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<br />CONDITIONAL ASSIGNMENT OF LEASE AS ADDWIONAL SECURITY
<br />Craig C. Burchess and Mary E. Burchess, husband and wife, ASSIGNORS, do hereby
<br />assign to EQUITABLE BUILDING & LOAN ASSOCIATION OF GRAND ISLAND,
<br />NEBRASKA, FSB, ASSIGNEE, as additional security for payment of a loan made to
<br />Assignor by Assignee in the amount of $70,000.00, the Lease dated March 5, 2001, wherein
<br />Kuester Lake, Inc. is the Lessor and Assignor is the Lessee, pertaining to the following -
<br />described premises:
<br />Lots Thirty (30) and Thirty-One (31), having a lake front footage of 135 feet,
<br />situated on the West side of the East Portion of Kuester Lake, and being on a
<br />part of the East Half of the Southwest Quarter (E' /2SW' /4), in Section Thirteen
<br />(13), Township Eleven (11) North, Range Nine (9) West of the 6th P.M., Hall
<br />County, Nebraska.
<br />It is understood that if the Assignors pay said indebtedness of $70,000.00, with interest
<br />and according to the provisions of the Financing Statement given by them to the Assignee, that
<br />this Conditional Assignment of said Lease will thereafter be null and void and of no further
<br />force nor effect.
<br />DATED: March 5TH, 2001.
<br />J�� '- r 6.'�
<br />CRAIJ C. BURCHESS
<br />9
<br />MARY E URCHESS
<br />STATE OF NEBRASKA )
<br />ss.
<br />COUNTY OF HALL )
<br />Before me, a Notary Public qualified in said County, personally came Craig C.
<br />Burchess and Mary E. Burchess, husband and wife, as Assignors, and who are known to me to
<br />be the identical persons whose names are so affixed to the foregoing Conditional Assignment
<br />of Lease, and they acknowledged their execution thereof to be their voluntary act and deed for
<br />the purposes therein stated.
<br />WITNESS my hand and Notarial Seal the date last above written.
<br />GENERAL NOTARY -State of Nebraska
<br />III MARK E. KERSTEN
<br />My Comm. UP. Aug. 17, 2002
<br />tary Public
<br />�x
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<br />Craig C. Burchess and Mary E. Burchess, husband and wife, ASSIGNORS, do hereby
<br />assign to EQUITABLE BUILDING & LOAN ASSOCIATION OF GRAND ISLAND,
<br />NEBRASKA, FSB, ASSIGNEE, as additional security for payment of a loan made to
<br />Assignor by Assignee in the amount of $70,000.00, the Lease dated March 5, 2001, wherein
<br />Kuester Lake, Inc. is the Lessor and Assignor is the Lessee, pertaining to the following -
<br />described premises:
<br />Lots Thirty (30) and Thirty-One (31), having a lake front footage of 135 feet,
<br />situated on the West side of the East Portion of Kuester Lake, and being on a
<br />part of the East Half of the Southwest Quarter (E' /2SW' /4), in Section Thirteen
<br />(13), Township Eleven (11) North, Range Nine (9) West of the 6th P.M., Hall
<br />County, Nebraska.
<br />It is understood that if the Assignors pay said indebtedness of $70,000.00, with interest
<br />and according to the provisions of the Financing Statement given by them to the Assignee, that
<br />this Conditional Assignment of said Lease will thereafter be null and void and of no further
<br />force nor effect.
<br />DATED: March 5TH, 2001.
<br />J�� '- r 6.'�
<br />CRAIJ C. BURCHESS
<br />9
<br />MARY E URCHESS
<br />STATE OF NEBRASKA )
<br />ss.
<br />COUNTY OF HALL )
<br />Before me, a Notary Public qualified in said County, personally came Craig C.
<br />Burchess and Mary E. Burchess, husband and wife, as Assignors, and who are known to me to
<br />be the identical persons whose names are so affixed to the foregoing Conditional Assignment
<br />of Lease, and they acknowledged their execution thereof to be their voluntary act and deed for
<br />the purposes therein stated.
<br />WITNESS my hand and Notarial Seal the date last above written.
<br />GENERAL NOTARY -State of Nebraska
<br />III MARK E. KERSTEN
<br />My Comm. UP. Aug. 17, 2002
<br />tary Public
<br />�x
<br />
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