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��15�1��4 � r A551GNMENT �F RENTS Lvan No: '1�'1��59� �Contltlu�d} � Page 2 whether ❑r no� the ad�ances are made pursuant t❑ a �ommi�ment. Specifically, withvut limita�tian, this Assignment secures, in addi�ion �o �he amaunts specified in the No�e, all �uture amounfis Lender in its discretion may Ioan �o Grantor��ogether wi�h all interest thereon. THiS AS5IGNMENT IS G11lEN T� SECURE ("1� PAYMENT �F THE [NaEBTEDNE55 AND {2} PERF�R1VlANCE �F ANY AND ALL DBLIGAT�DNS OF GRANT�R UNDEFi THE N�TE� TH15 ASSIGN1VlENT, AND THE RELATEa D�CUMENTS. TH�S A551�N1VlENT 15 G1VEN AND ACCEPTE� �N THE F�LL��NING TERMS: PAYMENT AND PERF�RIVIANCE. Except as ❑therwise pra�ided in �his Assignmen�or any Related Dvcuments, Granfior � sha!! pay t� Lender a�l amounts secured by fihis Assignment as �hey become duef and sha�I strictly perf�rm all of Granfiar`s obliga�ions under�his Assignment. Unless and unti� Lender exerc�ses i�s righ�fio collect the Ren�s as pro�ided belaw and s❑ [ong as there is n❑ de�aul� under this Assignmenfi, Gran�ar may remain in passession and cant�a� o� and vperate and manage�he Praperty and collec�the Rents, proWided that fihe granting of�he righ�to callecfi the Rents shall not cans�i�u�e Lender's �onsent ta�he use v�cash co�la�erai in a bankrupt�y proceeding. GRANTDR'S REPRESENTATIDNS AND V1IARRANTIES. Grantvr warran�s�ha�: �wnership. Gran�or is entit[ed to receiWe �he Rents firee and clear a# all righ�s, laans, iiens, encumbrances, and claims excep�as disclosed�o and accepted hy Lender in v+rrifiin�. Right�kv Assign. Grantor has the full righ�, pawer and authori�y�a en�er into �his Assignmen� and �❑ assign and con�ey the Renfis to Lend�r. Na Priar Assignmen#. Granfior has no� pre�ivus�y assigned ar �onWeyed the Ren�s to any v�her person by any insfirument now in�o�ce. Nv Further Transfer. Grantvr wil� na�sell, ass€gn, encumber, ar otherwise dispose af any❑f Grantor's rights in�he Ren�s ex�ep�as pro�id�d in this Assignm�n�. LENDER'S RIGHT T� RECEIVE AN❑ CflLLECT RENTS. Lender shall ha�e fihe righ� at any time, and eWen �hough n❑ defaul�sha�� ha�e v�curred under this Assignmenfi, t❑ collect and �-ecei�e�he Rents. Fvr this purpose, Lender is herehy giWen and g�anted�he-�ol[�wing righ�s, powe�-s and au�hority: Noti�e to Tenants. Lend�r may send no�ices t❑ any and all tenants ❑f �he Prvper�y ad�ising them of this Assignm�nt and direc�king all Ren�s fio be paid direct�y fio Lender or Lender's agent. Enter�he Prvper�y. Lender may enter upon and take pvssession ❑��he Property; demand, cvflect and receiWe from �he tenants or f�-om any other persons [iable �herefivr, all o��khe Renfis; ins�i�ute and carry an all legai proceedings necessary ��r the pro�ec�ian ❑f �he Praper�ty, including such prn�eedings as may be necessary �o reco�er , possession❑�the Prvperty; c�llect�h� Rents and remo�e any tenant or�enan�s at�o�her persans fram the Property. Maintain the Property. Lender may enter upon the Praper�y�o maintain the Praper�y and keep the same in repair; �❑ pay the cvs�s thereof and ❑f a�i serW�ces of all �mployees, in�Iuding their equipment, and o�al� �ontinuing costs and expenses�f mainfiaining the Property€n proper repair and condition, and a�s�fio pay all�axes, assessmen�s and water utilities, and�he premiums vn fire and other insuranc�ef�ec�ed by Lender❑n�he Property. Compliance wi�h Lav►►s. Lender may d❑ any and a�I th�ngs �o execu�e and campfy with the laws o� fihe Sfia�e af Ne�raska and alsa all other iaws, ru�es, vrders, ordinances and requirements afi all o�her ga�ernmen�kai agencies a��ecting the Proper�y. Lease the Prvper�y. Lender may ren�or�ease the who�e or any part of�he Praperfiy for su�h term or terms and on � such Gonditfons as Lender may deem appropriate. � Employ Agents. Lender may engage such agent vr agents as.Lender may deem appropria�te, eEther in Lender's name ar in Gran�or's name,�a ren�and manage the Property, including the �allecti�n and applicatian vf Rents. � Dther Ac�s. Lender may da a�� such �the� things and acts with respec� t� �he Property as Lender may deem appropriate and may ac�k exclusi�efy and salely in �he plac� and s�ead v� Grantar and to ha�e all a�the powers ❑f Gran�or�or the purpases stated abov�. � Nv Requirement�o Ac#, Lend�r shall nvt be required �ko do any o��he foregoing acts or things, and �he fact that Lender shall ha�e pe��ormed ane vr more of�he foregaing acts or things shal� not require Lender�o d� any other speci�ic ac�a�r�hing. APPL1CATi�N �F RENTS. All costs and expensss incurred by Lender in connec�ion with �he Proper�y shall be �For Grantvr's accoun� and Lender may pay such cvsts and expenses from fihe Rents. Lender, in �ts sale discretian, sha�� determine the applicafiion ❑�f any and all Rents recei�ed l�y �t; hawe�er, any such Renfis receiWed by Lender which are nat applied �o such costs and expenses shal� be applied to.�he lndeb�edness. All expenditures made by Lender under this Assignment and not r�imbursed �Frvm the Ren�s shall become a par� of fihe Indebtedness se�ured by �his Assignment, and sha�I be payalale on demand,with interss�at the No�e rate�f�rom date of expend€ture until paid. FULL PERF�RMANCE. I� Grantar pays al� of the Indebtedness when due and o�herwise performs al� �he obligations impased upon Gran�ar under�h�s Assignment,the Note, and the Related ❑o�uments, Lender shall execu�e and deli�er to Gran�or a suitahfe satisfac�ion ❑�this Assignment and suitable s�atements ❑�termina�ion �f any finan�ing statemen�k on file e�idencing Lender's security Enteres-� in �he Ren�s and the Praperty. Any �erminatian �e� r-equired by iaw shall 1ae paid by Gran�or, i�permitted by appli�able law.