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) O) 0) CO 01 WHEN RECORDED MAIL TO: Five Points Bank Attn: Diers PO Box 1507 Grand Island, NE 68802 -1507 FIvE P0INTs BANK IIIII IIIII IIIII IIIII IIII IIIII Illfl II 11 II fllh IIIII IIIII IIIII full IIIII Ilhl IIIII IIIII IIIII hill IIIII illl III I IIIII IIIII IIIII II * 000000000101298343011509162016* FOR RECORDER'S USE ONLY IIIII 111 11111111 r--r c :7, — ta N CD > v: rn f/) ASSIGNMENT OF RENTS THIS ASSIGNMENT OF RENTS dated September 16, 2016, is made and executed between LORI K CLEVELAND and RICHARD L CLEVELAND; Wife and Husband (referred to below as "Grantor") and Five Points Bank, whose address is 2009 N. Diers Ave., 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 One (1) and the East Fifteen feet (15') of Lot Two (2), in Block Seven (7), in the Original Town of Doniphan, Hall County, Nebraska The Property or its address is commonly known as 208 N 1ST ST, DONIPHAN , NE 68832. 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 12) 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. BORROWER'S WAIVERS AND RESPONSIBILITIES. Lender need not tell Borrower about any action or inaction Lender takes in connection with this Assignment. Borrower assumes the responsibility for being and keeping informed about the Property. Borrower waives any defenses that may arise because of any action or inaction of Lender, including