rn
<br /> m � � �
<br /> rnm � y rn
<br /> o �� � �n �rn IV rn
<br /> �, �o rn � � o
<br /> o �z � a z� � �
<br /> � �� � � �z � �
<br /> � z� � � � —
<br /> c�' . �� o � �ornv Q° cn
<br /> � rn �� � �
<br /> rnm rn � _� � �
<br /> C� o y Cn W C
<br /> �o cn � �� �
<br /> �� � ��. rn
<br /> o� � � �
<br /> � � Z
<br /> � �
<br /> � �IHEN �E��RDED M�lL T�:
<br /> Equi�able Bank
<br /> Di�rs Avenue Bran�h
<br /> PD Box ��4
<br /> � Grand lsland, NE 688��-�,'16� _ , FOR.,REC�R�]EF�'S USE_�NLY
<br /> ASSI�NMENT �F �EN[T'�
<br /> YH�S A�S�GNMENT �F RE�VTS dated No��mber 3�, �a'I�, �s made and �xecuted �etw�en
<br /> R�DNEY .� D�EHL, v�rh�se address is ��47 �ND AVE, B��L�lS, NE 688�� �nd SUSAN C
<br /> C��EHL, whase address �s ��47 2ND AVE, BC]ELUS; NE �S�°��; HUSBAN�3 aND 1N�FE �refer�ed
<br /> to �ei��nr as r'Grantar=T} and Equit�bie Bank, �nihose add�ess �� �� Bvx �6�, Grand ���and, NE
<br /> �BSD�-�'1�� {�eferred to �elow as ='L�n�er"}.
<br /> A.SS�GNII�ENT. For v�[uab[e consideratian, �ran-�or hereby a�s�gns, grants a �oratinuing securit�
<br /> inter�st [n, and conveys �o Lender a[l of Grantor's righ�, titl�, and interest in and to fhe Rents
<br /> from the fa�iov►r"rng des�r�b�d Praper�y incated in H�LL Caunt�r, State of �ebraska:
<br /> Lat S, B[ock �r ll�indo��h's Addit�on ta the �ity vf Grand Ds�and, H�11 County, �V�braska,
<br /> and
<br /> All that part vf F��ct�an�� Lot �. B�ock �, H.G. Glarl�'s A�difion, Iying No�th �f a ��n� pa�a��e�
<br /> rr+r�th and 4�' f�et �do�th o# t�e Sauth L�ne af said Lot, �nd its camp��ment as Io�ated �n
<br /> F�ract�onal �lvck �9, RusseI '111�'nee�er`s AddEt�on, a�l in �the �i�y vf �rand �s�andr Ha�� �vunty,
<br /> Nebraska.
<br /> The �roperty or its ac�d�ess �s comr�anly knav�n as 7��2 VI� J�HN 5T & ��5 �11! '�DTH �T,
<br /> GF�AN[3 �SLANC�, NE �8841. The Pro�ert� t�x icientifucation number �s 4��"1398a4 &
<br /> 4-���3��47.
<br /> C�pSS-��LLATERAL�ZA�ft�N. in additian �❑ the No�e, �his Assignrnen� s�ecur�s a�� obfiga�ions, debts and liabilities,
<br /> plus in�erest�herean� of Grantor�� Lender, ar any one or rnore of them, as we�I as a�� claims by Lender against Grantor
<br /> a�r any one or more �f them, whe�her now e�is�ing or hereafter arising, whefiher related or unrelated to fihe purpose vf
<br /> the Note, whether voiuntary or otherwise, vvhether due or nat du�, direc� vr �ndirect, dete�rmined ar undetermined,
<br /> absafute or con�ingen�, �iquidated•ar unliquidated, wh��h�r Grantor may �e liable individuaiiy o� join�[y �nri�h o�thers,
<br /> whether obligated as guarantor� surety, ac�ommodation party or.a�her�nrise, and whe�her rec��ery upon such amoun�s
<br /> may be or nereafte�-may become barred by any statu�e of limi�a�ions; and v�rhether�he obfigation�o repay such amoun�s
<br /> may�e or hereafter may b�come vtherwise unenforceable.
<br /> FL�TURE ADVANCES. ln addition ta the Note, this Assignment s�cures al[ �utur� ad�ances made by Lender�a Gran�a�
<br /> rn�f�e�her �r no� �he ad�a�ces �re made pursuan� to � �omm�tmen�. 5�eci�ica��y, �rvithou� limita��on, �his Ass�gnm�nt
<br /> secures, in add�ti�n �o t�e a�ounts spe�i�ied in �the C�a�e� aII iu�u�e arno�n�s Lender in its discreti�n r�ay loan to
<br /> G�an�or,toge�he�v�eth a�� �nt�res��therean.
<br /> T[-�[S ,Ia����N111�ElIlT �S ���E�V T'� �ECUF�E ��� PAV�E�V-f �F�'�� I�V�EL�3T`El7�VES� A�V�7 ��� PE�iF�IR�If��4NGE �F e4NY
<br /> AaVD ALL C]BL1GA�'I�IVS �F GR�NT�R LJNDEI� T�-[E N�Y�, TH�S A�SlGN����f, AIVD THIE F�EL�T�1D D��Ut1![Et1�T�e
<br /> -fH[S ASStGIV�1liEN-f�S GtVEN AND ACCEPTE❑�N THE F�LL�Z11l1NG TERII�I�:
<br /> PAYMENT�4NQ PERFDRMAIVCE. Excep�as❑tha�wise p�o��ded in thi�Assignmen�or any l�elated Documents, Grantor
<br /> shall pay to Lender a[[ amvunts secured b� this Assignrr�ent as they hec�r�e due, and sha[[ str�c��y perform ai[ of
<br /> G�an�or`s o�iigations under this Assignment. Un[ess and unti! Lender exercises its right�o coi�ect the Rents as pro�ided
<br /> below and so iong as there is no default under this Ass�gnment� Grant�t- m�y remain in poss�ssion and con-�rol o� and
<br /> opera�e and manag�the Property and callect the Rents, pro�ided�ha��he granting of�he right�o cof[ect th� Rents shall
<br /> not cons�itute Lender's eonsen�to�he use of cash c�[[ateraE in a bankruptcy��-oce�ai�ng.
<br /> GiRA11�T�R'� I�EPRESE�IlTA�1�1VS AND WARRAII[T��S. Grantor virarrants th��:
<br /> �wnershi�. Gran�or is�entit�ed to receiue the Ren�s �ree �nd cle�r o� a�i righ�s; Ivans� ��ens, e�cumbrances, and
<br /> c[air�s ex�e��t as disc�osed�a and accepted hy Lend�r in wri�ting.
<br /> F��ght ta Assi�n. Grantor has the fu[[ right, pav►�er arad authori�y�o enter into this Assi�nrner+t and to asst�n and
<br /> con�ey the �en�s to Lend�r.
<br /> Na Prior Assignment. �ran�ar has nat pre�iously assigned or conve�ed the Rents to any other persan by any
<br /> instrument na�r in force.
<br /> No Fur�her Trans#er. Grantor wi[[ not se��, assign, encumberr or otherw�se dispose of any of Grantor's rights in the
<br /> Ren�s�xcept as provided in this Assignment.
<br /> LENaER'S R[GH�' Ta RECE�VE AND C�LLECT F�ENTS. Lende��shall have the righ� a� any �ime, and e�en �hvugh na
<br /> default shall have o�curred u.nder this Assignmen�, to colleCt and receiue the Rents. For�his purpose, Lender is hereby
<br /> given and granted�he follavuing rights, powers and autha�-�t�r.
<br /> Noti�e to ��ra�ntso Lende�- nnay send n�tices t� any and a�� tenants of -�he Property advising therr� af �his
<br /> : � �
<br />
|