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0 <br />CA) <br />CS) <br />CO <br />CO <br />3 <br />WHEN RECORDED MAIL TO: <br />Five Points Bank <br />Downtown <br />518 N Eddy <br />Grand Island NE 68801 <br />FIVE POINTS BANK <br />C7: <br />I I M IIUHU <br />" 000000000101267632011508012013* <br />c <br />3> <br />—1 <br />rn <br />C. M <br />- 71 --, <br />r- <br />N.) <br />FOR RECORDER'S USE ONLY <br />ASSIGNMENT OF RENTS <br />THIS ASSIGNMENT OF RENTS dated August 1, 2013, is made and executed between IGNACIO <br />CONTRERAS and MARIA D CONTRERAS, HUSBAND AND WIFE. (referred to below as <br />"Grantor") and Five Points Bank, whose address is 518 N Eddy , Grand Island, NE 68801 <br />(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 FOUR (4), BLOCK THREE (3), IN COLLEGE ADDITION TO WEST LAWN IN THE CITY <br />OF GRAND ISLAND, HALL COUNTY, NEBRASKA. <br />The Property or its address is commonly known as 2429 N PARK , GRAND ISLAND , NE <br />68803. <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 15 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 />CD <br />OD <br />00 <br />0) <br />1-11 <br />