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2� 1 ��7�2 A��INM�INT" �]F REfVT� Lgan No: �D�a��8 ��rlt�nued] Page � �wnership. Granto�is en�itled to �ecei�e the Ren�s fire� and clear of all r�ghts, loans, l�ens, encumbran�es, and cla�ms except as dis��osed to and accepfed by Lender in writing. Right #o Assign. Grantor has the full right, pow�r and authority to enter 'rnta this Assignment and tn assign and convey the Rents�o Lender. No Pri�r Assignmen�. �rantar has not pre�iously assigned or canveyed #he Ren�s to any vther person by any �nstrument now in�arce. No Further Transfer. Gran�or wiI( not sel�,ass�gn, encumber,or otherwise dispose o�any vf Grantor`s righ�s in the Rents except as pro�ided in this Assignment. LENDER'S RIGHT TD RECEiVE AND COLLECT RENTS. Lender shali have the right at any t�me, and even.though na de�aul#shail ha�e accurred under this Assignment, to c��ect and receive the Rents. For this purpose, Lender is hereby gi�en and g�anted the follawing rights, pvwers and author�ty: N�tice �o Tenants. L�nder may send not�ces �� any and a�l tenants of the Prope�y ad�ising th�;m of th�s Assignment and dire�ting all Rents to be paid dir�c#ly to Lender ar Lender's agent. Entsr the Rroperty. Lende�-may ente�-upon and take possession of#he Prope�ty; demand, collect and rece��e from the �enants or from any ather persons I�abie therefar, all of�he Rents; insti�ute and carry on all legal proceedings necessary for �he protection af the Praperty, including such praceed'rngs as may be necessary to reco�er possessian�f the Proper�y;co�lect#he Renfs and r�mo�e any tenant vr tenants�r other persons from the Propsrty. Main#ain the Praperty. Lender may en#er upon the Property ta maintain the Proper�y and keep the same in repair; to pay the costs thereof and vf a11 services af a!� empl�yees, �ncluding fheir equipmen#, and vf all confiinuing costs and expenses Qf maintaining the Property�n praper repair and canditian, and also to pay al!�axes, assessmenfs and water utili�ies, and the premsums on�ire and other�nsura�ee e�fiected by�ender on the Praperty. ComplianCe w�th Laws. Lender may do any and all things ta execute and cvmply with the laws of the S�a#e vf Nebraska and also all o�her �aws, rules, orders, ordfnances and requiremen�s of aIl ather governmenta! a�encies affec�ing the Properky. Lease�he Property. Lender may rent or lease the whvle or any part of�he Prope�ty for such term or terms and on such cvnditions as Lender may deem appropriate. Em��oy Agen#s. Lender may �ngage such agent or agents as Lender may deem appropriate, either in Len�er's name or in Granto�-'s name,to rent and manage the Property, inc�uding the collection and app�ication of Ren�s. C3ther Acts. Lender may do all such other things and acts with respec# to the Proper�y as Lender may deem appropriate and may act exclusi�e�y and solefy in the place and stead of Grantor and to have all of the pawers of �rantar for the purposes stated aba�e. No Requirement to Act. Lender shall nat be required to do any o�the fo�egoing acts ar things, and the fa��that Lender sh�f! ha�� performed one �r more af the foregaing acts or�hings shall nat require Lende�-to da any ather sp�cifi�act o�-thing. APPLiCAT[UN �F RENTS. Af! costs and expenses incurred by L�nder in connection with the Proper#y shall be for Gran�or`s accounf and Lender may pay such cos�s and expenses ��om the Rents. Lend�r, in its sole discre#ion, shall de#ermin� the applica�ion o�any and all Rents recei�ed by it; hawe�er, any such Rents reGei�ed by Lender whi�h are not applied to such casts and expenses shali b� applied to the lndebfedness. A�I expenditur�s made by tender under this Assignmen� and nat reimbursed fram the Rents shall become a part of the Indebfiedness secured by this . Assignmen�,and shall be payable on demand,with in�eresf at the Note rate from date of expenditure until paid. . FULL PERF�RMANCE. �f �rantor pays all of the Indebtedness when due and otherwise performs all the abliga#ians imposed upon Gran�ar under this Assignmen�,the Note,and the Related Documents, Lender shall execute and d�fi�er to Gran#or a sui�ahle satisfaction of this Assignment and su�tab��statements af termination o�'any�nanc�ng s#a�ement an file evidencing Lender�'s security in�erest in the Rents and �he Property. Any#ermination fee required by �aw shai� be paid by�ran�or, if p�rmitt�d by appficable law. LENDER"5 E�PENDITUR�S. I�any action or proceed�ng is commenced#hat would materially affec�Lender`s interes#in the Properky vr if�rantor fails to�omp�y with any pro�ision of#his Assignment❑r any Refated D�cuments, inc�uding but nat limited to Grantor's faifure ta discharge a�-pay when du�any amounts Grantor is required�o discharge ar pay under f��s Assignment or any Related I�ocumen�s, Lender ❑n Gran��r`s behalf may �but sha�3 nvt be obl�gated to} take any action that Lende�- deems apprapriate, including but not lim�ted to discharging ar paying all taxes, liens, security interests, encumbrances and o�her claims,at any time le�ied or p�aced on the Ren�s or�he Praperty and pay�ng all�osts fa� �nsuring, maintaining �nd preserving the Property. All such expenditures incurred or paid by Lender for such purpases wi�l th�n bear inferest at the rate charged under the Note from the date incurred or paid by Lende�to the date of repaymen� by �rantor. Afi su�h expenses wil[ becorne a �art of the Indeb�edness and, at Lender's option, will {A) be payable an demand; �g} be added to the balanc� o�the Nvte and be appor�ivned amang and be payable with any ins�al�ment payments to become due during either �'�} �he term of any appliG�b�e insurance pofiGy; o�- ��} the �-emaining term of the Note; o� �C} be treated as a ballaan payment whicn wiil be due and payab�e at the Note's maturity. The Assignment a�s�will secure payment of�hese amaunts. Such right shall be in addition#o all�ther ri�hts and remedies ta which Lender may be en#it�ed upon ❑efauit.