201504713 - Laserfiche WebLink

Browse

WHEN RECORDED MAIL TO: Five Points Bank West Branch 2009 N. Diers Ave. Grand Island, NE 68803 IIII 11101 111 111111 n n m 1 T* FIVE POINTS BANK IIII I IIII IIIII II I III IIII IIIII I1I11 I1111IIi 11111 11111111111111111111 111111111111101 " 00000000010128730301150709 111 II11I IIIII I1Il IIII FOR RECORDER'S USE ONLY ASSIGNMENT OF RENTS THIS ASSIGNMENT OF RENTS dated July 9, 2015, is made and executed between JON M MYERS and CHANDRA L MYERS; Husband and Wife, DARRELL D HINRICHS and MARLENE M HINRICHS; Husband and Wife (referred to below as "Grantor ") and Five Points Bank, whose address is 2009 N. Diers Ave., Grand Island, NE 68803 (referred to below as "Lender "). ASSIGNMENT. For valuable consideration, Grantor hereby assigns, grants a continuing security interest in, and conveys to Lender all of Grantor's right, title, and interest in and to the Rents from the following described Property located in HALL County, State of Nebraska: Condominium Unit No. 506, The Yancey, a Condominium, a condominium in accordance with the Declaration recorded on October 17, 1984, under Document No. 84 -05507 of County of Hall, State of Nebraska, records. The Property or its address is commonly known as 123 N LOCUST STREET, #506, GRAND ISLAND, NE 68803. CROSS- COLLATERALIZATION. In addition to the Note, this Assignment secures all obligations, debts and liabilities, plus interest thereon, of Grantor to Lender, or any one or more of them, as well as all claims by Lender against Grantor or any one or more of them, whether now existing or hereafter arising, whether related or unrelated to the purpose of the Note, whether voluntary or otherwise, whether due or not due, direct or indirect, determined or undetermined, absolute or contingent, liquidated or unliquidated, whether Grantor may be liable individually or jointly with others, whether obligated as guarantor, surety, accommodation party or otherwise, and whether recovery upon such amounts may be or hereafter may become barred by any statute of limitations, and whether the obligation to repay such amounts may be or hereafter may become otherwise unenforceable. THIS ASSIGNMENT IS GIVEN TO SECURE (1) PAYMENT OF THE INDEBTEDNESS AND (2) PERFORMANCE OF ANY AND ALL OBLIGATIONS OF GRANTOR UNDER THE NOTE, THIS ASSIGNMENT, AND THE RELATED DOCUMENTS. THIS ASSIGNMENT IS GIVEN AND ACCEPTED ON THE FOLLOWING TERMS: PAYMENT AND PERFORMANCE. Except as otherwise provided in this Assignment or any Related Documents, Grantor ry CD