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201506618
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9/25/2015 4:34:53 PM
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9/25/2015 4:34:53 PM
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201506618
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WHEN RECORDED MAIL TO: <br />Five Points Bank <br />South Branch <br />3111 W. Sto lley Pk. Rd. <br />Grand Island, NE 68801 <br />11111111 <br />1111 <br />011111 <br />r <br />z <br />t <br />yi o w , ft <br />FIVE POINTS BANK <br />Iull�l 1IIIIIlIlIl11111111IIlllIlIII0I1IIllII1111I1N11 0IIIIIII1111IIlI0 II1Ill0Il�lI Il 11t <br />* 0000000001 01289592011509252015* <br />9 <br />FOR RECORDER'S USE ONLY <br />ASSIGNMENT OF RENTS <br />THIS ASSIGNMENT OF RENTS dated September 25, 2015, is made and executed between <br />Four Millers, LLC; A Nebraska Limited Liability Company (referred to below as "Grantor ") and <br />Five Points Bank, whose address is 3111 W. Stolley Pk. Rd., Grand Island, NE 68801 (referred <br />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 Ten (10), Coach Place Subdivision, in the city of Grand Island, Hall County, Nebraska. <br />The Property or its address is commonly known as 2215 Stagecoach Rd, Grand Island , NE <br />68801. <br />CROSS - COLLATERALIZATION. In addition to the Note, this Assignment secures all obligations, debts and liabilities, <br />plus interest thereon, of Grantor to Lender, or any one or more of them, as well as all claims by Lender against Grantor <br />or any one or more of them, whether now existing or hereafter arising, whether related or unrelated to the purpose of <br />the Note, whether voluntary or otherwise, whether due or not due, direct or indirect, determined or undetermined, <br />absolute or contingent, liquidated or unliquidated, whether Grantor may be liable individually or jointly with others, <br />whether obligated as guarantor, surety, accommodation party or otherwise, and whether recovery upon such amounts <br />may be or hereafter may become barred by any statute of limitations, and whether the obligation to repay such amounts <br />may be or hereafter may become otherwise unenforceable. <br />THIS ASSIGNMENT IS GIVEN TO SECURE (1) PAYMENT OF THE INDEBTEDNESS AND (2) PERFORMANCE OF ANY <br />AND ALL OBLIGATIONS OF GRANTOR UNDER THE NOTE, THIS ASSIGNMENT, AND THE RELATED DOCUMENTS. <br />THIS ASSIGNMENT IS GIVEN AND ACCEPTED ON THE FOLLOWING TERMS: <br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Assignment or any Related Documents, Grantor <br />shall pay to Lender all amounts secured by this Assignment as they become due, and shall strictly perform all of <br />Grantor's obligations under this Assignment. Unless and until Lender exercises its right to collect the Rents as provided <br />
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