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n <br /> = c) --I m <br /> c n N Z <br /> Pri <br /> 0 . _n = c.,0 C7 <br /> CD <br /> 0-)TI rn <br /> CO _ v: c�1 CO <br /> GJ - <br /> OD XI <br /> c_n (i) W <br /> Cr) <br /> WHEN RECORDED MAIL TO: C' <br /> Five Points Bank <br /> North Branch Y6' <br /> C d <br /> 2015 North Broadwell <br /> Grand Island, NE 68803 FOR RECORDER'S USE ONLY <br /> FIVE POINTS BANK <br /> 1 IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII <br /> *000000000101268178011508122013* <br /> ASSIGNMENT OF RENTS <br /> THIS ASSIGNMENT OF RENTS dated August 12, 2013, is made and executed between <br /> PATRICK RENTALS LLC, A LIMITED LIABILITY COMPANY (referred to below as "Grantor") and <br /> Five Points Bank, whose address is 2015 North Broadwell, Grand Island, NE 68803 (referred to <br /> 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 /> LOTS EIGHT (8) AND SEVEN (7), BLOCK FOUR (4), VO,ITLE'S ADDITION TO THE CITY OF <br /> GRAND ISLAND, HALL COUNTY, NEBRASKA <br /> The Property or its address is commonly known as 622 E 8TH STREET & 618 E 8TH STREET, <br /> GRAND ISLAND, NE 68801. <br /> FUTURE ADVANCES. In addition to the Note, this Assignment secures all future advances made by Lender to Borrower <br /> whether or not the advances 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 /> Borrower, 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 BORROWER AND GRANTOR UNDER THE NOTE, THIS ASSIGNMENT,AND THE RELATED <br /> DOCUMENTS. THIS ASSIGNMENT IS GIVEN AND ACCEPTED ON THE FOLLOWING TERMS: <br /> GRANTOR'S WAIVERS. Grantor waives all rights or defenses arising by reason of any"one action" or "anti-deficiency" <br /> law, or any other law which may prevent Lender from bringing any action against Grantor, including a claim for <br /> deficiency to the extent Lender is otherwise entitled to a claim for deficiency, before or after Lender's commencement <br /> or completion of any foreclosure action, either judicially or by exercise of a power of sale. <br /> BORROWER'S WAIVERS AND RESPONSIBILITIES. Lender need not tell Borrower about any action or inaction Lender <br /> takes in connection with this Assignment. Borrower assumes the responsibility for being and keeping informed about <br />