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2 <br />�. Z <br />01 <br />w <br />WHEN RECORDED MAIL TO: <br />Five Points Bank <br />Attn: Diers <br />PO Box 1507 <br />Grand Island, NE 68802 -1507 <br />I IIIIII <br />II <br />FIVE POINTS BANK <br />11111111111111 1111 1111111111111111111 IIIII 11 IIIII11II11IIVIII11I1111III11111III11 I <br />*000000000101293756011509232016* <br />II <br />IIIIIIIIIIIIIIIIII <br />FOR RECORDER'S USE ONLY <br />ASSIGNMENT OF RENTS <br />THIS ASSIGNMENT OF RENTS dated September 23, 2016, is made and executed between <br />HALL COUNTY HOUSING AUTHORITY (referred to below as "Grantor ") and Five Points Bank, <br />whose address is 2009 N. Diers Ave., Grand Island, NE 68803 (referred to below as <br />" Lender "). <br />ASSIGNMENT. For valuable consideration, Grantor hereby assigns, grants a continuing security <br />interest in, and conveys to Lender all of Grantor's right, title, and interest in and to the Rents <br />from the following described Property located in HALL County, State of Nebraska: <br />The Easterly Fifteen (15) Feet of Lot Eight (8) and all of Lots Nine (9), Ten (10) and Eleven <br />j' (j (11), excepting the North Ten (N10') Feet of Lot Eleven (11) as shown in Quitclaim Deed <br />recorded in Book 167, Page 351, in Book One (1), Reif's Addition to Doniphan, Hall County, <br />u- p Nebraska. <br />The Property or its address is commonly known as 115 BROOKLYN ST, DONIPHAN, NE <br />col <br />68832. <br />FUTURE ADVANCES. In addition to the Note, this Assignment secures all future advances made by Lender to Grantor <br />whether or not the advances are made pursuant to a commitment. Specifically, without limitation, this Assignment <br />secures, in addition to the amounts specified in the Note, all future amounts Lender in its discretion may loan to <br />Grantor, together with all interest thereon. <br />THIS ASSIGNMENT IS GIVEN TO SECURE (1) PAYMENT OF THE INDEBTEDNESS AND (2) PERFORMANCE OF ANY <br />AND ALL OBLIGATIONS OF GRANTOR UNDER THE NOTE, THIS ASSIGNMENT, AND THE RELATED DOCUMENTS. <br />THIS ASSIGNMENT IS GIVEN AND ACCEPTED ON THE FOLLOWING TERMS: <br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Assignment or any Related Documents, Grantor <br />shall pay to Lender all amounts secured by this Assignment as they become due, and shall strictly perform all of <br />Grantor's obligations under this Assignment. Unless and until Lender exercises its right to collect the Rents as provided <br />0° <br />