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B ° m <br />— t', z <br />CS r) CI <br />co rt v <br />N rr <br />WHEN RECORDED MAIL TO: <br />Five Points Bank <br />Downtown Branch <br />518 N Eddy <br />Grand Island, NE 68801 <br />FIVE POINTS BANK <br />IIO1111111111IIIIIIgI111111nI1111111111111111IB1l III111I11IIIII II11111NIIIII <br />* 000000000101279401011509112014* <br />ASSIGNMENT OF RENTS <br />THIS ASSIGNMENT OF RENTS dated September 11, 2014, is made and executed between <br />BENITO ULLOA and ADRIANA LOPEZ, HUSBAND AND WIFE. (referred to below as "Grantor ") <br />and Five Points Bank, whose address is 518 N Eddy , Grand Island, NE 68801 (referred to <br />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 ONE (1), COTTAGE PLACE, AN ADDITION TO THE CITY OF GRAND ISLAND, HALL <br />COUNTY, NEBRASKA. <br />The Property or its address is commonly known as 708 N CLARK , 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 />secures, in addition to the amounts specified in the Note, all future amounts Lender in its discretion may loan to <br />Borrower, 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 />c> cn <br />3 s o -r <br />FOR RECORDER'S USE ONLY <br />0111111 <br />r rrt <br />c> <br />11 <br />N <br />1—► <br />CD <br />u 1 <br />CO <br />CT) <br />N <br />m <br />m <br />m <br />m <br />-4 <br />O <br />