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201300306
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Last modified
8/19/2014 2:21:48 PM
Creation date
1/14/2013 8:13:10 AM
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DEEDS
Inst Number
201300306
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Assignment is inconsistent with the provisions of the other Loan Documents, such other <br />Loan Documents shall control; and in particular, to the extent that this Assignment is <br />inconsistent with the terms of the Security Instrument, the Security Instrument shall <br />control. Lender may enforce any of the provisions of this Assignment prior to, <br />simultaneously with, or subsequent to any of the rights or remedies under the other Loan <br />Documents. <br />10. Notices. All notices, demands, requests, consents, approvals or communications required <br />under this Assignment shall be in writing and shall be deemed to have been properly <br />given if sent by hand delivery, overnight courier or certified mail, postage prepaid, <br />addressed to the parties at the following addresses: <br />If to Borrower: <br />If to Lender: <br />Gordman Grand Island, L.L.C. <br />c/o Jerome P. Gordman <br />444 Regency Parkway Drive, Suite 202 <br />Omaha, Nebraska 68114 <br />First National Bank of Omaha <br />1620 Dodge Street <br />Omaha, Nebraska 68102 <br />ATTN: Senior Officer, Mortgage Loan Department <br />With a copy to: Matthew T. Payne, Esquire <br />PANSING HOGAN ERNST & BACHMAN LLP <br />10250 Regency Circle, Suite 300 <br />Omaha, Nebraska 68114 <br />or to such other addresses as are designated by notice pursuant to this Section. <br />11. Attorneys' Fees. If any legal action or proceeding is brought by either Borrower or <br />Lender in order to enforce or construe a provision of this Assignment, the unsuccessful <br />party in such action or proceeding, whether such action or proceeding is settled or <br />prosecuted to final judgment, shall pay all of the attorneys' fees and costs incurred by the <br />prevailing party. If Borrower shall become subject to any case or proceeding under the <br />Bankruptcy Reform Act, as amended or recodified from time to tie, Borrower shall pay to <br />Lender on demand all attorneys' fees, costs and expenses which Lender may incur in <br />order to obtain relief from any provision of the Act which delays or otherwise impairs <br />Lender's exercise of any right or remedy under this Assignment or any of the Loan <br />Documents, or in order to obtain adequate protection for any of Lender's rights or <br />collateral. <br />12. Heirs, Successors and Assigns. Subject to the limitations elsewhere contained in this <br />Assignment, the terms of this Assignment shall be binding upon and inure to the benefit <br />of the heirs, successors and assigns of Borrower and Lender, including, without <br />limitation, any subsequent owner of the Property. There shall be no third party <br />beneficiaries of this Assignment. <br />13. Time. Time is of the essence of each term of this Assignment. <br />14. Headings. All headings appearing in this Assignment are for convenience only and shall <br />be disregarded in construing the substantive provisions of this Assignment. <br />15. Law. This Assignment shall be governed by and construed in accordance with the Laws <br />of the State in which Property is located, except to the extent that Federal laws or the <br />rules and regulations of the Office of Thrift Supervision, or its successor, preempt the <br />laws of the State in which Property is located, in which case, Lender shall be entitled to <br />such Federal rights and remedies without regard to conflicting limitation imposed by <br />State law. <br />16. Severability. In the event any one of the provisions contained in this Assignment shall <br />for any reason be held to be invalid, illegal or unenforceable in any respect under <br />applicable law, such invalidity, illegality or unenforceability, at the option of Lender, <br />6 <br />20130030E <br />
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