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. � ��14���97
<br /> ASS�GNMENT �F RENTS .
<br /> Loan Na: 35��'I�997 �CorltErlued� Page 4
<br /> Assignment shall be binding upon and inure to th� benefit of the parties, their suc�essors and assigns. If
<br /> vwnership vf the Property becvmes �ested in a person oth�r than Grantor, Lender, without notice to Grantor, may
<br /> deai with Grantor's successors with reference to this Assignment and the Indehtedness by way af forbearance or
<br /> extension withvut releasing �rantor fram the vbligations of this Assignment or liability under the lndebtedness.
<br /> Time is of the Essence. Time is vf the essence in the performance of this Assignment. �
<br /> Wai�e Jury. Ail parties to this Assignment hereby wai�e �he right to any jury tria! in any action, proceeding, or
<br /> �ountercla�m Farvught by any party against any vther pa�ty.
<br /> Wai��r vf Hvmestead Exemptivn. Grantvr hereby releases and wai�es all rights and henefits of the homestead
<br /> exemptivn laws of the Stat�of Nebraska as to a!I Indebtedness secured by this Assignment.
<br /> Wai�er af Right vf R�demption. N�TWITHSTAN�ING ANY �F THE PRqV151DNS T� THE �QNTRARY
<br /> C�NTA�NED IN TH�S A551GNMENT, GRANTOR HEREBY WAIVES ANY AND ALL RIGHTS �F REDEMPTIQN FR�M
<br /> SALE IJNDER ANY �RDER �R JIJDGMENT QF FORECL�SURE �N GRANT4R'S BEHALF AND �N BEHALF �F
<br /> EACH ANfl EVERY PERS4N, ExCEPT JU�GMENT CREDITDRS �F GRANT�R, A�QIJIRING ANY iNTEREST IN �R
<br /> TITLE T�THE PR�PERTY SU6SEQUENT T�THE DATE QF THIS ASSIGNMENT.
<br /> DEFINITI�NS. The following capitafized words and terms shall ha�e the following meanings when used �n this
<br /> Assignment. Unless specifically stated tv the contrary, all references to dollar amvunts shall mean amounts in lawful
<br /> money af the United States of America. Wards and terms used in the singu�ar shall inc�ude thQ plural, and the plural
<br /> sha�� include the singular, as the cantext may require. Words and terms not atherwise defined in this Assignment sha11
<br /> ha�e the meanings attr�huted to such terms in the Llnifarm Commercial Code:
<br /> Assignment. The word "Assignment" means this ASSEGNMENT QF RENTS, as this ASSIGNMENT qF F�ENTS may -
<br /> be amended or modified �rom time to time, t�gether with all exhibits and schedules attached to this ASSIGNMENT
<br /> �F RENTS fro�r+time to time.
<br /> Borrower. Th�: word "Bor�ower" means Bu�hler Properties, LL�. �
<br /> �efault. The ward "Default" means the Default set forth in this Assignment in the section titled "Default".
<br /> E�ent of Default. Th� words "E��n� of Default" mean any�f the e�ents of default set forth �n this Assignment in
<br /> the default section of this Assignment.
<br /> Grantor. The ward "Grantor" means Buehler Properti�s, LLC.
<br /> . Guarantor. The word "Guarantor" means any guarantor, surety, or accommadation party of any or alf of the
<br /> Indebtedness.
<br /> Guaranty. The word "Guaranty" means the guaranty from Guarantor t� Lender, including without limitation a
<br /> guaranty vf a!I or part of the Note.
<br /> Indebtedness. The word "lndebtedness" means all principaf, interest, and oth�r amounts, costs and expenses
<br /> payable und�r the Nflte or Related ❑vcuments, together with all renewals of, extensions of, modi�ications of,
<br /> �onsolida�ions of and substitutivns for the N�te or Related Documents and any amounts expended or ad�anced by
<br /> Lender to dis�harge Grantor's obligativns or expenses incurred by Lender to enforce Gran�or's obligations under
<br /> this Assignment, together with interest.on such amaunts as pro�ided in this Assignment. Specif�cally, withvut
<br /> limitativn, Indehtedness includes the future ad�ances set forth in the Future Ad�ances pro�isi�n, together with ali
<br /> interest therevn and all amounts that may be indirectiy secured by the Cross-CollateralizatFon pro�isivn of th�s
<br /> Assignment.
<br /> Lender. The word "Lender" means American Na�iana� Bank, its successors and assigns.
<br /> Note. The wvrd "Nvte" means the promissory note dated September �9, 2014, Irl th� ori�inal principal
<br /> amount af �84'1.5��.�� fr�m Grantor to LendQr, tvgether with al� renewa[s of, extensions vf, mod'+fications
<br /> vf, refinancings of, consolidations af, and substitutions for the promissary note ar agreement.
<br /> Praperty. The ward "Property" means a�E of Grantvr's right, ti�1e and interest in and tv al1 th� Property as
<br /> described in the "Assignment" section of this Assignment.
<br /> Related Documents. The wards "Related Documents" mean a!I promissory notes, credit agreements, loan
<br /> agre�ments, en�irvnmental agreements, guaran�ies, s�curi�y agreements, mortgages, deeds of trust, security
<br /> deeds, collateral mortgages, and all ather instruments, agreements and documen#s, whether naw or hereafter
<br /> existing, ex��uted in cvnne�tivn with the lndebtedness.
<br />� Rents. The word "Rents" means a�! of Grantor's present and future rights, title and interest in, t❑ and under any
<br /> and all present and future leas�s, incfuding, without limitation, all rents, re�enue, in�ome, issues, royalties,
<br /> bonuses, accaunts recei�able, cash vr security deposits, ad�ance rentals, profits and proceeds from the Property,
<br /> and other payments and benefits deri�ed vr tv be deri�ed from such leases of e�ery kind and nature,�whether due
<br /> now or later, includEng without IFmitativn Grantor's right to enforce such feases and to recei�e and cvllect payment �
<br /> and proceeds thereunder. �
<br /> THE UNDERSIGNED ACKN�INLEDGES HAVING READ ALL THE PR�VIS��NS aF THIS ASSIGNMENT, AND NOT �
<br /> PERS�NALLY BUT AS AN AUTH�RIZEI] SIGNER. HAS CAUSED TH15 ASSiGNMENT T� 6E SIGNED AND E�ECUTED
<br /> �N BEHALF�F GRANTDR DN SEPTEIVISER 29, �4'14. �
<br /> �
<br /> GRANT�R:
<br /> BUEHLER PR�PERTIES. LLC .
<br /> gUEHLER DEVEL�PIIJIENT IRREVDCA�.�,TRUST, Memher vf Buehler Prvaerties.
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