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2� 1 ��5533
<br /> ASSIGNIVIENT �F RENTS
<br /> ��onti n ued} Page �
<br /> unenforceable as#o any person nr�ircumstance,�ha�finding sha1� not make the affending pro��sion iilegal, in�alid, �
<br /> v� unenforceable as t❑ any ath�r person ar �ircumstance. 1�feasible, the offend�ng pra�ision shall be cansidered
<br /> modifed s��hat it becomes legaf, vafid and enfar�eable. 1�the offending pro�ision cannvt be so m�dified, it shall
<br /> be �onsidered deleted �rom this Assignment. �nless otherwise required by law, the illegali�y, in�a�idity, or
<br /> unen�vr�eability �f any pro�isivn ofi this Assignment shall nat affect the legality, �a�idity vr enfvrc�ability of any
<br /> o�her p�ovision vf th is Assignment.
<br /> Successvrs and Assigns. 5ubjec�to any fimita�ians stated in�his Ass�gnment�n transfer of Gran�or'S intere5t,th�s
<br /> Assignment shall be binding upon and inure to the benefrt ❑� the parties, #heir successars and assigns. [f
<br /> ownership of the Property becomes�ested in a pe�son other�han Grantor, Lender,withaut nat��e ta Grantar, m�y
<br /> deal with Grantor's successvrs with reference to.�his Ass�gnment and the [ndebt�dness by way of fvrbearance ar
<br /> extensivn wi�hvut re[easing�rantor�rom the obliga�ions of this Assignment vr liabi�ity under�he Indebtedness_
<br /> Time�s of the Essenc�. Time is a�the essence in the performance of th�s Assignment.
<br /> Vllai�e Jury. All par�i�s to this Asssgnmen# hereby wai�� #he right ta any jury trial �n any ac�ivn, prviceeding, or
<br /> � coun#erclaim brought by any party agains�any other party,
<br /> Waiver af Homest�ad Exemption, Gran�or hereby rel�ases and wai�es al� rights and benefts of�he hamestead
<br /> exemp��vn laws a��he 5tate of Nebraska as�a all Indebtedness secured by this Assignment.
<br /> DEFlN1TI�Na. The folfowing �api�alized w�rds and terms sha[f ha�re the follavuing meanings when used in this
<br /> Assignment. lJnfess speci�ically stated to the cantrary, all re�er�nces t� do�la�-amounts shall mean amvunts in lawful
<br /> mon�y of�he United S�a��s vf Rmerica. Vllords and terms used in the singu�ar shaf! inc[ude �he plural, and the plural
<br /> shall include�he sin�u�ar, as the �ontex� may requ'rre. VIlords and terms no�o�herwise defned in this Assignment shai�
<br /> ha�e the meanings attr�buted ta su�h terms in the LJniform �vmmercial�ode:
<br /> Assignment. The word "Assi�nmen�" means this ASSI�NMENT�F RENTS, as this A5S[GNMENT OF RENTS may
<br /> be amended or modified from tim�to tEme, together vuith all exhibi�s and schedules a�tached to �his ASS�GNMENT .
<br /> �F REIVTS fram time tv time.
<br /> Borrowe�. The word "Borrower" means Gregory L Geis and 5andie S Geis. �
<br /> De�au It, The wo rd "[]e�a u It"means the D efau ft set fo rth in th is Assig n me nt in the section titled "D efa u�t"
<br /> E�ent of Default. The wards "EWent vf Default" mean any of th� events af defau�t set for�h �n this Assignment in
<br /> the de�ault section of this Assignment.
<br /> Grantvr. The wvrd "G ran�or"means Gregory L Geis and Sandie S Geis.
<br /> Guaran�y. The►nrord "Guaranty" means the guaranfy from guarantar, endorser, surety,or accomm�dativn party to
<br /> Lend�r, including without I�mita�ion a guaran�y of ail or par��f the Note.
<br /> Indebtedness. The word "Indebtedn�ss" means all principa�, interest, and other amnun�s, �osts and expenses
<br /> payable under th� N�te or Related Documents, together with all renewals of, extensivns ofi, modificativns o�,
<br /> consolidatians of and su�stitu�ivns for the IVate or Related ❑acuments and any amvun�s �xpended or ad�anced �y
<br /> ., . Lender�❑ discharge Gran�vr's vbligatians ❑r expenses incu�-red by Lender to en�arce Grantor's �b�igations under
<br /> #his Ass�gnment, �age�her inrith in�e�-est an such amaun�s as prvvided in �his Assignment. Specificaliy, wi�hout
<br /> limitation, lndeb�edness includes �he future ad�ances set fv�th in the Future Advan�es provision of th�s
<br /> Assignmen�,toge�her with all fnterest thereon.
<br /> L�nder. The wvrd "Lend�r"means Firs�National Bank of�maha,its sucG�ssors and assigns.
<br /> Note, The word "N o�e" means any and a�l of Barrower's fiabilities, ob�igations and debts to Lender, now existing
<br /> or h�reinafter incurred o�created, including,withaut limitation, all laans, advances, in�eres�, cos�s dehts, a�erdraft
<br /> indebtedness, credit card indebtedness, tease abliga#ions, liabilif'res and obligat�ans under inter�st rate protection
<br /> agreemen�s or foreign currency exchange agreements ar cvmmodi�y pri�e protec�ivn agreements,o�her�b�iga�ions,
<br /> � and liabil��ies of Bor�owe�- tagether with all modifications, increases, renevuals, and extension� af the
<br /> a�orem�ntioned. Additianally, hereby incorparated as if fully set forth herein are�he �erms and conditions of any
<br /> p�omissory no�e, agreement or other document �xecuted by gvrrower andlor Lender indicating �hf5 securi�y
<br /> instrument �r the proper�y describ�d herein shall be �ans�dered "Calla#eraf" securing such pramissnry note,
<br /> agreement, �r a�her instrument,or any s�milar re�erenc�.
<br /> Praper�ty. Th� wo�-d "P rvperty" means a�l a� G rantor's rig ht, title and interest in and. #o al1 the Properky �s
<br /> � describ�d in the"Ass�gnm�n�"section o��his Assignment.
<br /> Related Do�uments. The wo�ds "Related ❑ncumen�s" mean a�l promissvey nntes, credi� agreement�, lvan
<br /> agr�ements, en�ir�nmental agr�ements, guaranties, security agreements, martgages, deeds of trust, security
<br /> deeds, �Qlla�eral mortgages, and all other instrum�n�s, agre�ments and documents, whether now vr herea�ter
<br /> existing;ex�cu�ed in c�nneGtion with the �ndebtedness.
<br /> Rents. The wo�-d "Rents" means alf Qf Grantor's pr�sent and futur� rights, titfe and �nterest in, to and und�r any
<br /> and a�l present and futur� leases, including, withvut limitatian, all rents, revenue, incvme, fSSLIBS, royalties,
<br /> bonuses, accounts recei�rable, Gash ar security depasits, advanGe rentafs, profits and proceeds from the Prap�r�y,
<br /> � and ather payments and b�nefits d�ri�ed or to be derived from such leases o�e��ry kind and nature, whether due
<br /> nvw ❑r later, �nGluding wi�haut limitation Grantor's right ta enforce such feases and�a recei�e and coffec�paymen�
<br /> and proceeds thereunder.
<br /> THE UNDERS[CNED AGKNa1NLEDGES HAVING READ ALL THE PF��VISI�NS QF THlS A551GNMENT. TH15
<br /> DC]CUMENT IS EXECUTE❑QN AUGUST 2�,201 S.
<br /> GRANTDR:
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<br /> Gregory L �s .
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<br /> 5andie 5 �eis
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