2� 1 ��8�53
<br /> ����C�N[V�ENT C�F �EN`T�
<br /> Loan No: ��13UC�5�4 ��o����u�d� F'age �
<br /> Pawers vf Attvrney. The �arious agenc�es and powers o��t�orney�vnveyed on Lend�r under this Assignment are
<br /> g�an�ed �or purpases o�security and may no� be re�oked by �rantor un�il such �ime as �he same are renounced �y
<br /> Lender.
<br /> SeWerabili�y. If a caurt ❑� competent �urisdiction finds any pr��isian af this Assignmen� to he 'rNCegal, invalid, or
<br /> unenfarc�ab(e as ta any cir�umstance, tha� finding shall nv� make �h� afifending proWision illegal, inva�id, ar
<br /> un�nforceable as ta any ❑�her circum��ance. f� fieasible, �he atfen�ding provision shall be considered modified so
<br /> tha� it becomes legal, �alid and enf�rceable. l� th� o�fend�ng pr�visian cann�� be sfl modified, i� sha[[ be
<br /> considered de[eted �From this Assignment. lJnless v�herwise r�quired by law, the il[egali'�yr in�alidity, or
<br /> unenfarceability of any pro�ision ❑f this Assignmen� shall nat af�ect �he [egafity, �afEdi�y ar en�forceability v� any
<br /> ather pro��sion of this Assignment.
<br /> Successors and Assigns. Subject t� any fimitatiflns sta�ed in fihis Assignmen�on trans�er o��ran�or's in�erest, this
<br /> Ass€gnment shal[ be binding upon and inure to �he �ene�i� v� the parties, fiheir suGGessars and assigns. I�
<br /> awnership vfi�he Froper�y becomes �ested in a person a�her than Grantor, Le`nder, with�ut no�ice to �ran�or: may
<br /> deal with Grantor's succ�ssors w'r�h re�erence to �his Ass�gnment and th� Indeb�edness by way ❑��arb�arance �r
<br /> ex�ension withou�re(easing Grantar#rom the abligations a��his Assignment or[iability under the Indebtedne�s.
<br /> Time is o�the Es�ence. Time is af�he essence in the �erfi�rmance a#this Assignment.
<br /> Vlfaiver of Homestead Exemptian. Gran�or hereby re[eases and wai�es a!� righ�s and benefi�s afi the hames�ead
<br /> exemptian laws of�he Sta�e❑�Neb�aska as to aNl lndebtedness secured by�his Assignmen�.
<br /> DEF[tV�T1C�NS. The foll�wing capitalized w�rds and terms sha[! have �f�e fvllvwing meanings when used in this
<br /> Assignmen�. �nless specifical[y st�ted �a �h� cfln�rary, alI refierences to doflar amou�nts sh�l1 mean amounts in �awful
<br /> maney t�� the Un�ted S�ates ofi America. Wvrds and �terms used in the singu[ar shali include the plural, and �h� plural
<br /> sha11 include �he singufar, as �he c�ntext may require, 1lVo�ds and�errt�s nat oth�rwise de�ined in �his Assignment shall
<br /> ha�e the meanings attributed�a su�h terms in the Uniform �on�-�merc'ra� �ode.
<br /> Assignmen�. The ward "Assignment" means this ASSIGNMENT�� RENTS, as this AS5[GNMENT �� RENTS may
<br /> he am�nded or modi�ied �rom time tv �im�, �age#h�r wi�h ali �xhibits and schedules attached �o�his ASSIGN[VIENT
<br /> DF RENTS from time to time.
<br /> Barrv►rver. Th�ward "Barrawer" m�ans LDRRAINE J JENSEN,
<br /> Default. The word "Default" means the De�ault se��forth i`n'this A_ssignment in�h�-se�ti�r�;.�i_t�;ed "De�aul�".
<br /> E�ent vf Default. T�e ►nrords "E��n� �� De�ault" mean any ti��he eve,nts v�de�au�t �e�';;fart� in �his Ass�gnment in
<br /> ;
<br /> the default sectian flf this Assi�nment. ;-r;;
<br /> ..
<br /> Grantflr. The word "Granto�" means LDRRA(NE J JENSEIU.
<br /> �uaranty. The word "Guaranty" means the guaranty�ram guarantar, �ndarser, sure�y� vr accommodat�on par�y ta
<br /> Lender, �ncluding w'r�houfi limita�ion a guaranty of a�i ❑r part a#�he Nv�e.
<br /> lndebtedness. The ward "Indebtedness" means ail prir��ipa�, int�res�, and other amvun�s, c�s�s an� expenses
<br /> payabfe under the Na�e ❑r Related ❑oeumenfs, together v�rith all renewals of, exten5ions of, modi#ica�ians o��
<br /> c�nsolidations of and subs�i�Cu�ians fo�r the Note ar Re�a�ed �ncuments and any amaunts expended ar ad�anced by
<br /> Lender �o discharge �Canfipr's abliga�ions or expenses incurred by Lender to enfflrce Grantvr's ohligativns under
<br /> this Assignment, tagether with interest on such amaunts as pravided in this Assignmen�. SpecifiGal�y, v�ithou�
<br /> Iimi�kation, Indebtedness inc€udes the fu#ure adWances sefi forth in the Future Advances pr��ision, t�ge�her with aIC
<br /> in�eres� �her�an and al[ amounts �hat may �e indirect�y secured by �he Cross-�Co�latera�iza�ivn praWisivn o� this
<br /> Assignment.
<br /> Lender, The wvrd "Lender" means Fi�e Paints Bank, its successars and �ssigns,
<br /> Note. The ward "Nate" means the pramissary na�� da�ed [V�vember 3D, �p1�, in �he a�igir�al principa[
<br /> amount af $4�3,1��.�D�rvm Grantar t� Lender, tagether w�th all r�newals ❑f, extensions a�, modif�ca�tinns o�,
<br /> refinancings of, consolidati�ns v�, and subs�itutinns far the pronnissory nnte or agr�ement.
<br /> Praperty. The ward "Praperty" means all af Grantar's right, tit[� and interes� in and to �Il �he Property as
<br /> described in�he "Assignment" s�ctian c�f this Assignment.
<br /> Rela�ed Dacuments. The wards "Refated ❑v�umer��s" mean al[ promissary na�es, cr�dit agreemen�s, Ivan
<br /> agreements, en�iranmenta( agre�men�s, guaranties, security agreemen�s, rrrartgages. deeds ❑f trust, s�curity
<br /> deeds, callate�ral mor�gages, and all other instrumen�s, agreements and dacuments, �r►vhe�her naw or hereafter
<br /> exist`rng, �xecuted in �annectian with�he Indebtedness.
<br /> Ren�s. The ward "Rents" means all o� �r�ntnr's present and �u�ure r�ghts, titie and int�r�s� "rn, ta and under any
<br /> and al[ present and future lease�, inc[ud�ng, wi'�hvut [imi�ativn, all T'�1��5r ��►�enue, incvme, issues, �raya[t�es�
<br /> bonuses, accaunts recei�able, cash or security depasits, ad�ance rentafs, pro�its and prviceeds �rom the Prvperty,
<br /> and atf�er payments and henefifis deri�ed vr to be d�rir�ed �rom such [eases a�every kind and natur�, whether due
<br /> naw or later, including w�thvut Iimita�ion Gran�flr's right�o enfarce such [eases and �❑ receive and cv[[ec� payment
<br /> and praceeds thereund�r.
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