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WHEN RECORDED MAIL TO:
<br />First National Bank of Omaha
<br />2223 2nd Ave
<br />Kearney, NE 68848
<br />TRUSTOR:
<br />JB VIM GROU (�L.G. �•-•__
<br />a ilt gen, Member of JBWS Property Group, L.L.C.
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<br />MODIFICATION OF ASSIGNMENT OF RENTS
<br />THIS MODIFICATION OF ASSIGNMENT OF RENTS dated April 14, 2014, is made and
<br />executed between JBWS Property Groap, t'r7 urhose is 1007 W 2nd
<br />Avenue, Grand Island, NE 68801-5621; - braska Limit+ d Liability Company
<br />•■I ( "Trustor ") and First National Bank of Omaha successo by rnergpr to Platte Valley
<br />State Bank & Trust Co., whose address is 2223c1 Ave, Kearney, NE 68848
<br />( "Lender ").
<br />ASSIGNMENT OF RENTS. Lender and Trustor have entered into an Assignment of Rents dated October 22, 2013
<br />(the "Assignment of Rents ") which has been recorded in Hall County, State of Nebraska, as follows:
<br />Recorded on October 25, 2013 at Hall County Register of Deeds as Instrument No. 201308560.
<br />REAL PROPERTY DESCRIPTION. The Assignment of Rents covers the following described real property located
<br />in Hall County, State of Nebraska:
<br />A tract of land located in Fractional Lot One (1), in Fractional Block One Hundred Twenty (120), in Railroad
<br />Addition to the City of Grand Island, Hall County, Nebraska and its complement, to -wit: Fractional Lot One (1),
<br />in Fractional Block Twenty (20), in Arnold and Abbott' s Addition to the City of Grand Island, Hall County,
<br />Nebraska described as follows: Beginning at the Southwest corner of said lots; thence northeasterly a distance
<br />of 55.00 feet along the south line of said Lots; thence northwesterly deflecting 90° 00' 00" left, a distance of
<br />85.00 feet; thence westerly deflecting 45° 00' 00" left, a distance of 56.57 feet; thence southwesterly
<br />deflection 45° 00' 00 , left a distance of 15.00 feet to a point on the west line of said lots; thence southeasterly
<br />deflecting 90° 00' 00" left, a distance of 125.00 feet along the west line of said lots to the point of beginning
<br />AND
<br />Fractional Lot Two (2), in Fractional Block One Hundred Twenty (120), in Railroad Addition and its complement
<br />to wit: Fractional Lot Two (2), in Fractional Block Twenty (20), in Arnold and Abbot's Addition, both being
<br />additions to the City of Grand Island, Hall County, Nebraska EXCEPTING a tract more particularly described in
<br />Warranty Deed recorded as Document No. 200607314
<br />FOR RECORDER'S USE ONLY
<br />The Real Property or its address is commonly known as 1007 W 2nd Street, Grand Island NE 68801 -5821.
<br />MODIFICATION. Lender and Trustor hereby modify the Assignment of Rents aw#oiltlwsa =. `.
<br />Correction on Legal description.
<br />CONTINUING VALIDITY. Except as expressly modified above, the terms of the original Assignment ofFtents shall
<br />remain unchanged and in full force and effect. Consent by Lender to this Modification does not waive Lender's right
<br />to require strict performance of the Assignment of Rents as changed above nor obligate Lender to make any future
<br />modifications. Nothing in this Modification shall constitute a satisfaction of the promissory note or other credit
<br />agreement secured by the Assignment of Rents (the "Note "). It is the intention of Lender to retain as liable all
<br />parties to the Assignment of Rents and all parties, makers and endorsers to the Note, including accommodation
<br />parties, unless a party is expressly released by Lender in writing. Any maker or endorser, including accommodation
<br />makers, shall not be released by virtue of this Modification. If any person who signed the original Assignment of
<br />Rents does not sign this Modification, then all persons signing below acknowledge that this Modification is given
<br />conditionally, based on the representation to Lender that the non - signing person consents to the changes and
<br />provisions of this Modification or otherwise will not be released by it. This waiver applies not only to any initial
<br />extension or modification, but also to all such subsequent actions.
<br />TRUSTOR ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS MODIFICATION OF
<br />ASSIGNMENT OF RENTS AND TRUSTOR AGREES TO ITS TERMS. THIS MODIFICATION OF ASSIGNMENT
<br />OF RENTS IS DATED APRIL 14, 2014.
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