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<br /> '�d1rHEN REC�RaED �IlAIL T�:
<br /> First Nafivnal Bank of�maha
<br /> Grand Island Br�nch
<br /> 8'1 Q AIlen Dr
<br /> Grand�sland NE �88�3 F�R RE��RDER'S uSE ONLY
<br /> �` n��0'1�1'1?'453584805D8�015�`
<br /> I��SIGN i�iEfVT �F REN�`S
<br /> THIS ASSIGNII�[ENT �F RENTS dated 111Ia� 8, ��'i�, is made and exe�u�ed betUveen �1�linh Thu T
<br /> Hoang and Jenny Tran, whns� addr�ss is 3��3 �1Jiernph�� P[ace, Crand Isla�d, NE �88�3
<br /> �referred �o be[aw as "�ran��r"} and Firs� Na�aonai Bank af�maha, �nrhas� address �s $'�4 A�C�n
<br /> Dr, Grand Island, NE �8��� �referr�d to b�low as "L�nder�'�.
<br /> ASSIGh��EN1�. F�r�ra�uab[e c�nsider���Q�, �ra�tor hereby ass�gns, gran�s a �on�inuing security
<br /> Enterest in, and conr�eys t� L�nder all of �rar�t�r'� r'rgh�, tit[e, and in�er��� ir� and t� �he ff�ents
<br /> fram the f�[l�wi�tg d�scrib�d Praperty Ivca�ed in lHaii Cvunty, �tate of Nebraska�
<br /> Lat Six ��� in Block �ne Hundred Tv�ren�y-faur �'I�4}, in Union Pacific F�a�l►nray �vmpanygs
<br /> Second Addition �o the C�ty of Crand Is�ar�d, Ha�� �oun�y, Nebraska.
<br /> The Pr�p�r�y ar [ts addr��s is ��mman�y known as �'�� 11�1. �'th St,, Crand lsland, NE 688�'��
<br /> TH�S►45SlCNIV1ENT �S G1VEN Tn SECURE �'[} PAYIV�ENT�F THE INDEBTEDNESS AND ��} PERF�RIVIANCE aF ANY
<br /> AND ALL OBL[GAT[�NS �F GRANTOR LINDER TFIE N4TE, TH�S ASS[GN11JlENT, AND THE RELATED D�CUMENTS.
<br /> TH�S ASSICNMEN�"15 GfVEN AND ACGEPTE❑D[V THE F�LL�11V[NG TERIVIS:
<br /> PAYMENT AND PERF��iV�ANCE. Except as otherw3se pro�ided in�his Assignment ar any Related L7ocuments, Gran�or
<br /> shall pay to Lend�r afl amaunts secured by this 1a,ssignment as �hey becorx�e due, and shall strictly perfvrrr� all of
<br /> �rantor's ob�i�ations under this As�ignment. Llnless and un���Lender exer�ises its righ���coilect the Rents�s pra�ide�
<br /> be[ow and so lang as there is no defaul#under�his A�signmen�, Grantor may remain in pvsse�sion and cont�-o� of and
<br /> opera�e and manage the Properky and collec�the Rents,prvvided that the gran�ing��fhe right tv cQ�ie�t the Ren�s sha�l
<br /> nv�constitu�e Lenda�'s c�nsent to fhe use of cash cal[atera[in a bankruptcy proce�ding.
<br /> �RANTOR'S REPRESENTATI4N5 AND WARRANT�ES, Gran�ar war�ants�ha�:
<br /> awnership. GranfiQr is entit�ed ta r�cei�e the Ren�s free and clear af all rights, ioans, liens, encumbrances, and
<br /> claims excep�as disclosed to and accepted hy Lender in wri�ing.
<br /> Right ta Ass�gn. Grantor has the fuf[ right, pvwe�and authority�o en#er int�this I�sSi�nmenf and �o assign and
<br /> convey-�he Rents�a Lender,
<br /> No Privr A�signmen�. Gran�ar has not pre�iously assigned ar �onveyed the Ren�s t� any other person by any
<br /> ins�rument now in fvrce.
<br /> No Further Tra�sfer. Gran�a�-w�l� nc�fi seil,assign, encumher, or otherwise dispvse o�any o�Grantvr°s righ�s in�he
<br /> Rents excep�as prou�ded�n this Assignment.
<br /> LENDER'S R1GHT TD RECE�VE AND C�LLECT RENTS. Lende�sha[f ha�e the righ� at any time, and ever� though n❑
<br /> defauIf shafl ha�e occurred under this Assignmen�, �o�o[[ec�and recei�e�he R�nts. For fhis purpvse, Lender is hereby
<br /> gi�en and granted the�ollawing rights, p�wers and au�hority:
<br /> No#i�e to Tenants. Lender may send n�ti�es ta any and all �enan�s of the Prapetty ad�ising them a� this
<br /> Assignmen�and directing al�Rents to be pa�d direc�Iy�a Lender v�-Lender's agent.
<br /> En�er the P�oper�y. Lende�-may enter upon and take possession af the Property;demand, �vllec�and recei�e from
<br /> the tenants❑r from any Qther persons [iable therefvr, all of the Ren#s; institufe and carry on al� legal proceedings
<br /> necessary �For the pro#ecfian of fhe Pr�per�y, in��uding such proceedin�s as may �e necessary tc� r�co�er
<br /> possession af�he Prvper�y,��Ilect�he Ren�s and remo�e any fienant vr�enants o�ofiher persons frvm the Pr�perky.
<br /> �laintain the Proper�y. Lend�r rnay enter upon the Praperty�a maintain�h� Proper�y and k�ep the same in repair;
<br /> �o pay the�vsts thereof and a�a�l services o�al� emplay�es, inc�uding fheir equipment, and �f�l[ ��ntinuing cos�s
<br /> and expenses of r�ain�aining�he Prop�rty in prvper repair and�ondi�ion,and a[so�o pay a[1 taxes,a�ses�ments and
<br /> water ufiili�ies, and the premiums vn f re and o�he�-insurance effected by Lender on�he Property.
<br /> Campliance with Laws. Lender may do any and all things�a execu�e and comply wi'�h fhe [av�rs o��he State qf
<br /> Nebraska and afsa al� �ther laws, �ules, orders, vrdinances and requirements v# alf other go�ernmental agencies
<br /> a�rec�ing the Proper�y.
<br /> Lease�h� Property. Lender may rent or lease�he whole or any pa�k of the Property�v�such term or�erms and on
<br /> such conditians as Lender may deem appropria�e.
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