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WHEN RECORDED MAIL TO: <br />Five Points Bank <br />West Branch <br />2009 N. Diers Ave. <br />Grand Island, NE 68803 <br />111111111H <br />1110111 <br />m <br />C <br />2 <br />n <br />FIVE POINTS BANK <br />11111 1111111y II I 1111 00111111111211181111 1 1 8900 III 111011 151111110 10 1 1111 1 11111 * 11111101111111111111111 Ilil <br />* 82016 <br />II <br />c) <br />C) <br />C <br />FOR RECORDER'S USE ONLY <br />ASSIGNMENT OF RENTS <br />THIS ASSIGNMENT OF RENTS dated January 8, 2016, is made and executed between JON M <br />MYERS and CHANDRA L MYERS, Husband and Wife, and DARRELL D HINRICHS and <br />MARLENE M HINRICHS, Husband and Wife (referred to below as "Grantor ") and Five Points <br />Bank, whose address is 2009 N. Diers Ave., Grand Island, NE 68803 (referred to below as <br />"Lender"). <br />ASSIGNMENT. For valuable consideration, Grantor hereby assigns, grants a continuing security <br />interest in, and conveys to Lender all of Grantor's right, title, and interest in and to the Rents <br />from the following described Property located in HALL County, State of Nebraska: <br />Condominium Unit No. 901, The Yancey, a Condominium, a Condominium in accordance <br />with the Declaration recorded on October 17, 1984, under Document No. 94- 005507 of the <br />County of Hall, State of Nebraska records <br />The Property or its address is commonly known as 123 N LOCUST ST #901, GRAND ISLAND, <br />NE 68801. <br />FUTURE ADVANCES. In addition to the Note, this Assignment secures all future advances made by Lender to Grantor <br />whether or not the advances are made pursuant to a commitment. Specifically, without limitation, this Assignment <br />secures, in addition to the amounts specified in the Note, all future amounts Lender in its discretion may loan to <br />Grantor, together with all interest thereon. <br />THIS ASSIGNMENT IS GIVEN TO SECURE (1) PAYMENT OF THE INDEBTEDNESS AND (2) PERFORMANCE OF ANY <br />AND ALL OBLIGATIONS OF GRANTOR UNDER THE NOTE, THIS ASSIGNMENT, AND THE RELATED DOCUMENTS. <br />THIS ASSIGNMENT IS GIVEN AND ACCEPTED ON THE FOLLOWING TERMS: <br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Assignment or any Related Documents, Grantor <br />shall pay to Lender all amounts secured by this Assignment as they become due, and shall strictly perform all of <br />Grantor's obligations under this Assignment. Unless and until Lender exercises its right to collect the Rents as provided <br />