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Pcepocea d ' . <br />Five Points Bank <br />South Branch <br />3111 W. Stolley Pk. Rd. <br />Grand Island, NE 68801 <br />ItII1K11hIIII <br />it <br />�II�I�IIIII <br />111IIIIIi <br />000000000101264824011505062013' <br />a <br />r <br />r <br />Re.m.cn To'. <br />Secs( NCre. .cN . <br />� ` �du A� \6 C ' t <br />FIVE INTS BANK <br />IIIIIINf ENNa0 <br />r_ <br />C <br />c.11 <br />c !) <br />V <br />io 4„y o ff' <br />0 t0( ,)3Ng6 d)( L913 <br />FOR RECORDER'S USE ONLY <br />111111111 <br />m <br />0 <br />ASSIGNMENT OF RENTS <br />THIS ASSIGNMENT OF RENTS dated May 6, 2013, is made and executed between JK <br />INVESTMENTS LLC (referred to below as "Grantor ") and Five Points Bank, whose address is <br />3111 W. Stolley Pk. Rd., Grand Island, NE 68801 (referred to below 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 TEN (10), BLOCK SEVENTY -EIGHT (78), WHEELER & BENNETT'S THIRD ADDITION <br />TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA <br />The Property or its address is commonly known as 424 E 14th Street, Grand Island, NE <br />68801. <br />CROSS- COLLATERALIZATION. In addition to the Note, this Assignment secures all obligations, debts and liabilities, <br />plus interest thereon, of either Grantor or Borrower to Lender, or any one or more of them, as well as all claims by <br />Lender against Borrower and Grantor or any one or more of them, whether now existing or hereafter arising, whether <br />related or unrelated to the purpose of the Note, whether voluntary or otherwise, whether due or not due, direct or <br />indirect, determined or undetermined, absolute or contingent, liquidated or unliquidated, whether Borrower or Grantor <br />may be liable individually or jointly with others, whether obligated as guarantor, surety, accommodation party or <br />otherwise, and whether recovery upon such amounts may be or hereafter may become barred by any statute of <br />limitations, and whether the obligation to repay such amounts may be or hereafter may become otherwise <br />unenforceable. <br />FUTURE ADVANCES. In addition to the Note, this Assignment secures all future advances made by Lender to Borrower <br />or Grantor whether or not the advances are made pursuant to a commitment. Specifically, without limitation, this <br />Assignment secures, in addition to the amounts specified in the Note, all future amounts Lender in its discretion may <br />loan to Borrower or Grantor, together with all interest thereon. <br />THIS ASSIGNMENT IS GIVEN TO SECURE (1) PAYMENT OF THE INDEBTEDNESS AND (2) PERFORMANCE OF ANY <br />tL <br />