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. � . .. 2� 1 ��82�5 A�SI�NMENT t]�� F�E�IT� Loan No: 'l Q�3Q[3'I 82 4�ontinuedl� Pac�e 2 TH1S ASS��NMENT �S G1VEN T4 SECURE �'�} PAYMENT �F THE IIVDEBTEDNESS AND {2f PERFORM�IV�E �F ANY AN�ALL UgLfGATtflNS QF B�RR�VIIER AND GRANTQR UNDER 1fHE N�TE, TH15 ASSIGNMENT,AND �'HE RELATED DQCUMENTS. THIS ASSIGNMENT 1S�IVER�AND ACCEPTED �iV T��E F�LL�INING TERMS: . �RANTOR'S VIIAIVERS. Grantor�vai�es aIl r�ights or de#enses arising hy r�ason of any"ane action" o� "an�i�deficien�y" faw, or any other faw which may pre�ent Lender from bringing any action against Grantorr includin�� a �Catrr� �vr deficiency to fihe extent Lender is otherwise entit�ed to � c�aim for dei�ciency, hefore ❑r after L�nder's cc�mmencernent or cvmple�ian af any fvreclosure a�t�an, �ith�:r�ud�cia��y❑r by�xercase nf a pawer of sale. B�RR�WER'S WAIVERS AND RESP�NS1g��.ITiES. Lender need n�ot te[� E�arrower about any act'ron or inactian Lender takss �n cannection with �his Ass=gnment. E3orrower assumes the respc�nsibili�y for being and k��ping i€�farmed abaut the Property. Barrov�re� wai�es any defenses that rna� arise because of any action or inac�ior, af Lender, inciuding without �imitation any fai[ure o� :�ende� to realize upon the Praperty, �r any delay by Lender in reali�ing upon the Property. Borrower agrees �o remain liable +and�r the Nate w�th Lender no ma#ter what actian L�nder �a<e� or �ail� to take under this Assignment. PAYIVIENT AND PERFDRMANCE. Except as �therwise pro�ided ir� this A�ssignmen�ar a�y Related Doeurnents, Grantvr shali pay to Lender al! amounts secured by this Assignment as the� become due, and shal� s�ric�ly perform aiE of Grantar'� ��ligat�ans under this Assignment. �nless and until �ender ex�reises its r�ght�o cal�ect the Ren.s as pra�i�ed belaw and so lang as there �s n❑ default unc�er th�s Assignment, �rantor may remain in possess�c�n and eon�rol af and aperate and manage�h�e Prape�ty and ca�lect the Rents, pro�ided tha��he granting af the right#c��allect the Rents shall not constitute Lender's consent t❑the use of cash callateral in a bankrup'�cy prviceeding. GRANTUR'S REPRESENTATI�}NS AND WARRANTtES. Grantar warran�s�hat: Ownership. Grantvr is entit�ed to rece�W� �he Ren�s free and c(ear fl� al! rights, i�ans, liens, encumbran�es, and claims except as disc�osed to and a�cepted by Lender in writing. R�ght�o Assign. Grant�r has the full right, pav►rer and autha�i#y�� enter into this Assignment and �❑ assign and con�ey the Ren#s to Len�er. No Prior Assignment, Grantar has nai: previously assigned �r cvr��eyed the Rents to any ❑th�r �ersvn by any instrumen�now in force. No Further Trans�er. Gran�ar will n�t s�:ll, assign, encumber, or otherwise dispase o�any�f Gran�or's rights ir�the Rents excep�as pro�ided '€n this Assignment. LENDER"5 RIGHT T� RECEIVE AhID CL]LLE�:T RENTS. Lender sh�all �a�e the right at any time, and ev�n thaugh na defaul�shall ha�� accu�red u�der�his Assigr�men�, �a c�llect and rec�iv� th� R�n�s. For this purpase, Lende�is hereby � gi�en and granted the fvllowing rights, powe��s and authority: Not�ce t❑ Tenants. Lender may sendf notices t� any and all tenants �f �he Property ad�ising the� of this Ass�gnment and directing all �ents to b��paid directly to Lender or Lender's agent. Enter�he Property. Lender may enter upon and take possessian a��he Proper�y; d�mand, caflect and recei�e from the tenants ❑r from any a�her persons iiabie �herefor, all of�he Rer�ts; institute and car�y ar, all �ega� pro�eedings necessary for the pra��c#ian a� the I'roperty, inc�uding such �roceedings as ��nay be necesSary to rec��er possession af the Proper��; collect the F�ents and r�rna�e any tenar�t or tenants or other p�rs�ns from the Property. MaintaEn the Property. LEndEr rnay enter upon the Praperty tv �nair�tain the Proper-ky and k�ep the sam� in re�air; to pay the costs therevf and vf all s�r�ices of all emplayees, including their equiRmen�, and of a�� cvn�inuing cvsts and expenses of maintaining�he Property in proper repair and condit�on, and a�sa ta pay all t�xes, assessments and wa�er utilities, and�he prerniurns�n fire and other insurance eifected by Lend�r❑n the Property. Compliance with Laws. Lender may dc� any and a(� �hings ta execute and cvmply with �he laws of �he 5tate of Nebraska and alsa aI� othe� �aws, rufes, ❑rders, ordinances and requirements of all vther �v�ernmEntal agencies - a#fect�ng the Property. Lease the Prnperty. Lender may ren�or lease the whale ❑r any par�af the P�operty for such terrn or terrns and Qn such conditions as Lender may deem apprvpriate. Ernplo� Agents. Lender may engage such agent ❑r agents �s L�r�der may deem appropria�e. �ith�r in Lender's name vr�n Gran�ar's name,to rent and��anage the Property, ir�clu�li�g�he collection and ap�licat�an o�Rents. �ther Acts. Lender may do all such othe� things and acts with respec� ta the Praperty �as Lender may deern apprapriate and may act excl��€si�ely and salely in the place ar�d s:ead of Grantor a��d tv haue aIi o�the pow�rs of �rantar for the purposes stated aba�e. No Re�uirement ta Act. �ender shall n�t be requir�d tv do any� af �he �oregaing a�ts ❑r t�ings, and the fact that Lender shall ha�e performed �n� or m�re of the fioregoing ac�s a�th�ngs sha[I not require Lender to dv any t�th�� specific aGt or�hing. APPLICAT��N QF RENTS. All casts and expenses incurred by Lender in cannecti�n with the Prvpert►� sha�� be �ar Gran�ar's account and Lender ma�r pay suc�� cos�s and expenses �frvrr� �he Rents. Lender, in i�ts sol� discr�tian, shal! - determine th� app[i�at�on of any and all Rents recei�ed by it; hawe�er, any such Rents rece��ed by Lende� v�hi�h are not app�ied tv such costs and exp�nses sha:ll be appli�d t❑ the ln�e�tedness. All expendi�ures made �y Lender under