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2� 1 ��848�
<br /> ASSiGN i�ENT �F RE��'S
<br /> �Con�inued� Page �
<br /> pur�ases, Grantor a�rees to keep Lender i nformed at all �im�s o f G ranto r's current address. l�nless otherwise
<br /> provided or required by la�r+r, if the�e is mvre t�an one G�an�ar, any natice given by Lender to any Grant�r is
<br /> deemed ta be notice gi�en to a!1 Grantors.
<br /> Powers af l�ttorney. 7he va riaus ag en�ies�nd powers of atlo rney�onveyed on Lender under this Assig nment a re
<br /> granted far pur�oses of securiky a�d may not be revoked by Crantor until such time as the sar�rie are renounced by
<br /> Lender.
<br /> 5everab�lity. If a court af oampetent jurisdlct�on finds any provision of t�is Assignment tQ be il�e�al, [nvalid, or
<br /> uncnfo�ceable as to any person or circurr�s�ance,#hat finding shal!not ma�C�the offending provis�on ille�al, ir�v�[id,
<br /> or ur�enforceable as to any vth��pers�on or circumstan�e. If feasible, the offending provision sfnaiE be considered
<br /> modif�d sfl th�t it beQvmes l�gal, valid and e�forceable. ��the offending provisian�an�ot b�sa modified,it shalf
<br /> ioe cansidered delEted fram this Assignment. �lnle,ss atherwise requi�ed by lav�r, the i!legal�ty, i��alid�ty, or
<br /> ur�enforceabrlity of any provision of this Assignrnent shal� nat affect��e �egalif}►, �alidity or enforceabiC�ty of any
<br /> ather pravlsion of this�signment.
<br /> 5uccessors and Ass�gns, �ubject to any limitations stated in this�1ss3gnment on transfer of Grantorts interest�this
<br /> Assi�nment shall be binding up�r� and inure to ifne benefit of tE�e part�es, kheir successars an� assigns. If
<br /> ownership af��e Property becomes vested ir�a person otl�er tF�an Gran�or, Lender�without notice to Grantor, may
<br /> deal u�ri�h Grantar's suc�essors with refe�ence�o fhis Assigr�rr�ent and the Indebtedn�ss by way o��arbearance or
<br /> exter�s�on without releasin�Gran�or irom the obligat�ons of tF�is Assignment or liability under the Indebtedness.
<br /> Y�me is�f the Essence. Time is of the essence in the performance of this Assignment.
<br /> 1r1�2�ive Jc�ry. Aj[ partles to th�s Assfgnment hereby wa��e the righ# to any�ury tx�al �n any actfon, proceeciing� or
<br /> cv�nt�rc!aim brn�ght by any part�aga�nst any other part}�.
<br /> 1l�a�ver of Hornes#ead Exempt�on. Grantar F�ereby releases and waiwes all �ights and �enefits of the homestead
<br /> exernptivn iaws of the State of Nebraska as to aIl Indebtedness secured b�r this Ass�gnment.
<br /> DEFIi�ITI ONS. �'he fo Ilawi r�g ca pikalized words a nd terms shal� have tfne fallvv�i n g meani ngs v+�►hen used i n t�is
<br /> Assi�nment. Unless specifically stated tv the cantrary, �11 references �o do[lar 2�mounts sha11 mean amounts in lav+►ful
<br /> rnoney of the Uni�ed 5tates of Americ�. 1Nords and ferms us�d in the singttlar shall inclu�e the plural, and the �lurai
<br /> shal[include f he singular, as the co ntext may require. INords�nd term s n ot oth etv+rise deflned in t�is Assign rn ent shali
<br /> have the meanings attribu�ed to such terms�n th e l��ifo rm Commercial�ode:
<br /> Ass ig nrnent. The v�vo rd "Assign ment" me�ns this A551 GN N{�NT�F R�NfS,as tfn is ASS(�N M�NT�F RENTS rr�ay
<br /> be ame�ded or modifiecf fr�rr� iim� to ti m e,tog etF�e r w ith all exhibits and schedules attacfne�i to th is ASSI GN MF�#T
<br /> ��L�EN7S fr�m#ime t� time.
<br /> Barrower. The wv rd "Borrowe r"means Alvi n A A�ery and 7eresa K A�ery.
<br /> D�fa�It. Tf�e word"Def�ult''means fhe befault set forth i�this Assignmer��in tF�e sect�on titled "Defau�t".
<br /> E�ent of D efault, Tf�e v+►ords "Even t of�e fau lt"mean a�y of the events �f d efau��set�v rth in th is Assign m ent i n
<br /> t�e default seckion of�his Assigr�ment,
<br /> Crantor. T�e�r+�o rd"G ra n tor"means Alv��A�1ver}r and`Ceresa K Ave ry.
<br /> Cuaranty. The word ''Guar�n�y"means the guaranty from guarar�tar, endo�ser, surety�or�ccQmmodatian party to
<br /> Lender,incCuding witF�ou�l�rnitation a g�aranty af all vr part of ihe No�e.
<br /> [nc�ebte dness. The wa rd "I nde bted nes�" means a11 principa�, int�rest, and othe r amoU nts, costs and expe nses
<br /> �ayable under the Note ar Related Qocuments� �ogether with al! renewals of, extensions of, modif�cations of,
<br /> cans�li�at�ons o f a nd substitutio n s for#f�e Nate o�Related d ocU m er�ts and any a�rn ounls exp end ed or advan�ed by
<br /> Lender to discharg� Gra ntor's vb[igatio�s or experises i ncur�ed by Lender to enforce G ra nto r's obliga tions under
<br /> this Assi�nment, together with interest on such amat�nf� �s pravided in fhis Assignmen#. Specificaf�y� without
<br /> limitation, Indebtedness includes fhe future advances set forth in the Future Advances provision, together with a!1
<br /> i�t�rest therev� and al� amounts that may be indirectiy secured by the Ctoss-Collateralization provision of this
<br /> Assignment.
<br /> Lender. 7he word"Lender"means First National Ban�c of�maha,its successors and assigns.
<br /> Nate. The wvrd "Naie" means any and al] af Borrower's liabilities, abligat�ons and debts to Lender, now exisking
<br /> or here�r�after ir��u rred or cre2�ted� including�w itho ut li m itation, a�l loans� advan�es�in terest� costs debts�averd raft
<br /> indebtedness, ctecf�t card indebtedn�ss� ���SB O�Ilga�iOr15, lia�ilifi�s and obfigafions under interest rate protectivn
<br /> agreements or foreign currency exch�nge agteements or cvmmodity price protection agreements,other obligations,
<br /> and liabil�ties af Borra�ver #ogefhe� v�rith all modificakions, increases, rene�vals� ar�d extensions of the
<br /> a�orementivneci. Addit�onalfy, hereby incorporated as if fully set forth herein are th� terms and cor�ditions of�riy
<br /> pramissary r�vfe� agieeme�t or other docUmen� exe�uted by Barrower andtor Len�er indicati�g this security
<br /> instrume�t or the p�operfy described �erein shall be car�sidered ''Collaterai" securing such prvmissory note,
<br /> agreement,or ather instrument,or ar�y simifar reference.
<br /> �rop�rty. 7he �rord "��aperEy" means all of Grantor's right, title and i��erest in and ta a�l the Praperty as
<br /> described in the"Assig n m e nt"sect�an o f th�s Ass�g�ment.
<br /> Related Docurne�ts. The wvrds "F�elafed �ocuments" mean all pramissory na�es� cr�dit agreerr�ents� loan
<br /> ag reements� environmental agreemenks, guaranties, se�u rity ag reeme nts, mor�gag es, dee�s of lru st, sec�rit�r
<br /> deeds, coll�tera[ mortgag es, and al l other instrum ents, ag reeme nts an� d��u m er�ts, w�eth�r n�uv or he�eafte r
<br /> existing, �xecuted in cannecti�n�vit� the [ndebt�dness.
<br /> R�r�[s. Th�wocU "Rents" means all of Grantor'� present a�d futurn rl�hts' t�tiv QRcf Enic�rd�t In� co and undvr�ny
<br /> a nd al! P�esent and �u tu re leas�s, incl�d�r�g� w itho u� limitatio r�� all re n ts, revenue, incvme� 155U�5� ray�I�i�s,
<br /> bon�ses� accounts receivable. cash or secUrity deposits, advance re�tals� profits and proceeds from tE�e Properfy�
<br /> and otheT payments �nd bene�ts derived or to be derived frvin such leases ai every kind and nalure� whether c�ue
<br /> now or�ater� i�c[uding withaut limilativn Grantor's�ight to enforce such leases and to recelve and callect payrr�ent
<br /> and pr�ceeds the reu Rde�.
<br /> '��i� UN��RSZGN�D AG FCN�VI�IL�a��S NAV�N G F�EAI� ALL �'NE PR�VIS10�15 OF TH 15 AS S1G�1 itili�N7. 7H IS
<br /> DQCU�[EHT l5 EXECUTEQ�{� QECE[�BER��� 20'i fi.
<br /> GR1�N ;
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<br /> ���i�a����y
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<br /> Teresa K Avery
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