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<br /> WHEfV i3ECORDED MAI� TO_
<br /> Equitable Bank
<br /> North Locust Branch
<br /> 9 7 3-1 9 5 N Locust St
<br /> PO Box '160
<br /> Grand Island NE 68802-0960 FOR RECORDER'S USE ONLY
<br /> ASSIGI�IMEIVT OF I�ENTS
<br /> THIS ASSIGfVMENT OF RENTS dated October 5, 2012, is made arad executecl between
<br /> RF90ADS El�1TERPRISES IIVC, whose address is 4204 Ul"AH AVL, GRAND FSLAAlD, NE 68803;
<br /> a 11lebraska Corporation (referred Yo 4�elow as "Grantor") anci €quitab0e Bank, wF�ose address is
<br /> 1'i 3-1'15 N �ocust St, PO Box 160, Grand Island, NE 68802-0160 (referrec! to below as
<br /> "Lender").
<br /> ASSIGI�lIVIENT. For valuable consideration, Grantor hereby assigns, grants a contine�ing security
<br /> interes� in, and conveys to Lender aIl of Grantor's right, title, and iraterest in and ta the Ren#s
<br /> from the following described iProperty located in HALL. County, State of iVebraska:
<br /> PARCEL 9: LOT TW� (2), SHAR'S SUBDNISION, IN TFiE CITY OF GRAfVD ISLAND, �LALL
<br /> COlJIVTY, NEBRASKA
<br /> PARCEL 2: LOT THREE (3), SHAR'S SUBDIVISION, 1N THE CIT'Y OF GRAlVD ISLAND, HALL
<br /> COUIVTY, fV,EBRASKA
<br /> P,4l3CEL 3: LOT TWENTY-SEVEN (27) OF HAWT&-IOFtNE PLACE, iM l"F!E C9TY OF GRAli1D
<br /> ISLAND, HALL GOIJNTY, NESRASKA
<br /> The Property or its address is commonly known as 9'17-919 E '!2TIi ST, 1 104-'I 106 EVAPVS
<br /> Sl", 9'15 S SYCAMORE ST, GFZAND ISLAND, NE 68802_ The Propert�r tax idee�tification
<br /> number is 400091720, 40009'i 739, 400043750.
<br /> CROSS-COLLF.TERALIZATB�N. In addition to the Note, this Assignrnent secures all obfigations, debts and IiabiiiYies,
<br /> plus interest'chereon, of Grantor to Lender, or any one or more of tnem, as well as.all claims by Lencier against Grantor
<br /> or any one or more of them, whether now existing or hereafter arising, whether related or.unrelaied to the purpose of
<br /> the Noie, wheCher 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 /> wfiether obligated as.guarantor, surety, accommodation party or otherwise, and whether recovesy upon such amounts
<br /> may 6e or hereafter may become barred by any staYute of limitations, and whether the obligaiion to repay such amounts
<br /> may be or hereafter may become otherwise unen#orceable. �
<br /> FIITURE ADVANCES. in add�ition to the Note, this Assignment secures all fuTure advances made by Lender to Grantor
<br /> wF�ether or not the�advances are made pursuar�t to a commi�tmant Specifically,. without limitation, this Assignment
<br /> secures, in addition to the amounts specified in the Note, all future am�unYs Lender in its discretion may loan to
<br /> Grantor,±ogeti�er wi'th all interest thereon.
<br /> THIS ASSIGIVMENT IS GNEN TO SECURE (9) PAYM�ENT OF THE i11iDEBTEDNESS A.ND (2) PERFORMANCE OF ANY
<br /> AND ALL OBLIGATIONS (SF GRANTOR UNDER THE iVOTE. THIS ASSIGNMENT, AND THE RELATED DOCUMENTS.
<br /> THIS ASSIGNMENT IS GIVEN AND ACCEPTED Ol�i THE FOLLOWING TERMS•
<br /> PAYMENT AND PERFORMANCE. Except as otherwise provided in thfs Assig.nment or a:ny Related Documents, Grantor
<br /> shali pay to Lender alI amounts secured by this Assignment as they become due, and sha❑ strictly perForm all of
<br /> Grantor's obligations under this Assignment. Unless and untif Lender exercises its right to collect the Rents as provided
<br /> below and so long as there. is no default under this Assignment, Grantor may remain in possession and control of and
<br /> operate and manage the Property and collect the Rents, provided tha�C the granting of the right io col:lect the Rents shall
<br /> not constitute Lender's co�nsent to the use of cash collateral in a bankruptcy proceeding. .
<br /> GRANTOR'S EiEPRESENTATtONS AND WARRAIVTIES. Grantor warrants that:
<br /> Ownership_ ,Granzor is entitled to receive the RenYs free and clear of all riyhts, loans, liens, encumbrances, and
<br /> claims sxceFt as disdosed to and accepted by Lender fn writing.
<br /> Right to Assign. Grantor has tF�e full rioht, power and authority to enter into this Assignment and to assign and
<br /> convey the Ren�s to �ender.
<br /> No Prior Assignment. GranYor has not previously assigned or conveyed the Rents to any other person by any
<br /> instrument now in force.
<br /> No Further Transfer� Grantor witl not sell, assign, encumber, or otherwise dispose of any of Grantor's rights in the
<br /> Rents except as provided in this Assignment.
<br /> LENDER'S RIGHT TO RECEIVE AND COLLECT RENTS. Lender shall have ihe right at any time, and even though no _
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