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0 <br />Co <br />v <br />U1 <br />co <br />WHEN RECORDED MAIL TO: <br />Five Points Bank <br />North Branch <br />2015 North Broadwell <br />PO Box 1507 <br />Grand Island, NE 68802 <br />IIIII <br />FIvE POINTS BANK <br />IIIIIIIItnIIIIIIIIIIIIItIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII Ihilttlll ttittiIIIIIIIIIIIIIIIIIIIIII <br />*0000000001013009110115* <br />4 <br />FOR RECORDER'S USE ONLY <br />ASSIGNMENT OF RENTS <br />THIS ASSIGNMENT OF RENTS dated December 15, 2016, is made and executed between <br />DOUBLE J INVESTMENTS LLC, A NEBRASKA LIMITED LIABILITY COMPANY (referred to <br />below as "Grantor ") and Five Points Bank, whose address is 2015 North Broadwell, PO Box <br />1507, Grand Island, NE 68802 (referred to below as "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 />LOTS FIVE (5), SEVEN (7), NINE (9), AND ELEVEN (11), IN BLOCK TWENTY FIVE (25), IN <br />COLLEGE ADDITION TO WEST LAWN, AN ADDITION TO THE CITY OF GRAND ISLAND, <br />HALL COUNTY, NEBRASKA <br />The Property or its address is commonly known as 2120 -2130 1/2 N BROADWELL AVE , <br />GRAND ISLAND, NE 68803. <br />CROSS - COLLATERALIZATION. In addition to the Note, this Assignment secures all obligations, debts and liabilities, <br />plus interest thereon, of either Grantor or Borrower to Lender, or any one or more of them, as well as all claims by <br />Lender against Borrower and Grantor or any one or more of them, whether now existing or hereafter arising, whether <br />related or unrelated to the purpose of the Note, whether voluntary or otherwise, whether due or not due, direct or <br />indirect, determined or undetermined, absolute or contingent, liquidated or unliquidated, whether Borrower or Grantor <br />may be liable individually or jointly with others, whether obligated as guarantor, surety, accommodation party or <br />otherwise, and whether recovery upon such amounts may be or hereafter may become barred by any statute of <br />limitations, and whether the obligation to repay such amounts may be or hereafter may become otherwise <br />unenforceable. <br />FUTURE ADVANCES. In addition to the Note, this Assignment secures all future advances made by Lender to Borrower <br />or Grantor whether or not the advances are made pursuant to a commitment. Specifically, without limitation, this <br />t"V <br />CD <br />CO <br />_c <br />(n <br />