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��1 5��834 ASSN�NIVIEIVT �F RENTS Laan No: '��'��9�'�44 {�vr1�[n u�d} Page � ISLAND, NE G8$�'� ❑escript'ran of�he Premis�s: 1�3 V1l 3RD STREET,GRAND ISLAN�], NE Rental Amount: �r 1��.�� D�posit�mount: Lease Terms: RENT VIJILL BE $2,1 D�.00 PER M�NTH FDR A FIVE �5� YEAR TERIVI T� C�MMENCE�N SEPTEIUIBER �, 2D15 Recvrdir�g ❑�ta: THIS ASSIG�MENT l5 GIVEN TD SECURE ['I} PAYMENT �F THE INDEBTE�NESS a4N❑ [2� PERF�ft1VlAN�E ❑F ANY ANL7 ALL D�LIGATIONS �F B�RR�WER AND GRANTaR UNDER THE N�TE.THIS ASSIGNMENT, AND THE RELATED D�CUMENTS. THiS A5SIGNMENT IS G[VEN AiVD ACCEPTED�fV THE FOLL�INING TERMS: GRANTDR'S 11VA�VERS. �rantvr waives all rights ar defenses arising by reasan of any"an�action" or "anti-deficiency" law, or any other laW which may prev�nt Lender �rom �ringing any action against Grantor, in�luding a cEaim �or defi�iency t� the extent Lender is o�herwisc en�itled ta a claim fvr deficiency, befare �r after Lender's cornmencement �r c�mpleti�n of any forec[osure action,either judicia[ly vr by exercise of a pow�r af sale. 6�RRL3INER`S V►IAIVERS AND RESP�NSIBILITIES. Lender need not teli Borrower a�aut any action vr inac�ian Lender �kakes in �onnection wi�h this Assignm�nt. Borrower assumes the resp�nsibility fo� being and keeping informed about the Pr�perty. Borrawer waives any defenses that may arise hecause of any ac�ion or inactian af L�nder, in�iuding without iirnitati�n any failure of Lender to realize upon the Prape�ty, or any defay k�y Lende� in r�alizing upon the Pr�perty. B�rrvwer agrees t❑ remain liable under�he Note wi�h Lender n❑ matter what action Lend�r�ak�s �r fai[s to take und�r this Assignment. PAYiVIENT A�ID PERFC�RNiANCE. Excep#as otherwise pro�idec� in�h�s Assignment or any Related ❑o�uments, �rant�r shall pay to Lender a[I amoun�s se�ured by this Asstgnment as they became due, and shal[ strictly perf�rrn al� vf Grantor's ob�igations under this Assignment, llnless and unti! Lender�xercises�ts rEght to co{lect the �ients as pro�ided helow and sa fong as th�re is no default under this Assi�nment, Grant�r may r�main in poss�ssion and cantral of and vperate and manage the Property and collect the Ren�s, pra�ided that the granting of the right�o callecf�he Rents shall not canstitute L�nder's consent ta the use of cash co[lateral in a bankruptcy praceeding. GRANTDR'S REPRESENTATI�NS AND WARRAfVTIES. �rantor warrants that: DwnersM�p. Grantar is entitled to receiWe the Rents free and clear o�r a�l rights, laans, liens, �ncumbran�es, and cfaims except as dis�losed ta and ac�epte�f by Lender in writing. Right ta Assign. Grantor has the full righ�t, pov�r�r and authority to enter int� this Assignm�nt and ta assign and �an�ey the Rents t�Lend�r. No Privr Assignment, Gran�tar has nat previausly assEgn�d or con�eyed �he R�n�s to any ❑ther person by any ins�rum�nt n�w in force. No Further Transfer. Grantor will not se�l� c]551�i1� encumb�rr or ath�rwise dEspose of any❑f Gran�or's ric�h�s in the Rents ex�ept as provided in thEs Assignmen�. LENDEI�'S R�GHT TD RECEiVE AND C�LLECT FiENTS. Lender shafl have the right at any time, and e�en though no default shall ha�e o��urred under this Assignmen�,�C� coll��t and re�eive the Ren�t�. For�his purpase, Lender is hereby gi�en and gran�ed the fa[lowin� rights, powers and authority: Nofii�e �v Tenanfis, Lender may send n��ices to any and a!I �enants of the Praperty advising them of this Assignment and direc�ing all Ren�ks to be paid directly to Lender or Lender's agsnt. Enter the Pr4perty. Lende� may enter upon and take possessinn of the Property; demand, collect and recei�e �Fram the tenanfis ar frorn any other persons liable therefar, aEl �f the Rents; institute and carry an_a[I legal prQceedings n�Gessa�y f�r �he prot�ction of the Property, in�luding su�h proceedings as may be necessary tv r��o�er possession of the Property; callect the Rents and remove any t�nant ar��nan�ks ar ather persons frvm the Praperty. Niaintain#he Proper�y. Lender may�n�er upon the Property t❑ maintain the Property and keep the same in r�p�ir; tt� pay the �os�s thereof and af all services �f all emplayees, including their equipm�nt, and o�all continuing casts and expenses❑f maintaining the Prap�rty in proper r�pair and condition, and aiso to pay all taxes, ass�ssments and water utili�kies, and th�premiums on f�re and ather insurance effec�ed by Lencler on the Praperty. Compliancg with Laws, Lender may do any and all things to execu�te and ��mply with the laws o�the S�ate of Nebraska and also all o�her laws, rules, �rd�rs, ❑rdinances and requirements o� all other go�ernmenta� agenci�s a�fecting th�Pr�perty. Lease�he Prvperty. Lendsr may rent or lease the whole ar any part�f the Praper�ty�ar such�erm vr terms an�f�n such�onditivns as Lender may deem appropr�ate. Ernploy Agents. Lender rnay engags such ag�nt or agents as Lender may deem appropriate, ei�her in Lender's name or in Grantar's name,t�r�nt and manag�the Propert�, including the�olfec�ion and application af Rents. �ther Acts. L�nder may do all such o�her thing� and acts with respect to the Property as Lender may de�rn appropriate and may act exciusi�ely and solely in th� pla�e and stead o� Grant�r and ta ha�� a�l o�the powers of Gran�or far the purposes stated abave.