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WHEN RECORDED MAIL TO: <br />Five Points Bank <br />West Branch <br />2009 N. Diers Ave. <br />Grand Island, NE 68803 <br />111110 <br />11 <br />111 <br />11 <br />m <br />T <br />c <br />z <br />n <br />FIVE POINTS BANK <br />IIN IIN IIN nl11 I II I IIIII IIII 111 NIII IIIN II NI II 11111 IINI IIIII IIIII IINI VIII IIII IN III I� IIII <br />* 000000 <br />—rt <br />r <br />CO <br />CA) <br />N <br />cn <br />CA) <br />al -1 <br />c>s► <br />Z <br />-4 rn <br />• <br />Co - r1 <br />r <br />FOR RECORDER'S USE ONLY <br />ASSIGNMENT OF RENTS <br />THIS ASSIGNMENT OF RENTS dated January 31, 2014, is made and executed between <br />EDWARD J STOLTENBERG and DEBORAH J STOLTENBERG; Husband and Wife (referred to <br />below as "Grantor ") and Five Points Bank, whose address is 2009 N. Diers Ave., Grand Island, <br />NE 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 />ATTACHED EXHIBIT "A" <br />The Property or its address is commonly known as TRACT OF LAND IN 23- 12 -11, NE. <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 />Ownership. Grantor is entitled to receive the Rents free and clear of all rights, loans, liens, encumbrances, and <br />claims except as disclosed to and accepted by Lender in writing. <br />Right to Assign. Grantor has the full right, power and authority to enter into this Assignment and to assign and <br />convey the Rents to Lender. <br />ry <br />zg o, 00 <br />