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2� 1 �� 1575
<br /> ���������� �� �����
<br /> �.��� ��o ��������� ���r�t�r�u��� ���� �
<br /> na�cons�i�u�e Lend�r`s�onsent to�he use o�cash coi�a�eral in a bankruptc}�proceeding.
<br /> CF��,I�T�R'� REPF�ESE��►�`C�C��S AN�VVARRANTIES. �rantar warrants that:
<br /> Dwn�rship. �ran��r is entitled t� recei�re th� Rents free and cl�ar of all rights, ]vans, Iiens, encumbrances, and
<br /> claims except as dis�lvsed to and accepted by L�nder in writing.
<br /> Righ��o ►4ss�gn. �ran�or has the �ull right, power and au�hari�y to enter into this Assignmen� and to assign and
<br /> can�ey the Rents to Lender.
<br /> �a Privr ►�ssignmen�. Grant�r has nvt pre�iously assi�ned �r con�eyed �he Rents �o any o'ther person �y �ny
<br /> instrument n�w in#tirce.
<br /> I�o Fu���er T��ns��r. Grantvr wiil not se�4, assign, en�umber, ar o�herwise dispqse of�ny o�Gran�or's ri�h�s in the
<br /> �ents e�ccep'�as prt��id�d in th��AssE�nm�n�.
<br /> LE�II�ER'S R[C�-4T T� �ECEI!!E Ai�C� C�LLE�T �ENT'S. Lender sha�l ha�e �he righ� at any tim�, and even '�hough na
<br /> de�aul�shall ha�e ❑c�urred under th+s Assignment, t� collect and receiWe�he Ren�s, For th�s purpase, Lender fs hereby
<br /> giW�n and gran�ed the fo�lowing r�gh�s, powers and au�harity:
<br /> �o�ac� �a Tenan�s. Lender may �end notices to any and all tenants Qf �he Property ad�ising them v� th�s
<br /> Assignment and di�ec�ing a�f Rents t❑ be paid directiy�o Lender nr Lender's agent.
<br /> En����h� P�ap��y. Lender may enter upon and take p�ssession vf fihe Prvperty; demand, cvllect and recei�e �ram
<br /> �he tenants ar from any o�her persvns i�ab�e there�arf all of the Ren�s; institu�e �nd carry vn all �egaE pra�eedings
<br /> n�cessary �or the prvtec�ion �� the Proper�y. in�luding such praGeed�ngs as may be necessary tv r�car�er
<br /> posses�ivn a��he Praperty; �oll�ct th� Rents and remv��any�enant ar tenants or ath�r p�rst�ns from fhe Pra��rty.
<br /> f�ain��in$he Prope�ty. L�nder may �nter u�on the Property�� maintain the Prvperty �nd keep th� same in rep�ir;
<br /> �o pay the �nsts therea�and a� afl ser�ices o�ail em�layees, inc�uding tt�eir equipmen�, and a'�all continuing casts
<br /> and expenses❑f maintaining the Prvperty in proper repair and cvndition, and als��o pay a!i'�axes, assessments and
<br /> water u�il���es, and the premiums on fire and Qther insurance ef�ected by Lender❑n the Property.
<br /> Car�pli�nc� �vi�h Lav�s. Lender may da any and all �hings t� execute and camply w�th �he �aws of the State v�
<br /> Ne�raska and also all ather [aws, rule�, orders, ordinances and requiremen-�s of a�l ❑ther go�ernmen�a� ag�n�ies
<br /> af�ecting th� Pr�perty.
<br /> L��se�h� Pa�ope�y. Lender may ren�vr fease the who�e ar any par�vf the f'roper'�y�vr such�erm vr terms and on
<br /> suGh c�nditian� as Lender may d�em apprvpriate.
<br /> ��n�[oy ►�g�n�s. Lender may engag� su�h �gen� ar a�en�s a� Lender may d��m apprapria�e, ei�her sn L�nd�r's
<br /> r��me ar in Gran�ar's name,tfl rent and man�ge th�Property� including�h�cvi�eGtion and ap�liGatian o�R�nts.
<br /> C��hep ,Ac�s. Lender may dv a!! such o�her things and acts v►rith res�ect to �he Praperty as Lender may deem
<br /> app�vpr�ate and may a��exclusiuely and svlely in the place and stead ❑�Grantvr and to ha�e all vf the pawers a�
<br /> G ran�v�r fo�the purpase�stated abo�e.
<br /> �lo R�c�uirea�er�#�u A�t. Lender shai� not be required t� do any of the fnreg�ing acts ar things, and �he �ac�tihat
<br /> Lend�r shalf ha�e perfarmed one or ma�e ❑��he �ore�oing acts or things sha�� not require Lender �o d❑ any o�her
<br /> speGific ac�or�hfng.
<br /> APPLI�ATi�� ❑F REi�TS. Ail costs and expenses inGurred by Lender in conne��ian with �he Prop�r�y shal[ be �ar
<br /> �rant�r's accvunt and Lender may p�y su�h cos�s and expenses �r�m th� R�n�:s. �.ender, in its so�� discretian, shaii
<br /> determine the appliGativn �� any and a[I R�nts rece��ed by it; h�we�er, any such R�n�s recei�ed by L�nder which are
<br /> nvt ap�lied �v such cvs�s and cxpen�es sha�i b� appii�d tn �h� �ndehtedness. All expendi�ures made by L�nder under
<br /> �his Assignment and not reimburse� fram th� Ren�s sha�i I�ecome � par� ot �he indeb�edness �e�ured by this
<br /> Assig�men�, and shaEl �a� pay�h�e on dem�nd, wi'�h in��r�st��the No�e rate�rqm da��o€e�pendi�ure unti[ paid.
<br /> FULL PERFL�Rli�A�C�. �# Gr�nt�r pays all of fihe lndebtedness when due and othe�wise per�orms al� �he obli�a�ions
<br /> imposed upon Grantar unde�this Assignment,the fVate, and�he Related Qocuments, Lender shall exe�ute and deli�er ta
<br /> Grantvr a suitable sa�is�activn o�F�his Assignment and suita�le statements ofi�ermination a�any�inanGing statement�n
<br /> �f�e ��idencing L�nder's security �nter�st in the Rents and the Proper�y. Any terminativn fee r�quired by law sha�l be
<br /> paid hy Grantor, i#perm�tted by applicable law.
<br /> LE[��EFi'� EXPE��]�T"IJF��S, if any ac�ian or proc.e�ding is cc�mmenced that wou[d materially affe��t L�nder's intere�� in
<br /> the Prpperty ar i#Grantar f�ils ta comply w�th any pra�ision o��his Assignm�n�or any Relat�d Do�umen�s, including bu�
<br /> nvt limi�ed to Gran�Qr's�ailur��Ca discharge Q�pay�u�rhen due any amaunts Gran�rar is r�quired�o di�Gharge vr pay under
<br /> �his Asssgnment ar any Related Documen�s, Lender on Gran�or`s behal� may �but shal! nv� be phliga�ed tQ� �ake �ny
<br /> �c�ivn tha� L�r�der deems apprapri��e, including but nv� limited �o di�charging or payit�g a�� �taxes, �iens, s��uri�y
<br /> interesrs, enGumbrances and o�ther claims, at any tEm� le�ied❑r pfaced c�n the Rents or the Proper�y and paying all cos�s
<br /> for insuring, mai�ta�ning and pres�r�ing the Proper�y. All su�h expenditures �ncurred or paid by Lender for such
<br /> purposes wil!�hen bea�'in�er�s't a�the ra�e char�sd under the Nv�e f�am the date incurred a�paid by L�nder t�the date
<br /> o� repayment by �ran�tvr. A�I su�h expens�s wiff become a part v�the Indeb�edness and, at Lender's optivn, wili tA�
<br /> be payahle on demand; {B} be added �a the balance vf�h� fVo�e and be app�rtianed among and be payable with any
<br /> instaffinent payments tv �ecome due during ei�he�- �'1} the t�rm vf any applicabtie insuranG� policy; �r {�� �he
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