|
2� 1 ��284�
<br /> �4�5�t�N�1��I�T �F 1��1VT�
<br /> ���n�ltl��d� Page �
<br /> Natices. Any notice required to be given under this Assignment shaii he given in writing, and sha�i �e eff�ctive
<br /> when ac�ually d�iivered, when actual�y recei�ed by telefacsimile �unless otherwise required by !aw}, when
<br /> deposi�ed with a nationa)Iy recvgnized overntghf�aurier, o�, if mailed, when depasited in the LJnited S�a�es mail, as
<br /> first class, certified vr registered mai! postage prepaid, directed�o the addresses shown near the beginning ❑f this
<br /> Assignmen�. Any party may�hange i�s address�ar notices under#his Assignment by gi�ing forma� uv�i�fen notice
<br /> t❑ the ��her part�es, speci�ying that the purpose o� the notice is ta �hange the party`s ad�iress. Far notice
<br /> purpvses, �rantor agrees tv keep Lend�r in�ormed at all �imes af �rantor's curren� address. Unfess ��her-wise
<br /> pro�ided ar �equired by �aw, if there is more than vne Gran�or, any notice gi�en by Lender t� any Grantor is
<br /> deemed tv �e no��ce given#a all Gran�ors.
<br /> Pawers af Attvrney. The various agencies and powers of attorney con�eyed c�n Lender under this Ass�gnment are
<br /> granted far purposes of security and may not he revoked by G�antor until such time as the same are renaunced by
<br /> Lender.
<br /> 5e�erabil�ty, f�a court ❑f cvmpetent jurisdiction finds any pro�isian of this A�signment to be iIlegal, inva�id, ar
<br /> unenf�rceable as to any persan ar�ircumstanc�,th�t finding sha�! no�make the o�fending pravisian illegal, invalid,
<br /> or unenforceable as tv an�vther person�r cir�umstance. ff�easible, #he vfF�nding prov{sion shall �e considered
<br /> mndified sa�ha�it beoomes legal, �alid and enforceabte. If the o�fending provisian cannot be so modified, it shail
<br /> be considered deleted from this Assignmen�. Unl�ss otherwis� required by law, the ilfegali#}�, in�alidity, or
<br /> unenforceabilit�of �ny provision af this �Issignmenfi shal� nvt affect �he legaiiiy, val�dity or enforceabi�ity of any
<br /> other prvvision o�F this Assignment.
<br /> Successflrs and Assigns, Subjec�ta any limitations stated Fn this Assignment vn�rans�er of Gran�or's�n�erest,this
<br /> Ass�gnment sha[� be binding upan and inure to the heneftt of the parties, th�ir su�cess�rs and assigns. If
<br /> ownership o�the Properky becomes�ested in a person other than Grantvr, Lender, withaut natice to Grantnr, may
<br /> d�al with �rantor's successvrs with re�erence t� this Assignmen�and the indeh�edness by way a�fiorbearance ar
<br /> extension v+rithout releasing Grantar fram the obligatians of�his Assignment or liability under the lndebtedness.
<br /> Time is af the Essencs, Time is a�the essence�n�he performance af�his Assignm�nt.
<br /> �Nai�e Jury, All parties to �his Ass�gnment hereby waive the r�gh#tv any jury tria! in any activn, proceeding, ar
<br /> count�rGlaim brought by any par-#y against any vther party.
<br /> Vlrai►re� c�f Homestead Exemptivn. Grant�r hereby releases and waives al� rights and b�nefits of the homes�ead
<br /> exemp�ion lav�rs vfi th�S�a�e v�Neb�aska as ta al� Endebtedness�ecu�ed by this Assignment.
<br /> Wa�v�r af Right o� Redem��ion. NDTV111TH5TANC�lNG ANY �F THE PF�QV151�NS T� THE G�NTRARY
<br /> C�NTAINED lN THiS ASSfGNlVIENT, GRANTQR,HERESY V11AlVE5 ANY AND ALL RI�HTS C7F REDEMPTi�N FRaM
<br /> SALE UNDER ANY �RDER �R JUD�MEIVT QF FQRECL�SURE �N GRANTflR'S BEHALF AN❑ �N BEHALF �F
<br /> EACH AN17 EVERY PERS�N, E)CCEPT JUDGMENT GF�EDITaRS �F GRRNTQR, ACC��JIRING ANY INTERE�T IN DR
<br /> TITLE T�THE PR�PERT'�SUBSEQUEIVT TC]THE❑ATE C�F THlS ASS�G�MENT.
<br /> DEFIN�TIONS. The �oliawing capi�a�i�ed words and terms shall have �he fallowing mean�ngs when used in this
<br /> Rssignment. Un€ess specifical�y s�at�d ta the cantr�ry, a�l refe�-ences to d��lar amvunts shall mean amounts in lawful
<br /> mvney of the LJnited States of Ame�ica. V1lords and terms used in the singular sha�� �n�lude �he plural, and �he plurai
<br /> shail include the singu�ar, as the cant�xt may requ�re. Wards and terms no�vtherwise de�ined in �his Assignm�nt shall
<br /> hav��he meanings attr�but�d tv such tet�ms in the Un�form Camme��ia!Gode:
<br /> Assignmer��. The ward "Assignment"' means this AS5IGNMEhlT�F R,ENTS, as�his ASS��NMENT�F RENTS may
<br /> b�amended or madified �ram tim� to time, together with a�l exhibits and sGheduies attached �o this ASSl�NMENT
<br /> �F RE NTS fr�m ti m e�a ti m e.
<br /> 6vr�-awer. The ward "Borrower"m�ans JEN Rentals, L.L.�.;John E Nowicki; Jennifer L N�v,ricki; Rick's Fertifizing,
<br /> L.L.C.;and Rick's Lawn Care Gv..
<br /> Default. The word "Default"means the Default s�t forth in this Ass�gnment in th�sectivn�itle� "D�faul�".
<br /> Event of Defau�#. The wvrds "Event of Defaul#" mean any o�th� e�en�s of de�ault se��orth in this Ass�gnment in
<br /> �he default sectivn ofi this Assignment.
<br /> Grantar. The word "Grant�r"means John E Nawicki and Jennife�-L Novvi�k�.
<br /> Guaran�y. The word "Guaran�y" means the guaranty fram guarantvr, endorser, surety, or accomm�dati�n party to
<br /> Lende�, includ�ng without limitation a guaranty of a�l❑r part v�the Note.
<br /> �ndebtedness. The word "Indebtedness" means a�l pr�ncipal> interest, �nd vther amounts, cvsts and expenses
<br /> payable under the Nvte ar Relat�d Dvcuman�s, toge�her with ail renewals af, ex�ensions af, modificatians of,
<br /> �onsolidatians of and su�sti�utions for the hlvte❑r Relat�d Dacum�nts and any amounts expended�r advanced by
<br /> Lender to discharge Grantor's obligatians or expenses incurred hy Lender to enforce �rantar's ahligations under
<br /> this Assignm�nt, tagethe� with interest on such �mvunts as provide� in �his Assfgnment. 5pecificaliy, without
<br /> iimftation, Indebtedness includes the �utur� advances set forth in th� Fu#ure Ad�anc�s provisi�n o� this
<br /> Assignm�nt, together with al�interes�therevr�.
<br /> L�nder. The►nrard "Lender"means First Na�ional Bank�f�maha,its successa�s and assigns.
<br /> No�e. The wa�-d "Note" means any and alf of Borrawer's �ia�ilities, obfigations and debts to Lender, now ex�s�ing
<br /> or hereinafter incurred or created, including, wi�haut�im�tatian, a�l I�ans, advances, intere�t, cQs�s debts, o�erdrafit
<br /> inde�tedne�sT CI"�C�Et �ard inde�tedness, �ease �hligations, liahflities and ohligations under interest rate protection
<br /> agreements ar foreign currency exchange agreements vr commodity price protection agreemen�s, ather obligations,
<br /> and liab��ities vf gor�ovver fogether with all modifications, in��-eases, renewa�s, and ex#ensions of the
<br /> afor�ment�oned. Addi�ional�y, he�eby incarparated as if �uliy se��arth herein are the terms and conditians �f any
<br /> prvmissory n�te, agreement ar a�her document exe�ut�d hy Barrowe�- andlor Lender ind�cating this seGurity
<br /> instrument or the property descrihed herein shail bs cans�d�red "�oi�ateral" s�curing SUCh p�omissary note,
<br /> agreement, or other instrum�nt,or any similar reference.
<br /> Prope�ty. The word "Prope�ty" m�ans a�l vf Grantor's right, title and �nterest in and tv a!! the Praperty as
<br /> described in the"Ass�g n m ent°'s�ct�an afi this Assig nm�nt.
<br /> Refated Dacumsnts. The wards "Related �ocumen�s" mean all prom�ssary notes, crsdit agr�ements, Ioan
<br /> agre�ments, environmenta� agreements, guaranties, security agreements, mattgages, deeds af trust, security
<br /> deeds, coffateral mo�tgages, and aii other instruments, agreements and daGumen�s, wheth�r now or he�eafiter
<br /> existing, executed �n c�nne�tion with th� lndebtedness.
<br /> Rents, The word "Rents" m�ans alI of Grantor's presen�and future rights, ti�le and interest in, ta and under any
<br /> and a�l present and future leases, inc�uding, w�thout iimita�ion, a�l rents, revenue, income, issues, royalties,
<br /> h�nuses, accoun�s receivahle, cash ar security deposi�s, advance rentals, prvfits and proceeds from the Property,
<br /> and other payments and benefi�s deri�red ar ta be derived �rom such leases af ev�ry kind and nature, whether due
<br /> now or Ia�er, including withau�limita�ion Grantor's right�a enforce such leases and to �e�eive and calfect paymen�
<br /> and proceeds�hereunder.
<br />
|