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WHEN RECORDED MAIL TO: <br />� Five Points Bank <br />�v -"Attn: Diers <br />1 PO Box 1507 <br />Grand Island, NE 68802 -1507 <br />11111 111111111 <br />III <br />11 <br />n r, <br />m 41 <br />ri <br />FIVE DINTS BANK <br />11111111011 I 11 11 II 111I1111111111111111 111111111111111 1II111111111 III1I I I II11II <br />FOR RECORDER'S USE ONLY <br />IIIII <br />Ill II <br />CT') <br />ASSIGNMENT OF RENTS <br />THIS ASSIGNMENT OF RENTS dated February 8, 2016, is made and executed between <br />EDWARD G VASQUEZ; A Single Person (referred to below as "Grantor ") and Five Points Bank, <br />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 />Lot Six (6), Block Ten (10), Original Town of Grand Island, Hall County, Nebraska. <br />The Property or its address is commonly known as 414 -416 W 6TH ST, GRAND ISLAND, NE <br />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 />below and so long as there is no default under this Assignment, Grantor may remain in possession and control of and <br />operate and manage the Property and collect the Rents, provided that the granting of the right to collect the Rents shall <br />not constitute Lender's consent to the use of cash collateral in a bankruptcy proceeding. <br />GRANTOR'S REPRESENTATIONS AND WARRANTIES. Grantor warrants that: <br />1 0 s <br />