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2� 1 ���381
<br /> ASS�G N M E�VT �F REN1�5
<br /> Loan Na: 35�439t]�3 tCU17tl t1 u�d} Page 3
<br /> Even#s Affecting Guarantar. Any af the preceding e�ents occurs with respect to any Guarantor af any vf th�
<br /> [ndebtedness ar any Guarantvr dies or becomes incompetent, or re�ok�s or disputes the �alid"rty of, ar liability
<br /> u nder, any G uaranty of the I ndeb#ed ness.
<br /> Ad�erse Change. A ma#erial ad�ers� change �CCU�"S in Grantvr's financial conditivn, vr Lender belie�es the
<br /> prospect vfi paymen#ar pertormance of the lndebtedne�s is impaired.
<br /> lnsecurity. Lender in good faith belie�es itself insecure.
<br /> R[GHTS AND REMEDIES 4N DEFAULT. Upvn the occurrence of any E��nt a�F Defaul�and a�t any time thereafter, Lender
<br /> may exer-cise any ane or mvre of the fo�[nwing rights and r�medies, in additian tt�any other rights or remedies pra�ided
<br /> by law:
<br /> Accelera#e [ndeb�edness. Lender sha[I ha�e the right at i�s option�o declare th� �n�ire lndebtedness immediately
<br /> due and payabl�, incfuding any prepaymen�penalty that�ran#or wauld be required to pay.
<br /> Cv[lect Rents, Lender sha11 ha�e #he right, wi�hout notice tv Gran�ar, ta take possessi�n vf the Praperty and
<br /> collec�the �ents, including amvunts past due and unpaid, and app[y the net praceeds, ��er and abo�e Lender's
<br /> cvs�s, against the Indebt�dness. [n furtherance of th'rs right, Lender shaf[ have a!f th� rights prfl�ided far in the
<br /> �ender's Right to Recei�e and C�Ilect Rents Section, aba��. lf the Rents are collected by Lender, then Grantor
<br /> irre�vcably designates Lender as Grantvr's attflrney-in-fact�v endorse ins�ruments recei��d in payment thereof in
<br /> the name of Grantar and tv negatiate�he same and ca[lect the proceeds. Payments by tenants or other users to
<br /> Lender in response ta Lend�r's demand shaii satis�y the ohligatians far which the payments are made, whether or
<br /> not any proper grounds for the demand existed. Lender may exercise its rights under this subparagraph either in
<br /> p�rsnn,by agen�, or thraugh a recei�er.
<br /> ��her Remed�es. Lender shail ha�e aii ather rights and remedies pro�ided in this Assignment ar the Note or hy
<br /> 1 aw.
<br /> Election of Remedies. Election by Lender�o pursue any rem�dy shall not exclude pursuit o�any other remedy, and
<br /> an electian to mak�expenditures vr to take action ta perform an obiigation��Grantor under this Assignment,after
<br /> Grantor's�ai}ure to perform,sha11 not affect Lender's righ�to declare a default and exercise its remedies.
<br /> Attvrneys' Fees; Expenses. If Lender institutes any suit or action to enf�rce any�f the terms of this Assi�nment,
<br /> Lender shall be entitled tv reca�er such sum as the cvu�t may adjudge reasonab(e as attomeys'fees at triaC and
<br /> upon any appeai. Whether ar nvt any caurt action is in�ol�ed, and to the extent not prahibit�d hy law, a!I
<br /> reasanable expenses Lender incurs tha# in Lender's apinion are necessary at any time frar the prvtectian of its
<br /> interest or the enforcem�nt o�its rights shal[�ecome a part af the Indebtedness payahle❑n demand and shall bear
<br /> interest at the Nate rate�rom the date vf the expenditure until repaid. Expenses co�ered by this paragraph include,
<br /> without limitativn, hawe�er subject�o any limi�s under applicab[e law, Lend�r's a�orneys'fees and Lender's lega[
<br /> expenses, whe�her or not there is a iawsuit, includ�ng attorneys` fees and expenses for bankruptcy proceed�ngs
<br /> �inc[ud�ng efforts to modify or�acate any autamatic stay ar injunction}, appeaIs,and any anticipat�d post judgment
<br /> ca[lection ser�ices, the cost af searching records, obtaining�itl� reports �including forec[osure reports}, suEveyors'
<br /> reports, and appraisa[ �e�s, titfe insurance, and fees for the Trustee, to the exten# permitted by app[icable law.
<br /> Grantor also wi[[pay any caurt costs, in additian to a!I other sums pra�ided by law.
<br /> MISCELLANE�US PRDV[5[qNS. The fa[lowing miscel[aneous pro�isians are a part of this Assignment:
<br /> An�endmen#s. This Assignment, together with any Related Documents, consti#utes the entire unders#anding and
<br /> agreement of the parties as to the matters se�t forth in this Assignment. Na alteratian af vr amendment�o this
<br /> Assignment shall b�ef#ecti�e un�ess gi�en in wr�ting and signed by the pa�y or par�ies saught to be charged or
<br /> bound by the alterati�n or amendment.
<br /> Caption Headings. �aption headings in this Assignment a�e for con�enienc�purposes onfy and are not to be used
<br /> ta interpret ar define�th�prfl�isions of this Assignment.
<br /> Governin� Law. This Assignment will be governed by �ederal law applicable ta Lender and, ta the ex�ent not
<br /> preemp#ed by federal law,the Naws of�he S�a�e af Nebraska wi#hou�regard�o i#s�on#lic�s af 1aw prv�isians. This
<br /> Assignment has heen a�cepted by Lender in the State of Nebraska.
<br /> Me�ger. There shall be no merger vf the inter�st or estate created by this assignment with any other inter�sf or
<br /> esta�e in the Praperty at any time held by or€vr the benefit of Lender in any capacity, withaut�he written cvnsent
<br /> of Lender.
<br /> lnterpreta#�fln. �'1} In ai! cases where ther� is more than one Barrower or Grant�r, then al! words used in this
<br /> Assignment in the singular shall be deemed to ha�e been used in the plural where the�ontext and cons�ruction sa
<br /> require. �2} If more than one p�rsvn signs this Assignment as"Grantor,"the ob[iga'tions vf each Gran�or are joint
<br /> and se�eral. This means that if Lender brings a [awsuit, Lender may sue any one or more of the Grantvrs. lf
<br /> Barrawer and Grantor are not the same person, Lender need not sue Borrower first, and that Bc�rrower need n�t be
<br /> jained in any [awsui�. �3} Th� names gi�en �o paragraphs ar sections in this Assignment are far can�enience
<br /> purposes anly.They are nat ta be used to interpret vr define the pro�isivns af this Assignmen�.
<br /> Nv WaiWer by Lender. Lender sha[[ n�t be deemed ta ha�� wai�ed any rights under this Assi�nment unless such
<br /> wai�er is gi�en in►►vriting and signed by Lender. Nfl d�Iay or❑mission on the part of Lender in exercising any right
<br /> sha[[ op�rate as a wai�er of such righ#or any o�her right. A wai�er by Lender of a pra�ision of this Assignment
<br /> sha[I not prejudice vr constitute a wai�er of �ender's right nthenrvise ta demand strict compliance wrth that
<br /> pro�ision�r any o�her pro�ision of�his Assignmenf. Nv prior waiWer by Lender, nor any course of dealing b�tween
<br /> Lender and Grantor, shal[constitute a wai�er af any of Lender's rights�r of any vf Gran�or's abligativns as to any
<br /> fu�ture transacttons. Whene�er the consent o� Lender is required und�r this Assignmen�, #he granting of such
<br /> cor�sent by Lender 'rn any instan�e shal[ nnt constitute continuing consent�o subsequent instances where su�h
<br /> cansent is required and in a!!cases such consent may be granted or withheld in�the so[e discretion of Lend�r.
<br /> Nvtices. Any noti�e required to be gi�en under this Assignment shal! be gi�en in w��ting, and shall be �ifecti�e
<br /> when actuaily d�liver�d, when actua[ly recei�ed by telefacsimi[e �un[ess otherwise required by Caw}, when
<br /> deposi�ed wi�h a na#ional[y recognized t��ernight cvurier, �r, if mailed, when dep�sited in#h� Uni�ed States mail,as
<br /> firs�class, certified or registered mail p�stag�prepaid, direct�d to the ad�resses shovun near the beginning of this
<br /> Assignment. Any party may change its addr�ss far notices under this Assignment by gi�ing formal written notice
<br /> ta the �ther parties, specifyin� tha� the purpvse of the no�ice is tv change the party's address. For noti�e
<br /> purposes, Gran�or agrees �v keep Lender informed at ail times of Grantor's current addrsss. Unless o�herwise
<br /> pro�ided vr required by la►►v, if there is mvre than vne Grantor, any notice gi�en by Lender tv any Gran#or is
<br /> deemed tv be natice gi�en ta alI Grantors.
<br /> Pvvsrers of At�vrney. The varivus agencies and powers of ai�orney con�ey�d on Lender under this Assignment are
<br /> granted��r purpases of security and may nat be re�oked by Grantor until such time as the same are r�nounced by
<br /> Lend�r.
<br /> Se�erability. �f a caurt of cvmpetent jurisdiction �inds any pro�ision af this Assrgnment t� be i[[�ga[, in�alid, or
<br /> unenforceab[e as to any circumstance, �hat finding sha.il nat make the offending proWisian i[legal, in�alid, or
<br /> unenfarceabI� as to any other circumstance. If feasible, the vffending pro�isian shal! be considered m�dified so
<br /> that it becvmes fegal, �afid and en�orceable. lf the vifending prv�ision cannot be sv modified, it shali be
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