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<br /> WHEN RECORDED MAIL TO:
<br /> Five Points Bank
<br /> South Branch �
<br /> 3111 W.Stolley Pk. Rd.
<br /> Grand Island. NE 68801 " � FOR RECORDER'S USE ONLY
<br /> FIVE POINTS BANK
<br /> II II II II II ll ll ll ll ll l l ll l l l l lll l l l l ll ll ll l ll ll l ll l l l ll l l l ll l l l l ll � �
<br /> *000000000101278618011508182014*
<br /> ASSIGNMENT OF RENTS
<br /> THIS ASSIGNMENT OF RENTS dated August 18, 2014, is made and executed between L & P
<br /> INVESTMENTS, L.L.C.; A NEBRASKA LIMITED LIABILITY COMPANY (referred to below as
<br /> "Grantor") and Five Points Bank, whose address is 3111 W. Stolley Pk. Rd., Grand Island, NE
<br /> 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 /> LOTS ONE (1), TWO (2), THREE (3) AND FOUR (4), ELDER SECOND SUBDIVISION, IN THE.
<br /> CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br /> The Property or its address is commonly known as 4350 WEST HWY 30, GRAND ISLAND, NE
<br /> 68803.
<br /> CROSS-COLLATERALIZATION. In addition to the Note, this Assignment secures all obligations, debts and liabilities,
<br /> plus interest thereon, of Grantor to Lender, or any one or more of them, as well as all claims by Lender against Grantor
<br /> or any one or more of them, whether now existing or hereafter arising, whether related or unrelated to the purpose of
<br /> the Note, whether voluntary or otherwise, whether due or not due, direct or indirect, determined or undetermined,
<br /> absolute or contingent, liquidated or unliquidated, whether Grantor may be liable individually or jointly with others,
<br /> whether obligated as guarantor, surety, accommodation party or otherwise, and whether recovery upon such amounts
<br /> may be or hereafter may become barred by any statute of limitations, and whether the obligation to repay such amounts
<br /> may be or hereafter may become otherwise unenforceable.
<br /> FUTURE ADVANCES. In addition to the Note, this Assignment secures all future advances made by Lende�to Grantor
<br /> whether or not the advances are made putsuant 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
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