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2� 1 ��284�
<br /> AS���N�lEN7` �F R�hlT`�
<br /> ��a�tir�ued} Page �
<br /> notice❑�the creditor ar�arFeiture pr�ceeding and deposits with Lender monies or a surety�nnd far the creditar or
<br /> �orFeiture proceeding, in an amount determined by Lender, in its sol� �iiscre�ian, as be�ng an adequate reserve flr
<br /> bond f�r the dispute.
<br /> Praperfy Damage or Lass. The Prope�ty is��st, stolen, substantially damaged,s�ld, ar borrawed against.
<br /> E�en�s AfFe�ting Guaran�ar, Any❑f�he pre�eding e�ents occurs with r�spect to any guarantor, endorser, surety,
<br /> or ac�ommadat�on par�y of any v�f the [ndebtedn�ss vr any guarantar, endorser, surety, �r acc�mmodation party
<br /> dies ❑r becames in�ompetent, vr revakes or disputes the �a�id�ty af, �r liability under, any Guaranty ❑f the
<br /> I ndebtedness.
<br /> Adverse Change. A material adverse change accurs in G�antor's financiai cvnditi�n, ❑r Lender be�ie�es the
<br /> praspect�f payment or perFarmance of�he lndebtedness is impaired.
<br /> InseGurity. Lender in good�aith believes i�s�lf inse�ure.
<br /> RIGHTS AND RENIEDl�S C3N DEFAULT. Upon the occurrence af any E��nt vf Default and afi any t�me thereafter, Lender
<br /> may exercise any ane❑r mo�e of the�allowing r€ghts and �em�dies, in addi�i�n to any other�ights�r remedies prov�ded
<br /> by law:
<br /> Accelerate lndebtedness. Lender sha�� ha�e the right at its option to d�clare the entire fndeb�edness immediately
<br /> due and payable, �ncluding any prepayment penalty that Sorrovuer v�rou�d he requ�red�o pay.
<br /> Cc�l�ect Ren�s. Lender shall ha�e the right, wi�hvut na�ice to Bvrrav,�er or Gran#ar, ta fake p�ssess�vn vf the
<br /> Property and colle�t the Rents, �ncluding amounts past due and unpaid, and apply the n�t proceeds, aver and
<br /> above Lender's casts, against the Inde��edness. !n furtherance of this right, Lend�r sha�! have a!I �he rights
<br /> prav�ded far in th� Lender's Right to F�eceive and CalIect Rents Section, abave. I� the Rents are colle�#ed hy
<br /> Lender,then �rantar irre�rocably designates Lender as �rantor's atta�-ney-in-fact t❑ endarse instruments recei�ed in
<br /> payment the�evf in the nam�af Grantor and to negat�ate the same and collect the praceeds. Paymen�s by tenants
<br /> ❑r athe� users to Lende� �n response tv Lender's demand shall sa�isfy th� ob�igations for wh�ch the payments are
<br /> made, whether ❑r not any proper grounds for the demand existed. Lender may exercise its �ights under �h�s
<br /> subparagraph either in person, by agent,or#hraugh a rec�iver.
<br /> U#her Remedies. Lender shall ha�e a�l ather r�ghts and remedies p�o�ided in this Assignment or the Na�e or hy
<br /> law.
<br /> Election v�Remedies. Election by Lend�r t� pursue any remedy shall na�exciude pursuit vf any ather remedy, and
<br /> an e�ectian to make expenditures o�ta take action ta per�arm an ob�igation of Grantor under this Assignment, a�#er
<br /> Grantor's faifure t� perfvrm, shall not af�ect Lender's right ta deciare a default and exer�ise its remedies.
<br /> Attarn��s` Fe�es; Expenses, If Lender institutes any suit or a�tivn�o enfflrce any of the terms af th�s Ass�gnment,
<br /> Lender�ha1i be entitled to r��o�er such sum as the c�ur� may ad�udge reasonab�e as atto�neys'fees at tria� and
<br /> upan any app�al. Whether ❑� not any ��urk a��ion is in�olve�, and #o the extent nat pr�hibited by �aw, ail
<br /> reason�ble expenses Lender incurs tha� in Lende�'s �pinian are necessary at any t�m� fo� th� protection of its
<br /> in�erest or the enforcement of its righ�s shaf� be�ame a part❑f the lndeb�edness payable on demand and shall bear-
<br /> interest at the Nn��rate from�he dat�of the expenditure until repaid. Expens�s cavered by this paragraph inc�ude,
<br /> wi�hau� �imi�at�on, however sub�ect ta any I�mits under appli�able law, Lender's afi�orneys'f�es and Lende�'s lega!
<br /> ex�nses, wheth�r or n�t there is a iawsui�, in��uding attorneys' �ees and expenses for bankrup�cy proceeding�
<br /> �i nci udi ng effiorts t�mod ify or va�ate any au�omati c stay or i nJ u nc�ivn}, appeals,and any ant�ci pa�ed p�st�udgment
<br /> callection services, the cast a�searching rec�r��, v�#ainir�g title reports tinciuding foreclosure repar�s}, surveyars'
<br /> reparts, and appra�saf fees, �itle insurance, and fees for the Trustee, to the e�tent permi�ted by applicable law.
<br /> �rantor a�sa wil�pay any cou�t costs, in�d�ii#�an to all vthsr sums prv�ided by law.
<br /> ELE�TRON�C C�PIE�. Lender may cvpy, el�ctr�niGal}y or ot�,srv►,ise, and thereaf�e�- destrny, the originals of this
<br /> Agreem�nt andl�r Re�ated Documen�� in the reguia� course af Lender's business. A!1 such copies produced from an
<br /> e�ectronic fiorm vr by any other reliab�e means �i.e., photograph�c ima�e ar facs�mi�e} shaf! in al� respects be�ansidered
<br /> equivalent tv an original, and gorrower hereby wa��es any righ�s or abJectivns�o th� use o�such copies.
<br /> IV�iSCEL�.�4NEDl1S Pft�VISlDNS. The following miscellanevus provisians a�e a part of this Assignment:
<br /> Amendmen�s. This Assignment, �ogether wi�h any Rela�ed aocum�nts, �onstitutes the entire unders�anding and
<br /> agreemen# �f the parties as to the ma�ters set fi�rth in this Assignmenfi. No aiteratian vf v� amendment to �his
<br /> Assignment sha�l be effe�tive unless given in writing and signed by the party or parties �ough� tv be charged or
<br /> bvund by the alteration or amendment.
<br /> Cap#ion Headings. �aptian h�adings in this Assignment are f�r conven�enc� purpases�nly and are not ta be used
<br /> to interpret or defne�he prvvfs�vns�f this Ass�gnment.
<br /> Gaverning Law. This Assi�nment w�ll he governed k�y federal !aw applicable to Lender ar�d, tv the exfent not
<br /> preempted by federa! law,the �aws of th�S#a#e of Nebraska withvut regard to its conflicts a�law pravisions. Th�s
<br /> Assignment has�een accep�ed by Lender in th�5tate vf Nebraska.
<br /> Cho�ce of Ven�e. �f�here is a [awsu�t, Grant��-ag�ees upon L�nder's reque�t ta submit t❑ the jurisdic#ian o�the
<br /> cour�s a�f Ha!f Cau nty, 5tate of Nei�raska.
<br /> Jaint and Severa! Liabiii�y. AI� c�bliga�ions vf B�rrawer and Grantar under �his Assignmen� shall be �oin� and
<br /> several, and ali refer�nces to��rantar shall mean each and every�rantor, and all refe�ences t❑ Bar�awer shail mean
<br /> each and e�ery gflr�-�wer. This means that each �rantnr signin� b�lovv is resp�nsible for a�l obligations in �his
<br /> Assignment.
<br /> Merger. There shall he no me�ger vf the �n#erest or estate created by this assignment wi�h any ather interest or
<br /> �stat� in the Froperky at any time held by or fvr the benefit ❑f Lender in any capaci�y, without the written c�nsen#
<br /> ot Lender.
<br /> Int�rprefatian. �'I} ln a�l cases where �here is mare than one Borrower or Grant�r, then al� words us�d in this
<br /> Assignment in fihe singular sha�� be deemed tfl have been used in the plural where the contexfi and cvnstructian so
<br /> require. ��} I�mare than one person signs this Assignment as"Grantor,"�he ob�igatians af each Gran��r are�oint
<br /> and s�veral. This means that if Lender brings a lawsui�, Lender rnay sue any vne vr more �f the Grantors. If
<br /> Borrower and�rantor are not the same person, Lender n�ed nvt�ue Borrower first, and that Bor�-vwer need nat be
<br /> joined in any la�nrsui�. �3� The names gi�en ta paragraphs o� s�ctions �n �his Assignment are �ar �an�enience
<br /> purp�ses only.They are not ta be us�d tv interpre�or define�he prvvisions o�th is Assignment.
<br /> N� Wa�ver by Lender. Lende�shall nvt b�deemed ta have wai�ed any righ#s under this Assignment unless su�h
<br /> wai�er�s gi�en in writ�ng and s�gned by Lender. No delay ar amission pn the part of Lender in exercising any right
<br /> sha�# Qper�te as a waiver of su�h right or any ❑ther right. A waiver by Lender vf a pro�ision ofi this Assignm�nt
<br /> shall not pre�udice ar constitute a waiver of Lender's right ❑therrrvise to demand str�ct compl�ance with that
<br /> prflvision ar any ather pro�ision of this Ass�gnment. Na prior�rvai�er by Lender, nor any cours�of dealing betw��n
<br /> Lender and ��an�or, shaf� cvnstitu#e a waiWer af any vt Lender's rights or vf any v��rantor's ❑bliga�ions as�v any
<br /> futur� transactions. Whene�er the �vnsen� of Lender is requi�-ed undsr #his I�ss�gnment, the granting o� such
<br /> ��nsen� by Lender in any instance shali nat consti#u#e continuin� cansent ta subsequent �nstances where such
<br /> cansenf is r�quired and�n ail cases such consent may be gran�ed or withheld in the sole d�scretivn of Lender.
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