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2� 1 ��5192 <br /> ASS[GNNiENT �F RENTS <br /> Loan No: ��'I 297�'I 5 �C�ntitlued} Pag� 5 <br /> considered de[eted �rnm this Assignment. lJnless otherwise required by iaw, the i[legality, in�alidity, or <br /> unenfiorceability of any pra�ision o� this Assignment shall nat affect the legality, validity or enforceability o� any <br /> other prvv€sion�f this Assignment. <br /> Successors and Assigns. Subject to any limi�ations stated in this Assignment❑n transfer o�Grantor's interest, this <br /> Assignment shal[ be binding upan and inure fio #he benefit o� the parties, their 5L1CC�55D3'S and assigns. lf <br /> awnership ❑f the Property becomes �es�ed in a persan ❑ther than Granto�r, Lender, without notice to Grantor, may <br /> deal with Grantor`s successors with reference to this Assignment and the [ndeb�edness by way of f�rbearance or <br /> extension w�thout re�easing Grantor�ram the abligativns ❑f this Assignment ar Iiahility under the lnde�tedness. <br /> Time is o��he Essence. Time is❑t the essence in the performance vf this Assignment. <br /> 1Naiver of Homestead Exemption. Grantor hereby releases and wai�es all �-ights and b�ne#its ❑f the hamestead <br /> exemptivn Iaws of the 5tate vf Nebraska as to all Indebt�dness secured by this Assignment, <br /> DEFINITI�NS. The �ollawing capi�a[ized words and t�rms shall have the fvllaw�ng meanings when used in th�s <br /> Assignment. Unless specifica�ly stated to the con#rary, al[ re�erences to dollar amounts shall mean amounts in iawfiu[ <br /> maney of the United States o� AmerEca. Vllords and terms used in the singular shall inc[ude the pluraf, and the p[ura� <br /> shall include th� singular, as �he cvntext may require. VIlords and terms nat❑therwise defined in th�s Assignment shall <br /> ha�e�he meanings attributed�❑such#erms in the Uniform Commercia� �vd�: <br /> Assignment. The word "Assignment" means this ASS[GNMENT❑F RENTS, as this ASSfGNMENT flF RENTS may <br /> be amended or modifi�ed from fiime tfl tim�, together wEt� all exhibits and schedules attached t❑this ASSIGNMENT <br /> �F RENTS from�ime to�ime. <br /> Borrower. The word "Borrower" means NANCY P CASTAN�N. <br /> Defaulf. The wvrd "�efau[t" means the Default set f�rth in this Assignment in the sec�ion titled "Defauft". <br /> Event o#De�auit. The words "Event af Default" mean any of the e�ents of default set forth in this Assignment in <br /> the default sec�ivn of this Assignment. <br /> �rantor. The ward "Grantor" means NANCY P CASTAN�N. <br /> Guaranty. The word "Guaran�y" means the guaranty fram guaran#or, endorser, surety, or a�c�mmodatian party to <br /> Lender, including wifihout�imitation a guaranfiy❑f a[!or part vf the No�e. <br /> Indehtedness. The word "Indebtedness" means a11 princEpal, interes�, and ❑th�r amaunts, cvsts and expenses <br /> payab�e under the No�e or Relafed Documents, together with all �-en�wals at, extensEons o�, modi�icafiions ❑f, <br /> cvnsofidations of and substitut�flns fvr the Nofie or Related Documents and any amounts expended vr ad�anced by <br /> Lender ta discharge G�antvr's obligativns or expenses incurred by Lender to enf��ce Gran#ar's obligativns under <br /> this Assignment, �ogether with in�erest on such amounts as pro�ided in this Assignment. 5pecifically, without <br /> limitati�n, [ndebt�dness in�ludes the �uture advances set forth in the Future Ad�ances pro�ision of this <br /> Ass€gnment.tagether with a!� interest thereon. <br /> Lender. The ►nrord "Lender" means Fi�e Points Bank, its suc�essors and assigns. <br /> Note. The word "Note" means�he promissory note dated August 9, 2�16, In the vrig�nal prin�ipa� amount <br /> of $��.'I�'I,�� #rvm Grantar �o Lender, tagether with ail renewa[s o�, exfiensions o�, madifications of, <br /> refinancings of, cvnsolidatians of, and substitutivns for the pramissory nvte or agreement. <br /> Proper�y. The word "Property" means a[[ afi �rantar's right, title and interest in and to all the Prvper�y as <br /> described in the "Assignment" sectian of this Assignment. <br /> Related Documen�s. The words "Related Documen�s" mean all pramissvey nofies, credit agreemen�s, laan <br /> agreements, en�ironmentai agreemen�s, guaranties, security agreements, mo�tgages, deeds of trust, security <br /> deeds, ��[lateral mortgages, and all other instruments, agreements and documents, whether now or hereafter <br /> existing, ex�cuted �n connection with the lndebtedness. <br /> Ren#s. The wvrd "Rents" means all of Grantor's presen� and future rights, title and �nterest in, fiv and under any <br /> and all present and �uture Ieases, inc[uding, without limi�ation, al1 renfis, re�enue, incame, E55L�BS� royaEt�es, <br /> bonuses, accounfis recei�ab[e, cash or securi�y deposits, ad�an�e rentals, profits and praceeds from the Property, <br /> and other payments and benefits deri�ed or to be deri�ed fram such leases of e�ery kind and na�ure, whether due <br /> now ❑r [ater, inc�uding wi�hout limitatian Grantar's right t❑ enfor�e such feases and to recei�e and callect payment <br /> and proceeds thereunder. <br /> THE UNDERSIGNED ACI�N�VIILEDGES HAVING READ ALL THE PR�VISI�NS OF THIS ASSIGNMENT. TH15 <br /> ❑L]CUNfENT�5 EXECUTED �N AUGUST 9. �D"��. <br /> GRANT <br /> X � . <br /> � � <br /> �[ANCY P CAS <br />