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WHEN RECORDED MAIL TO: Five Points Bank North Branch 2015 North Broadwell Grand Island, NE 68803 111 FIvE POINTS BANK IIIII IIIII IIIII Ii I I IiN IIIII IIIII IIIII IIIII IIIII IIIII Ili 11 I IIIII I I III II IIIII IIIII IIIII IIIII IIIII IIII IIIII IIIII IIIII IIIII IIIII II * 000000000101297641011508102016* ASSIGNMENT OF RENTS FOR RECORDER'S USE ONLY r - ;t> � J cn cry THIS ASSIGNMENT OF RENTS dated August 10, 2016, is made and executed between J & B RENTALS, L.L.C., A LIMITED LIABILITY COMPANY (referred to below as "Grantor ") and Five Points Bank, whose address is 2015 North Broadwell, Grand Island, NE 68803 (referred to below as "Lender "). ASSIGNMENT. For valuable consideration, Grantor hereby assigns, grants a continuing security interest in, and conveys to Lender all of Grantor's right, title, and interest in and to the Rents from the following described Property located in HALL County, State of Nebraska: LOT 1, DENNIS SUBDIVISION, AN ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. The Property or its address is commonly known as 1410 W THIRD STREET, GRAND ISLAND, NE 68801. FUTURE ADVANCES. In addition to the Note, this Assignment secures all future advances made by Lender to Borrower whether or not the advances are made pursuant to a commitment. Specifically, without limitation, this Assignment secures, in addition to the amounts specified in the Note, all future amounts Lender in its discretion may loan to Borrower, together with all interest thereon. THIS ASSIGNMENT IS GIVEN TO SECURE (1) PAYMENT OF THE INDEBTEDNESS AND (2) PERFORMANCE OF ANY AND ALL OBLIGATIONS OF BORROWER AND GRANTOR UNDER THE NOTE, THIS ASSIGNMENT, AND THE RELATED DOCUMENTS. THIS ASSIGNMENT IS GIVEN AND ACCEPTED ON THE FOLLOWING TERMS: GRANTOR'S WAIVERS. Grantor waives all rights or defenses arising by reason of any "one action" or "anti- deficiency" law, or any other law which may prevent Lender from bringing any action against Grantor, including a claim for deficiency to the extent Lender is otherwise entitled to - a claim for deficiency, before or after Lender's commencement or completion of any foreclosure action, either judicially or by exercise of a power of sale. IV