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20150192
<br />ASSIGNMENT OF RENTS
<br />Loan No: 18248 (Continued) Page 3
<br />be amended or modified from time to time, together with all exhibits and schedules attached to this ASSIGNMENT
<br />OF RENTS from time to time.
<br />Borrower. The word "Borrower" means WATER'S VIEW INC, BRADLEY L VONTZ and PATRICIA S VONTZ.
<br />Event of Default. The words "Event of Default" mean any of the events of default set forth in this Assignment in
<br />the default section of this Assignment.
<br />Grantor. The word "Grantor" means WATER'S VIEW INC.
<br />Indebtedness. The word "Indebtedness" means all principal, interest, and other amounts, costs and expenses
<br />payable under the Note or Related Documents, together with all renewals of, extensions of, modifications of,
<br />consolidations of and substitutions for the Note or Related Documents and any amounts expended or advanced by
<br />Lender to discharge Grantor's obligations or expenses incurred by Lender to enforce Grantor's obligations under
<br />this Assignment, together with interest on such amounts as provided in this Assignment. Specifically, without
<br />limitation, Indebtedness includes the future advances set forth in the Future Advances provision, together with all
<br />interest thereon and all amounts that may be indirectly secured by the Cross - Collateralization provision of this
<br />Assignment.
<br />Lender. The word "Lender" means FIVE POINTS BANK OF HASTINGS , its successors and assigns.
<br />Note. The word "Note" means the promissory note dated March 26, 2015, in the original principal amount
<br />of $995,000.00 from Borrower to Lender, together with all renewals of, extensions of, modifications of,
<br />refinancings of, consolidations of, and substitutions for the promissory note or agreement.
<br />Property. The word "Property" means all of Grantor's right, title and interest in and to all the Property as
<br />described in the "Assignment" section of this Assignment.
<br />Related Documents. The words "Related Documents" mean all promissory notes, credit agreements, loan
<br />agreements, environmental agreements, guaranties, security agreements, mortgages, deeds of trust, security
<br />deeds, collateral mortgages, and all other instruments, agreements and documents, whether now or hereafter
<br />existing, executed in connection with the Indebtedness.
<br />Rents. The word "Rents" means all of Grantor's present and future rights, title and interest in, to and under any
<br />and all present and future leases, including, without limitation, all rents, revenue, income, issues, royalties,
<br />bonuses, accounts receivable, cash or security deposits, advance rentals, profits and proceeds from the Property,
<br />and other payments and benefits derived or to be derived from such leases of every kind and nature, whether due
<br />now or later, including without limitation Grantor's right to enforce such leases and to receive and collect payment
<br />and proceeds thereunder.
<br />THE UNDERSIGNED ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS ASSIGNMENT, AND NOT
<br />PERSONALLY BUT AS AN AUTHORIZED SIGNER, HAS CAUSED THIS ASSIGNMENT TO BE SIGNED AND EXECUTED
<br />ON BEHALF OF GRANTOR ON MARCH 26, 2015.
<br />GRANTOR:
<br />WATER' , VIEW INC
<br />e.. .ar All WA.
<br />= ' A L VO 'F , ice - resident/Treasurer of WATER'S VIEW INC
<br />Gt At;r�ra V\
<br />PATRICIA S VONTZ, Secretor y e WATER'S VIEW INC
<br />STATE OF A "' S o
<br />COUNTY OF AIMS'
<br />I i/' N
<br />l'e
<br />ti fENERAL NOTARY - State of Nebraska
<br />GEORGE WILLIAM HOWARD
<br />My Comm. Exp. April 21, 2016
<br />CORPORATE ACKNOWLEDGMENT
<br />)
<br />SS
<br />On this «='M day of / , 20 /S , before me, the undersigned
<br />Notary Public, personally appeared BRADLEY L VONTZ, Vice President/Treasurer of WATER'S VIEW INC and PATRICIA
<br />S VONTZ, Secretary of WATER'S VIEW INC, and known to me to be authorized agents of the corporation that executed
<br />the ASSIGNMENT OF RENTS and acknowledged the Assignment to be the free and voluntary act and deed of the
<br />corporation, by authority of its Bylaws or by resolution of its board of directors, for the uses and purposes therein
<br />mentioned, and on oath stated that they are authorized to execute t;s Assignment and i fact executed the
<br />Assignment on behalf of the corporation.
<br />B
<br />Printed Name: ' mac
<br />Notary Public in and for the State of s
<br />Residing at M1 '7' / 9Q/
<br />1 1 - 2/ — I
<br />My commission expires
<br />LaserPro, Ver. 15.1.0.023 Copr. D +H USA Corporation 1997, 2015. All Rights Reserved. - NE L: \CFI \LPL \G14.FC
<br />TR -17178 PR -13
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