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2� 1 �� 152�
<br /> ASSlGN11�ENT �F RENTS
<br /> Loan Nv: 1 D'1�94�'17 �Corltlrlued� Page 5
<br /> t❑ the ❑ther parties, specifying that �hs purp�se ❑� the notice is t❑ change �he party's address. Fvr natice �
<br /> purposes, Grantor agrees to keep Lender informed at all times of Gran�or's current address. Unl�ss otherwise
<br /> pro�ided vr required �y law, if there is more than ane Gran�or, any notice �i�en by Lender �❑ any Gran�or is
<br /> deemed t❑ be natice gi�en to a�� Gran�ars.
<br /> Pvwers o�At�arney. The various agencies and powers of attorney canveyed ❑n Lender under this Assignmenfi are
<br /> granted �or purpvses o�security and may no� be re�oked by �ran�or until such fiime as the same are renounced by
<br /> Lender.
<br /> 5everabiiity. lf a cvurt o�F competent jurisdiction finds any pro�ision ❑f �his Assignment to be illegal, in�alid, ❑r
<br /> unenfvrceabl� as �o any pe�svn or circums�ance, that finding sha�� not make �he offending prv�ision illegal, in�alid,
<br /> or unenforGeahle as t❑ any other persvn or circumstance. If feasible, the of�ending prv��sivn sha�l be considered
<br /> madFfied so tha� it becomes legal, valid and enfvr�eable. If the ❑ffending prv�ision canno� be so mvdifi�d, i� shall
<br /> be cansidered dele�ed �rom this Assignmen�. Unless ❑therwise required by �aw, �he illegality, in�alidi�y, ar
<br /> unenfvrceabili�ty o� any pra��sion of �his Assignment shal[ n�� affect the �egali�y, �alidity or enfarceabili�ty ❑f any
<br /> other pro�is�on of this Assignment.
<br /> 5uccessvrs and Assigns. 5ubjec�t❑ any limitativns s�a�ed in�his Assignment an transfer❑f Grantor's �nterest, this
<br /> Assignment shall be binding upvn and inure to the benefit ❑f �he parties, their successors and assigns. If
<br /> ownership o�F the Pr�perty becames �ested in a persan other than Grantar, Lender, vuithout nati�e�o Gran�ar, may
<br /> deal with Grantvr's successors with reference to this Assignment and �he lndebtedness �y way of forhearance ❑r
<br /> extension wi�hout releasing Gran�or fram the obl�ga�tians ❑f�his Assignment or liability under the Indebtedness.
<br /> Time is o�the Essence. Time is of the essen�e in the perfiormance o�this Assignment.
<br /> Waiver o� Homestead Exemption. Grantvr hereby refeases and waives all righ�s and bene�i�s vf the homestead
<br /> exemp�ian laws of the State of Nebraska as to all lndeb�edness secured by this Assignment.
<br /> VIlaiver nf Right of Redemp�ion. N�TWITHSTANDING ANY �F THE PR�VISI�NS TD THE G�NTRARY
<br /> CDNTAINED IN TH15 A551GNMENT, GRANTDFi HEREBY 1111AIVES ANY AN❑ ALL RIGHTS DF RE�EMPTIDN FR�M
<br /> SALE IJNDER ANY ❑R�ER �R JU!]GMENT �F F�RECL�SURE �N GRANTC�R'S BEHALF AND QN 6EHALF OF
<br /> EAGH AND EVERY PERSDN, EXCEPT JUDGMENT CREDIT�RS �F GRANTOR, ACQIJIRING ANY INTEREST IN �R �
<br /> TITLE T�THE PRDPERTY SUBSEQUENT T�THE I�ATE�F THIS A551GNIVIENT.
<br /> DEFINITIDNS. The �ollowing capita��zed words and terms shall ha�e the �allvwing meanings when used in this
<br /> Assignment. Unless spe�ifical�y stated t❑ the cvntrary, a�f references ta dollar amvunts shall mean amounts in lawful
<br /> money ❑f �he Uni�ed 5ta�es of America. Vllards anai �erms used in the singular shall include the p�ural, and �he plural
<br /> sha�l inc�ude the singular, as �he con�ext may requ�re. V1lords and terms nat otherwise de�ined in this Assignmenfi shall
<br /> have the meanings attributed to such�erms in the Uni�vrm Commer�ial �od�:
<br /> Assignment. The wvrd "Assignment" means this A551GNMENT�F RENTS, as this ASSIGNMENT �F RENTS may
<br /> be amended ar mvdified firom time to time, tvgether wi�h all �xhib�ts and schedules a�tached to this ASSIGNiVIENT
<br /> OF RENTS from t�me to time.
<br /> Borrvwer. The word "Borrower" means GENE A. B�LTZ and aELLA NiAE J. 6�LTZ.
<br /> Defaul#. The ward "DefauEt" means the Default set forth in thEs Assignment in�he sec�ion ti�led "Default",
<br /> E�en# of De�aul�. Th� words "EWent of I�efault" mean any ❑f:the-e�en�s.of.defaulttis�t forth_.in��his Assignment in
<br /> �he defaul�sectivn afi this Assignment, � . � � .�; �' •;��� �~ '
<br /> � � - �
<br /> Grantor. The wvrd "Gran�ar" means DELLA MAE J. BDLTZ and GEiVE_,A:;B�LTZ. ,.��r�`�",',` + i
<br /> y • ... r' _. .. .'� �
<br /> Guaran�y, The word "Guaranty" means the guaranty from guaran�ar;�endorse"r;'sure�y,-vr•ac�vmmvdatian party�o
<br /> Lender, including withou�limi�ativn a guaranty ofi a[I or par�of�he Note.
<br /> Indeb�edness. The word "lndebtedness" means a�f principal, interest, and other amaunts, costs and expenses
<br /> payable under the Nvte ❑r Reiated i�ocumenfis, �ogether with all renewals ❑fi, extens�ons of, modi�icat�ons ❑f,
<br /> consolidations of and substitutivns for�he No�e or Related Dacuments and any amounts expended or ad�an�ed hy
<br /> Lender �o discharge Gran�or's abligations ar expenses incur�-ed by Lender t❑ enforce Grantor's vbliga�ions under
<br /> �his Assignmen�, together with inte�est vn su�h amaunts as prv�ided in this Assignment. Specififcally, without
<br /> �imifiation, �ndebtedness includes the �uture ad�ances sefi for�h in the Future Ad�ances pro�isivn, �age�her with all
<br /> interest �hereon and all amvun�s �hat may be indire�tly secured by the Crvss�Collateralizatian pro�isivn �fi �his
<br /> Assignment.
<br /> Lender. The wo�d "Lender" means F��e Points Bank, its successors and ass�gns.
<br /> No�e. Th� wvrd "Note" means�he pramissory note dated March ��, 2�16, in the vriginal principal amaunt
<br /> vf $4�,"�4'1.�� from Grantor to Lender, �oge�her with all renewals of, ex�tensions of, modifica�ians of,
<br /> refinancings ❑f, consolidatians af, and substi�utions fo�the promissory nate ❑r agreement.
<br /> Property. The ward "Property" means all ❑f Grantor's righ�, title and in��rest in and ta all �he Property as
<br /> described in the "Assignment" sec�ion vf�his Assignment.
<br /> Re[ated ❑vcuments. The words "Related D�cumen�s" mean all pr�missory no�es, credit agreements, laan
<br /> agreements, en�ir�nmental agreemen�s, guaranties, se�urity agreemen�s, mvrtgagesr deeds o� trust, security
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