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2� 1 �� 1575
<br /> ���t��v���� �� �����
<br /> ���r� [��p �����34�� �C��r�tin u�d� ���� �
<br /> 5e���a�ility. �f a court o� compe�ent jurisdi��ion finds any pro�is�an ❑f this Assignment t❑ be illegal, inWalid, ar
<br /> unenforceable as to any person or circums�an�e, that�inding shall nat ma�e#he v��ending pro�ision illegai, inva��d,
<br /> or unenforceable as �❑ any other person vr circumstance. If teasible. the ❑�#ending pro�ision shall be conside�ed
<br /> modified s❑ tha� i�becvmes legal, �alid and enfarceable. If the v��ending pro�ision cannot be so mod��ied, it shall
<br /> be considered deEeted from this Assignment. Unless otherwise required by law, the i�[egality, inWalidity. or
<br /> unen�orceabi�i�y ❑f an� Pro�ision at this Assignment shall not a�tect �he legalit�r, �alidi�y or enfar�eability vf any
<br /> other pro�ision v�this Assignmen�.
<br /> Suc��ssors and Assigns. Subje�t tv any limita�ions stated in this Assignment on transfer of Grantor's in�eres�,�his
<br /> Assignment shall be binding upan and inure �o �he bene�ri� of �he parties, their successors and assigns. l�
<br /> own�rship o�the Property becomes �es�ed in a p�rsan o�her�han Gran�vr, Lende�, without ntitice to Gran�or, may
<br /> deal w�th G�antor's su�cessvrs with reference to this Assignment and �he Indeb�edness by way ❑��orbearance ❑r
<br /> extension�vithout releasing Crantvr��om t�e obligatiflns of this Assignment a�liab3li�y under�he I�debtedness.
<br /> 1'im�6s o�th� �ssence. Time is❑f the essence in the perfarmance of this�►ssignment.
<br /> 1�la�w�e� o� Hom�s�e�� Exemp��on. Grantor herehy reEeases and wai�es al! rights and benefits a� th� homestead
<br /> exemp�ion laws ofi the Sta�e of 1Vebraska as�a a�! 1nd�b�edness secured by this Assignment.
<br /> �EFINIT'IQfVa. The �allowing capitalized words and terms shall ha�e �he �ollov►ring meanings when used in this
<br /> Assignment. Unless speci�ical�y s�ated �o the cvntrary, a�s references to dollar amounts sha�! mean amvun�s in law�ul
<br /> money of the United S�a�es of America. Wards and terms used in �he singular shall include the p�urai, and �he plural
<br /> shall include the singular, as th� �on�ext may require. Words and �erms not ntherwise de�ined in�his Ass�gnment shall
<br /> ha�e the meanings attributed to such terms fn the Unita�m Cammercial Cade:
<br /> A551�Y'1i�'1�P1�. The ward "Assignment" means�his ASSIGNMEfVT�F REIVTS, as this ASSfGiVMENT OF RE[VTS may
<br /> be amended or madi�ied �rom time�❑time, together with all exhibi�s and schedules a��ached to this A5SIGNMEIVT
<br /> �F R�fVTS�rom�ime�❑time.
<br /> �vrrv►�►er. The word "6arrawer" means RICHARD �]J�HfVS�N JR and CHR�STlNE L J�HNSQIV.
<br /> D�f�ui�. The word "Default" means the De�ault set�or�h in this Assignmen�in the sec�ion titled "Default".
<br /> Ev�e��of D���u��. The words "E�ent af ❑efiault" mean any❑�F th� e�ents of defaul�se��ar�h in this Assignment in
<br /> the de�aul�s�c�ian o�r�his Assignment.
<br /> Granto�. The word "Grantor" means RIGHARD D J�H[VS�fV JR and CHR15TIfVE L J�HiVS�N.
<br /> Guar�n�y. The wvrd "Guaranty" means the guaranty from guaran�or, endor�e�-, surety, or accommvdation par�y�o
<br /> Lender� inc[uding withvut limitatian a guaran�y of all or part vf the Nate. ���- ����--•,•�-������p•��•������� • �.��C.��:�.,
<br /> . � ;. , �
<br /> IB10���]��C��9�55. `�he word "Indeb�edness" means all principal. interest, and�o�her;ar]'�QUn�S,�G�S�S�a[iC��B3C�3en5�5
<br /> payable under the N��e ar Rela�ed ❑vcuments, together with all�renewals:of,.:ex�ension.s o�,:modi#�cations ❑f,
<br /> Gvnsolidations of and subs�i�utivns f�r the Nate or Re�ated Dacumerits and any�=amoun�s�{expended or-ad�anced by
<br /> Lender to dtscharge Gran�or's obligations or expenses incurred by Lender to en�orce Grantvr's obligativns under
<br /> �his AssEgnment, tvgether� with interest on such amvun�s as pro�ided in this Assignmen�t. Speci��cally, ►rvithvut
<br /> limitat�on, Indebtedness inciudes the �uture ad�ances set torth in the Fu�ure Ad�ances pro��sivn ❑� �his
<br /> Assignmen�, �agether with al! interes�thereon.
<br /> Lenc��r. The word "L�nder" means Fi�e Points Bank, its successors and assEgns.
<br /> Nv��. The word "N�te" means the promissory note dated fl�ar�h �5, 2fl16, �1� the ��'ll�0��0 �B'a[�Co��� ���4���
<br /> �� ���,���o�� from Grantor t❑ Lender. �ogether with a11 renewals v�. exfiensions o�r, modi�icativns of,
<br /> refiinancings of, Ganso[ida�ians o�, and substitu�ians�or the promissory no�e or agreement.
<br /> Pro�a��y. The ward "Prvper�y" means a�l af Grantvr's right, title and in�erest in and to a!1 the Proper�y as
<br /> described in the "Assignment" sectian a�this Assignment.
<br /> Rela�ecl Documen�s. The wards "Related Documen�s" mean all pramissory nates. credit agreements, loan
<br /> agreemen�s, en�iranmenta! agreemen�s. guaranties. securi�y agreements. mortgages, dseds of �rus�, securi�y
<br /> deeds, ca��aterai mnrtgages, and a!� ather instruments, agreements and documents, whether nvw vr h�r�after
<br /> exis�ing. e�cecuted in connec��an wi�h the �nd�btedness.
<br /> 6�en�s. The ward "Rents" means a!! �f Grantar's present and future rights, title and in�eres� in, to and under any
<br /> and al� p�esent and �uture Reases, in�4uding, without limitatian, a�4 rents, �e�ent�e, income, 155L��S, �vyalties,
<br /> bonuses, accaunts recei�able, cash ❑r security aleposits, ad�ance rentals, p�-ofits and pra�eeds from �he Property,
<br /> and ❑ther payments and hene#its derE�ed v�tv be deri�ed �rvm such leases of e�ery kind and na�ur�, v►rhe�her due
<br /> now or fater, including withou�lim�ta�ivn Grantor's right to en�arce such leases and to recei�e and �vlEect paymenfi
<br /> and p�viceeds thereunder.
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