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Loan No: 101265526
<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 the future advances set forth in the Future Advances provision, together with all
<br />interest thereon and all amounts that may be indirectly secured by the Cross - Collateralization provision of this
<br />Assignment.
<br />Lender. The word "Lender" means Five Points Bank, its successors and assigns.
<br />Note. The word "Note" means the promissory note dated June 21, 2013, in the original principal amount
<br />of $344,184.75 from Borrower 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 JUNE 21, 2013.
<br />GRANTOR:
<br />FARM ' ND IRRIGATIO
<br />By::
<br />ERNO
<br />IT
<br />IRRIGATION, INC.
<br />RDINE,
<br />STATE OF /17
<br />GENERAL NOTARY - State of Nebraska
<br />TIM A. WOJCIK
<br />*Comm. Exp. March 27, 2016
<br />ASSIGNMENT OF RENTS 2013
<br />(Continued) Page 6
<br />DIRECTOR of FARM LAND
<br />CORPORATE ACKNOWLEDGMENT
<br />SS
<br />COUNTY OF ALL,
<br />T �
<br />On this f
<br />Z/ day of v NC_ , 20 /3 , before me, the undersigned
<br />Notary Public, personally appeared VERNON KEITH JARDINE, CEO /DIRECTOR of FARM LAND IRRIGATION, INC., and
<br />known to me to be an authorized agent of the corporation that executed the ASSIGNMENT OF RENTS and
<br />acknowledged the Assignment to be the free and voluntary act and deed of the corporation, by authority of its Bylaws
<br />or by resolution of its board of directors, for the uses and purposes therein mentioned, and 9V) oath stated that he or
<br />she is authorized to execute this Assignment and in fact executed the Assignment on behalf q/f fhe corporation.
<br />By /� �G✓�
<br />Printed Name: 77 d, 41 a. c : k
<br />Notary Public in and for the State of WI
<br />Residing at / Cc c ty
<br />My commission expires Z7-10/4
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