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<br /> V1�HEN REC�RDED ��AIL TQ:
<br /> Firs�N��ional Bank c�f�maha
<br /> 22�3 2nd A�e
<br /> Kearnev,�E fi8847 FOF�_REGaR��R'S��E�NL�'
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<br /> .���������T ��� �:E�TS
<br /> THIS ASS�GN�EN�' �F RENTS ��ted February '��', ��'I 5, is made and ex��ut�d between �artir�
<br /> Ar�11anQ and �;�rg�ri�a A�-ellano, Husband ar�d �ife, as Jo�n� Tenan�s �referred ta belaw as �
<br /> '"Grantor"� and Fir�t �atianal �ank of �m�ha, r�rhose �ddress is 2223 �r�d A�e, FCearney, N�
<br /> �8847 �referr�d to bel�� as "tent�er"}a
<br /> �ASSIC�I���T. Far�alua�ie cansidera�ion, �rantor hereby assigns, grant� a c�vntinu�ng security
<br /> 'rnterest in, and can�eys ta L�nder all of G�an�or's righ�, t�t[e, and �n�eres� in and to the Rents
<br /> frnrn the f�Il�wEng described Pro�pe�y I�cated �n Hal! County, 5���e of��brask�a:
<br /> The ��st�rly ar�e Ha�f of Lo� Thr�e �� 'i!� af 3}, ���ck Sev�nty �7D} in the Drigina� To�n
<br /> now City af�rand lsland, Ha�l �ounty, Ne�raska.
<br /> Th� Prop�rfiy or i�s �ddress is common[y known as 4D7 E 3rd 5t, Gran� I��and, NE 68��'I.
<br /> The Property ta� identificat�vn numher �s �Q���5�99.
<br /> TH1S ASS[���ENT IS GIIIEIV T� SEGURE {'1� PAYMENT QF THE 1NDEgTEDNESS AN D 42} PERFQRIVIANCE �F AIV�ff
<br /> ANQ ALL OBL[GW,TI�NS C�F �RANT�R UNDER THE N�TE, THIS A5S1���€:ENT, AND THE RELATED #7��U�ENTS.
<br /> THis A55tGI���NT 15 GiVEN AIVD ACCEPTE❑4N THE F�LL�IN�NG TERfUIS:
<br /> PAY�IENT AN❑ PERF�R�.�4NGE, �xcept as otherwise prv�ided in this�ss�gnment or any Re�ated Dac�rmen�s, Gran�or
<br /> shal� pay to Lender all am�un�s secured by this Assignmen# as fih�y become du�, and shall strictly perForm all af
<br /> Gran�vr's�b�igatian�under th�s Assignment. Unless and until Lender exercises it�right to colle�t th�F�ents a�pro�ided
<br /> below and so long as�here is no default under thi�Assi�nment, ��-antor ma� remairr in possessiar� and con#ra[ af ar►d
<br /> operate and manage fihe Properky and cvliect#he �ents, pra�i�led that th��ranting of fhe ri�h�t�o cvl[ee�the Ren�s sh�f�
<br /> not c�n�ti�ute Lender's conser�t to th�e use of cash co(la�eral i�a bar�krupt�y praceeding.
<br /> GRAIVT(]R'S REPRESEiVTATE�NS AND WARRA�T�ES. Grantar warrants that:
<br /> �wn�rship. �rantor is enti�led ta recei�e the R�nts free and clear�f al[ righ�s, loans, liens, �ncumbran�e�, and
<br /> �laims except as disc�ose�ta and aecepted b�Lender in wri�ing.
<br /> Right�a►4ssig�. Grantvr has the�ull ri�ht, power and au'�hority to enter into this Ass�gnmen� a�nd ta assign �nd
<br /> convey th�e Rents ta L�nder.
<br /> �Va Prinr Assignmer�t. Gran�or has not pre�iously assigned �r� con�eyed the F�ent� t� any ather person by any
<br /> instrument n�w in for�e.
<br /> No Further Transfer. �rantor wil� no�seil,assign, encurnb�r,or otherwise di�pos�of any vf�rantar'�rights in the
<br /> Rents except as pro�ided in this Assignmen�.
<br /> LEN�ER'S RIGHT T� RECE�IiE AND CflLLECT RENTS. Lender shall ha�e the righ� a� any fime, and even thaugh n❑
<br /> de�'ault shall ha�e occurred under this Assignment, to co�lec#and rec�iWe the Rents. For#his purpose, Lender is here�y
<br /> given and granted the�vllowir�g righfis, p�wers and authority:
<br /> �otice to Ten�n�s. Lender may send n�tice� to any and alE tenants of th� Proper�y �dvising �hem of this
<br /> Assignm�ent and d�r�cting al( �ents ta be paid directly�o Lender or Lende�-'s agent.
<br /> Enfer#h� Pr�perty. L�nder irmay enter upon and take passession�f the Property;demand, �ollect and recei�e�rom
<br /> �he tenan�s or frvm an�r v#her persons liabie theref�r, all of�he Rents; instifut�and carry on all legal proceedin�s
<br /> n�cessary fior �he protection af fihe Prvperty, including such proce�dings as may be ne�essary to reca�er
<br /> pvssession�f�he Property;cvllect the Ren#s and remn�e any�enant or�enants or ather persons from�he Pr�perty.
<br /> lVlaintaira th� Proper�y. Lend�r may enter upon the P�oper�y ta maintain �he Prvpert�an�keep fhe same in repair;
<br /> ta pay the casfs thereof and of all services c�f all empl�yees, includir�g �heir equipmer�t, and ❑�all �ontinuing cc�sts
<br /> and�xpenses of maintain�ng#he Proper�y in proper repair and cvnditivn,and a�so to pay ali taxes,ass�ssments and
<br /> orva�er u�ilities,and�F�e premiums on�ire and vther insurance�ffected by Lend�r on th�Pr�perty.
<br /> Comp►1'rance with Laws. Lender may do any and all things ta execute and comp[y with the laws nf the 5tate o�
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