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<br />WHEN RECORDED MAIL TO:
<br />Five Points Bank
<br />�,\,� North Branch w O d
<br />�► 2015 North Broadwell l.
<br />� Grend Island. NE 68803 FOR RECORDER'S USE ONLY �
<br />FivF POiNrS B�uuK
<br />��IIIIII II��IIII������� ����I������I�IIIIIIIIIIIIII�����������I ������� � ���������������������IIII►�IIIII�������� ��� �����������►
<br />"000000000101256792011508292072*
<br />ASSIGNMENT OF RENTS
<br />THIS ASSIGNMENT OF RENTS dated August 29, 2012, is made and executed between
<br />TIMOTHY S SPIEHS and LISA M SPIEHS; Husband and Wife (referred to below as "Grantor")
<br />and Five Points Bank, whose address is 2015 North Broadwell, Grand Island, NE 68803
<br />(referred to below as "Lender").
<br />ASSIGNMENT. For valuabie consideration, Grantor hereby assigns, grants a continuing security
<br />interest in, and conveys to Lender all of Grantor's right, title, and interest in and to the Rents
<br />from the following described Property located in Hall County, State of Nebraska:
<br />Fractional Lot Seven (7), in Fractional Block Sixteen (16), in Bakers Addition and its
<br />complement Fractional Lot Seven (7), in Fractional Block One (1), in Woodbine Addition to
<br />the City of Grand Island, Hall Counfiy, Nebraska.
<br />The Property or its address is commonly known as 2120 W 1st Street, Grand Island, NE
<br />68807 .
<br />CROSS-COLLATERALIZATION. In addition to the Note, this Assignment secures all obligations, debts and liabilities,
<br />plus interest thereon, of Grantor to Lender, or any one or more of them, as well as all claims by Lender against Grantor
<br />or any one or more of them, whether now existing or hereafter arising, whether related or unrelated to the purpose of
<br />the Note, whether voluntary or otherwise, whether due or not due, direct or indirect, determined or undetermined,
<br />absolute or contingent, liquidated or unliquidated, whether Grantor may be liable individually or jointly with others,
<br />whether obligated as guarantor, surety, accommodation party or otherwise, and whether recovery upon such amounts
<br />may be or hereafter may become barred by any statute of limitations, and whether the obligation to repay such amounts
<br />may be or hereafter may become otherwise unenforceable.
<br />FUTURE ADVANCES. In addition to the Note, this Assignment secures all future advances made by Lender to Grantor
<br />whether or not the advances are made pursuant to a commitment. Specifically, without limitation, this Assignment
<br />secures, in addition to the amounts specified in the Note, all future amounts Lender in its discretion may loan to
<br />
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