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201505186
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Last modified
7/31/2015 12:10:45 PM
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7/31/2015 12:10:44 PM
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201505186
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WHEN RECORDED MAIL TO: <br />Five Points Bank <br />West Branch <br />2009 N. Diers Ave. <br />Grand Island, NE 68803 <br />IIIIIIIII <br />FIVE POINTS BANK <br />IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII IIIIIIIIIIIIII VIIIVIII IIIIIIIIVIIIIIIIIIIIVIIIVIIIVIIII IIII IIIIVIIIIIItIIII <br />" 000000000101287726011507292015" <br />IIIIIIIIIIIIIIIII <br />FOR RECORDER'S USE ONLY <br />ASSIGNMENT OF RENTS <br />THIS ASSIGNMENT OF RENTS dated July 29, 2015, is made and executed between BOB <br />STAHLA MOBILE HOME SERVICE INC (referred to below as "Grantor ") and Five Points Bank, <br />whose address is 2009 N. Diers Ave., Grand Island, NE 68803 (referred to below as <br />"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 THIRTY (30) OF BLOCK ONE (1), DALE ROUSH SECOND SUBDIVISION, HALL <br />COUNTY, NEBRASKA <br />The Property or its address is commonly known as 07 NAVAJO, GRAND ISLAND, NE 68803. <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 />
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