|
��14��117
<br /> �►���C�N[VIENT �F �EN�`�
<br /> Loan No� ��1��151�Z ��onti�lu�d� P�ge 5
<br /> consen� by Lender in any instan�e shall not constitute continuing �ansent to subs�quent instances wh�re such
<br /> consent is requi�ed and in all cases su�h consent may be granted or withheld in�he sole discreti�n vf Lender.
<br /> Natices. Any notice required t� �e gi�en un�er this Assignment shall be given in wri�king, and shall �e ef�ecti�e
<br /> when actually deSi�ered, when actually rece��ed by tele�a�simile �unless otherwise required by law�, �rh�n
<br /> deposi�ed wi�h a natianally recogniz�d overnight courier, or, if mail�d, v�rhen depvsit�d in the United States mail, as
<br /> first G�ass, csrtified ar regist�r�d mail postage prepaid, directed to the addresses sh�wn near the beginning of this
<br /> Assi�nment. Any party may change its address far notices under this Assignment by gi�ing formal uvrifiten notice
<br /> �o the other parties, specifying tha� the purpose of �he n�tice is tv chan�e the party's address. Far notice
<br /> purpases, Grantor agrees to keep Lender infarmed at all tirnes �f Grantor's current address. LJnless otherwise
<br /> pro�i�ed ar required �y law, if there is more than one Grantor, any not�ce given by Lender ta any �ran�or is
<br /> deemed�to be nofiic�gi�en to all Grantars.
<br /> . Pawers of A�tarney. The Wariaus agencies and powers of attorney con�eyed on Lender under this Assignment are
<br /> granted for purposes tit security and may no� be re�oked by Grantor until such�ime as �he same are ren�unced by
<br /> Lender.
<br /> 5everability. Ifi a court of competent �urisdicfiion finds any prv�ision of this Assignment fio be ill�gal, invalid, �r
<br /> unenforceable as tn any cirGums�tance, that �indin� shalf n�� mak� the ❑ffending pr��risian illegal, in�alid, ar
<br /> unenfar�eable as tv any o�her circurnstance. If feasible, the offending proWision shall be considered madified so
<br /> tha� it becomes Eegalf va�id an� enfvrceable. I� th� of�ending pro�isian cannot be so modi�Fied, it shall be
<br /> considered delet�d �rom this Assignment. Un�ess o�herwise required by law, the illegality. invalidsty, ar
<br /> unenf�rceability �f any provision of this Assignment shall not affect th� legality, �alidity ar enfvrceability �f any
<br /> ather provisian of this Assi�nment.
<br /> Successars and Assigns, 5ub�ect�a an�limi�ations stated �n this Assi�nment on transfer of Grant�r's infierest, this
<br /> Assignment shall be binding up�n an� inure to th� benefit �f the parties, their successors and assigns. If
<br /> ❑wnership o�the Prop�rty becomes vested in a person other than Gran��r� Lender� with�ut no�tice�o Gran�or, may
<br /> deal with �rantor's successors with referenG� ta this Assignment and th� Indeb���n�ss by v►ray ofi farbearance or
<br /> extension withvut rel�asing Gran�or fram the obligations of this Assignment or liab�li�y under the Indebtedness. �
<br /> Time�s v��he Essence. Tim� is of the essen�e in�he per�Farrnance❑�this Assignmen�.
<br /> IJVaiv�r of Hvmestead Exempfionp Gran�tor here�y releases and wai�es all rights and benef�ts �f the homestead
<br /> exemption laws of�he S�ta�e a�f Nebraska as to all Indebte�ness se�ured by�his Ass�gnment. -
<br /> Waiver of Righfi of Redemp#i�n. N�TIIVITHSTANaING ANY �F THE PR�VISlONS T� THE C�NTRAl�Y
<br /> CDNTAINEQ IN THIS A551GNMENT, GRANT�R HEREBY WAIVES ANY AND ALL R1GHT5 �F REDEN1PTi�N FR�M
<br /> SALE UNDER ANY �RDER OR JIJa�MENT OF F�RECL45URE �N GRANT�R'S BEHALF AIVD DN gEHALF �F
<br /> EACH ANa EVERY PERS�N, ExCEPT JUDGMENT CREDITORS �F �RANT�R, ACQIJIRING ANY IfVTEREST 1N OR
<br /> TITLE T�THE PR�PERTY SUBSEQUENT T�THE DATE�F TH15 A551GIVMENT,
<br /> DEFfNITIDNS. The follvwing capitalized words and terms shall ha�e the following meanings when used in this
<br /> Assignment. Unless spe�i�fically stated fa �he cantrary, ail ref�:rences �o dolfar amvunts shall mean amounts in fawful
<br /> m�ney of the Uni�ed 5tates of America. 1111ards and terms us�d in the singular shall in�lude the pfural. and the pEural
<br /> shall include the singular, as th� cvnt�xt may require. 1111ords and terms nat atherwis� defined in this Assignmen�shall
<br /> ha�e the meanings attributed to such terms in the Uni�orm CQmmercEal �ode:
<br /> Assignment. Th� word "Assignment" m�ans this A55�GNMENT �F RENTS, as this ASSIGNMENT �F RENTS may
<br /> �e am�nd�d ar madified from time to time, togefher with a�l exhibits and sche�lules attached�to this ASSI�NMENT
<br /> �F RENTS from�tim�to�im�.
<br /> Borrower. The word "gorrower" means MAF�ILYN A LINDNER�B�MSE�K and LfN�NER FAMILY TRUST.
<br /> Default. The word "Default" means the �7efault set forth in this Ass�gnmen�in�h�sec�ion ti�led "Defauit".
<br /> Event of Default. The words "E�ent ofi ❑�fault" mean any af�he e�ents of default set�orth in �his Assignment in
<br /> the defaul�section of this Assi�nment.
<br /> Gran�or. The word "Grantar" means L[N[�NER FAMILY TRUST.
<br /> Guaran#y. The word "Guaran�y" means the guaran�y from guarant�r, �ndorser, surety, or a�commodation party��
<br /> L�nder, including withau�limitati�n a guaranty o�all �r part of�h� Nate.
<br /> Indebtedness. The word "Indehtedness" means all prEncipal, in�erest, and a�her amounts, costs and expenses
<br /> payable under �he Note ar Re1a�e� Documen�s, togeth�r wifih al� renewals of, extensians of, mfldifii�ations of,
<br /> consolidatiQns of and substifiutians for the Note or Related Do�uments and any amounts expended or advanced �y
<br /> Lender �o dis�harge �rantar's obligati�ns or expenses incurred by Lender to enforce Gran�or's abliga�ians und�r
<br /> �his Assignmen�, �ogether with interest on such amounts as proWided �n this Assignmen�. Spec�fically, withou�
<br /> �imitatian, Indelatedness includes the future ad�ances set �orth in �he Future Advances pro�ision a�f �h�s
<br /> Assignment, to�ether wi�th all in��rest therevn.
<br /> Lend�r. The word "Lender" m�ans Five Points Bank, its suc�essars and ass�gns,
<br /> �vote. The ward "Note" means the pr�missory no�a datecl Apr�l 1 1, 20�4, in the origin�[ principa� amount
<br />
|