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Loan No: 101271982 <br />201400074 <br />ASSIGNMENT OF RENTS <br />(Continued) Page 4 <br />Attorneys' Fees; Expenses. If Lender institutes any suit or action to enforce any of the terms of this Assignment, <br />Lender shall be entitled to recover such sum as the court may adjudge reasonable as attorneys' fees at trial and <br />upon any appeal. Whether or not any court action is involved, and to the extent not prohibited by law, all <br />reasonable expenses Lender incurs that in Lender's opinion are necessary at any time for the protection of its <br />interest or the enforcement of its rights shall become a part of the Indebtedness payable on demand and shall bear <br />interest at the Note rate from the date of the expenditure until repaid. Expenses covered by this paragraph include, <br />without limitation, however subject to any limits under applicable law, Lender's attorneys' fees and Lender's legal <br />expenses, whether or not there is a lawsuit, including attorneys' fees and expenses for bankruptcy proceedings <br />(including efforts to modify or vacate any automatic stay or injunction), appeals, and any anticipated post - judgment <br />collection services, the cost of searching records, obtaining title reports (including foreclosure reports), surveyors' <br />reports, and appraisal fees, title insurance, and fees for the Trustee, to the extent permitted by applicable law. <br />Grantor also will pay any court costs, in addition to all other sums provided by law. <br />MISCELLANEOUS PROVISIONS. The following miscellaneous provisions are a part of this Assignment: <br />Amendments. This Assignment, together with any Related Documents, constitutes the entire understanding and <br />agreement of the parties as to the matters set forth in this Assignment. No alteration of or amendment to this <br />Assignment shall be effective unless given in writing and signed by the party or parties sought to be charged or <br />bound by the alteration or amendment. <br />Caption Headings. Caption headings in this Assignment are for convenience purposes only and are not to be used <br />to interpret or define the provisions of this Assignment. <br />Governing Law. This Assignment will be governed by federal law applicable to Lender and, to the extent not <br />preempted by federal law, the laws of the State of Nebraska without regard to its conflicts of law provisions. This <br />Assignment has been accepted by Lender in the State of Nebraska. <br />Choice of Venue. If there is a lawsuit, Grantor agrees upon Lender's request to submit to the jurisdiction of the <br />courts of HALL County, State of Nebraska. <br />Joint and Several Liability. All obligations of Grantor under this Assignment shall be joint and several, and all <br />references to Grantor shall mean each and every Grantor. This means that each Grantor signing below is <br />responsible for all obligations in this Assignment. <br />Merger. There shall be no merger of the interest or estate created by this assignment with any other interest or <br />estate in the Property at any time held by or for the benefit of Lender in any capacity, without the written consent <br />of Lender. <br />Interpretation. (1) In all cases where there is more than one Borrower or Grantor, then all words used in this <br />Assignment in the singular shall be deemed to have been used in the plural where the context and construction so <br />require. (2) If more than one person signs this Assignment as "Grantor," the obligations of each Grantor are joint <br />and several. This means that if Lender brings a lawsuit, Lender may sue any one or more of the Grantors. If <br />Borrower and Grantor are not the same person, Lender need not sue Borrower first, and that Borrower need not be <br />joined in any lawsuit. (3) The names given to paragraphs or sections in this Assignment are for convenience <br />purposes only. They are not to be used to interpret or define the provisions of this Assignment. <br />No Waiver by Lender. Lender shall not be deemed to have waived any rights under this Assignment unless such <br />waiver is given in writing and signed by Lender. No delay or omission on the part of Lender in exercising any right <br />shall operate as a waiver of such right or any other right. A waiver by Lender of a provision of this Assignment <br />shall not prejudice or constitute a waiver of Lender's right otherwise to demand strict compliance with that <br />provision or any other provision of this Assignment. No prior waiver by Lender, nor any course of dealing between <br />Lender and Grantor, shall constitute a waiver of any of Lender's rights or of any of Grantor's obligations as to any <br />future transactions. Whenever the consent of Lender is required under this Assignment, the granting of such <br />consent by Lender in any instance shall not constitute continuing consent to subsequent instances where such <br />consent is required and in all cases such consent may be granted or withheld in the sole discretion of Lender. <br />Notices. Any notice required to be given under this Assignment shall be given in writing, and shall be effective <br />when actually delivered, when actually received by telefacsimile (unless otherwise required by law), when <br />deposited with a nationally recognized overnight courier, or, if mailed, when deposited in the United States mail, as <br />first class, certified or registered mail postage prepaid, directed to the addresses shown near the beginning of this <br />Assignment. Any party may change its address for notices under this Assignment by giving formal written notice <br />to the other parties, specifying that the purpose of the notice is to change the party's address. For notice <br />purposes, Grantor agrees to keep Lender informed at all times of Grantor's current address. Unless otherwise <br />provided or required by law, if there is more than one Grantor, any notice given by Lender to any Grantor is <br />deemed to be notice given to all Grantors. <br />Powers of Attorney. The various agencies and powers of attorney conveyed on Lender under this Assignment are <br />granted for purposes of security and may not be revoked by Grantor until such time as the same are renounced by <br />Lender. <br />Severability. If a court of competent jurisdiction finds any provision of this Assignment to be illegal, invalid, or <br />unenforceable as to any person or circumstance, that finding shall not make the offending provision illegal, invalid, <br />or unenforceable as to any other person or circumstance. If feasible, the offending provision shall be considered <br />