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2� 17��855
<br /> ASSlGN11l�ENT �F RENTS
<br /> Laan Nv: '1��3��'I4� {Cantinued} Page 4
<br /> irre�ocab�y designates Lender as Granfivr's a�fivrney-in-�act to endars� instrumen�s receiv�d in payment thereo� in
<br /> the name o�Grantor and to negotiate �he same and collect�he praceeds. Payments by tenants or other users to
<br /> Lender in response t� Lender's demand sha�� sa�isfy the ❑bligations t�r which �he payments are made, whether❑r
<br /> not any proper grounds for�he demand existed. L�nder may exerc�se its righ�s under this subparagraph either in
<br /> persan, by agent, or thr�ugh a recei�er.
<br /> D�her Remedies. Lender shall ha�e all other righ�s and remedies proWided in this Assignment �r the Note vr by
<br /> �aw.
<br /> E[ec�ian af Remedies. Ele�fiion hy Lender to pursue any remedy sha�l not exclude pursuit of any o�her remedy, and
<br /> an elec�ion to make expenditures ❑r to take action�❑ perfarm an �bliga�ion of Grantor unde��his Assignment, after
<br /> Grantor's failure t❑ per�arm, shall not affec�Lend�r's righ��❑ declare a default and exercise its remedies.
<br /> Attorneys' Fees; Expenses. ��f L�nder institutes any sui�❑r action�o enfar�e any ❑�the��rms af�his Assignment,
<br /> Lender sha�I be entitled tv recv�er such sum as �he caurfi may adjudge reasvnable as att�rneys' tees at firial and
<br /> upan any app�al. Whe�her or not any court a�tion is in�ol�ed, and �o the extent not prohibited hy law, all
<br /> reasonable �xpenses Lend�r incurs tha� in Lender's opinion are necessary at any fiime �or the protec�ian ❑f its
<br /> in�erest or�he �n��rcement of its r�gh�s sha�� hecome a part vf the tndebtedness payable an demand and shall b�ar
<br /> in�erest at the Note ra�e from the date of�he expenditure until repaid. Expenses co�ered by�his paragraph include,
<br /> wi�hvut limi�a�ian, haw��er subjec��o any limits under applicable law, Lender's attarneys' �ees and Lender's legal
<br /> expenses, whether vr not there is a lawsuit, including attorneys' tees and expenses fivr bankruptcy proceedings
<br /> �including e�f�forts to modify or�acate any automa�ic stay or injunc�k�on}, appeals, and any an�icipated pas�judgment
<br /> �ollec�ion ser�i�es, the Gost of searching recvrds, abtaining title reports �in�luding fo�e�losure rep�rts}, sur�eyors'
<br /> reports, and appraisal f�es, fiitle insurance, and fees far the Trustee, ta �he exfient permitted 1ay applicable law.
<br /> Gran�or also will pay any courf costs, in addition ta a�I other sums pro�ided by law.
<br /> 1V115CELLANE�US PRDV�Sl�NS. The following miscellaneous pro�isions are a part o��his Assignmenfi:
<br /> Amendments. This Assignmenfi, tvge�her wifih any Rela�ed Documents, �onsti�utes th� entire understanding and
<br /> agreement ❑� the parties as �❑ the matters se� ��rth in this Assignment. N❑ alteration ❑f ❑r amendment ta this
<br /> AssEgnment shall i�e e��ectiWe unless gi�en sn writin� and signed hy the parfiy or parties svught fiv be �harged ❑r
<br /> hound by�he alteration ❑r amendment.
<br /> �aption Headings. Cap�ion headings in�his Assignment are for con�enience purposes on�y and are not t❑ be used
<br /> #o interpre�or define�he p�-��isions❑�this Assignment.
<br /> Governing Law. This Assignment will be gaverned by federal law applicable to Lender and, t❑ the exten� nv�
<br /> preemp#ed by#ederal Iaw,the laws of the 5tate vf Nebraska without regard to its conflic�s of!aw pro�risions. This
<br /> Assignment has heen accep�ed hy Lender in fihe Stafie o�Nebraska.
<br /> Choice vf Venue. If there is a lawsuit, Grantar agrees upon Lender's �-equest�� su�mi�to the jurisdi�tion af�he
<br /> caurts v�Hall Cvunty, 5tate v�Nehraska.
<br /> Merger. There sha�l be n❑ merger af the interes�k or estate �reated by this Assignment with any o�her interest or
<br /> esfiate in�he Praperty at any�ime held by or far fihe benefifi o�Lender in any capacity, wi�hout�he wri��en cansen�
<br /> of L�nder.
<br /> lnterpretation. {�� �n all cases where there is more than one Borrower ❑r Grantor, �hen a�1 wards used in this
<br /> Assignment in the singular shall be deemed�o ha�e been used in�he plural where the con�ext and �onstrucfiian so
<br /> require. ��} If mare�han one person signs this Assignment as "Gran�or," fihe oblEgativns of each Gran�or are�vin�
<br /> and se�eral, This means �hat if Lender brings a lawsui�, Lender may sue any ❑ne or more vf the Gran�vrs. If
<br /> Bvrrawer and G rantor are nat�he same person, Lend�r need nat sue Borrower first, and thafi Barrvwer need not be
<br /> jo�ned in any Eawsuit. {3} The names given �o pa�agraphs or sect�ons in this Assignment are ��r conWenience
<br /> pu�-poses only.They are nv��o be used tv in�erpret or define fihe prvv�sions a��his Assignment.
<br /> No VlJaiver by Lender. Lender shall nnt be d�emed t❑ ha�e wai�ed any �igh�s under this Assignment unless such
<br /> wa�Wer is gi�en in writing and signed by Lende�-. No deEay vr vmiss��n on the par�❑�Lender in exercising any right
<br /> shal� op�rate as a wai�er ❑f such right ❑r any ❑�her righ�. A wai�er hy Lender ❑f a pr��isivn v�this Assignmenfi
<br /> sha�� no� prejudice ar cons�i�ute a wai�er o� Lender's right otherwise t� demand strict complianc� with that
<br /> provision❑r any o�ther provision of this Assignment. Na priar wai�er by Lender, nor any cvurse vf dealing befiween
<br /> Lender and Gran�or, shall constitute a wai�er of any of Lender's rights �r of any af Grantor's obligations as�to any
<br /> future transac�ivns. VVhene�er fihe consen�t v� Lender is required under �his AssEgnmen�k, �he granting �f such
<br /> consent by Lender in any instance shall nat cons�i�ute continuing cansent �o subsequen� instan�es where such
<br /> consen�is �-equired and in all cases such consent may he granted�r wi�hhefd in the sole discret�vn of Lend�r.
<br /> Nv#ices. Any natice required �o be gi�en under this Assignment shall be gE�en in vvriting, and shal� 1�e effective
<br /> when actually deli�ered, when actually receiW�d hy tele�facsimile 4unless vtherwise required by law}, when
<br /> dep�si�ed wi�h a nationally recognized a�ernight�ourier, or, i�mailed, when deposited in the tJnit�d States mail, as
<br /> #i�st class, certified or reg�ster�d mail pastage p�repaid, d�rected t❑ �he addresses shown near the beginning ❑f this
<br /> Assignment. Any par�y may �hange its address �or notices under�his Assignmen� by gi�ing �ormal wri�ten na�ice
<br /> to �he a�her parties, specifying tha� the purpose vf �he no�ice is to change the party's add�-ess. Fvr notEce
<br /> purposes, Granfio�- agrees to keep Lender informed at al� times o# Grantvr's current address. Unless �therwise
<br /> pro�ided ❑r required by law, i� there is more than one Grantor, any natice gi�en by Lender tv any Granto� is
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