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2� 17��273
<br /> ASS�GNMENT �F RENTS
<br /> Loan No: '1�'130'1'17� �Continued� Page 5
<br /> cansidered de(eted frvm this Assignment. Unless atherwise required by law, the illegality, in�a�idity, or
<br /> unenforesahility of any pra�ision of th�s Assignment shall not affect the legality, �alidity ❑r enf�rc�abifEty a� any
<br /> other pra�ision of this Assignment.
<br /> 5u�cessors and Assigns. 5ubject ta any �imitations stated in this Assignment❑n transfer❑f Grantor's interest, this
<br /> Assignment shaf� be bindfng upvn and inure to the benefit of the parties, their su��essars and assigns. Ifi
<br /> ownership of the Property becames �ested in a persan ❑ther than Grantor, Lender, withaut nvtice to Grantar, may
<br /> deal with Grantor's successors with reference to this Assignmen� and the Indebtedness by way ❑f forbearance vr
<br /> extension without releasing Grantflr from th� obligatians of this Assignment or liability under the Indebtedness.
<br /> Time is af the Essence. Time is ❑f the essen�e in the perfvrmance vf this Assignment.
<br /> VIlai�er o# Homes#ead Exemptivn. Grantar hereby releases and wai�es a!� rights and benefits af the hamestead
<br /> exemptian faws of the State of Nebraska as to all �ndebtedness secured by this Assignment.
<br /> Wai�er vf Right of Redemption. N�TWITHSTAND�NG ANY �F THE PR�VlSIQNS T� THE CDNTRARY
<br /> CONTA1NEa IN THIS ASSIGNMENT, GRANT�R HEREBY WAIVES ANY AN�ALL RIGHTS �F REDEMPTI�N FR�M
<br /> SALE IJNDER ANY ORDER �R JUDGMENT ❑F FDRECL�SURE flN GRANTaR'S BEHALF AND ON BEHALF �F
<br /> EACH AND EVERY PERSDN, EXCEPT JUDGMENT CREDlT�RS �F GRANT�R, ACQIJIRING ANY 1NTEREST IN �R
<br /> TITLE T❑ THE PR�PERTY 5UB5E�LJENT T�THE DATE QF THIS A55lGNMENT.
<br /> DEFINITI�NS, The following �apitalized words and terms shall have the fo�lvwing meanings when used in this
<br /> Assignment. Unless spe�ifically stated tv the contrary, all references to do�lar amounts shall mean amoun�s in Cawful
<br /> money ❑f the lJnited States ❑# Ameri�a. V1lords and terms used in the singular shall include the plural, and the plural
<br /> shall include the singular, as the context may require. Words and terms nat atherwis� defined in this Assignment shall
<br /> ha�e the meanings attributed tv su�h terms in the Uniform �vmmer�ial �ode:
<br /> Assignment. The w�rd "Assignment" means this A551GNMENT �F RENTS, as this ASSIGNMENT DF RENTS may
<br /> be amended ar madified frvm t�me tn time, together with all exhibi�s and schedul�s atta�hed tn this A551GNMENT
<br /> OF RENTS from time ta time.
<br /> Borrvwer. Th� word "6orr�wer" means G R EG W RO Bg.
<br /> Default. The wvrd "De#ault" means the ❑efauit s�t forth in this Assignment in the section ti#led "Default".
<br /> E�ent of Default. The wards "E�ent ❑� Default" mean any of the e�ents af d�#ault set fvrth in this Assignment in
<br /> the defau�t s�ction ❑f this Assignment.
<br /> Grantor. The ward "G rantor" means G R EG W R�]B6.
<br /> Guaranty. The word "Guaranty" means the guaranty from guarantar, �ndarser, surety, ❑r accommvdatian party to
<br /> Lender, inc�uding without limitatian a guaranty❑f all or part of the Note.
<br /> Indehtedness. The word "lndebtedness" means all principal, interest, and ❑ther amounts, costs and expenses
<br /> payable under the Nate ar Re�ated Documents, together with all renewaks af, extensions of, modifi�ativns af,
<br /> consolidations afi and substitutivns for the Note or Related DvGuments and any amounts expended or ad�anced by
<br /> Lender t❑ discharge Grantor`s obligatians ❑r expenses incurred by Lender to �nfarce Grantor's abligations under
<br /> this Assignment, together with interest on such amvunts as pro�ided in this Assignment. Spe�F�i�ally, without
<br /> I�mitativn, Indebtedness includes the future ad�ances set fvrth in the Fu�ure Ad�ances pro�isian ❑f this
<br /> Assignment, togeth�r with all interest thereon.
<br /> Lender. The ward "Lender" means F��e Points Bank, its suc�essors and assigns.
<br /> Note. Th� wvrd "Note" means the promissory nnte dated January 12, Z�17, In the ariginal principal
<br /> amvunt af $���.�D�.O� from Grantor to Lender, tvgether wi�h afI renewals of, extensions ❑f, madificatic�ns
<br /> of, refinancings of, �ansolidations of, and substitutions fc�r the prvmissary note ar agreement.
<br /> Property. The word "Praperty" means all of G rantar's right, title and inte�est �n and ta a[f the Property as
<br /> described in the "Assignment" sectian ❑f this Assignment.
<br /> Related Dv�uments. The wards "Related I�ocuments" mean all promissory nates, credit agr�ements, loan
<br /> agreements, en�ironmental agre�ments, guaranties, se�urity agreements, mvrtgages, deeds of trust, security
<br /> deeds, �ollaterai martgages, and al1 oth�r instruments, agreements and dacuments, whether nvw ❑r hereafter
<br /> existing, exe�u�ed in cannection with the Indebtedness.
<br /> Rents. The word "Rents" means all of �rantor's present and future rights, title and interest in, to and under any
<br /> and all present and future leases, including, without limitatian, all rents, re�enue, incvme, issues, royalties,
<br /> bonuses, ac�ounts recei�able, cash or security deposits, ad�ance rentals, profits and praceeds from the Property,
<br /> and ❑ther payments and benefits deri�ed or to be deriued �ram such leases of ��ery kind and nature, whether due
<br /> n�w or later, including without �imitation Grantor's right ta enfarce such leases and to recei�� and collect payment
<br /> and prviceeds thereunder.
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