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WHEN RECORDED MAIL TO: <br />Five Points Bank <br />North Branch <br />2015 North Broadwell <br />Grand Island, NE 68803 <br />IIIIIIIIIIIII <br />m <br />m <br />C <br />z <br />I-1 C7 <br />Kt <br />lA <br />X _ <br />FIVE POINTS BANK <br />IIIII IIIII IIIII IIIII IIIII IIII IIIII IIIII IIIII IIIII VIII VIII VIII VIII IIII III I VIII VIII VIII VIII VIII VIII Inll VIII VIII IIIN VIII IIII IIII <br />* 000000000101288008011507292015* <br />FOR RECORDER'S USE ONLY <br />ASSIGNMENT OF RENTS <br />THIS ASSIGNMENT OF RENTS dated July 29, 2015, is made and executed between J & B <br />RENTALS LLC; A NEBRASKA LIMITED LIABILITY COMPANY (referred to below as "Grantor ") <br />and Five Points Bank, whose address is 2015 North Broadwell, Grand Island, NE 68803 <br />(referred to below as "Lender "). <br />ASSIGNMENT. For valuable consideration, Grantor hereby assigns, grants a continuing security <br />interest in, and conveys to Lender all of Grantor's right, title, and interest in and to the Rents <br />from the following described Property located in HALL County, State of Nebraska: <br />LOT FIVE (5), BLOCK TWENTY -NINE (29), IN RUSSEL WHEELER'S ADDITION TO THE CITY <br />OF GRAND ISLAND, NEBRASKA <br />The Property or its address is commonly known as 203 E 11TH STREET, GRAND ISLAND, NE. <br />CROSS - COLLATERALIZATION. In addition to the Note, this Assignment secures all obligations, debts and liabilities, <br />plus interest thereon, of either Grantor or Borrower to Lender, or any one or more of them, as well as all claims by <br />Lender against Borrower and Grantor or any one or more of them, whether now existing or hereafter arising, whether <br />related or unrelated to the purpose of the Note, whether voluntary or otherwise, whether due or not due, direct or <br />indirect, determined or undetermined, absolute or contingent, liquidated or unliquidated, whether Borrower or Grantor <br />may be liable individually or jointly with others, whether obligated as guarantor, surety, accommodation party or <br />otherwise, and whether recovery upon such amounts may be or hereafter may become barred by any statute of <br />limitations, and whether the obligation to repay such amounts may be or hereafter may become otherwise <br />unenforceable. <br />FUTURE ADVANCES. In addition to the Note, this Assignment secures all future advances made by Lender to Borrower <br />or Grantor whether or not the advances are made pursuant to a commitment. Specifically, without limitation, this <br />Assignment secures, in addition to the amounts specified in the Note, all future amounts Lender in its discretion may <br />loan to Borrower or Grantor, together with all interest thereon. <br />THIS ASSIGNMENT IS GIVEN TO SECURE (1) PAYMENT OF THE INDEBTEDNESS AND (2) PERFORMANCE OF ANY <br />