201307106 - Laserfiche WebLink

Browse

WHEN RECORDED MAIL TO: Five Points Bank North Branch 2015 North Broadwell Grand Island, NE 68803 IIIIIflII III II III IIIIIIIIIIIIIIIII IIIIIIIIIIIIII flt 11 z FIVE POINTS BANK IIIIIIIIIIIII IIIIIIIIIIIIIII IIIIIIIIIIIIIIII IIII * 000000000101268673011508282013* 111111111111111111111111111111111111 11 C-4.) c G7 !V C1) _ N ( n (f Cr) FOR RECORDER'S USE ONLY ASSIGNMENT OF RENTS THIS ASSIGNMENT OF RENTS dated August 28, 2013, is made and executed between GOSDA INVESTMENTS LLC, A NEBRASKA LIMITED LIABILITY COMPANY (referred to below as "Grantor ") and Five Points Bank, whose address is 2015 North Broadwell, Grand Island, NE 68803 (referred to below as "Lender "). ASSIGNMENT. For valuable consideration, Grantor hereby assigns, grants a continuing security interest in, and conveys to Lender all of Grantor's right, title, and interest in and to the Rents from the following described Property located in HALL County, State of Nebraska: LOT FORTY THREE (43), BELMONT, AN ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. The Property or its address is commonly known as 507 N CAREY AVENUE, GRAND ISLAND, NE. CROSS - COLLATERALIZATION. In addition to the Note, this Assignment secures all obligations, debts and liabilities, plus interest thereon, of either Grantor or Borrower to Lender, or any one or more of them, as well as all claims by Lender against Borrower and Grantor or any one or more of them, whether now existing or hereafter arising, whether related or unrelated to the purpose of the Note, whether voluntary or otherwise, whether due or not due, direct or indirect, determined or undetermined, absolute or contingent, liquidated or unliquidated, whether Borrower or Grantor may be liable individually or jointly with others, whether obligated as guarantor, surety, accommodation party or otherwise, and whether recovery upon such amounts may be or hereafter may become barred by any statute of limitations, and whether the obligation to repay such amounts may be or hereafter may become otherwise unenforceable. FUTURE ADVANCES. In addition to the Note, this Assignment secures all future advances made by Lender to Borrower or Grantor whether or not the advances are made pursuant to a commitment. Specifically, without limitation, this Assignment secures, in addition to the amounts specified in the Note, all future amounts Lender in its discretion may loan to Borrower or Grantor, together with all interest thereon.