2� 1 ��72�4
<br /> A����N i��i�T �� �Ei�TS
<br /> ��an���ue�� Page 2
<br /> �wnership. �r�nlor is �nEi�led ia r��Civ� th� R���t� ir��• ai;� �.I�.ar <_�{ �!� rigf�t�. loan�. li�ns, er�cumbrances, and
<br /> claims excepk�s dis�los�d t❑and a�ce�t�d by��r��icr�r�rvi�t�nc�
<br /> Right to As�i�t3. Grar�tar has th� fu�! rigl�t. po�re� and �utE�ar�ty lo er�ter in�o ��is Assi�nment and to assigr� and
<br /> con�ey the Rents�o Lender.
<br /> tVo p�ior Assignm�nt. Gran�or has nol �revivus�y �ssign�d or c�r�veyed tfie F�ents to any other person by any
<br /> �nstru ment now i n force.
<br /> �Io Fu�ther�'ransfer. �rantor vtirill r�ot s�ll, assign. eneumber. or a��erwise dispose af any a�Granlar's rights in the
<br /> l�ent�except as provid�d in t�7is�ssignrnenl,
<br /> LENDFR'S RI�HT T� REC Et1lE A i�a CO�.E.�C�' RENTS. Ler�cle' shall t�awe tne rig ij� a l a n y l�me, an� eve n though na
<br /> defa u It shaEl i�a�e occurre�i u n�er th is�ssig r�nie�l. !a co��ect a r�c� r�ce�re �he �ents. For li�is purpos e. Le nder is hereby
<br /> given and granled the follow�ng ri�his, po�rr�rs and aul��vri�y.
<br /> Nati�e to Tenants. l.ender m�y send r�at�c�s tv an�� and a�! l��an�s of the Propert}► advising them of this
<br /> Assignme nt and dire�ling a�l Ren�s ta be p��d ciir�c�Ey to I.en�ier or L enci�r's ag er�t.
<br /> Er�ter the Pro perty. Lerider m ay en ler upon and tak e possession o�the P roperty;dema�d, ca llect a nd rece�ve from
<br /> f�e tena nts o� frq m �n y olh�r�e rsons lia�le tfle re f�r, al! o� it�� Rsn I�: insli�u le an� ca rry a n aii legal praceedings
<br /> necess�ty for the �rotec�ion at ���e �raperly. iFl��ud�ng �t�cf� pro�:e�dings �� r�ay b� nec�ssary to recaver
<br /> Possessivn vf lh e Property; cv�le�t th�R�r���ar�ci r,��n oti��:�r ty �Pc}a n l�r �ena n ts nr olher�ersons from ��e Araperty.
<br /> 11�a�ntair� the Propert�. Lender may e��tc;r u�,v�} tt�r ��ope�ty tc� r��a�itit�ir� �he Prop�r�y and E:�ep the $�me in repair;
<br /> t� �ay the cosis t��ereof�nd af a!� 5�rvic�s r�� all �E��E11ay�es incluci�r�g �heir et�u�pment, and a�all contir�u�ng costs
<br /> and expenses af m�intaining tl�e�'ra��riy in proF»� rep��r�nd�ondi�ion. ;.�nd also lo pay ali laxes, assessmer�ts and
<br /> w�fer utiliti�s.�nd ��e�re�iurt�s on Eirc.�a+tirf ot1��� ,n5t�r��r�c� Nf��c��� by �encler�n lh�Properiy.
<br /> Compfiance with Laws. �.ender may �fa�ny �nd al[ th�ngs Ea �xecule a�d comply +�ri�h �he laws of the 5�ate of
<br /> N�braska a nd a�so alI a�f��r I�w s, r��les, orciers. ordinanees and reWuirem ents o f �fl olE1e r ga�rernment�[ agen cies
<br /> affect�ng the Prvperty.
<br /> Lease the P roperty. L�nder inay re n k ar�ease!)�e w��o[e or any par t o f the Pro�erE}� �or$uch le rm or t�rm s�nd on
<br /> s�cF�cond�tio n s as Lend�r m ay deem�ppro�riate.
<br /> Fmploy Ager�ts. Lender �nay �ngage sucF� agent a� agc:n�s as Lencier may deem appropriat�, eifher in �ender's
<br /> name or in �rantor's narne,to rent and n�an�g�the properly, in�Euclinc�lh�calle�lipn an�a�p�icaEivn of�ents.
<br /> �ther Acts. Lender may d� al� sUch otf�er tllings anri a�[s �vilh E�specf ta tlie �roperly as Lender rna}r deem
<br /> a pprop riate �nd m�y��i �xc1u si�e�y and soEe�y in the t��ace and sle�d v� �ran lor a n� to ha�e aEE o f��e pawers o f
<br /> Grantvr��r tl�e purposes s�alsci at�ove.
<br /> Na Re�Uirement�o �1�t. Lender shail nol �e re��uirec� �a �� ar�y o f tt�e �aregoi�g �cis or l��ngs, ar�d the fa ct thal
<br /> Lender shall h�ve performed one or ��1�re of th� �ute�oing �cts ar It��riys s��l� nol rec�uire Lender to da any ot�e�
<br /> sQecific act or ttiing.
<br /> APPLICA"�i�N �F RENTS. All c�$l� �nd expenses ir7curred �y l_.ender in cannecEion r�ritil lhe Property sha11 be for
<br /> �rantar's account�nd �ender may pay �uch costs anr� expenses froln th� Renis. �.�nder, iri ils so�$discre�ion, shaU
<br /> determine the applicaliort �f any �nd a11 f��nRs r�c�iv�d by �l; howev�r, �ny such Ren�s received by Lender wh ich are
<br /> not applied to such eas�s and ex��nses st�all be�p��ied lo tf�e I�lc�et�t�dness. A��I expendit��res mad� by Lender un�er
<br /> this Assigr�ment a�ci no� reimbursed fror» 1�1e �er�t� �t7��11 t3ecnrne � �art of khe [ndebl�cln�ss sscured by t�is
<br /> Assignment��r�d shaU be pay�k�le an cl�c�zac�ci,w�tt�ir�te��.;st a�th�Nl�le���I�Ir�n�daEe of expenditure unti�p�id.
<br /> FUL�. FE����M A�l C�. 1 f Gr�anlo, pays .��! uf the I r��lcit����ir,��� ��h�r� d�,� r��1c1 ottle�ris� N�rforn�� a�l tr�e obliga�ions
<br /> im�ased upor�Grantor k,ncl�r tf�is�ssi�nr�7c��tii. il��:h1c�tF_ �nc�t�r�1���l��l�.�D�}c�i2nl�nt�, Lencl�r shal]execute�nd deliver to
<br /> Gra�tar a�suitable satiisfaction a[tE1i�Ass����ment�nc����t��k�l� ;����te��le��ks�.�I lermin�lian af a«y financi��statemer�t on
<br /> fiie e�idencing L.ender's se��rity i nt�rest ir ti th�: f��nl� ��n{� l��� Pr���rly. ���y terminal�or� �e� r�quired b}� I aw sh�ll be
<br /> paid�y Grankor,i�pern�itt�d by��piic�blG[��.
<br /> �ENdEFt'S E}CpENaiTU�ES. Ef any��tian or pr�ce�di��g is cvm��ienc�d th�t waul�i maE�rially affec��er�der's int�:res�in
<br /> the Prap�r�y ar i�Gr�ntor fails to compfy with any pr�visian��this l�ssignn��n�ar a�y Relat�d Documer�ts.inc[uding but
<br /> not limi[ed tv�rantor'�f�ilure lv�f�cl�arg�or p�y wi t�r��iu�u�1y�i�lour:t��r�fltQr��rey�ir��ci lc�d3�cl�arge or pay und�r
<br /> this Assignment or any Rela��tf Do�uments. Le�dei' ar� Gr�nlor's E�enafl may �bul sh�ll not �e ob�igated to� t�k� any
<br /> actian that L.ender deen� 2�ppropriat�, inclur��nr� bu! nat li nni E�d to c�ischarging �r paying ��I tax��, 1 iens, s�curity
<br /> �nteresfs�encurnbr�nces and o�her claims,�t�ny lirne l�vi�d or pl�c��or�lE1e f�er�ls or the F���ap�riy and payin�all�osts
<br /> for i�suring, n�int�inir�g �nd pr�servin� tt�� Pr�p�rly. A�� su�h expen�ilures incuR�d or p�id by Lender for such
<br /> purp�ses wil� then be�r int�r�st�t tt1�ra�e�I��rr��ti u��ct�r ll�e hlat�:�ro��� tli�dafe incurred ar paid by L�nder to#�e date
<br /> of r�payrnent by Gr�ntar. AE� such ex��r�s�s wi I� k�econx� �p�r! c�f tl�e �ndebtec�ne�s�nd. �t Lender's option� tirvil[ �A}
<br /> be payab�e on aema��d; (�} be�drlcd !o �itie b�t�n�o�th�, �lot�:�nd be�p�oriion�d�m�ong�nd be p�y�ble with ar�y
<br /> installment payments to b�come �ue �uring eit���r i�7 ttl� �c�rrj� of any �pp�ic�b�� insLir�nc� p�licy; or �2� the
<br /> rern�i�ing ferm af the Note; o� tC) be lreaie�ti �5 c� t3tillpal� ���ymenE Vv��ic�� �i11 be ciu� a���i payab�e aE the Nate's
<br /> rnaturity. '�}'�e Assi�nn��nt�fsa wi�l secure paynlen�af t����e��n�a4,nts. �ttc��rig��t sh�l� be in addition to a�ll other rights
<br /> artd remedie�to wf�ich�ender'm2iy�e er�ti�[e�upon����u��.
<br /> DEFA�ILT. ��ch o��Ele�o�fa�vir�g.at Lend��'s opEion. �rti��t�������t����an Eveni af Def�Ull�inder lEzis Assi�nment:
<br /> �ayment�efa�I t. �nrro�nrer��ils�o �itak�ar�y p�y�r ry�i�t tvl�����l�s���n�.��r#]��I rtr�eht�d�ess.
<br /> �the r �efau Ets. Borro�ver �r �r�i��c�r la�ls �G cu�r��i y v�r i��s ar tu j}�i�c���i� �ny olher �er�», oblit��tion, eaWena nt vr
<br /> c��ld[lion canl��irz�d iiti l�tis i��5ic�nrTi���l ��f ii< <,t�•. �aI ll,�� ���-1��t+�ci C�c,�:t��,if-n15 c�� �u c�r�lFrly ��+Eih or lo perfarm any
<br /> ferm, obligati�i�,cow�nanE�r cc�r�tiilic�i� _�:,ni�ii}e�!�r t:�fz�r �!I;f�� -��r�-�:,��f•�t��etwF��.�« ��nci�r�i�c�[�flrrov+rer�r�r�ntor.
<br /> Default on �ther Pa}rme�tits. Faifcirf� �r� �jfc�f��UE v�.��tt�ir� �'�N t��►fr st���.��r�i ��y lr��s ll5sit�r���»�tit to ma�ke any payment
<br /> for laxes or insur�n��.ar�r�y aEr�er�.��;�T��;nl n�c.e���,y �� �i�:v�i��I������ �1 vr tc� �flect di,�cl�arge of�ny 1ien.
<br /> DefaU It in Fav�r vf �'hird P a rti es. £3or�nr�r�r c�r Grantor �e��ult� �n�er �ny foan, �xt�nsion o f credit. secu rity
<br /> agreement, purc[�ase or sa[es agreernent,or ar�y�th�r a�ree�rl�n l, in farrflr af an�r ot�er ered ilor vr�e�sgn t�a�t rnay
<br /> ma�erially affect any of Bo�rvwer's ar�rantar's p�op�rly or ab�lity la�rerfarm th��r respe�live nbligalions unde�thi�
<br /> Assig�m�nt or any of lh�Refa�ed�o�ur��nls.
<br /> �als�S�atements. Any�+tirarranly, repr�senl�fior�vr st��err�ent m�d�or f�rnished to Lender by �orro}rv�r ar Grantar
<br /> or on Borrower's or G�'�ntor''s behaif unde�tt�is Assit�n��e nl ar !h� Relr�te�Dact�ments is False or misl eading in any
<br /> mateTial respecl, eitEi�r r�ow or �tt tf1P tir>>e r����c��� or ftir�ishPd o� t�Pcom�?s �alse �r misle��i�g af any #ime
<br /> ther�after.
<br /> aefiectir�e CoEl�teralization. Tl�is A$sic�nnl�nl cyr�ny of tiie Rel�t�d Docurl�ents�e�ses�o be�n Eull force and eff�Ct
<br /> �inc�ud�ng faiiLire ot�r�y c;aft�t�r�l cfo��i��1���t to cr�:�[e.�v.-�li��r�nd perf��lecf s�curily inter�si ar lien)at any tirne and
<br /> for any reason.
<br /> D�at� ar IrrsolWettcy. �Che t�issalulio�� �f �rar�ior's �regarr�less oi }vhelher eiection to �ontinue is m�de}, any
<br /> �nember witf�draws �ro m th e I im iled i��biliEy ca mp�i�y. �r a ny ath er te rm ina tivn o f garrowe r's or �ranta r's
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