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0 el i <br />-i <br />,. = <br />cD <br />M1 <br />a <br />11111111111111 <br />1111111 <br />r <br />FIVE POINTS BANK <br />IIIIIIIIIIIIIIIIIII IIII <br />IIIIIIIIIIIIIIIIIIU IIIIIIIIIIIIIIIIIIIIIIIIIII <br />* 000000000101280976011511192014* <br />m <br />rn ry <br />73 O <br />rn ,�.. <br />0 <br />>. <br />/ z <br />- W <br />73 <br />1D <br />rn <br />--1 <br />0 <br />C_ <br />FOR RECORDER'S USE ONLY L/0. 00 <br />ASSIGNMENT OF RENTS <br />THIS ASSIGNMENT OF RENTS dated November 19, 2014, is made and executed between R. <br />D. ROBERTSON, A SINGLE PERSON (referred to below as "Grantor ") and Five Points Bank, <br />whose address is 2015 North Broadwell, Grand Island, NE 68803 (referred to below as <br />"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 FOUR (4), BLOCK ONE HUNDRED FORTY TWO (142), UNION PACIFIC RAILWAY CO'S <br />SECOND ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA <br />The Property or its address is commonly known as 923 N. KIMBALL ST., GRAND ISLAND, NE <br />68801. <br />CROSS - COLLATERALIZATION. In addition to the Note, this Assignment secures all obligations, debts and liabilities, <br />plus interest thereon, of Grantor to Lender, or any one or more of them, as well as all claims by Lender against Grantor <br />or any one or more of them, whether now existing or hereafter arising, whether related or unrelated to the purpose of <br />the Note, whether voluntary or otherwise, whether due or not due, direct or indirect, determined or undetermined, <br />absolute or contingent, liquidated or unliquidated, whether Grantor may be liable individually or jointly with others, <br />whether obligated as guarantor, surety, accommodation party or otherwise, and whether recovery upon such amounts <br />may be or hereafter may become barred by any statute of limitations, and whether the obligation to repay such amounts <br />may be or hereafter may become otherwise unenforceable. <br />FUTURE ADVANCES. In addition to the Note, this Assignment secures all future advances made by Lender to Grantor <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 />Grantor, 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 GRANTOR UNDER THE NOTE, THIS ASSIGNMENT, AND THE RELATED DOCUMENTS. <br />THIS ASSIGNMENT IS GIVEN AND ACCEPTED ON THE FOLLOWING TERMS: <br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Assignment or any Related Documents, Grantor <br />shall pay to Lender all amounts secured by this Assignment as they become due, and shall strictly perform all of <br />Grantor's obligations under this Assignment. Unless and until Lender exercises its right to collect the Rents as provided <br />below and so long as there is no default under this Assignment, Grantor may remain in possession and control of and <br />