201600762 - Laserfiche WebLink

Browse

rn m � � � rnm � y rn o �� rn � rn a� �o rn �1 �C � � o �z � rn Z� � � � �� m �z � � a, z� � � � — � �� p � �ornv � c.zi� rn� rn �� rn� o � =c�i� IV c �o � � � � �� 0 0 � `.`. Z o� C3i � � �7 Z � � 4��P�'��_..��, ��t�� °�� ��' a ��°��#, ��°� �� VIIHEN R � ED 11AAIL T�: Bank West 5 ain A ar o ND 58�f�4 F�R RECORDER'S�SE ONLY ASS�GN�J[ENT �F RENTS TH1S ASSiGNMENT []F RENTS dated January ��, 24'I�, is mad� and �xecuted between M1�HAEL M B�RER and J�AN E BDRER, husband and wif�, as �oint tenants, whose address is 59�3 N '��3RD ST, �MAHA, NE �8'�'I� �ref�rred t� belvw as "Grantor"} and BANK �F THE VIIEST, wh�se address is 'f 322� Cal�fnrnia 5t., �7maha, NE f8'�54 �r�ferred to �elow as "Lender'"�. � ►��Si�N�IEiVT. F�r ��u�bl� considera�i�n, �rantor hereby assigns, grants a car��inuing security in�erest in, and c�n�eys to Lender al[ of Grantor's right, title, and �n�eres� �n and to the Rents from fhe following descr�bed Property located in HALL County, 5tate �f Nebraska: Lat Se�en �7}, in R�berts Subdirrision �n the City of Grand Island, Hal� C�unty, N�braska, accard�ng tv the r�corded pla� th�reof The Prop�rty or i�s address is commonly known as '�47 E RC�BERTS ST, �RAND lSLAND, NE �88�3. The Property tax �den�ification number �s 4�D�84'I'12. THIS ASSIGNMENT IS G1VEN Ta SEC�RE {�} PAYMENT QF THE 1NDEBTEDNESS AND �2} PERF�RMANCE OF ANY AND ALL �BLIGATIQNS�F B�RR4WER AN� GRANT�R �NDER THE N[]TE,THtS ASStGNMENT,AN❑THE RELATED D�GUMENTS, THtS ASSIGNMENT IS GIVEN AND A�CFPTED�N THE F�LL�VIrING TERMS: �RANT�R'S WANVERS. Grantor wai�es a!I rights or defens�s arising by reasan of any"one ac�ian"or"an�i-deficiency" �aw, or any othe� law which may pre�enf Lender from bringing any a�tion against Grantor, includ�ng a claim for deficiency�o the exten� Lender is otherwise entit�ed tv a elaim for defci�ncy, before or after Lender's cammencement or completion o�any foreclosu�-e actinn, either judiciaffy or by exercise o�a power of sale. 80RRO1JVER"S WAIVERS AND RESP4NS�BILITIES. Lender need nof tell Borrawer about any actian ❑� inaction Lende�- takes in connection wi�h this Assignmen�. 8orrower assumes the responsibility fvr being and keeping info�med about the Praper�y. Borrower waives any defenses tha�t may arise because of any ac�ion ar inaction of Lender, including withoufi fimita�ion any failure of Lender to rea�ize up�n �he Proper�y, vr any delay by Lender in rea�izing upon the Property. Barrawer agrees #o remain liable under the Not� with Lender no mat�er wha�action Lender#akes ❑r fails to take under this Assignment, PAYIVIENT AN� PERFC]RMANCE. Except as otherw�se provided in this Assignment o�any Related Documents, Gran��r shall pay to Lender al� amaunts secured by �his Assignment as they become due, and shall stric�ly per�orm all of � �rantor's abligatinns under this Assignment. Unless and unti� Lender exercises i�s right to co�lect#he Rents as pro��ded below and so long as there is n� default under this Ass�gnment, Grantor may remain in possession and contral of and operate and manage the Property and co�lec�the Rents, pro�ided that the granting of the right tv collect the Ren#s sha�l not c�nstitute Lender's consent to the use o�cash coi�ateral in a bankrup�cy proceeding. . �RANT�R'S REPRESENTATIQNS AND WARRANTIES, �rantor warrants that: /� � ,.., E_.�� .� �� r-�� r �'""_.t..�� "i.. �f�[.�.✓I i,..� .,u t� N�Y...n F�,��..n.,� .