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WHEN RECORDED MAIL TO: <br />Five Points Bank <br />South Branch <br />3111 W. Stoney Pk. Rd. <br />Grand Island. NE 68801 <br />FIVE POINTS BANK <br />11 III ql I 8 ' �� 11 1�N11 0 11 272 1 3 19 ,0 9 2 11 I 1I pD " 000000 <br />m <br />m <br />C <br />Z <br />n D <br />n N N <br />FOR RECORDER'S USE ONLY <br />INul <br />II <br />ASSIGNMENT OF RENTS <br />THIS ASSIGNMENT OF RENTS dated February 3, 2014, is made and executed between <br />MICHAEL M BORER and JOAN E BORER; Husband and Wife (referred to below as "Grantor ") <br />and Five Points Bank, whose address is 3111 W. Stolley Pk. Rd., 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 SEVEN (7), IN ROBERTS SUBDIVISION IN THE CITY OF GRAND ISLAND, HALL <br />COUNTY, NEBRASKA <br />The Property or its address is commonly known as 147 EAST ROBERTS, GRAND ISLAND, NE <br />68803. <br />CROSS - COLLATERALIZATION. In addition to the Note, this Assignment secures all obligations, debts and liabilities, <br />plus interest thereon, of Grantor to Lender, or any one or more of them, as well as all claims by Lender against Grantor <br />or any one or more of them, whether now existing or hereafter arising, whether related or unrelated to the purpose of <br />the Note, whether voluntary or otherwise, whether due or not due, direct or indirect, determined or undetermined, <br />absolute or contingent, liquidated or unliquidated, whether Grantor may be liable individually or jointly with others, <br />whether obligated as guarantor, surety, accommodation party or otherwise, and whether recovery upon such amounts <br />may be or hereafter may become barred by any statute of limitations, and whether the obligation to repay such amounts <br />may be or hereafter may become otherwise unenforceable. <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 />