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2� 1 ���32�
<br /> ASSI�NIVIENT �F RENTS
<br /> Laan No: '!�'1298�79 �Continued} Page 5
<br /> re�uire. ��} I�mvre than ❑ne person signs this Assignment as "�rantar," the vbligations of each Grantar are joint
<br /> and se�eral. This means tha� if Lender brings a lawsui�, Lender may sue any one or mo�e o� the Gran�ars. If
<br /> Borrawer and Granto� are not the same persvn, Lender need na�sue Bnrrawer first, and that Bor�ower need no�be
<br /> joined in any lawsuit. �3y The names gi�en t❑ paragraphs or sections in thEs Assi�nment are f�r con�enien�e
<br /> purposes ❑nly. They are not fio be used�o interpret❑r de�ine the prov�sions o�this Assignmen�.
<br /> Na Wai�rer by Lender. Lender shall not b� deemed ta haWe waived any righ�s unde�th�s Assignmen� un�ess such
<br /> waiver is given in writing and signed by Lender. No delay or omissian on�he part ofi Lende�-in exercising any right
<br /> shal[ operate as a wa��er of such right or any vther right. A wai�er by Lender of a pro��sion o�this Assignment
<br /> shaEf nat prejud�ce or cons�i�ute a wai�er of Lender's right ❑therwise to demand s�ric� campliance with that
<br /> pro��sivn ❑r any o�her prv�ision af this Assignment. N❑ priar waiWer by Lender, nor any course vf dealing be�ween
<br /> Lender and Gran�or, shal! canstitute a waiWer v� any❑� Lender's rights ❑r❑f any ❑f�rant�r's vbligations as t❑ any
<br /> futu�-e transac�tians. V1lhene�er �he consen� ❑f Lende�- is required under this Assignment, the gran�ing of such
<br /> cansen� by Lender in any instance shai! na� constitute �vntinuing consent �v subsequenfi instances where such
<br /> c�nsen�is required and in all cases such consen�may be granted vr withheld in the svle discreti�n ❑f Lender.
<br /> No�ices, Any not�ce required �❑ be gi�en under this Assignmen� shall �e gi�en in wri�ing, and shall be e��e�tive
<br /> when ac�ua[Ey deli�ered, when ac�ually recei�ed �y tel�facsimile �unless vtherwise required hy �aw}, when
<br /> deposi�ed with a nationafly recognized a�ernight courier, or, it mailed, when depos�ted in�the United S�ates mail, as
<br /> �First ciass, �ertifiied or registered mai� pas�age prepaid, directed ta �he addresses shown near the beginning a�F this
<br /> Assignm�nt. Any party may change its address for notiGes under this Assignment by gi�ing fivrmal written notic�
<br /> t� the ❑�her parties, specifying tha�k the purpose ❑�f the n��ice 15 to chan�e the party's address, For noti�e
<br /> purposes, Gran�or agrees �� keep Lender in�ormed at all #imes a� Grantvr's current address. Unless o�herwise
<br /> pro�ided or required by law, if there is more than one Grantfl�r, any natice gi�en by Lender to any Grantar �s
<br /> deemed to b� notice given�o ail Grantvrs.
<br /> Powers ❑�Attorney. The various agencies and powers o�attvrney con�eyed on Lender under th�s Assignment are
<br /> g�-anted �or purpflses ❑f security and may not be re�oked by Grantar until such time as the same are �renvunced by
<br /> Lender.
<br /> SeWerability. l� a court vf cvmpetent jurisdi�ti�n finds any pro�isivn ❑f th�s Assignment to be illegal, in�alid, ❑r
<br /> unenfiorceable as �❑ any �ircumstan�e, �ha� finding sha�l not make �h� affending pro�isinn illegat, �n�alid, or
<br /> unenfar�eable as to any other circumstance. If �easi�le, the o�fending prnv�sion shal� be cvnsidered modified sfl
<br /> thafi it becflmes legal, �alid and enforceab�e. If the flffending prav�sivn �annot be sa modified, it shall be
<br /> considered defet�d frvm this Assi�nment. Unless ❑therwise required by law, �he �Ilegality, in�alidity, ❑r
<br /> unenforceability ❑f any pro�isivn vf �his Assignmen� shall not affect the legafity, �aEidity or en�nrceabili�y ❑� any
<br /> vther pro�ision o�this Assignmen�.
<br /> 5uccessors and Assigns. 5ubje�t to any limitativns stated in�his Assignment on transfer vfi Gran�or's interes�, this
<br /> Assignment shall be b�nding upon and inure tv �he �enefit of the parties, their successvrs and assigns, If
<br /> ❑wnership o�the Praperty becomes �ested in a persan other than Grantor, Lender, without notice to Grantor, may
<br /> deal with Gran�o�'s successors with reference t❑ this Assignmen� and the lndebtedness by way of fvrbearance ❑r
<br /> extension without releasing Gran�or firam�he ob��ga�ions of this Assignmen�or liability under the Indebtedness,
<br /> T�me is of the Essence. Time �s of the�ssence in the performance ot this Assfgnment.
<br /> Waiver o� Hvmestead Exemp#ion. Grantar hereby reieases and wai�es all rights and bene�its o� fihe h�mes�ead
<br /> exempti�n laws of the 5ta�e o�Nebraska as to a�! Indebtedness secured by this Assignment.
<br /> DEFINITIC3NS. The fv�lowing capitalized words and terms shall ha�e �he fallowing meanings when used in this
<br /> Assignmen�. Unless specifically stated to �he contrary, all refier�nces to dallar amflun�s shall mean amflun�s in lawfiul
<br /> money of the LJnited States v�f America. VVords and terms.used in the singu[ar shall incfude �he piural, and the plural
<br /> shall in�lude �he singu�ar, as the con�ext may require. Words and terms n�t❑fherwise defined in this Assi�nment shall
<br /> ha�e the m�anings attribufied t❑ such terms in�the Uni�orm Cvmmercial Cvde:
<br /> Assignment. The word "Assignment" means this A551GNMENT �F RENTS, as this ASSIGNMENT �F RENTS may
<br /> b� amended or modified frvm t�me to time, together wi�h alf exhibi�s and sc-hedules-attached to��his A551GNMENT
<br /> OF RENTS from t�me to�ime, = � � �
<br /> , . , . -
<br /> Borrower. The word "garrvwer" means TAMMY PHAM. �. � `
<br /> Default. The word "�]e#aulfi" means the Default set fvr�h in this Assignment in the sec�ion titled "€3efauit".
<br /> Event of Default. The words "E�ent o� De�ault" mean any ❑f the e�ents of default set for�h in �his Assignment in
<br /> the defau�t section ❑f this Assignment.
<br /> Grantor. The wvrd "Gran�or" means TAMMY PHAM.
<br /> Guaranty. The word "Guaranty" means the guaran�y from guarantor, endorser, sure�y, or ac�vmmodation par�y to
<br /> Lender, including without limita�ion a guaranty ofi all or part of�he Na�e,
<br /> Indeh�edness. The word "lndebtedness" means all principa�, in�erest, and oth�r amvunts, costs and expenses
<br /> payable under the Note o� Re�ated ❑ocuments, �vgether with a!� renewals of, ex�ensivns o�, modificat�ans o�,
<br /> cansvlidat�vns vf and substi�utions fivr the Nvte vr Related Documents and any amounts expended or ad�anced by
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