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<br /> ►4����hlfI�ENT �F f�EINT'�
<br /> Loan No: �O�D����'�� �C��1ti�1u�C�} Page �
<br /> granted�'or purposes of se�urity and may riot be re�oked by Grantor un�i� su�h �ime as the sam�are renoun�ed by
<br /> Lender.
<br /> 5everabilit�l. �f a cou�t of campetent�urisdiction finds any pro�ision of this Assignm�nt to be illega�, in�a�id, ❑r
<br /> unenforceabfe as to any person or circums�ance, tha�finding sha�l not make the offending pravision il�egal, in�alid,
<br /> vr unenfarceable as �o any other person or ci�-cums�anc�. I�feasible, �he offending pro�ision shall be considered
<br /> modifed so that it becames l�ga�, �al�d and �nforceable. !�#he o'ffending p�o�ision cannat be so modified, it shall
<br /> be eonsidered deleted from this Assi�nment. Unless otherwise requ�red by law, the il�egali�y, in�al�dity, or
<br /> unenforceability of any pra�ision �f this Assignm�nt shall nat a�feet fhe legality, �alidity or enforGeability of any
<br /> other pro�ision��this Assignment.
<br /> Successvrs and Assfgns. Subjec��o any limi�ations s�at�d�n this Assignment on transfer of Grantor's interest,this
<br /> Ass�gnment shali be b�nding upon and inure ta the benefit ❑�F the parties, �heir successors and assigns. I�
<br /> ownership of the Prop�rty becomes�ested in a person other than Grantor, Lender,without notice to Grantor, may
<br /> deal with Grantvr's successors with reference fo this Assignment and �he Indebtedness by way af farbearance or
<br /> �xtension without reieasing Grantor fram the obligations of this Assignment❑r liabi�ity under the Indebtedness,
<br /> Time is of the Essen�e. Time is of the essence in the pe�form�nce a��his Assignmen�.
<br /> Wai�e Jury. Al! parties to #his Assignment h��eby wairre the righ��o any jury#rial in any aCtion, proceeding, or
<br /> counterc�aim brought by any party against any ather par#y.
<br /> ll�a��er of Hamestead Exemption. Grantor hereby re[eases and waives al� rights and b�n�fits o�tne hom�stead
<br /> �xemptian laws of the Sta�e of Nebraska as to all Indebtedness secured by this Assignment.
<br /> 1Nai�er of Ri�h� a� Redemption. NaTVI11THSTANDING ANY �F THE PR�VISIQNS T� THE CaNTRARI'
<br /> C�NTAINED IN TH1S A551GNMENT, GRANT�R HEREBY WAIVES ANY Ah1D ALL R�GHTS�F REQEMPTl�N FR�M
<br /> SALE UNDER ANY �RDER �R .IUDGMENT �F F�RECLflSURE �N GRANT�R'S BEHALF AND �]N �EHALF �F
<br /> EACH AN� EVERY PERS�N, EXCEPT JUDGMENT CREDIT�RS 4F GRANT�R, ACC�UIRING ANY INTEREST fN QR
<br /> TlTLE T�rHE PRDPERTY SUBSEQUENT T�THE DATE t]F TH�S ASS�GNMENT.
<br /> DEFINIT��IVS. The �'o�lawing capitalized vuo�ds and terms shall have the f�llowin� meanings uvhen used ir� th�s
<br /> Assignment. Unless specif�al�y sta#ed to the c�ntrary, all references to do�lar amounts shal� mean amounts in law#ul
<br /> money of the LJnited Sta�es o�America. �Jllords and te�ms used in the singular shall include the plu�al, and th� plural
<br /> shall �nclude the singular, as the contex� ma�require. W�rds and terms not a#herwise defined in this Assignment shall
<br /> ha�e the meanings attributed to such terms in the Uniform Commercia!God�:
<br /> Assignment. The word"Assignmen�" means this A55�GNMENT�F RENTS, as th�s ASS��NMENT�F RENT�may
<br /> be amended or modifed from#ime tv time, together�wi#h all exhibi�s and schedules attached to this ASSI�NMEN7
<br /> nF RENTS�'ram time t�t�me.
<br /> Borrawer. The ward"Bvrrawer"means MICHAEL M BQRER.
<br /> Qefaui#. The ward"C]efault" means the De�ault set far�h in this Assignment in the secti�n ti�led"Defaul#".
<br /> Event o�Defaul�. Th�words"EWent�f Defau4t" mean any flf�he events o�de�au�t set�orth in thfs Assignment in
<br /> the defauit sectian o�this Ass�gnment.
<br /> Grantor. Yhe ward"Grantor"means M�CHAEL M B�RER and J�AN E B�RER.
<br /> Guarantor. The worcf "Guarantor" means any guarantor, su�ety, or accammodation party of any or a�� o# the
<br /> Indebtedness.
<br /> Guaranty. The word "Guaranty" means the guaranty fram Guaran#�r to Lender, including vuithout �imita�ian a
<br /> guaran�y af al!or part❑f the No#e.
<br /> indeb�edness. The word "Indeb�edness" means ai1 pr�ncipal, interest, and ather amaunts, costs and expenses
<br /> payable under #he Nvte ar Related Dacuments, toge#her with all renewals vf, extensions ��, modifr�a�ions vf,
<br /> canso�idations a�and substituti�ns for the Note or Related Documents and any amounts expended❑r ad�anced hy
<br /> Lende�- to dss�i�a�ge Gr�ntor's ablsgat�ons or expenses incurred by Lender to enfvrce Grantor`s �lotiga�ians under
<br /> this Assignment, tage�her w�th in�erest❑n such amoun#s as pro��ded in th�s Assignment.
<br /> Lender. The word"Lender"means BANK�F THE VIIEST, its successors and assigns.
<br /> Nvte. The word "�ote" means the promissary note dafe� January �'�, 2D'�6, 111 the arig�nal pr�n�ipai
<br /> amoun# of$7'I 2,��0.(��frnm Borrower to Lender,together with all renewals af, extensions of, modifications
<br /> of, refinancings of, consolidations o�,and substi�u#ions far�he prvmissory no�e or agreemen�.
<br /> Pr�pe�ty. Th� word "Praperty" means af I af Gr�ntar's right, title and interest in and to all �he Prope�ky as
<br /> described in the"Assignment"section o�this Assignment.
<br /> Related Documents. The words "Refa�ed ❑oeumen#s" mean all prom�ssory no#es, �redit agreemen�s, lvan
<br /> agreements, en�Eronmental agreements, guarant�es, security agreemen#s, mo�tgages, deeds af trust, security
<br /> deeds, cvl�a�e�al m�rtgages, and ali other instruments, agreemenfs and documents, uvhether now ar he�eafter
<br /> exis�ing, executed in connect�on wi�th the lndebtedness. �
<br /> Ren�s. The ward "Rents" means afl of Gran�or's present and �uture rights, ti#le and in�erest in, t� and under any
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