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<br /> �' " 30939� Assignments Of Lease: � �•__
<br /> �� BANKS And Ren ts � d =�_
<br /> Y � � (Neb�askal �. ___
<br /> ThJs AssJgnment!s made SenCember 25 1998 ,D°tweBn
<br /> ir�i3.liam P Ziller ar�d Julanm 1ts �i�ler
<br /> ' r.� fthe Aaslgnor'i,afnJ and ;°�`---
<br /> �• '"�� ti Norwest Ba„k Nebraska - ru:.`_.
<br /> +,�::`�;;',� _=_-
<br />�L•` ;y� /the Assignee%.a nadonal bankingasaoclation. ---
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<br />- • �.::+� � (]7he Asslgnor has exeauted and delfvered to the Aaslgnee its promissory note datad 3e,_ptember 25 1998 rn ths aiginal
<br /> ' pdncipaJ amount of 9 8 0.000.00 and any extenslons,ranawals or madlficadans thereof lrhe 'Nors'1. _ _
<br />� ��.. �]The Asslgno�has executed and de/ivered to tha Aaslgnea tts gua�anty�Iated !n favo�of che Assignee Ior -'
<br /> �'",�' � the bene7lt of —_-
<br /> � lthe Borrower'!!n fhe amount of 8 and any replacements or srtbs4irn7bns tAereof Ithe'Oua�anty"f.. __
<br /> • To secure payment o/the obligaUon descdbed abave lrhe'OWlgadon•/,the Asalgnor has executed srtd dellveisd ca tha Asslgnee a
<br /> • . deed o/tn�st!'Osed o/Tiust'1 deted 0 9/25/199i3 ,covedng ceKeln pmperty!'Tiust Propeny1!ncldding,omong oMe►things,
<br /> " * . the rea/estete descdbed!»the eaeched Exhlbit A and the bu//dingt/mp►ovemenrs,lixturos endperaonalpropa�Jy�r�i�r vs bi tha fuFUra = °
<br /> located thereon.
<br /> � The Asalgnee has repWred the exeadNon ol Mla Asatgnment ea e condidon to r»afting or eccept/ng the Obllgsdon.
<br /> ' ACCORDINGLY,!n oonaldereNon ol tho piamises and othe�pood end va/uetrle eonsldaret/on,the Aaslpnor doea herebygrant,trensler
<br />- � and esalDn to the Asa/gnee e!I of the Aealpnor a dyht,tlde end lnterest/n�nd M f!J sny and ep present o�lutwe leasea or tenancles,whether
<br /> wrltten or ore%covednp o�e1/ecting any or ell ol the Tiust Propeny,topether witA any and el/sxtana/ona,modlNcatlona end renewala thereo/
<br /> feach,e•Lease•end co/Isctively,Na Yeaass•I,cnd!!J/ell rents,proflta end other Income or peymenrs ol any klnd due o�payable or to
<br /> beCOmB due or pe yab/e t0 ths Asalgnor ss the reault oJ sn y use posaeaslo»o�oceupancy ol all o�eny poR/on ol the Tiust Property o�ea tha
<br /> � resu/t of the use ol or lesae of eny pe�aonal piopert y eonsUtudrtg e part o/the Trtrat Property,whether eccrulr►g beloro or eker lorec%suis oJ
<br /> ` the Dead ol Tiust or du�ing t+he pedod ol iedempdon thereot f'Renta•J,el//or the p+»pase ol aecudag fal psYment of a1llndebtedness
<br /> _�• � evldenced by the Obllgallon sad all other aumm aeeured b y the Daed of Trustl ead!bl per/ormance and disehorge of each end svery
<br /> - •� ob/1gaUon,covenant and agreement ol the Asalgnor contelne�harel»end!n the Dead o/7rust
<br /> ' TAe Aaslgno�wenents a�+d covenanta Nat Asslgnor is end wll/iema/n the ebsolute owne�01 thB Renta and Leases fiee and clea�ol a!I
<br />- "�-. - Ilens and encumbrances other than the/fen grented he��ln,that Assfgnor has not previolaly esslgned o�othen�vfae encumbered rhe
<br />�,"•"�^- »: Assigno�s/nterest In eny of the Renta or Leases ro any othe�person;that Aaslgaor has�Ae dght undei spp/Icsbla/aw unde�rhe Leases and
<br /> -- � othe�wise to execute end dellver Mts Asstgnment end to keep and ps�/o�r»al!ob!lgeUons herennder,and that Aasigna�wlll waiisnt and
<br /> 7�_:,�;..;,,�" detend the leases and Rents ag8inst ell adverse clalms,whether now exlsdng or/ater arising.
<br /> , ""'r� The Asslgnor Iurther covenants and egrees as loAows:
<br /> ' 1. E F RMANCE OF LEASfS 71�e Asslgnoi wilf felthfully aWde by,pe�fom►end discharge each and every ob/Igatlon,covenent and
<br /> agreement wh/ch t now/s or hereafte�becomes/lab/e to observe or peilorm under any present or luture tveso,sad,ot the Asslgnoi s
<br /> '=' sole cost and eupense,will e»lorce or aecuie the pe�forr»ance of each ead every otrUgation,undar.each and every Lease.The Asslgnar _
<br />-� �,• wi//observe endcomp/y with e//provialons o1/aw epp//cab/e to the opsredon end ownershlp ol tha Tiast Property.TAe Assrgaor wi11 glve
<br /> ' '� prompt wNtten not/ce ro the Aaslgnea ol sny notice of delauh on the pert of the Asslgnor witA respaet to the Lease recelved Irom rhe
<br /> �.,;�;;-.Y�� tenant thereunder,end wld a/so at Asslgnor's so�a cost and expense,appea�In snd defend eny aodon or proceeding ark4rg undei
<br /> __:.��,... growing out o/or!n any n,annsr canneciad wlth any Leasa or the ob/lgaUons,duNes or llabf/lrles of the Aaslgno►o�sny tenant the�eundea
<br /> �,r•....--. 7he Asslgnor wlll not lease or othervvise peimlt the use of el/or any porBon ol th3 7'iuvt PropertY/o��ent that la beluw the lefi ma�ket
<br /> �_ -.+�!R!+�:� rent/or such propsrty.
<br />- . � 2. �OL�ECT/ON OF RfN7S 1N ADVANCE.The Asslgno�w!//not coJ/eet or eccept any Rents lo�the use or oecupaney of the Tiust Properry
<br /> ' � � /o►more than one month/n edvence. Secudry deposlta shal/not be deemed Rents/or puiposes ol thls paregreph. —
<br /> 3. PROTECT/NQ TNE SECURITY OF TN/S ASS/QNMENT Shou/d the Asaignoi/a!/ro parlonn or observe anY cavenant oi sgreement
<br /> �� � conteined in thfs Assigrtment,then the Asslgnee may(but shall have no obllgatlon toJ make or do the same!n such menner and ro such —
<br /> oxtent as the Asslgnee may deem appropdate to protect Me seaudty hereo% 7Ae dgAts of Ne Asslgnee AeieunQer ahall lrtcluda but not
<br /> be/!mlted�o!f!the right to eppeai/n ved defend en y ecdon or proceeding purpordng to eNect the secwiry hereof or the�lghts o�powers
<br /> y ol tAe Asslgnee,fl!/the dghF to pedorm arrd dlscharge each end every oDlfgatfon,covenant end egreement of the AssJgno�eo»te!»ed In __
<br /> %' the lease,end!lill the dghG Jn exerc/s/ng eny of tho otAe��/8��B�nted he►eur►dei to pe y necessary costs and expenses, emp/oy —_.
<br /> � counsel and pay reasonab/e etromeys'/ees. The AssJgnor shaN pay on dtrmaad d!l sLms expended by the Asslgnee parauant to M/s �__
<br /> � psragraph,togethor with lntt+rest rhereon ar Me rate steted by the Note or the rote stated/n the most reeent oblfgadon covered by the ___
<br /> " ' Guaranty,ond the 8sme sAaJl be added to the Obligado»secured hereby end by the Doed of Tiust. -:
<br /> , � 4. PRESENT ASSIGNMENT. Thls Asalpnment sAa!/consdtnte a pedected,obsolute end present asslgnr»enC Provldad that the Aaslgnw shal/ �,:
<br /> have the rlght to colloct all of Me Renta/sub/ect[o the Sect/on enBded'CoNect/on oI Rents/n Advence'i and ro retaln,use and enjoy the �_.�
<br /> same unU/cn Event oI Defeu/t occurs under rho Deed of Trost or tMe Aeslgnor breeches any warrenry o►covenant conral�ed In thls
<br /> ____ __ _'__�__ Assignment.Any Rents accirrfig prlor ro an fvent o1 Defevlt under the Deed o/�iust but pald tAerealte�ahelf tre pald to tho Aaslgnee.
<br /> � 6. SURV/V�Of OB1fQAT/ON. llifa Asslgament/s given as security/n addition to the Deed of Tiust All o/rAe Asslgnor's oCllgatJons under
<br /> the Oeed of 7rust and th/s Asslgnment shall smvive Ioroclosvre o/the Deed ot Tiust.The Asslgnor sholl observe and compl y with s//
<br /> tenns and condidons coniafned in the Deed oi Tiust and!n this Asalgnment snd shall pneclude eny Event of Defauft from occuriing under
<br /> the Oeed of Tiust dudng the pedod of redemptfon 1oJ/owing forec/osure o/the Deed ot Tinst.
<br /> 6. DEFAULT.•REMfD/ES UQon tha occunenca of any Event o/Delauk speci�ied fn the Deed ot Tiust oi upon the Dreach o�any warienry or
<br /> covenant conrained in thla Aaslgnment the Assignae maY,atlts opt/on:
<br /> fa1 in the name,p/ace en0 stead o/the AssJgnor and as the Assignee!n!ts soJe dlscretion deems appropdate fi1 enier upon,manage and
<br /> � � operate the Tiusr Praperty o��eta/n the servtces o!one o�mo�e lndependent contnctors to manage and opeiare alI or any paK of the
<br /> s:•;�,��t� . Tiust Properry;flJ!make,enfoae,modUy and eecepf sanender o)the Leases;f1!!1 obtain or evict tenants,co/lect,receive,sue lor,llx,
<br /> "•:�:';::?., mod!/y,edjust or compromise the Rents,and eMaiee e/!dgnta o/the Asslgnor under the leesas;end fivl pedo�m any and all other
<br /> � •=� acrs rhat mey be necessary or p�oper to protect the secudry of rhis Aaslgnment
<br /> . bl wlth or wfthour exerclsing the dghts aet fonh/n subpe�egnph fa1 above,gPoe oi rs0ulre the Asslgnor to give notice to eny or all
<br /> tenants under the Leoses euthorfiing and directing thom to pay al!Rents undai the Ceases dl�ectty to the Asslgnee;and
<br /> � . ----`Y^� cJ withour iegaro to any wssre.6U6qU8Cy oi ma sacuriEq us awvrri��y:vf L'i'.;«;gr.�:.�FMJ!ar the s�:?��!srrt^I$!!K'RI��A/MR
<br /> Tiust Pioperty,to whlch appolnbnent the Asslgnor hereby consenta,whether or not/oreclosu�e proceedings have been commenced
<br /> � under the Oeed of Tiust and whether or not e forec%snre aele Aas occuued.
<br /> j N!fQMT<WD ftPB),IOU�pJI _ . .. . - - - Pege 10l 3
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