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<br /> 1NHEN REC�RDE❑ MA�L T�:
<br /> FiWe Points 6ank
<br /> 5ou�h granch
<br /> 3'�'I'I 11V.5tolley Pk. Rd.
<br /> PD 6ox '15�7
<br /> �rand lsEand NE 688�� F�R REC�RDER'S U5E�NLY
<br /> �DDDD�fl�����13fl��44�����
<br /> ASSIGNMENT �F RENTS
<br /> TH�S ASS1GNn11 ENT �F RENTS dated Fehruary 3, �4�7, is made and executed between L & P
<br /> INVESTMENTS, L.L.C., A NEBRAS�A LIMITE❑ L1AB�L�TY ��MPANY �referr�d ta i�elaw as
<br /> "Granta�"} and Five P�ints Bank, wh�se address 15 3'I'1'1 V1l. Stalley Pk. Rd., P� Box '15a7,
<br /> Grand Island, NE �88�2 {r�ferred to hel�w as "Lender"}.
<br /> ASSIGNMENT. For valua�le cansideration, Grantor hereby assigns, grants a continuing security
<br /> inter�st in, and conveys to Lender a[I af �rantvr's right, title, and interest �n and to the Rents
<br /> fram the foll�wing descrihed Prvperty located in HALL County, 5tate of N�braska:
<br /> L�T 4 {FDUR}, gLaCK THREE �3}, STERLING ESTATES SUgaIVISI�N, 1N THE �ITY �F
<br /> GRAND ISLAND, HALL C�UNTY, NEBRASKA
<br /> The Prvperty or �ts addr�ss is �vmmvnEy kn�►nrn as 37�� N�RSE�lIAN AVE, GRAND ISLAN�3,
<br /> NE �88�3.
<br /> CRDSS-CflLLATERALIZATI�N. fn addi�ion t❑ �he No�e, �this Ass�gnment secures all vi�ligatians, debts and liahiliti�s,
<br /> plus interes��hereon, ❑�Granfior to Lender, or any one or mare of them, as well as all claims by Lender against Grantar
<br /> or any one ❑r more afi them, whe�her now exis�king or h�reafter arising, whether reiated ❑� unrelated ta the purpose ❑f
<br /> fihe Nate, whe�her �olun�ary v�- vtherwise, whether due vr nat due, dire�t ar �ndirect, determined or undet�rmined,
<br /> absolu�e or c�nt�n�ent, �Equidated �r unliquida�ked, whe�her Grantor may be lia�aie indi�idua��y ar jointly wi�th oth�rs,
<br /> whe�her obliga�ed as guarantvr, surety, accommvdation par�y ❑r�therwise, and whether reco�ery up�n such amounts
<br /> may be❑r herea�fter may become barred l�y any statute vf limitations, and whether�he at�ligation t� repay such amounts
<br /> may be vr hereaf�er may become atherwise unen�for��able.
<br /> FUTURE ADVANCES. ln additi�n ta the Nvte, this Assignmen�k secures all future advances made by Lender�� Grantor
<br /> whe�her o�- no� the advances are made pursuant tv a commi�menfi. Speci�icafly, without �imi�ation, this Asst�nmen�
<br /> secures, in addi�ion tv �he amounts specified in the Note, a!I �uture amoun�s Lender in its discre�ion may loan t�
<br /> Gran�ar,together with all in�eres�fihereon.
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