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201600625
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Last modified
2/1/2016 12:00:58 PM
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2/1/2016 12:00:58 PM
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DEEDS
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201600625
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WHEN RECORDED MAIL TO: <br />Five Points Bank <br />Attn: , f <br />Attn: Diers <br />PO Box 1507 <br />Grand island, NE 68802-1507 <br />II <br />II <br />IIIIIIII <br />IIIIIIII <br />FIVE POINTS BANK <br />II <br />II <br />II <br />m <br />n z <br />m vt t' <br />IIIIIfit <br />I 1HI1 11'1 1 <br />1 111 <br />Hill"' <br />III <br />11 <br />*000000000101292541011501292016 <br />111111111111111 <br />1"1111111 <br />III <br />C. :7 <br />CT') <br />CD <br />C r1 <br />7, <br />r <br />17 71 <br />FOR RECORDER'S USE ONLY <br />ASSIGNMENT OF RENTS <br />THIS ASSIGNMENT OF RENTS dated January 29, 2016, is made and executed between <br />JAVIER DELATORRE and GABRIELA DOMINGUEZ ZAZUETA; Husband and Wife (referred to <br />below as "Grantor ") and Five Points Bank, whose address is 2009 N. Diers Ave., Grand Island, <br />NE 68803 (referred to below as "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 />Lot Three (3), Block Seven (7), Bonnie Brae Addition to the City of Grand Island, Hall <br />County, Nebraska <br />The Property or its address is commonly known as 1413 W 5TH ST, GRAND ISLAND, NE <br />68801. <br />CROSS-COLLATERALIZATION. In addition to the Note, this Assignment secures all obligations, debts and liabilities, <br />plus interest thereon, of either Grantor or Borrower to Lender, or any one or more of them, as well as all claims by <br />Lender against Borrower and Grantor or any one or more of them, whether now existing or hereafter arising, whether <br />related or unrelated to the purpose of the Note, whether voluntary or otherwise, whether due or not due, direct or <br />indirect, determined or undetermined, absolute or contingent, liquidated or unliquidated, whether Borrower or Grantor <br />may be liable individually or jointly with others, whether obligated as guarantor, surety, accommodation party or <br />otherwise, and whether recovery upon such amounts may be or hereafter may become barred by any statute of <br />limitations, and whether the obligation to repay such amounts may be or hereafter may become otherwise <br />unenforceable. <br />FUTURE ADVANCES. In addition to the Note, this Assignment secures all future advances made by Lender to Borrower <br />or Grantor whether or not the advances are made pursuant to a commitment. Specifically, without limitation, this <br />Assignment secures, in addition to the amounts specified in the Note, all future amounts Lender in its discretion may <br />loan to Borrower or Grantor, together with all interest thereon. <br />
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