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<br /> � WHEN RECORDED MAIL TO: o o � � �
<br /> UMB Bank,n.a. � z
<br /> PO BOX 479226,DEPT#143 O
<br /> Kansas City,MO 64106
<br /> FOR RECORDER'S USE ONLY
<br /> ASSIGNMENT OF RENTS
<br /> THIS ASSIGNMENT OF RENTS dated January 27, 2014, is made and executed between
<br /> Bosselman Travel Centers, Inc., whose address is 3123 W. Stolley Park Rd., Suite A, Grand
<br /> Island, NE 68803 (referred to below as "Grantor") and UMB BANK, n.a., whose address is
<br /> 1010 GRAND BOULEVARD, KANSAS CITY, MO 64106(referred to below as "Lender").
<br /> ASSIGNMENT. For valuable consideration, Grantor hereby assigns, grants a continuing
<br /> security interest in, and conveys to Lender all of Grantor's right, title, and interest in and to
<br /> the Rents from the following described Property located in Hall County, State of Nebraska:
<br /> Lot 1, Bosselville Third Subdivision, a Subdivision in Hall County, Nebraska.
<br /> The Property or its address is commonly known as 3335 W Wood River Road, Grand Island,
<br /> NE 68803.
<br /> CROSS-COLLATERALIZATION. In addition to the Note, this Assignment secures all obligations, debts and liabilities, plus
<br /> interest thereon of Borrowers,or any one or more of them,to Lender,as well as all claims by Lender against Borrowers or any
<br /> one or more of them,whether now existing or hereafter arising,whether voluntary or otherwise,whether due or not due,direct
<br /> or indirect, determined or undetermined, absolute or contingent, liquidated or unliquidated, whether Grantor may be liable
<br /> individually or jointly with others,whether obligated as guarantor,surety,accommodation party or otherwise.
<br /> FUTURE ADVANCES. In addition to the Note,this Assignment secures all future advances made by Lender to Borrowers,or
<br /> any one or more of them,to Lender,as well as all claims by Lender against Borrowers or any one or more of them, whether
<br /> or not the advances are made pursuant to a commitment. Specifically,without limitation,this Assignment secures, in addition
<br /> to the amounts specified in the Note, all future amounts Lender in its discretion may loan to Borrowers,or any one or more of
<br /> them,individually or jointly with others,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 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 othervvise 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 Grantor's
<br /> obligations under this Assignment. Unless and until Lender exercises its right to collect the Rents as provided below and so
<br /> long as there is no default under this Assignment, Grantor may remain in possession and control of and operate and manage
<br /> the Property and collect the Rents, provided that the granting of the right to collect the Rents shall not constitute Lender's
<br /> consent to the use of cash collateral in a bankruptcy proceeding.
<br /> GRANTOR'S REPRESENTATIONS AND WARRANTIES. Grantor warrants that except for Permitted Liens:
<br /> Ownership. Grantor is entitled to receive the Rents free and clear of all rights, loans, liens, encumbrances, and claims
<br /> 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 convey
<br /> the Rents to Lender.
<br /> No Prior Assignment. Grantor has not previously assigned or conveyed the Rents to any other person by any
<br /> instrument now in force.
<br /> No Further Transfer. Grantor will not sell,assign,encumber,or otherwise dispose of any of GrantoPs rights in the Rents
<br /> except as provided in this Assignment.
<br /> LENDER'S RIGHT TO RECEIVE AND COLLECT RENTS. Lender shall have the right at any time subsequent to the
<br /> occurrence of an Event of Default having occurred under this Assignment,to collect and receive the Rents. For this purpose,
<br /> Lender is hereby given and granted the following rights,powers and authority:
<br /> Page 1 of 6
<br /> PLEASE RETURN DOCUMENT TO: Assignment of Rents
<br /> First An�can Tida �nwnnos Canp�r 2013-260
<br /> Naoonal Commercial Services
<br /> 911 Main, Suite 2500, Kansas City, MO 64105
<br /> Attenti -1Karen Keehler WA 4801796.1
<br /> FILE NO. ���7��a O�
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