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2� 17��857
<br /> ASS�GN�ENT �F RENTS
<br /> Loan Nv: '1 D'13a2'I 35 �Continued} Pag� 4
<br /> callect the Rents, inc�uding amvunts pasfi due and unpaid, and app�y the ne� praceeds, ❑�er and abo�e Lender's
<br /> cvsts, against the Indeb�edness. �n fur�herance ❑f �his righ�, Lende� shall ha�e all fihe rights pra�ided far in the
<br /> Lend�r's Righfi fia Recei�e and Gollect Rents Sec�ion, abo�e. If �he Rents are colle��ed �y Lender, �hen Grantor
<br /> irre�vcably designates Lender as Grantar's at�orney-in-fac��❑ endorse ins�ruments recei�ed in payment fihereof in
<br /> �he name of �rantor and to negafiiate the same and col�ect the pr-v�eeds. Payments hy tenants or other users fio
<br /> Lender in respanse ta Lender's demand shall satisfy the abligativns �ar which �he payments are made, whether vr
<br /> not any proper grvunds for the demand existed. Lender may exercise i�s righ�s under-�his subparagraph either in
<br /> pe�svn, by agent, or through a recei�er.
<br /> ❑ther Remedies. Lender shall ha�� all ather rights and remedies pro�ided in �his Assignment �r the Nvte o�- by
<br /> law.
<br /> E�ectEon vf Remedies, Elec�ian hy Lender�o pursue any remedy shall na�exclude pursuifi❑�any❑ther remedy, and
<br /> an elecfiivn to make expenditures vr t❑�ake activn to per�orm an ob[igation at Gran�or under�his Assignment, a-�ter
<br /> Gran�or's fai�ure�o perform, sha#[ not affec�Lender's righ�to declare a de�fauIt and exer�ise its remedies.
<br /> Attorneys' Fees; Expenses. lf Lender institutes any suit ar acfiion �o enfarce any vfi the terms of this Assignmen�,
<br /> Lender shall be entitled �o recoWer such sum as the caurfi may adjudge reasonable as a�torneys' fees a��rial and
<br /> upvn any appeal. VVhe�her �r no� any cvur� action is in�o��ed, and to the ex��n� no� prah�bi�ed by �aw, all
<br /> reasonable expenses Lender incurs that in Lender's opinian are necessary a� any time for the prote��ion ❑f its
<br /> infieresfi ar the enforcement vf ifis righfis shall become a part❑fi the lnde�tedness payable �n demand and sha[l bear
<br /> �nterest at the Note rate from the date❑f�he expenditure un�il repaid. Expenses ca�ered by this paragraph include,
<br /> w�thoufi limi�ation, however subject to any limits under applicable �aw, Lender's att�rneys' fees and Lender's legal
<br /> expenses, whether or no� there is a lawsui�, in�luding a��orneys' fees and expenses f�r laankruptcy prac�edings
<br /> �includsng e��forts ta madi�y or Waca�e any au�omati� stay or in�uncfiian�, appeals, and any ant�cipated post-judgment
<br /> Gvllecti�n ser�ices, the c�st�f searching recards, oh�aining title reports �including �vreclosure r�ports}, sur�eyors'
<br /> repor�s, and appraisa� fees, ti�le insurance, and -�e�s �or the Trustee, ta fihe exfient permitted by applicable faw.
<br /> Grantor als❑will pay any court costs, in addition�a all othe�-sums pro�Eded by law.
<br /> N1lSCELLANEQUS PRDVl51�NS. The fvllvwing miscellanevus pr�Wisions are a part❑f�his Assignmen�:
<br /> Amendments. This Assignment, together with any Re�a�ed Documen�s, constitutes the entire undersfiandin� and
<br /> agreement o� the parties as ta �he matte�s set forth in this Assignment. N❑ al�eration ❑f or amendmen� tv th�s
<br /> Assignment shal� �e e�fecfii�e unless gi�en in wri�ing and sEgned by the parfiy ❑r parties sough� �o be charged ar
<br /> bound by�he alteration or amendment.
<br /> Captian Headings. Caption headings in�his Assignmenfi are for convenience purposes vnly and are nv�tv be used
<br /> to �nfierpret or defiine the pro�isions af this Assignment.
<br /> Governing Law. This Assignment will be governed hy �ederai Eaw applicahle to Lender and, to the ex�ent nat
<br /> preemp�ed by federal law,�he laws vf the S�ate of Nebraska without regard#v its confl�cts of!aw prvvisions. This
<br /> Assignment has heen ac�epted hy Lender in�he 5ta�te of Nebraska.
<br /> Chvice of Venue. lfi there is a lawsuit, Grantor ag�-ees upan Lender's request to submit to �he jurisdic�ion of the
<br /> cour�s af Hall Coun�y, Sta�e❑f Nelaraska.
<br /> Merger. There shall be no merger �f the interest or�sta�e created by this Assignment with any other infierest or
<br /> es�a�e in the Prop�rty at any time held �y or for the benefi�o�F Lender in any capacEty, withau��he wri�ten �onsen�
<br /> ❑f Lender.
<br /> Interprefiation. {'�} In all cases where there is more �han ❑ne gorrower or Grantor, �hen all words used in this
<br /> Assignment in the singufar shall be deemed to ha�e been used in fihe plural where the c�n�ext and cons�ructinn s❑
<br /> require. �2� ff more than❑ne person signs this Assignmen�as "Gran�or," the obligativns ❑�each Grant�r are joint
<br /> and se�eral. This means that if Lender b�ings a lawsuit, Lender may sue any ❑ne or more v� fihe Granfivrs. If
<br /> Borrower and Grantvr are not the same persan, Lender need not sue Borrvwer firs�, and that gorrowe�need no�be
<br /> j�ined in any lawsui�. �3} The names gi�en tv paragraphs Q�- sec�ions in this Assignmen� are �or can�enience
<br /> purposes only.They are nat to he used to interpre�❑r define the pro�isions❑�this Ass�gnment.
<br /> No 1NaiWer by Lender. Lender shall nv� be deemed ta ha�e wai�ed any righ�s under this Assi�nment unless such
<br /> wai�er is gi�en in writing and signed by Lender. N❑ delay or amission an�he part of Lender in exercis�ng any right
<br /> shall operate as a wai�er �� such righ� ❑r any ❑�her righ�. A wai�er hy Lender vf a pro�isian ❑#this AssFgnment
<br /> shall not prejudice ar canstitu�e a wai�er ❑fi Lender's right otherwise �a demand strEct compl�ance with tha�
<br /> pra�ision�r any o�her pro�isivn ❑f this Assignment. Na priar wai�er by Lendsr� nvr any�ourse of dea�ing be�ween
<br /> Lender and Grantvr, shali cans�i�ute a wai�er o#any a� Lender's righ�s or af any of Grantor`s obligativns as to any
<br /> �uture transac�ivns. Vllhene�er �he �ansent af Lend�r 15 required under this Assignmen�, the granting of su�h
<br /> consen� by Lender In any insfiance sha�i not �onst�tute �vntinuing consent to subsequent �nstances where 5L]Ch
<br /> ��nsen�is required and in a�E cases su�h consen�may be gran�ed ar withheld in the sole discre�ion of L�nder.
<br /> Notices. Any no�ice required to be gi�en under this AssEgnment shal! be given in writing, and shal� be ef�e�ti�e
<br /> wh�n actua[ly de[i�ered, when acfivally recei�ed by �elefacsimile {unless otherwise required by law�, when
<br /> depvs�ted with a natEonal�y recvgnized ❑�ernight courier, ❑r, i�mailed, when deposited in the United States mail, as
<br /> -�irst class, certified ❑r regist�r�d mail postage pre�aid, directed tv the addresses shown near�he beginning ❑f#his
<br /> Assignmen�. Any party may change its address �v� n�tices under this Assignment by giving fvrmal wri#�en not�ce
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