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N- 49 mcn <br />n na <br />-1>b m D <br />W nun <br />CT1 <br />WHEN RECORDED MAIL TO: <br />Five Points Bank <br />West Branch <br />2009 N. Diers Ave. <br />Grand Island, NE 68803 <br />11111 <br />1111111 <br />FIVE POINTS BANK <br />JIIJJJ l IIIUNIIIIIIIIIIII�IIIIIIIIIIIIlIIIIIIIIIIIIIII 111111011111111 I IIIII0II�IIIIIIIIII <br />" 000000000101275594011506052014" <br />FOR RECORDER'S USE ONLY <br />1111 <br />ASSIGNMENT OF RENTS <br />THIS ASSIGNMENT OF RENTS dated June 5, 2014, is made and executed between BRYAN <br />FREW and ERYN FREW; Husband and Wife (referred to below as "Grantor ") and Five Points <br />Bank, whose address is 2009 N. Diers Ave., Grand Island, NE 68803 (referred to below as <br />"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 Eighteen (18), Block Four (4), Ashton Place, an Addition to the City of Grand Island, <br />Hall County, Nebraska <br />The Property or its address is commonly known as 2304 W CHARLES ST, GRAND ISLAND, NE <br />68803. <br />REVOLVING LINE OF CREDIT. This Assignment secures the Indebtedness including, without limitation, a revolving line <br />of credit, which obligates Lender to make advances to Grantor so long as Grantor complies with all the terms of the <br />Credit Agreement. Such advances may be made, repaid, and remade from time to time, subject to the limitation that <br />the total outstanding balance owing at any one time, not including finance charges on such balance at a fixed or <br />variable rate or sum as provided in the Credit Agreement, any temporary overages, other charges, and any amounts <br />expended or advanced as provided in either the Indebtedness paragraph or this paragraph, shall not exceed the Credit <br />Limit as provided in the Credit Agreement. It is the intention of Grantor and Lender that this Assignment secures the <br />balance outstanding under the Credit Agreement from time to time from zero up to the Credit Limit as provided in the <br />Credit Agreement and any intermediate balance. <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 />rn <br />o m <br />F-4 rn <br />_.0 <br />Ca C am /) <br />Cn <br />cn <br />-- I <br />cJ, <br />rrt <br />© : <br />• <br />3y °° <br />