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i. � * 2� 1 ��2254 ASSIGN�II�ENT �F RENTS Lvan No: �i�'i�9424� ��ont�nued} Page 5 Assignment in the singular shall be deemed�❑ ha�� I�een used in�he plura� where the context and construction s� require. �� If more�han one persan signs this Assignmen�as "Grantor," the obligat�ons of each Gran�or are joint and seWeral. This means �hat if Lender brings a lawsuit, Lender may sue any one ❑r mQre ❑f �he Grantors. I�F Barr�wer and Gran�or are na�fihe same person, Lender need not sue Barrawer first, and that Barrower need nv�he jained �n any lawsui�. {3} The names giWen to paragraphs ❑r sections in �his Assignmen� are �or cvn�enience purpases❑nly.They are not�a he used ta infierpret or define the pro�isions ❑f�his Assignment. Nv Waiver t�y Lender. Lender shaI� nafi be deemed to ha�e wai�ed any rights under�his Assignmen� unless such wai�er is given in writing and signed by Lender. No deiay❑r omission ❑n the part vf Lender in �xer�ising any right shall operafie as a wai�er ❑f such righ� or any vfiher righ�. A wai�er by L�nder af a pro�ision ❑f fihis Assignment shali no� prejudice or consfiitu�e a wai�er of Lender`s righ� ofiherwise to d�mand stri�t compliance with �hat pro�ision ❑r any other prvWis�an ❑f�his Assignment. Na prior waF�er hy Lender, nvr any cvurse of dealing be�ween Lender and Granfior, shall Gvns�itu�e a wai�er o� any ❑f Lender`s righ�s or❑f any of Gran�ar's ❑bligations as�ta any �utu�-� transa��ivns. Whenever �he consenfi afi Lender is required under this Assignmenfi, the grariting ❑t su�h consent by Lender in any ins�ance shall no� �ans�i�u�e cantinuing consen� to subsequen� instan�es where such cansent€s requ�red and in all cases such consen�may be granted ❑�-withheld in the sofe discretion of Lender. Natices. Any nfltice required to 1�e gi�en under fhis Assignmen� shafl he gi�en in writing, and shall be effecti�� when ac�ually deli�ered, when actual[y recei�ed by �elefacs�mtle {unless otherwise required by law}, when deposi�ed with a nationally recognized a�ernigh��vurier, ar, if mailed, when d�pasited in�he United 5�a�es mail, as �irst class, certi�ied ❑r registered mail postage prepaid, dir�cted fia the addresses shown near�he b�ginning of fihis Assignment. Any party may chan�e i�s address tar nvti�es under�his Assignmen�f by gi�ing �armal written no�ice t❑ the ❑ther parties, speci�ying that the purpose af the na�ic� is fio change the par�y's address. For nv�ice purposes, Gran�ar agrees to keep Lender in�ormed at all �fiimes of Gran�or's curren� address. lJn�ess o�herw�se pravided or requir�d by faw, i� fihere is more �han vne Grantor, any natice �iWen by Lender t❑ any Grantar is deemed to I�e not�ce gi�en tv all Gran�ors. Powers of Attvrney. The �arious agencies and pvwers af attorney con�eyed on Lender under this Assignment are g�anted �Fvr purp�s�s ��securi�y and may not be �e�oked by Gran�or until such�ime as�he same are renvunced by Lender. 5everabi�ity. I� a caur� of compe�en�jurisdictivn finds any pro��sion ❑f�his Assignmenfi tv be illegal, in�al;d, or unen-Fo�-ceable as ta any circumstance, that finding shaI� no� make the o�tend�ng prv�ision illegal, inWalid, ar unen�orceab�e as �o any ❑�her circumstance. 1-� feasible, the a��ending pro�ision shall be cansidered modified sv that ��k hecames legal, �alid and en�Forceable. Ef the ❑�fending pro�ision cannot 1ae s❑ mvdified, i� shall be c�nsidered de�eted from this Assignment. Unless o�herwise requir�d hy law, �he illegality, in�afidity, �r unen�o�-ceabil�ty ❑f any praWisinn ❑f this Assignm�nt shall nat affec� �he legali�y, Walidity or en�orceability af any ❑ther pro��sion❑�fihis Assignmen�. Su��essvrs and Ass�gns. Subject�❑ any limi�a�ions sfiated in this Assignmen�on�rans-�er ofi Granfior's interest,this Assignment shall be binding upvn and inure �o �khe bene�it ❑f the parties, �heir successors and assEgns. lf �wnership of�he Property becomes�ested in a person o�her than Grantor, Lender, without notice�o Grantor, may deal with Granfivr's su�cessors wi�h reference �o �his Ass�gnment and the Indebtedness by way of forlaearance ❑r extensivn with�u-�releasing Gran�or from�he obliga�ions o�fihis Assignment ar�iab��i�y under�he Indeb�edness. Time is af the Essence. Time is o��he essen�e in the per�armance a�this Assignmen�t. . Vllaiver af Homesfead Exemption, Gran�or hereby releases and wai�es aIl righ�s and �ene�its of the homestead exemp�ion laws af�he 5fia�e o�Nebraska as�o all �ndebtedness secured by�his Assignment. . 1Nai�er of Right of Redemp��an. NDTVVITHSTAN�ING ANY DF. THE PR�V151�NS T� THE C�NTFiARY CONTAfNED IN THIS A551GNMENT, GRANTDR HEREBY WAIVES ANY AN❑ALL RIGHTS 4F RE�EMPTI�N FR�M SALE UNDER ANY �R1�ER DR JUD�MENT �F F�RECL�SURE �N GRANT�R'S BEHALF AND �N gEHALF QF EACH AN❑ EVERY PERSDN, EXCEPT J�DGMENT CREDiTDRS OF GRANT�R, ACQUIRING ANY 1NTEREST IN OR TITLE T�THE PRDPERTY SUBSEQUENT TD THE DATE QF THIS A55�GNMENT. � DEFINITIDNS. The �vllvwing capi�alized words and �erms shaii have the fallowing meanings when used �n �his Assignmen�. Unless specifically sta�ed tv �he can�rary, al� re�erences fio dollar amoun�s shall mean amounts in lawful money a�the United S�a�es vf Ame�ica. Wards and terms used in �he singular shall include �he p�ural, and �he plura� shall include�he singu�ar, as the context may require. W�rds and�erms na�o�herwise de�ined in this Assignmen�shall ha��the meanings attributed�ta such terms in the Uni�arm Cammercial Code: Assignmenf. The word "Assignmen�" means this A55�GNMENT DF RENTS, as fihis ASSI�NMENT�F RENTS may be amended ❑r modi-�ied from time�o�ime, �oge�her wi�h aI1 exhibi�s and schedu�es a�ttached to this AS5IGNMENT �F RENTS �fram time tv time. gorrower. The word "Borrower" means RICH & S�NS CAMPER SALES �F GRAN❑ 1SLAND ZNC, CHARLES A STAAg, ANTHDNY C STAAg and NICH�LAS R STAA6. De�au[t. The ward "De�au�t" means the De�auIt set�orth in�his Assignment in the sectFon�kitled "aefault". E�ent of De�aulx. The words "E�ent ❑t Defaul�" mean any o��he e�ents nf de�auIt set f�r�h in this Assignment in fihe detauit section of this Assignment.