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2� 1 ��4�77 ASS��NNi�IVT C]F F�ENT� Laan �[a: 1��9�5�7' �GC��7ti�l�ed} Fag� � d��faul�w�thin�ifteen ��5� days; or ��y i�th� cure requires more�han�i�r�e�n 4�5y days, imm�diately ini�ia�tes s��ps v►rhi�h Lender de�ms in Lendet's s�le discretion tv be su��E�i�n� to cure the default a�nd �hereafter can�inues and cvmpletes all reasonable and necessary st�ps suffiGient to prvduce cvmp�iance as svvn as reasonably practical. RI�HT�AND REMEQIES �N DEFAULT. Up�n�he aecurrence��any E�ent o�De�auf�and at any time therea�er, Lender may exeress� any�ne vr more a�the fofSav�ring rights and remedies, in addition�a any other rights �r �emedies provided by Iaw: A��er�#e lndebtedness. Lender shall ha�e the right a� it� optivn to dec[ar� the entire lndebtedn�ss imm�diate�y du�and payaafe, including any pr�payment penalty�hat Barrow�r wauid be required�a pay. Collect Rents. Lend�r shaii ha�e the righ#, withvu� nc��ice tv BvrrQwer vr Gran�or, �v tak� p�ssess�vn ❑f �he Property and �oliec� '�he �en�s, including amoun�s pas� due and unpaid, �nd app�y �he ne� pro�eeds, aW�r and a�a�e Lende�`� cos��s, against �he �nd�btedness. �n fur�herance o� this right, Lend�r sha�l ha�� all the rights pro�ided for in the Lender's Right �v ReceiWe and Cai�ec� Rents Section, abvve. l� the R�nts are c�!le��ed �y Lender, then Grantor ir�e�ro�abiy designates Lender as Grantor's a��orney-in�#a�t�v endorse instruments recei�ed in payment thereo�in�he name of�rantar and to nego�ia'�e the same and c�lle�t the pro�ee�s. Payments by�enan�s or ❑the� users �o Lender in respvnse to Lender's demand shaE� sa�is�y the abligations ��r which the paym�n�s are made, whether ar not any praper gt-vunds �v� �he demand e�cist�d. Lender may exercise its rights under this subparag�aph either in person, by agent. ar�hrough a recei�e�. �#her �emedies. Lende� shall ha�e a�E t�ther r��h�s and remedies proWided in �his assignmen� or �h� Nate or by law. Election v�Remedies. Elec�ian by Lender to p�ursue any r�medy shaii nat ex�iude pursui�o�any❑ther remedy, and an etectit�n to ma�e ea�penditures ar tv�ake �ction�v perfvrm an obli�a�ivn o�Grantor under�his Assignm�nt. a��er Gr�ntvr'��ailure to perfarm, shai� not affect�.ender's righ�ta d��iare�de�aul�and exerc�se its remedies. Attorneys' Fees; Expenses. �f Lender institu'�es any suit❑r a��ian t� en�ar�e an}� af fhe terms af this As�ignmen�, Lender shall be entitled �v reco�er su�h sum as the cour� may adjudge reasanab[e as a��arneys' #ees at tria� and upon any app�eal. 1111hether or nat any �vurt ac�ion ts in�olu�d, and ta the exten�t not prahEbified by la�v, ali reasonable expenses Lender incurs that in Lender's v�ainion are necessary at any time for the prvtection vf i�s in�eres�or�h� en'�arcement o-�i�s righ�s shafE becQme a par�v��he Indebtedness payab�e ❑n demand and shal! bear inte�est a��h� Nvt� �ate from the date of�he�xp�ndi�ure until r�paid. Exp�ns�s co�ered by�his�oar�grap�h inc�ud�, without �fmi�tatian, howe�er subjec�to any �imi�s und�r appli�abl� ia►nr, Lend�r's at�arneys' �ees and Lender's legal expen�es, whe�her Qr nat there is a iawsuitr �ncludin� at�arneys' feeS and expenses �ar bankruptcy prQ�eedings {inciuding ef�o�ts�a modi�y vr�aGa�e any automatic stay vr injunction}, appe�Is� and any anti�ipa�ed p�st-judgment callectian ser�ices� �he �os��s�arching recvrds, abtaini�g �itle repnrts �including �are�lasur� repar�s}, sur�eyars' repvr�s� and apRraisal tees, �itfe insurance. and ��s €�r �he T�uste�� to �he ex�en� permttted by applicabie iaw. . Gr�ntvr�lso�►s!l pay any cvurt casts, in addi�ian ta all othe�-sums pro�ided by[aw. MISCELLANE�US @R�V�St�NS. Th�#allowEng misce�lanevus pra�isions are a part af�his Assignrnent: Amendments. This Assignment, together wi�h any Refated Qocuments� cons�itutes the en�ire unders�and'+ng and a�reement �� the �ar�ies as to �he ma��ers set �arth �n �his Assignment. No af�eration of ar am�ndment �❑ this Assignmen# shall be �ffective un[ess gi�en in writing �nd signed by the party ❑r par�ies svugh� t❑ b� charged vr bvund by�he aftera�ion ar amendment. Cap�ion Headzngs. C��a�ion headin�s in�his Assignm�nt are �ar�on�enience purpases only and are na�#o be used ta in�erpr��ar de��ne�he pr�visivn�of this Ass�gnmen�t. �orrerninc� Law. This Assignmen� will be graverned by federal �aw app�icab[e to Lender and, ta �he ex�en� no# preempt�d by federa[law,�he [aws�f the St�te�f Nehras ka without regard�a its can��cts of iaw provisians. Th�s Assignment has been accep�ed by Lender in#he 5tate o�F Nebraska. Cheice tsf Venue. S��here is a I�wsui�, Gran�or agrees upon Lender's request ta submE�ta �he �urisdic�ivn of�he cvur�s of HaII County. State o�Nei�raska. Jaint and 5�vera� Liabi�ity. Aii ob[igations of Barrower and Gran�o� under t�is Assignmen� shall be joint and seve�al, and alf re�erences t❑Grantar sha11 mean�ach and e�ery G�antor, and a!I re�erences to Bvrrawer shall mean each and e�e�y 6arrv►rver. This means tha� each Grantar signing belvw is res�onsible fvr aii obii�a'�ions in this Assignmen�. Merger, Th�re �hall he no merg�r ❑f�he interest or esta�� cr�a�ed by �his assignmen� with any other in��rest �r �s�a�� in�he Prr�perty at any time held by❑r��r the bene'�i�❑f Lender in any capa�ity, wi�h�u��he writt�n consent of Lend�r. Infierp�e�ation. ��} ln ali cas�s where ther� is mare than one Borr�wer ar G�antor, �hen a!I wvrds u��d in �his Assignmenf in ths singuia�r shaE� be deemed �a have been used Rn the pEural where th� context and construction so require. ��} If mor��han ane p�rson signs this Assignmen#as "Gran�vrr" �he❑bligations o�each Grantor are�ain� and se�eral. ThEs means �hat sf Lender brings a lawsu�t, Lender may sue any ❑ne or mare ❑f the G rantor$. lf Bar�ow��and Grantor are no�the same persan, Lender need nat sue Borrower first, and that gvrrawer need nat be jained in any lawsui�, �3� The names giWen tv paragraphs �r sectivns in this Assignment are fvr cvn�enience purpases vnfy.They a�e no�tv be used to Ent�rpr�t or define#he �rv�isions o�this Assignment.