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200002044
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<br />WHEN RECORDED MAIL TO
<br />U.S. Bank National Association
<br />424 West 3rd Street
<br />Grand Island, NE 68801
<br />SEND TAX NOTICES TO:
<br />AT'1T; NEWT0222
<br />17(X) F +R'i "I'emu,[J',I -RIXr
<br />WAIII NE 68102
<br />Alvin D. Kowalski, Jr., Patricia C. Kowalski and Randall L.
<br />Kowalski
<br />266 A Road
<br />Grand Island, NE 68801
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<br />SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY
<br />ASSIGNMENT OF RENTS
<br />FILED TO CORRECT LEGAL DESCRIPTION
<br />THIS ASSIGNMENT OF RENTS IS DATED FEBRUARY 29, 2000, between Alvin D. Kowalski, Jr., Patricia C.
<br />Kowalski and Randall L. Kowalski, Husband and wife and a single person respectively, whose address is 266
<br />A Road, Grand Island, NE 68801 (referred to below as "Grantor "); and U.S. Bank National Association, whose
<br />address is 424 West 3rd Street, Grand Island, NE 68801 (referred to below as "Lender ").
<br />ASSIGNMENT. For valuable consideration, Grantor assigns, grants a continuing security interest in, and
<br />conveys to Lender all of Grantor's right, title, and interest in and to the Rents from the following described
<br />Property located in Hall County, State of Nebraska:
<br />Parcel 1:
<br />A tract of land comprising part of the NW 1/4 NE 1/4 and a part of the NE 1/4 NE 1/4 of Section 12,
<br />Township 11 North, Range 9, West of the 6th P.M., Hall County, Nebraska, and more particularly
<br />described as follows:
<br />Beginning at a point on the North line of said NE 1/4 NE 1/4, said point being 91.97 feet East of the
<br />Northwest corner of said NE 1/4 NE 1/4; thence N 90 000'00" E (assumed bearing) along and upon the
<br />North line of said NE 1/4 NE 1/4 a distance of 40.33 feet; thence S 34 047'39" W a distance of 226.37
<br />feet to a point on the West line of said NE 1/4 NE 1/4, said point being 185.85 feet South of the
<br />Northwest corner of said NE 1/4 NE 1/4; thence S 00 058'47" E along and upon the West line of said NE
<br />1/4 NE 1/4, a distance of 1,127.24 feet to the Southwest corner of said NE 1/4 NE 1/4; thence Westerly
<br />along and upon the South line of said NW 1/4 NE 1/4, a distance of 1,311.2 feet more or less to the
<br />Southwest corner of said NW 1/4 NE 1/4; thence N 01 006'30" W along and upon the West line of said
<br />NW 1/4 NE 1/4, a distance of 606.64 feet more or less to a point that is 698.27 feet South of the
<br />Northwest corner of said NW 1/4; thence N 82 017'20" E a distance of 106.64 feet; thence N 64 020'59" E
<br />a distance of 595.17 feet; thence N 72 055'56" E a distance of 196.96 feet; thence N 62 001'59" E a
<br />distance of 173.37 feet; thence S 00 058'12" E a distance of 182.67 feet; thence N 85 010'23" E a
<br />distance of 262.16 feet; thence N 00 058'47" W a distance of 207.79 feet; thence N 31 039'43" E a
<br />distance of 281.84 feet to the point of beginning and containing 25.069 acres more or less.
<br />The Real Property or its address is commonly known as (farmland), Grand Island, NE 68801. The Real Property tax
<br />identification number is unknown.
<br />DEFINITIONS. The following words shall have the following meanings when used in this Assignment. Terms not otherwise defined in this
<br />Assignment shall have the meanings attributed to such terms in the Uniform Commercial Code. All references to dollar amounts shall mean amounts
<br />in lawful money of the United States of America.
<br />Assignment. The word "Assignment" means this Assignment of Rents between Grantor and Lender, and includes without limitation all
<br />assignments and security interest provisions relating to the Rents.
<br />Borrower. The word "Borrower" means Kowalski Bros. Partnership.
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<br />AT'1T; NEWT0222
<br />17(X) F +R'i "I'emu,[J',I -RIXr
<br />WAIII NE 68102
<br />Alvin D. Kowalski, Jr., Patricia C. Kowalski and Randall L.
<br />Kowalski
<br />266 A Road
<br />Grand Island, NE 68801
<br />T�
<br />O
<br />SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY
<br />ASSIGNMENT OF RENTS
<br />FILED TO CORRECT LEGAL DESCRIPTION
<br />THIS ASSIGNMENT OF RENTS IS DATED FEBRUARY 29, 2000, between Alvin D. Kowalski, Jr., Patricia C.
<br />Kowalski and Randall L. Kowalski, Husband and wife and a single person respectively, whose address is 266
<br />A Road, Grand Island, NE 68801 (referred to below as "Grantor "); and U.S. Bank National Association, whose
<br />address is 424 West 3rd Street, Grand Island, NE 68801 (referred to below as "Lender ").
<br />ASSIGNMENT. For valuable consideration, Grantor assigns, grants a continuing security interest in, and
<br />conveys to Lender all of Grantor's right, title, and interest in and to the Rents from the following described
<br />Property located in Hall County, State of Nebraska:
<br />Parcel 1:
<br />A tract of land comprising part of the NW 1/4 NE 1/4 and a part of the NE 1/4 NE 1/4 of Section 12,
<br />Township 11 North, Range 9, West of the 6th P.M., Hall County, Nebraska, and more particularly
<br />described as follows:
<br />Beginning at a point on the North line of said NE 1/4 NE 1/4, said point being 91.97 feet East of the
<br />Northwest corner of said NE 1/4 NE 1/4; thence N 90 000'00" E (assumed bearing) along and upon the
<br />North line of said NE 1/4 NE 1/4 a distance of 40.33 feet; thence S 34 047'39" W a distance of 226.37
<br />feet to a point on the West line of said NE 1/4 NE 1/4, said point being 185.85 feet South of the
<br />Northwest corner of said NE 1/4 NE 1/4; thence S 00 058'47" E along and upon the West line of said NE
<br />1/4 NE 1/4, a distance of 1,127.24 feet to the Southwest corner of said NE 1/4 NE 1/4; thence Westerly
<br />along and upon the South line of said NW 1/4 NE 1/4, a distance of 1,311.2 feet more or less to the
<br />Southwest corner of said NW 1/4 NE 1/4; thence N 01 006'30" W along and upon the West line of said
<br />NW 1/4 NE 1/4, a distance of 606.64 feet more or less to a point that is 698.27 feet South of the
<br />Northwest corner of said NW 1/4; thence N 82 017'20" E a distance of 106.64 feet; thence N 64 020'59" E
<br />a distance of 595.17 feet; thence N 72 055'56" E a distance of 196.96 feet; thence N 62 001'59" E a
<br />distance of 173.37 feet; thence S 00 058'12" E a distance of 182.67 feet; thence N 85 010'23" E a
<br />distance of 262.16 feet; thence N 00 058'47" W a distance of 207.79 feet; thence N 31 039'43" E a
<br />distance of 281.84 feet to the point of beginning and containing 25.069 acres more or less.
<br />The Real Property or its address is commonly known as (farmland), Grand Island, NE 68801. The Real Property tax
<br />identification number is unknown.
<br />DEFINITIONS. The following words shall have the following meanings when used in this Assignment. Terms not otherwise defined in this
<br />Assignment shall have the meanings attributed to such terms in the Uniform Commercial Code. All references to dollar amounts shall mean amounts
<br />in lawful money of the United States of America.
<br />Assignment. The word "Assignment" means this Assignment of Rents between Grantor and Lender, and includes without limitation all
<br />assignments and security interest provisions relating to the Rents.
<br />Borrower. The word "Borrower" means Kowalski Bros. Partnership.
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