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<br /> 11�H E N REC�R�]EI� MAIL T�:
<br /> First National Bank vf Dmaha
<br /> Branch#�7 D -Grand lsland 6ran�h
<br /> 8�� Allen Dr
<br /> -
<br /> �rand Island,_NE fi88�3 F�R REC�RDER'S USE QNLY
<br /> F[�St N�tl
<br /> �r��� ��n�
<br /> �`####� 58�8�8462D'l5�`
<br /> A�SiGNfI�ENT �F RENTS
<br /> THIS A�SI�NMENT �F RElVTS da�ed August �, z�'�5, is mad� and exe�uted befween J � �
<br /> Ren�a�s, L.L.G.s whase adc�o�ess is 1��'I �t. Paul Rd., �rand 1sCand, NE 688�'I; a Nebraska
<br /> Lirni�ed L�abi[ity C�mpany �ref�rred �v belo►►v as "Gr�n��r"} ar�d Firs� Na�ivnal �ank of �maha,
<br /> �uuhvse addr�s� i� 8�� A11en �]r, Grand �s�and, NE fi�$�3 �referred to below as �"ILender"'�.
<br /> ASSIGNMEiVT. For�aluable considera���n, Gran�vr h�reby ass�gns, gran�s a con�inu�ng �ecuri�y
<br /> interes� �n, and con�eys �� Lender �II of Gran�vr's rrght, t�tle, and interes� �n and �a �he �er��s
<br /> f�t�rn �he followir�g de�cr�bed PrQperty loca��d �n Ha�l �c�un�y, �tate �f Nebra�ka:
<br /> See Exhibit "A", wh�ch is a��ached �o th�s Assi�nment and made a pa� �f this �►ssignm�nt
<br /> as if ful[y �e�for�h herein,
<br /> The Proper�y or its address is comrnanly knawn as ��4-�6�� E 5u�her[and Str�et, �rand lsland,
<br /> NE �SBfl�.
<br /> GROSS�C�LLATERALCZATION. In additi�n to the Note, this Assignment secures al� ohiigatians, debts and fiahilities,
<br /> plus interest there�n, of either Crantor or Borrowe� �o Lender, ❑r any one vr more af them, as well as all ciaims by
<br /> Lend�r against Bor�-ower and Grantar or any one vr mor� of them,whether naw existing or hereafter arising,whether
<br /> related or unr�la�ed to the purpos� of�he Nate, whether �oluntary or otherwise, whether due or no# due, direGt or
<br /> indir��ct, determined or undetermined, absolute or contingent, liquida�ed or unliquidated, whether Borrawer�r �ran�or
<br /> may be liable individuaIly or joint�y with ❑thers, whether obliga�ed as guarantor, surety, accommodation par�y or
<br /> ❑�herwise, and whe�her reco�ery upon such amounts may be ❑r hereafter may becQme barred by any statute of
<br /> limitations, and whether �he abiigation to repay such amoun�s may be or herea�ter may become otherwise
<br /> unenfiorceable.
<br /> FUTl1RE ADVANCES. in addition to the Note,this Assignment secures a�l future ad�ances made by Lender to Borrower
<br /> ar �ranfor whether ❑r nat the ad�an�es are mad� pursuant t❑ a �ommi#menf. Speci�ically, withvut limitati�n, this
<br /> Assignment secures, in addition to the amoun�s spe�i�ied in the Note, all fu�ure amoun�� Lender in its discretion rnay
<br /> loan ta Borrower or Grantar,together with aIl in�erest thereon.
<br /> THIS A551GNMENT 15�IVEN T� SE�LJRE �1� PAYMENT❑F THE INDE6TEI3NESS AN1] �2} PERFaRMANGE OF ANY
<br /> AND ALL aBLIGATIDNS 4F BDRRD1111ER AN❑ GR►�NT�R L1N�ER THE NQTE,TH15 AS5[�NMENT,AND THE RELATE❑
<br /> f7�CUMENTS. THIS ASSIGNMENT�S GIVEN AND ACCEPTE��N THE F4LLDIMNG TERMS:
<br /> GRANTaR'S 111rA�VERS, Gran�or wai�es all rights❑r defenses ar�sing by reason of any"ane ac�ion"❑r"anti-d�fic�ency"
<br /> law, or any o�her law which may pre�en# L�nder �ram bringing any ac�ion agains� Grantor, including a ciairn for
<br /> defciency to the ex�en� Lender is a�herwise en�itled t❑ a claim fnr deficiency, before ar af�er L�nder's cammen�ement
<br /> or Gampletion af any fareclasure ac�ian,ei�h�r judicialfy or by exercise nf a p�wer❑f sale.
<br /> B�RR�Y�ER'S WAlVERS AND RESPDNS[B1L1TIE5. Lender need no�tell Barrower about any ac�ion or inac�ion Lender
<br /> '�akes in connection wi�h this Ass�gnment. 6orrvvver assumes th� responsibility for be�ng and keeping inforrned about
<br /> the Property. Borrawer waives any d�f�nses that may arise because �f any action ar inactian af L�nder, including
<br /> withou� �imitatifln any failure vf Lender to realize up�n the Prvperiy, ar any delay by Lender in realizing upan the
<br /> Praper�y, Borrower agrees t❑ rernain Gable under the IVo#e w�th Lender nn matter what a�tion Lender takeS or faifs ta
<br /> take und�r thi�Assignment.
<br /> RAYMENT AN❑ PERFaRMANCE. Excep�as athervvise pro�ided in this Ass�gnment or any Relaf�d Docurnen�s, Grantor
<br /> shai{ pay ta Lender ail amoun�s se�ured by this Assignment as they hec�me due, and sha�! stric�Iy perForm all ❑f
<br /> Grantar's obligations under this Assignment. Unless and un#i�Lender exercises its right f❑ collect the Ren�s as pro�ided
<br /> below and so lang as there is na defau�� under�his Assignmen�, Grantvr rnay rema�n in possess�on and c�n�ral of and
<br /> aperate and manage the Property and calle�t the Rents,prv�ided that�he gran#ing of th� right to �ollect th�Rents shall
<br /> not cans��tute Lender`s�onsen�to the use�f cash�aI�aterai in a bankruptcy p�oceedfng.
<br /> �RANTDF�'S�EPRESEiVTATIONS AND WA�tRANTIES, �ran�or warrants that:
<br />
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