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WHEN RECORDED MAIL TO: <br />Five Points Bank <br />West Branch <br />2009 N. Diers Ave. <br />Grand Island, NE 68803 <br />11111111 <br />III <br />ri <br />17'71 Y. <br />r + <br />FIVE POINTS BANK <br />IuIIIIIInIIIIII 1111111111 IIII111 1111116 1111111111111111111111 11 111111 <br />*000000000101278468011509032014* <br />FOR RECORDER'S USE ONLY d <br />v <br />11111111111 <br />IIII III <br />- �J <br />CJ� 2> <br />ASSIGNMENT OF RENTS <br />THIS ASSIGNMENT OF RENTS dated September 3, 2014, is made and executed between DT <br />HOMES LLC (referred to below as "Grantor ") and Five Points Bank, whose address is 2009 N. <br />Diers Ave., Grand Island, NE 68803 (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 />Lot Eight (8), Block One Hundred Twenty -Two (122), Union Pacific Railroad Second <br />Addition to the City of Grand Island, Nebraska <br />The Property or its address is commonly known as 504 W 7TH ST, GRAND ISLAND, NE <br />68801. <br />'•■ FUTURE ADVANCES. In addition to the Note, this Assignment secures all future advances made by Lender to Borrower <br />'� whether or not the advances are made pursuant to a commitment. Specifically, without limitation, this Assignment <br />�O • secures, in addition to the amounts specified in the Note, all future amounts Lender in its discretion may loan to <br />Q 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 BORROWER AND GRANTOR UNDER THE NOTE, THIS ASSIGNMENT, AND THE RELATED <br />DOCUMENTS. THIS ASSIGNMENT IS GIVEN AND ACCEPTED ON THE FOLLOWING TERMS: <br />GRANTOR'S WAIVERS. Grantor waives all rights or defenses arising by reason of any "one action" or "anti- deficiency" <br />law, or any other law which may prevent Lender from bringing any action against Grantor, including a claim for <br />deficiency to the extent Lender is otherwise entitled to a claim for deficiency, before or after Lender's commencement <br />or completion of any foreclosure action, either judicially or by exercise of a power of sale. <br />BORROWER'S WAIVERS AND RESPONSIBILITIES. Lender need not tell Borrower about any action or inaction Lender <br />takes in connection with this Assignment. Borrower assumes the responsibility for being and keeping informed about <br />the Property. Borrower waives any defenses that may arise because of any action or inaction of Lender, including <br />