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a ti 4 "5} -...'...., �r...�:..:. err . 4 7�,.. 0 0 01 2 fi ASSIGNMENT OF RENTS AND'AGREEMENT NOT TO SELL OR ENCUMBER REAL PROPERTY &� Trust �d radderation and EIS security for a loan made or purchased by Commercial National Bank °. N.,.- (hereinafter called""Lender") which loan was made for the improvement of real property described '' s below and is evidenced by a promissory note in favor of . Commercial National Bank & Trust Co. ,‘ • ,, datesi December 31 , 19 75 in the amotntt.of Three Thousand Nina H1ir r Seventy Four and 76/100 ,__Dollars ($ 3,974 76 ), , the undersigned:and each of them, (hereinafter called "Borrower") hereby covenant and agree with Lender as follows: 1. The real property referred to herein is located'in Grand island Hall Nebr. City/County of ,State of and is describedas follows: = Lot 12, Block 5, Cunningham St:.b. 2. Borrower,hereby assigns to Lender all moneys due or to become due to Borrower as rental or otherwise for or on accountof such real property, reserving unto Borrower the right to collect and retain any such moneys prior • to Borrower's default under the terms of the loan described above; , 3. Borrower will not create or permit any lien or any encumbrance (other than those presentlyexisting) to ! exist on said real property. and will not transfer. sell, assign or in any manner dispose of said real property'or, any interest;therein without the prior written consent of Lender; = 4. Lender is hereby authorized and permitted to cause this instrument to be recorded at such time and in such: places as Lender at its option may elect. ' 5. This agreement is expressly intended for the benefit and protection of Lender and all subsequent holders of , 4t the note described above.: Borrower warrants and represents that Borrower owns the above-described real property. j 6.This agreement shall remain in full force and effect until the loan described above shall have been paid in full or until twenty-one (21) years following the death of the last survivor of the undersigned, whichever first occurs • . - r /�7 December 31, 1975 'J1ctvArUrtE�: l .S�I� l�'��i-©-�`, Dated: SIGNATURE STATE OF Wim ss SS City/County of Nioi4 WITNESS On this ,a, day of D1 as et..., 4 . 19_7L • before me, the undersigned, a Notary Public in and for said/City/County and State, personally appeared 6 7'" l/'i w.tsn Space below for recorder's use only and Z4 b'.12 n...s_•- •VetOmSet.% , his wife known to me fig be the persons whose names are sub- scribed to the_within instrument and acknowledged to 1-- me that they have executed the same, as their own free act and deed. WITNESS ray hand and official seal. -+Frt Notary Public in and for said giotY ty and State s STEVE SCOTT GENERAL NOTARY .r Stare of Nebraska , My Commieston E maw 74414L'^ September 20,1977" t M.e.ag.p.m,n hinting Co.,1,11 S.Nth St..M4,n.opoli.,Mien.55404 Phn..,336.2121 • K L— . ..\ .