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201301986
<br /> ASSIGNMENT OF RENTS
<br /> (Continued) Page 4
<br /> exemption laws of the State of Nebraska as to all Indebtedness secured by this Assignment.
<br /> DEFINITIONS. The following capitalized words and terms shall have the following meanings when used in this
<br /> Assignment. Unless specifically stated to the contrary,all references to dollar amounts shall mean amounts in lawful
<br /> money of the United States of America. Words and terms used in the singular shall include the plural, and the plural
<br /> shall include the singular,as the context may require. Words and terms not otherwise defined in this Assignment shall
<br /> have the meanings attributed to such terms in the Uniform Commercial Code:
<br /> Assignment. The word 'Assignment"means this ASSIGNMENT OF RENTS,as this ASSIGNMENT OF RENTS may
<br /> be amended or modified from time to time,together with all exhibits and schedules attached to this ASSIGNMENT
<br /> OF RENTS from time to time.
<br /> Borrower. The word'Borrower'means TS12,LLC.
<br /> Default. The word"Default"means the Default set forth in this Assignment in the section titled 'Default".
<br /> Event of Default. The words'Event of Default" mean any of the events of default set forth in this Assignment in
<br /> the default section of this Assignment.
<br /> Grantor. The word"Grantor"means TS12,LLC.
<br /> Guarantor. The word 'Guarantor" means any guarantor, surety, or accommodation party of any or all of the
<br /> Indebtedness.
<br /> Guaranty. The word "Guaranty" means the guaranty from Guarantor to Lender, including without limitation a
<br /> guaranty of all or part of the Note.
<br /> Indebtedness. The word "Indebtedness" means all principal, interest, and other amounts, costs and expenses
<br /> payable under the Note or Related Documents, together with all renewals of, extensions of, modifications of,
<br /> consolidations of and substitutions for the Note or Related Documents and any amounts expended or advanced by
<br /> Lender to discharge Grantor's obligations or expenses incurred by Lender to enforce Grantor's obligations under
<br /> this Assignment, together with interest on such amounts as provided in this Assignment. Specifically, without
<br /> limitation,Indebtedness includes all amounts that may be indirectly secured by the Cross-Collateralization provision
<br /> of this Assignment.
<br /> Lender. The word"Lender'means PINNACLE BANK,its successors and assigns.
<br /> Note. The word'Note"means the promissory note dated March 11,2013,in the original principal amount
<br /> of $3,891,982.50 from Grantor to Lender, together with all renewals of, extensions of, modifications of,
<br /> refinancings of,consolidations of,and substitutions for the promissory note or agreement.
<br /> Property. The word "Property" means all of Grantor's right, title and interest in and to all the Property as
<br /> described in the"Assignment"section of this Assignment.
<br /> Related Documents. The words "Related Documents" mean all promissory notes, credit agreements, loan
<br /> agreements, environmental agreements, guaranties, security agreements, mortgages, deeds of trust, security
<br /> deeds, collateral mortgages, and all other instruments, agreements and documents, whether now or hereafter
<br /> existing,executed in connection with the Indebtedness.
<br /> Rents. The word "Rents" means all of Grantor's present and future rights,title and interest in,to and under any
<br /> and all present and future leases, including, without limitation, all rents, revenue, income, issues, royalties,
<br /> bonuses,accounts receivable,cash or security deposits,advance rentals, profits and proceeds from the Property,
<br /> and other payments and benefits derived or to be derived from such leases of every kind and nature,whether due
<br /> now or later,including without limitation Grantor's right to enforce such leases and to receive and collect payment
<br /> and proceeds thereunder.
<br /> THE UNDERSIGNED ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS ASSIGNMENT, AND NOT
<br /> PERSONALLY BUT AS AN AUTHORIZED SIGNER, HAS CAUSED THIS ASSIGNMENT TO BE SIGNED AND EXECUTED
<br /> ON BEHALF OF GRANTOR ON MARCH 11,2013.
<br /> GRANTOR:
<br /> TS12,LLC
<br /> By: O d
<br /> JE M.S4 SKY,/Manager/Mem of TS12,LLC
<br /> By: /(/ /!
<br /> ROBEWI`Q. TT,Monier/Member of S12,LLC
<br />
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