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201402729
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Last modified
5/9/2014 9:18:42 AM
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5/9/2014 9:18:41 AM
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201402729
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WHEN RECORDED MAIL TO: <br />Five Points Bank <br />Downtown Branch <br />518 N Eddy <br />Grand Island, NE 68801 <br />FIVE POINTS BANK <br />1111111111111) II F UIl�IllICIIIVO I I IIIIII INSIIIIIalIIIIINII II IIIIIVIII��IIIIIIIIIII <br />00 0000101275828011505062014" <br />w <br />_r: C> -•-4 <br />3 <br />=.1 _1rn <br />OD <br />FOR RECORDER'S USE ONLY <br />ASSIGNMENT OF RENTS <br />THIS ASSIGNMENT OF RENTS dated May 6, 2014, is made and executed between ADOLFO <br />FLORES, A SINGLE PERSON (referred to below as "Grantor ") and Five Points Bank, whose <br />address is 518 N Eddy , Grand Island, NE 68801 (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 />SOUTHERLY THIRTY -NINE AND SIXTY -FIVE ONE HUNDREDTHS (S 39.65) FEET OF LOT <br />FIVE (5) AND THE SOUTHERLY THIRTY -NINE AND SIXTY -FIVE ONE HUNDREDTHS (S <br />39.65) FEET OF THE ; WESTERLY FOUR (4) FEET OF LOT FOUR (4), ALL IN BLOCK <br />TWENTY -EIGHT (28) IN RUSSEL WHEELER'S ADDITION TO THE CITY OF GRAND ISLAND, <br />HALL COUNTY, NEBRASKA. <br />The Property or its address is commonly known as 1013 N PINE ST , GRAND ISLAND , NE <br />68801. <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 />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 />_Il <br />3? <br />Cfl <br />Z <br />N F <br />G,O <br />—4 <br />
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