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2� 15�8172
<br /> ASSIClV111�E�T �F RE1VT�
<br /> .
<br /> Laan No: g'��095�3 ���t7t�nu� ��ge �
<br /> deemed�o be no�i�e gi�en to al[Gran�ors.
<br /> Pvwers v�F Attorney. The�arious ag.encies and powers o�attorney con�eyed on Lender under�his Assignment are
<br /> granted fo� purposes o�security and may not be re�oked by G�antor until such time as the same are r�nounced by
<br /> Lender.
<br /> 5er►erabili#y. lf a court o�f competent jurisd��tion f�nds any provision of this Assignmen� to be i[[egal, in�alid, flr
<br /> un�n-�orceable as tp any person vr circumstance, tha��inding shal� nvt make�he o-Ffiending pro�ision illegal, in�a[id,
<br /> or un�nforceable as to any other persan or circumsfance. �f feasibler the af'Fend�ng provision shall be considered
<br /> modified sv that it becomes legai,�al:�d and enfiorceahle. If the o��ending pro�isi�n cannot be sa modi�ied, it shall
<br /> be cons�dered deleted from this Assignment. lJnEess otherwise required by law, the iifegality, inrralidity, or
<br /> unenforce�bi[ity of any pro�ision of this Assignrn�nt shall nat affect the legality, �alidity or enforcea�il�ty o� any
<br /> other pro�isEon o�this Assignment.
<br /> Successors and Assigns. Sub�ect t�any limitations stated in this Assignment on trans��r vf Grantor`s interest,this
<br /> Assignment shall be binding upon and inure to th� E�enefit of th� parf�es; their successors and assigns. if
<br /> ❑wnership of the Property becomes�es�e� in a person other than Grantor, Lend�r, withou�nofice�v Grantvr, may
<br /> deal wi�h Grantor's successars with r�f�rence to this Ass�gnmenfi and the lndebtedness by way of�forbearance or
<br /> ex�ension wi�hout releasing Gran�or from�he ohligations o�f this Assignment ar[iabi[i�ty under the [ndebfiedness.
<br /> Time is of the�ssen�e. Time is o�the�ss�nce in the perfarmance o�F thi:s Assignment.
<br /> V1laive Jury. A!f parti�s to �his ►4ssignment hereby wai►re the right to any jury t�rial in any a�tionr prviceeding, ar
<br /> counterc�aim brvught by any party against any o�her party. ,
<br /> Wai�er v� Homestead Exemp�ivn. Gran�or her-eby re[eas�s and v►rai�es a[� rights and benef�ts of the hamestead
<br /> exempt�vn laws of the State ot Nebraska as�a ail lndebtedness secured by this Assi�nmen�.
<br /> DEFINITIONS. The �vllowing �apEta.[ized words and �erms shall ha�e the �ollowing meanings when used in this
<br /> Assignment. Unless speci�ically stated to the contrary, afl references to do[[ar amounts shall mean amvunts in lawfu[
<br /> mvney of the United States of America. Vllords and �erms used �n the singular shall include th� plural, and th� p�ural
<br /> sha[l include�he singu[ar, as tFie context may require, Words and terms nvt vtherwise defined in this Assignmen-�sha[I
<br /> have the mean�ngs attributed to such terms in the Uniform Commercial Cvde:
<br /> Assignmerat. Th�word "Assignmenf" means this ASSIGNMENT�F RENTS, as thEs ASS�GNMENT DF RENTS may
<br /> be amended ar modified from time to time, �ogether with all exhibits and schedules attached to this ASS�GNMENT
<br /> flF RENTS frvm tim�to time.
<br /> Borrvwer. The v�r�rd "Borrower" means RDDNEV J D�EHL and 5U5AN C❑IEHL.
<br /> Defaul�. The word '�Defau[t" means�tF�e De-Fau[fi s�t forth in this Assi�nment in the section��t1ed '=Defaulfi".
<br /> E►ren�vf Default. The words "Event of De�au�t" mean any of th�eWents of de�ault set for�h in this Assignment in
<br /> the defau[t secfiian of this Assignm�n�t.
<br /> Grant�r. The word "Grantor" means R�DNEY J D1EHL and 5U5AN �❑IEHL.
<br /> Guaranty. The word "Guaranty" mean$the guaran'�y from guaranto�, endvrs�r,sure�y, or accommodation party to
<br /> Lender, inc[uding without[imitation a guaranty of all or part of the Note,
<br /> lndeb�edness. The w�rd "lndebtedness" means a1I principal, �nterest, and ather amounts, costs and expenses
<br /> payabie under the Note or Related Documents, tagether wi-�h aCl renewals of, exfiensions of, modifications of�
<br /> conso[ida�ions o�and substitutions for the N�t��r Related DoGuments and any amounts expend�d or advanced by
<br /> Lender tv discharge Grantor's ob[igations or expenses incurred by Lender to enforce Grantor's obligations under
<br /> �his Assignment, together v►�ith interest on such amounts as pro�ided in this Assignmen�. Specifica[Iy, without
<br /> I_imi�a�ion, Indebtedness inc�udes the�uture ad�ances set�fvrth in �he Future Advances pro�ision, together with a11
<br /> in�erest therevn and all amoun�s fiha� may b� indirec�ly secured by �he Cross-Collateraliza�ion provis�an o�F th'rs
<br /> Assignmen�.
<br /> Lender. The word "LenderR means Equitahle Bank, �ts successors and assigns.
<br /> Nate. The wo.rd "N�te" m�ans the promissory nnte dated No�ember 30, 2��5, �17 th� vrigina� principaI
<br /> amount of ��7�.���.�� �rvm Grantar�o Lender, �oge�her with a11 renewals o�� ex�ensions of, modi�ications
<br /> of, refinancings of, consvlida�ivns v�F, and subst�tutions �Qr th�prvmissory no�e vr agreement, .
<br /> Property. The word "Pr�per�y" means all of Grantvr's rEgh-t, �itle and interes� in and to all -the Properry as
<br /> described in th� "Assignmentn section o��his Assignmenfi.
<br /> F�elated Dv�umen�s. The inrords "Related Dvcuments" mean all p�romissary notes, credi� agreements, [oan
<br /> agreements, �n�ironmentai agreemen�s, yuaranties, security agr��ments, mortgage�s, de�ds of trust, securi�ty
<br /> deeds, cvllateral mor�gages, and a11 other instruments, agreements and documents, whetf�er now or hereafi��r
<br /> existing, executed in connection with�he [ndebtedness.
<br /> �tents. The w�rd "F�ents" means all of Grantor's present and tu�ure righ�s, tit[e and interest in, to and under any
<br /> and all present and �uture leases, including, without limit�ation, a[� rents, rev�nue, incorne, issues, r�yalties,
<br /> bonuses, accounts recei�able, cash �r security deposi�s, ad�ance renta[�, profits and proceeds fr�m the Praperty,
<br /> and other payments and benefi�s d�r3v�d or to be derir�ed-�rom such leases of e�ery kind and nature, whe�her due
<br /> now or later; inc[uding without�im�tat;an Grantor's righ�to en�flrce such [�as�s and to receive and �o11�ct paymen�
<br /> and proceeds thereunder.
<br /> THE UIVDERSIGIVED ACKtV�WLEDGES HAVING d�EAD ALL THE PR�V��I�NS aF TH�S ASS�C�'N1VIE11�T. TH�S
<br /> �7C3CUMENT�S E�ECUTED �N N�VF�ItBER 30,��"�5.
<br /> G1RAINT�R:
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<br /> RODNEY�DlEHL
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<br /> SUSAN�D[EHL
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