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2� 17� 145�
<br /> ASSI�NMENT �F RENTS
<br /> Loan No: 'I 0'f 3�2�63 �Cantinued� Page 5
<br /> first ciass, certified ❑r registered ma�! pastage prepaid, directed to the addresses shown near the beginning ❑� this
<br /> Assignment. Any party may �hange its address for natices under this Assignment by gi�ing forma! written notice
<br /> ta the other par�ies, specifying that the purpose of the notice is ta Ghange the party's address. For nat�ce
<br /> purposes, Grantor agrees to keep Lender informed at al! times af Gran�ar's current address. lJnless otherwise
<br /> pr��ided or required by law, if there is more than vne Grantor, any noti�e given by Lender to any Grantor is
<br /> de�med to be n�tice gi�en t❑ all Grantors.
<br /> Pawers of Attarney. The �arivus agen�ies and powers of attorney con�eyed vn Lender und�r this Assignment are
<br /> granted for purposes of security and may not be revaked by Grantor until such t�me as the same are renaunced by
<br /> Lender.
<br /> 5e�erability. It a court af competent jurisdi�tion finds any pro�ision �f this Assignment t❑ be illegal, in�alid, or
<br /> unenforceahle as to any person or circumstance, that finding shall not make the ❑ffending pr���s�on illega�, inva�id,
<br /> or unenforceable as to any other persan or c�rcumstan�e. If feasible, the offending pro�ision shall b� considered
<br /> modified sa that it becvmes legai, �alid and �nfarceable. If the affending pro�isian cannat �e so modified, it shall
<br /> be cansidered deleted fram �his Assignment. Unless otherw�se required by law, the illegality, in�alidity, nr
<br /> unenfiorceability of any pr��ision of this Assignment sha�l nat affect the legality, �alidity or enfarceability of any
<br /> other pro�isian af this Assignmen�.
<br /> 5u�cessors and Assigns. 5ubject to any limitations stated in �his Assignment on transfer of�rantor's interest, this
<br /> Assignment shail be binding upan and inure to the benefit af the parties, their successors and assigns. If
<br /> awnership ❑f the Praperty becomes ��sted in a person ather �han Grantor, Lender, without notice tv Grantvr�, may
<br /> dea! with Grantar's successvrs with referencs to this Assignment and the Indebtedness by way af farbearance or
<br /> extension withaut releas�ng Grantor fr�m the abligatians of this Assignment ar liability under the Indebtedness.
<br /> Time is of the Essence. Time is ❑f the essence �n the performance ❑f this Assignment.
<br /> INai�er af Homestead Exemp�ion. Grantor hereby releases and wai�es all r�ghts and benefits of th� hamestead
<br /> exemption �aws af the State of Nebraska as t❑ all Indebtedness secured by this Assignment.
<br /> DEFINITinNS. The following capitalized w�rds and terms shall ha�e the fa�lowing meanings when used in this
<br /> Assignment, lJnless speci�icaliy stated to the contrary, all references tv dollar amounts shall mean amounts in lawful
<br /> maney ❑f the United States af Ame�i�a. Words and terms used in the singular shal! inciude the plura�, and the plural
<br /> shall include the singular, as the contex� may require. Wvrds and terms nflt otherw�se defin�d in this Assignm�nt shall
<br /> ha�e the meanings attrihuted to such te�ms in the Llnifarm �vmmercial Gode:
<br /> Assignment. The wvrd "Assignment" means this ASSIGNMENT �F RENTS, as this ASSIGNMENT �F RENTS may
<br /> be amended ❑r modified fram time to time, tagether with all �xhibits and s�hedules attached ta this ASSIGNMENT
<br /> OF RENTS fram time to time.
<br /> �orrower. The word "Barrower" means JQSHIJA M VAN�E and JQHAIVNA E VANCE.
<br /> De�ault. The word "❑efault" means the ❑efault set forth in this Assignment in the section titled "I�efault".
<br /> E�ent ❑f Default. The wvrds "E�ent vf Default" mean any of the e�ents of default set forth in this Assignment in
<br /> th� de#ault section of this Assignment.
<br /> Grantor. The ward "Gran�or" means J4SHUA M VANCE and J�HANNA E VANCE.
<br /> Guaranty. The ward "Guaranty" means the guaranty fram guarantor, endvrser, surety, ar accvmm�dation party ta
<br /> Lender, including without�imitation a guaran�y o�all or part o�the Note.
<br /> Indehtedness. The word "Ind�htedness" means all principal, interes�, and other amounts, C05X5 and E}Cpen5E5
<br /> payable under the Note or Related Documents, together with all renewals of, extensions vf, modifications of,
<br /> consolidatians vf and suhstituti�ns for the Nate ar Related Dacum�nts and any amounts exp�nded ❑r ad�ancsd hy
<br /> Lender to discharge Grantor's abl�gati�ns or expenses incurred by Lender t❑ enfor�e Grantor's ob�igations under
<br /> �hEs Assignment, tagether with snterest ❑n such amvunts as pro�ided in this Assignment. Specifically, without
<br /> limitation, lndebtedness �ncludes the future ad�ances set farth in the Future Ad�ances pro�isit�n, tagether with all
<br /> interest therean and al! amaunts that may be indirectly secured by the �ross-Colfateralization pro�isifln o� this
<br /> Ass�gnment.
<br /> Lender. Th� word "Lender" means Fi�e Points Bank, its successars and assigns.
<br /> Note. The wflrd "Nate" means the promissvey note dated March G, ��17, in the original pr�ncipal amvunt
<br /> Df $'1�(�.(���.0� fram Grantor t❑ L�nder, together w�th all renewals ❑f, extensions ❑f, madifications of,
<br /> refinancings of, cansolida�ions af, and substitutions far the promissory note or agreement.
<br /> Property. The word "Property" means ai� ot Grantor's right, title and interest in and to ali the Property as
<br /> described in the "Assignment" sectian ❑f this Assignment.
<br /> Related Documents. The words "Re(ated Da�uments" mean all pramissory notes, credit agreements, �oan
<br /> agreements, enviranmental agreements, guaranties, security agreements, mortgages, deeds vf trust, security
<br /> deeds, col�ateral mortgages, and al! other instruments, agreements and documents, whether now or hereafiter
<br /> existing, executed in connectian with the Inde�tedness.
<br /> Ren#s. The word "Rsnts" means all af Grantor's present and #uture rights, title and interest in, to and under any
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