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WHEN RECORDED MAIL TO:
<br />Five Points Bank
<br />South Branch
<br />3111 W. Stolley Pk. Rd.
<br />Grand Island, NE 68801
<br />m v,
<br />FIVE POINTS BANK
<br />IINNInII IIINI 11 1111111 NIIIInI11NII
<br />*0000000001012791040115*
<br />�J.
<br />FOR RECORDER'S USE ONLY
<br />ASSIGNMENT OF RENTS
<br />THIS ASSIGNMENT OF RENTS dated Q 5U1 1 , is made and executed between
<br />MICHAEL A KRAFT and LORI G KRAFT; HUSBA D AND WIFE (referred to below as "Grantor ")
<br />and Five Points Bank, whose address is 3111 W. Stolley Pk. Rd., Grand Island, NE 68801
<br />(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), SADDLE CLUB SUBDIVISION, GRAND ISLAND, HALL COUNTY,
<br />NEBRASKA;
<br />AND
<br />LOT ONE (1), SADDLE CLUB SUBDIVISION, GRAND ISLAND, HALL COUNTY, NEBRASKA;
<br />AND
<br />LOT ONE (1), DEERFIELD SUBDIVISION, GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />The Property or its address is commonly known as 3624 E BISMARK RD, 3619 PALOMINO PL
<br />& 4450 STUHR RD, GRAND ISLAND, NE 68801.
<br />CROSS COLLATERAL{ZATION. In addition to the Note, this Assignment secures all obligations, debts and liabilities,
<br />plus interest thereon, of either Grantor or Borrower to Lender, or any one or more of them, as well as all claims by
<br />Lender against Borrower and Grantor or any one or more of them, whether now existing or hereafter arising, whether
<br />related or unrelated to the purpose of the Note, whether voluntary or otherwise, whether due or not due, direct or
<br />indirect, determined or undetermined, absolute or contingent, liquidated or unliquidated, whether Borrower or Grantor
<br />may be liable individually or jointly with others, whether obligated as guarantor, surety, accommodation party or
<br />otherwise, and whether recovery upon such amounts may be or hereafter may become barred by any statute of
<br />limitations, and whether the obligation to repay such amounts may be or hereafter may become otherwise
<br />unenforceable.
<br />
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