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201308803
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Last modified
8/19/2014 2:24:30 PM
Creation date
11/4/2013 4:06:29 PM
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DEEDS
Inst Number
201308803
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1'R <br />N � C <br />Ft� <br />Co <br />- 7C <br />WHEN REGCIRDED'MAIL TO: <br />Five Pointe "Bank <br />1 Downtown Brandh <br />? 518NEddy <br />Grand Island. NE 64891 <br />n di <br />I <br />ra <br />FIVE POIN BANK <br />I. ", . U <br />000000000101270434011510312013* <br />n <br />�' I ri <br />c PI <br />-+ N ra <br />C) --7 i-a (1) <br />-- r „ CO <br />i7 CO <br />CD <br />N `) C: <br />F ,, U� <br />,__- O <br />E S cz) cn G) —I <br />z <br />0 <br />FOR RECORDER'S USE ONLY <br />ASSIGNMENT OF 'RENTS <br />THIS ASSIGNMENT OF RENTS dated October 31, 2013, is made and executed between <br />IGLESIA EVANGELICA BETHANIA PENtECOSTAL (referred to below as "Grantor ") and Five <br />Points Bank, whose address is 518 N Eddy , Grand Island, NE 68801 (referred to below as <br />"Lender "). <br />ASSIGNMENT. For valuable consideration, Grantor hereby assigns, grants a continuing security <br />interest in, and conveys to Lender alt 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 />EXHIBIT " A " <br />The Property or its addrpss;Is commonly known as 517 -523 E 5TH ST, 41$ N VINE ST, 503 E <br />5TH ST GRANO ISLAND , `NE - 58801. <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 Ass_ ignment. Borrower assumes the responsibility for being and keeping informed about <br />the Property. Borrower waives any defenses' that may arise because of any action or inaction of Lender, including <br />
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