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201208472
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Last modified
10/10/2012 4:37:30 PM
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10/10/2012 4:37:30 PM
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201208472
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- <br />�� <br />� <br />0 � <br />� .� <br />N �� <br />0 - <br />� - <br />N � <br />� <br />�s <br />�� <br />�� <br />�� <br />� <br />� <br />� <br />� � <br />� � « <br />� <br />3 <br />�' <br />� ..: <br />� �� � <br />�-�.A <br />�' ^'1 <br />� ..��� <br />r � '- <br />r � �..� <br />`,' ----�1 <br />c � __. <br />� <br />• ' ''. �,--+ <br />zt Y, ti __. - O <br />�, f=_ <br />e��� /;_� <br />['� � <br />.>; <br />` � �'=' C.� <br />�, <br />r-; 1� i .J <br />r+ �� <br />� � <br />� � <br />0 � <br />C D <br />z -+ <br />-.� m <br />� O <br />o -*� <br />� � <br />_ �'i <br />D� CU <br />r � <br />� n <br />C+'> <br />7C <br />D <br />� <br />� <br />N <br />O <br />�--� <br />N <br />f� <br />� <br />� <br />� <br />N <br />� <br />� <br />� <br />� <br />� � <br />� <br />� <br />��_�� <br />V1(HEN RECORDED MAIL TO: <br />N 1 Five Points Bank <br />� 1� Downtown <br />518 N Eddy <br />Grand Island, IVE 68801 FOR RECORDER'S USE ONLY <br />FtvE POIIVTS BAIVK <br />I IIIIII IIII III I II I IIIII IIIII IIIII IIIII IIIII IIIII IIIII IIIII IIIII IIIII IIIII �III IIIII IIIII IIIII IIIII �III IIIII IIIII IIIII III� II�I IIIII IIIII II�I IIIII IIII IIII <br />•000000000101258041011510092012" <br />ASSIGNMENT OF RENTS <br />THIS ASSIGNMENT OF RENTS dated October 9, 2012, is made and executed between MOISES <br />LLAMAS and OLIVIA LLAMAS, HUSBAND AND WIFE. (referred to below as "Grantor") and <br />Five Points Bank, whose address is 518 N Eddy , Grand Island, NE 68801 (referred to below <br />as "Lender"). <br />ASSIGNMENT. For valuable 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 />LOT ONE (1) , KNOX SUBDIVISION, CITY OF GRAND ISLAND, HALL COUNTY, <br />NEBRASKA, EXCEPT THAT PORTION DEEDED TO THE CITY OF GRAND ISLAND, <br />NEBRASKA IN DEED RECORDED AS INSTRUMENT # 20007248. <br />The Property or its eddress is commonly known as 2815 S LOCUST ST, GRAND ISLAND, NE <br />68801. The Property ta�c identification number ls 400148471. <br />FUTURE ADVANCES. In addition to the Note, this Assignment secures all future advances made by Lender to Grentor <br />whether or not the edvances 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 />Grantor, together with all interest thereon. <br />THIS ASSIGNMENT IS GIVEN TO SECURE (1) PAYMENT OF THE INDEBTEDNESS AND (2) PERFORMANCE OF ANY <br />AND ALL OBLIGATIONS OF QRANTOR UNDER THE NOTE, THIS ASSIGNMENT, AND THE RELATED DOCUMENTS. <br />THIS ASSIGNMENT IS GIVEN AND ACCEPTED ON THE FOLLOWING TERMS: <br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Assignment or eny Releted Documents, Grantor <br />shell pay to Lender ell amounts secured by this Assignment as they become due, and shell strictly perform all of <br />Grantor's obligations under this Assignment. Unless and until Lender exercises its right to collect the Rents as provided <br />below and so long as there is no default under this Assignment, Grentor may remain in possession and control of and <br />operate and manege the Property and collect the Rents, provided that the granting of the right to collect the Rents shall <br />
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