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<br /> WHEN REC�RDE� MAIL T�:
<br /> � First National Sank af amaha
<br /> Branch#D 7 Q �Grand�siand Branch
<br /> 8'1 Q Allen❑r
<br /> Grand ls�and NE 6 8 8 0 3 � FDR RECORDER'S USE�N LY
<br /> ■ .
<br /> ��� ,� ���� ��
<br /> � 5848�82424'I 6'�
<br /> � AS�[�N�II ENT �F F�ENTS
<br /> THIS ASSI�NMENT �F RENTS c�ated August �4, �0'��, is made and execut�d be�ween Eri�e$
<br /> Enterpri��s, L.L.G. �referred f� be�ow a� ""Grantor"} and First Na�ional Bank of �maha, whose
<br /> address is $'�� Ailen Dr, �rand lsfand, NE C88D3 {referre� to helow as "Lender"}.
<br /> ASS.I�N M ENT. For vaiva��e �vnsidera�i�n, �ran#�r hereby assigns, grants a con��nuing secur`rty
<br /> �nferes� in, and canveys t�.Lender all of Gran�or's r�ght, �itl�, and inter�st in and �o the R�n�s
<br /> fr�m the fall�w�ng d�scribed Praper�y ��Gated in Ha[I C�unty, S�ate of N�braska:
<br /> � 5ee Exhibit '�A�', which is a��ached �fl �his Assignm�n� and made a par� �f�his Assignment
<br /> as if fully set for�h her�in.
<br /> The Property or�ts address is commonly knavrrn as 'I'I'I� 'V'1�'l�oen6g, Crand ls[and, NE C88D'i.
<br /> �R�SS�C�LLATERALI�ATIC]N. ln addition to th� Nate, this Assignment secures a[I obligations, deb�s and liabilities,
<br /> plus in�erest therevn, vf ei�her Grantor or Bo�-rawer t❑ Lender, vr any one ar more o�them, as well as a�l c�aims by
<br /> Lender against Ba�rower and �rantar or any one or mo�e of them, whether naw exis#ing vr hereaf�er arising, whether
<br /> rela#ed or unre�ated to the purpo�e vf the Note, whe�her v�luntary or q�hen�vise, whether due or nof due, direct or
<br /> in�irect, determined or undetermined, absalute nr cvn��ngent, �iquidated �r unliquidat�d, whether Bvr�ower or Grantor .
<br /> may be fiable indi�idually or jvintly with athers, whether obligated as guarant�r, surety, accommodatson par�y or
<br /> ❑therwise, and whethe� re�overy upon such amoun�s may be or hereafter may become barred by any statute af
<br /> Iimitations, and whe�her �he obligation to r��aay such amounts may be or hereafter may became �therwise
<br /> unenforceable. �
<br /> THIS ASSIGNIL�IENT IS GIVEN TD SECURE �'f� P�4YM�NT�F THE INDEBTEDNESS AND �2} PERFDRMANCE�F ANY
<br /> AN�AL.L DBLIGATIDNS�3F IBaRR�WER AND GF�ANT�R UNDER THE N4TE,TH15 ASSIGNIVIENT,AND THE RELATED
<br /> D��UMENTS. THIS ASS�GNMENT IS CIVEN AND ACCEPTED�N THE F�LL�WING TERMS:
<br /> GRANTDR'S�1VAIVERS. Grantor wai�es aIl �-ights ar de�enses aris�ng hy reason of any"ane�action"ar"anti-deficiency"
<br /> �aw, o�- any other �aw wh�ch may prevent Lender fram bringing any ac�ion against Grantor, incf uding a claim �or
<br /> deficiency fo the ext�nt Lender is vtherwise entit�ed #o a cia�m €or deficiency, hefore or after Lender's commencemen�
<br /> ar camp�etian af any�orec�osure action, ei�her judicialfy or by exercise a�a power of sale.
<br /> BDRRQIJUER'S VIIAIVERS AND RESP�NSIBILITIE�. Lender need no�tel! Bvrrowe�about any act�on or inaction Lender
<br /> takes in cvnnection w�th this Assignment. 8orrow�r assumes the responsibility �or being and keeping informed abou�
<br /> the Property. Borrower waives any defenses #hat may arise be�ause af any activn or inacti�n o� Lende�-, fncluding
<br /> without limita�ion any �ailure a� Lender to reafize upan the Property, or any delay by Lende€� in realizing upan the
<br /> : . Property. Borrawer agrees tv remain lia�[e under the Note wi�h Lender na matter what action Lender takes or fiails t❑
<br /> take under this As�ignment.
<br /> PAYMENT AND PERF�RMANCE, Except as o�herwise prn�ided in this Assignmen�o�any Re�ated Da�uments, Grantar
<br /> shall pay to Lend�r al[ amounts secured by �hi� Assignment as they be�ome due, and shall strictly perForm all �f
<br /> Gran�or's abEigations under this Assignment. Unless and un�il Lender exe�-cises its right to coll�ct the Ren�s as pro�ided
<br /> below and sa long as there is no de�aul� under th is Assignmen�, Grantvr may remain in possession and contral af and
<br /> aperate and manage the Property and collect the Rents,pro�ided tha�#he granting of the right tv c�llect the Ren�s shall
<br /> not�onstitute Lender`s cansent to the use a�cash coflateral in a bankruptcy proceeding.
<br /> GRANTDR'S REPRESENTATI�NS AND�JV►4RR►4N�'IES. G.rantor warrants that:
<br /> Qwnership. Gran#or is en����ed to recei�e the R�nts free and clear of all rights, loans, liens, �ncumbrances, and
<br /> claims ex�ept as discfosed�o and accepted by L�n�er in v+rriting.
<br /> Right�o Assign. Grantvr has�he �ull right, �ower and auth�rity t� enter in�n this Assignment and to assign and
<br /> con�ey�he Rents ta Lender.
<br /> Na Prio�-Assignmen�. Grantvr has not preuiously assigned ar con�eyed �he Rents to any vther person by any
<br /> ins�rumen�naw in�Force.
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