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imemmus <br />—, <br />C) <br />Q <br />WHEN RECORDED, PLEASE RETURN TO: <br />Mortgage Loan Department <br />First National Bank of Omaha <br />Third Floor, First National Plaza <br />11404 West Dodge Road <br />Omaha, Nebraska 68154 <br />(b) <br />fIll <br />2„§ <br />z <br />V) <br />ASSIGNMENT OF RENTS AND LEASES <br />(Grand Island JV Construction) <br />THIS ASSIGNMENT OF RENTS AND LEASES (this "Assignment ") is made as of March <br />"I 3 1 , 2015, by GRAND ISLAND JOINT VENTURE, LLC, a Missouri limited liability <br />company ( "Borrower "), to and for the benefit of FIRST NATIONAL BANK OF OMAHA, a <br />national banking association ( "Lender "). <br />1. Assignment. In consideration of Lender's agreement to issue the Loan, as described <br />below, and for other valuable consideration, receipt and adequacy of which is <br />acknowledged by Borrower, Borrower grants and assigns to Lender: <br />(a) all of Borrower's right, title and interest in, to and under and with respect to any <br />and all existing leases, licenses and other agreements of any kind relating to the <br />use or occupancy of any of the property described in Exhibit A (the "Property"), <br />as such documents are described. in Exhibit B (collectively, "Existing Leases "); <br />and <br />all of Borrower's right, title and interest in, to and under and with respect to any <br />and all leases, licenses and other agreements of any kind relating to any use or <br />occupancy of all or any portion of the Property entered into after the date of this <br />Assignment (collectively, "Future Leases "); and <br />(c) all rents (or payments in lieu of rents), payments and liabilities at any time <br />payable under any and all of the Existing Leases or Future Leases, any and all <br />security deposits received or to be received by Borrower pursuant to any and all <br />