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2� 17� 145� ASSIGNMENT �F RENTS L�an No: 'f��3�26�3 �Continued� Page � Grantar, tagether with all interest ther�vn. TH�S ASSI�NMENT IS GIVEN T� SECURE �1} PAYMENT DF THE INDEBTEDNESS AND �2� PERFQRMAN�E �F ANY AND ALL DBLIGATIQNS OF GRANT�R UNDER THE N�TE, THIS ASSIGNMENT, AND THE RELATED ❑�CIJMENTS. TH15 ASSIGNMENT �S GIVEN AND ACCEPTED �N THE FDLL�WING TERMS: PAYMENT AND PERF�RMANCE. Except as otherwise pro�ided in this Assignment or any R�iated Documents, Grantar shall pay '�❑ Lender all amaunts s�cured by this Assignment as they become due, and shall strictly perfarm all af Grantflr's obligations under this Assignment. Uniess and until Lender exer�ises �ts right t� collect th� Rents as pro�ided belvw and so long as there is nv defau�t under this Assignment, Grant�r may remain in passessian and contral af and op�rat� and manage the Property and callect the Rents, pra�ided that the granting of the right to coilect the Rents shaii not constitute Lender's consent to th� use o�cash collatera� in a �ankruptcy proceeding. GRANT�R'S REPRESENTATI�NS AND WARRANTIES. Grantar warrants that: �wnsrship. Grantar is entitled t❑ r�cei�e the Rents free and clear ❑f al� rights, ioans, liens, encum�ran�es, and ciaims except as disc�ased to and a�cepted by Lender in writing. Right to Assign. Grantor has the fu�f right, power and authQr�ty to �nter inta this Assignment and to assign and can��y the Rents ta Lende�. No Prior AssEgnment. Grantar has nat pre�iously assigned or can�ey�d th� R�nts to any other person by any �nstrument n�w �n #orce. No Further Transfer. �rantor will not sel�, assign, en�umb�r, or otherwise dispose of any�f Grantvr's rights in the Rents except as pro�ided En this Assignment. LENDER'S RIGHT T� RECElVE AND CQLLECT RENTS. Lender shall ha�� the right at any t�me, and e�en though n❑ default shall ha�e o�curred under this Assignment, to collect and recei�e the F��nts. For this purpvse, Lender is her�by gi�en and granted the #ollvwing rights, powers and authority; N�tic� #a Tenants. Lender may send notices t❑ any and all tenants af the P�operty ad�is�ng them af th�s Assignment and directing all Rents to be paid directly tv Lender vr Lender's agen�t. En#er the Praperty. Lender may enter upvn and take possession of the Property; demand, c�llect and recei�e from the tenants vr from any ather persnns liabfe th�re#or, a�l af the Rents; institute and carry on all legaf praceedings necessary �ar the prvtection af the Prop�rty, including such proceedings as may be necessary ta reco�er possession vf the Property; collect the Rents and remoWe any tenant or tenants ❑r other persons fram the Property. Maintain the Property. Lender may enter upon the Pr�perty ta maintain the Property and keep the sam� in repair; to pay the costs thereof and vf a�! ser�ices of ali employees, including their equipment, and of all �ontinuing casts and �xpenses of maintaining the Property in proper repair and �ondition, and also to pay all taxes, assessments and wa��r utilities, and th� p�emiums vn �tre and other insurance effected by Lender on the Prop�rty. Compliance with Laws. Lender may dv any and ali things ta execute and comply with the laws of the State af Nebraska and alsv all other iaws, ru�es, ❑rders, ardinances and requirements ❑f a�f other g��ernmental agen�ies affecting the Property. Lease the Property. Lender may rent or leas� the whale or any part of the Property far such term ar terms and �n su�h canditians as Lender may deem appropriat�. Employ Agents. Lender may engage such agent or agents as Lende� may de�m appropriate, either in Lender's name or in Granta�'s name, ta rent and manage the Praperty, including th� collectian and applicativn �f Rents. �ther Acts. Lender may do all such other things and acts with respe�t t� the Property as Lender may deem appropriate and may ac� exciusi��ly and solely in the place and stead of Grantor and tfl ha�e all of the pawers af Grantar for the purpnses stated aba�e. Na Requirem�nt to Act. Lender shall not be r�quired to do any af the foregoing acts ar things, and the fact that Lender shali ha�e per�armed one �r mare ot the toregoing acts or things shalf not require Lender to da any other specific act vr thin�. APPLICATIDN DF RENTS. All costs and expenses incurred by Lender in connectian with the Property shall be for Grantor's accaunt and Lender may pay such costs and expens�s fram the Rents. Lender, in its sale discretion, shail determine the applicatian of any and all F��nts re�ei�ed hy it; howe�er, any such Rents recei�ed by Lender which are n�t appli�d t❑ such C�5t5 and expenses shall be applied ta the Indebtedness. Aii expendi�ures made by Lender under this Assignment and nat reimbursed fr�m the Rents shall b�cnme a part of th� Indebtedness se�ured by this Assignment, and shall he payab�e on demand, with interest at the Note rat� from date ot expenditure until paid. FULL PERF�RMANCE. If Grantor pays all af the indebtedness when due and otherwise performs al! the obligations impos�d up�n Grantar under this Assignment, the Note, and the Related Dacuments, Lender shall execu#e and deli�er ta Grantor a suitable satisfaction of this Assignment and sui�able statements af terminatian ❑f any finanGing statement vn file e�idencing Lende�'s se�urity interest in the Rents and the Praperty. Any termination f�e required by law shali be paid by Grantar, if permitted by appli�able law. LENDER'S EXPENDITURES. If any acti�n vr prviceeding is cvmmenced that would mat�riaily affect Lender's interest in