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-: — � CD --H <br /> 0 11'°1 :` <br /> . t, -T1 1--X ›, <br /> w �, cr' .- c0 <br /> Co r--y <br /> ..■ - CO A, GJ 71 <br /> C. <br /> r ._ CO <br /> N co N ill <br /> -I <br /> V <br /> WHEN RECORDED MAIL TO: <br /> ED Five Points Bank <br /> (.0 West Branch <br /> 11 2009 N.Diers Ave. C, <br /> Grand Island,NE 68803 FOR RECORDER'S USE ONLY <br /> .� <br /> FIVE POINTS BANK yG. <br /> 111111111111111111 1111111 II 1111111111111111111111111111 111111111111111111111111 <br /> •000000000101268694011509092013" <br /> ASSIGNMENT OF RENTS <br /> THIS ASSIGNMENT OF RENTS dated September 9, 2013, is made and executed between <br /> RANDY J MAYFIELD and SHELLEY D MAYFIELD: Husband and Wife (referred to below as <br /> "Grantor") and Five Points Bank, whose address is 2009 N. Diers Ave., Grand Island, NE <br /> 68803 (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 One (1), Otto-Peters Subdivision, Hall County, Nebraska <br /> The Property or its address is commonly known as 5524 N GUNBARREL RD, GRAND ISLAND, <br /> NE 68801. The Property tax identification number is 400420856. <br /> FUTURE ADVANCES. In addition to the Note, this Assignment secures all future advances made by Lender to Grantor <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 /> Grantor, 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 GRANTOR UNDER THE NOTE, THIS ASSIGNMENT, AND THE RELATED DOCUMENTS. <br /> THIS ASSIGNMENT IS GIVEN AND ACCEPTED ON THE FOLLOWING TERMS: <br /> PAYMENT AND PERFORMANCE. Except as otherwise provided in this Assignment or any Related Documents, Grantor <br /> shall pay to Lender all amounts secured by this Assignment as they become due, and shall strictly perform all of <br /> Grantor's obligations under this Assignment. Unless and until Lender exercises its right to collect the Rents as provided <br /> below and so long as there is no default under this Assignment, Grantor may remain in possession and control of and <br /> operate and manage the Property and collect the Rents, provided that the granting of the right to collect the Rents shall <br /> not constitute Lender's consent to the use of cash collateral in a bankruptcy proceeding. <br /> GRANTOR'S REPRESENTATIONS AND WARRANTIES. Grantor warrants that: <br />