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2� 1 ����73
<br /> ASSIGNMENT DF RENTS
<br /> Loan No: 7���9�D�7 �Continued} 'Page 5
<br /> No 1Naiver hy Lender. Lender shall not he deemed fio ha�e wai�ed any righ�s under this Assignment un�ess such
<br /> wai�er is gi�en in wri�ing and signed hy Lender. No delay❑r amiss�on vn the part❑f Lender in exercising any right
<br /> shall vpera�e as a wai�er of such rFgh� or any other right. A wai�er by Lender o� a pro�isivn of th�s Assignment
<br /> shall not pre�udice ❑r cans�itu�� a wai�er v� Lender's right ❑�herwise �o demand s�ric� compliance with �ha�
<br /> prv�isian ❑r any o�her pro�isian of th�s Assignment. No prior wai�er by Lender, nor any course ❑f dealing be�ween
<br /> Lender and Grantor, shall consti�u�e a waiver of any a-� Lender's rights ❑r❑f any ❑fi Gran�or's obligativns as t❑ any
<br /> �uture transac�ions. V1lhene�er �he consent ❑f Lender is required under this Assignmen�, the granting o� such
<br /> consent by Lender in any instance shall not constitute cantinuing consen� t❑ sulasequent instances where su�h
<br /> cvnsent is r�quired and in all cases such�ansenfi may he gran�ed ❑r wi�hh�ld in fihe sole discretion of L�nder.
<br /> Nvfi'rces. Any no�i�e required �❑ b� gi�en under fihis Assignmen� shall 1ae gi�en in wri�ing, and shall be e��ec�i�e
<br /> when acfivally de�i�ered, when actua��y recei�ed by �elefacsimi�e �unless otherwise r�quired by law}, when
<br /> deposited wi�kh a na�ianally re�vgnized o�ernigh�courier, or, if mailed, when depasited in�he United 5ta�es mail, as
<br /> firs�class, certified ❑r regis�ered mail pos�age prepaid, directed tv the addresses shvwn near�he beginning ❑f this �
<br /> Assignment. Any par�y may change i�s address��r no�ices under this Assignment by gi�ing formal written notice
<br /> �o �he ❑ther parties, speci�ying �hat �he purpase af fihe notice is �o change �he party's address. Far no�ice
<br /> purposes, Granfivr agrees �o keep Lender in�ormed at all �imes �f Grantor's current address. Unless ❑therwise
<br /> pra�ided vr required by law, if �here is more �han vne Gran�ar, any nvtice gi�en by Lender �❑ any Grantar is
<br /> deemed to be no�tice gi�en�o all Grantors.
<br /> Powers of Attorney. The �ar��us agencies and powers of attv�-ney con�eyed on Lender under this Assignment are
<br /> granted far purposes af securi�y and may not be re�oked 1ay Grantor unfii! such�ime as the same are renaunced by
<br /> Lender.
<br /> 5e�rerab��ity. If a cour� o� competenfi jurisdictivn finds any pro�ision o�F�his Assignmen� �to 1ae illegal, in�alid, or
<br /> unenforceable as �o any person or circumstance, that finding shall nat make the �ffending pro�ision illegal, in�alid,
<br /> o�- unenfvrceal�le as �❑ any other person ❑r cir�umstance. If�easible, the ❑fifending pro�isian shall he cansidered
<br /> madified so that ifi 1�ecames legal, �alid and enforceable. lf the ❑ffending pro�isian cannot be so modified, it shali
<br /> be considered deleted from this Assignmen�. Unless atherwise required by �aw, �he illegality, inWalidity, nr
<br /> unen�or�eabili�y of any pro�ision ❑fi fihis Assignment shall not affec� fihe legali�y, �alidity or enfiorceability of any
<br /> a�her pro�ision afi fihis Assignmen�.
<br /> 5uccessors and Assigns. Sul�ject to any limi�a�ions s�ated in this Asstgnmen�❑n t�rans�er o�Granto�-'s interest,�his
<br /> Assignment shall }�e bind;ng upon and inur� tv �he benefit vf the parties, thei� successors and assigns. l�
<br /> ownership ❑#the Proper�y becomes Wested in a persan ❑�kher than Grantor, Lender, without nafiice�❑ Grantar, may
<br /> deal with Gran�ar`s successors �rvith reference t❑ this Assignmen� and the lnde�tedness by way of forbearance or
<br /> ex�ension withou�releasing Gran�or fram the abliga�ions❑fi this Assignment or liabilifiy under�he Inde�t�dness.
<br /> Time is of�he Essence. Time is ❑f�he essence in�he perfvrmance❑f�his Assignmen�.
<br /> Vllaiver of Homestead Exemp�ion. Grantor hereby re�eases and wai�es a�� rights and bene�its of the homesfiead
<br /> exemption latinrs ❑f�he State❑fi Nebraska as t❑ all Indeb�edn�ss seGured by this Assignment.
<br /> 1Naiver af Right of Redempt�vn, N�TWITHSTANDING ANY DF THE PR�V�51�N5 T� THE CDNTRARY
<br /> C�NTA�NE❑ !N TH[S A5SIGNMENT, GRANTDR HERE6Y WAIVES ANY ANI�ALL R1GHT5 DF RE�]EMPTIDN FR�M
<br /> SALE IJNDER ANY OR�ER DR JUDGMENT �F F�RECL�SURE DN GRANT�R'S BEHALF AND �N BEHALF OF
<br /> EACH AN�3 EVERY PERSDN, EX�EPT JUDGMENT CREaIT�RS OF GRANT�R, ACQU�R�NG ANY INTEREST IN �R
<br /> TITLE TD THE PR�PERTY SUBSEQUENT T❑THE DATE�F THES ASSIGNMENT.
<br /> ❑EF1N1T�aNS. The �o[lowing capifialized words and �erms shall ha�e the fvllowing meanings when used in �his
<br /> Assignment. LJn[ess spe�ifi�ally s�a�ed to the contrary, all references �o dollar amounts shall mean amvunts in lawful
<br /> money ��the United S�ta��s ❑f America. Vllords and �erms used in the singuiar shall in�Iude �he plural, and fihe plura!
<br /> shall include fihe singular, as�he cantex�may require. Wvrds and terms no�o�herwise defined in�his Assignment shall
<br /> ha�e�he meanings a�ttrilauted ta su�h te�-ms in�he Un3�orm Commerc�al Cvde:
<br /> Assignmen#. The word "Assignmen�" means this ASSiGNMENT�F RENTS, as this A551GNMENT �F RENTS may
<br /> be am�nded ❑r modi�ied �rom time t�time, together with a!1 exhibits and schedules attached fia�his ASSlGNMENT
<br /> �F RENTS from�ime t�time. �
<br /> Bvrrawer. The wvrd "6orrorrver" means JASEN D1MMITT, AMANDA J DIMMETT, JE�RY � D1MMITT and PATTY J
<br /> ❑I1VIM�TT'. t '
<br /> Default. The ward "Defau�t" means�he D�faul�se�forth in this Assignment in th�sec�ivn titled "De�ault".
<br /> Event o�f De�au��. The wvrds "E�en�k o� �e�fault" mean any ❑�fihe eve"n�s,af de�au[t.set_for�h�in�this_Assignmen�k in
<br /> the de�auft section of�his Assignmenfi. � ., � . ,-� ��
<br /> . , . . . . �
<br /> Grantvr. The wvrd "Granfior" means JERRY G ❑IMMITT and PATTY J DINiMITT'. ' -�:������•. �- � ' ;
<br /> .��... - . ...r��....� �_ �.l.�s�"R'�'[�...h •__ .► '�
<br /> Guaranty. The word "Guaranfiy" means the guaran�y from guarantor, endvrser, sure�y, or accommvdation par�y fio
<br /> Lende�-, incEuding wifihou�limitativn a guaranty of all ❑r part of�he N�te.
<br /> Indebfedness. The word "�ndebtedness" means all principal, interest, and vther amnunts, C05�5 and expenses
<br /> � payable under the Nvte or Reiated ❑ocuments, together with all renewals af, ex�ensians o�, mvdificatians af,
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