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2� 17� 1839
<br /> ASSiGNNiENT �F RENT�
<br /> Lvan Na: 'I�'I 3���7J ���r7tinu�d� Page 5
<br /> Powers of Attorney. The various agencies and powers ❑f attvrney convey�d an Lsnder under this Assignment are
<br /> granted for purposes ❑f seGurity and may not he re�oked by Gran�or unti� such time as the same are renounced hy
<br /> Lender.
<br /> Severability. 1f a cou�t a� c�mpe�ent jurisdictEon tinds any pr��ision v� this Assignment t� be illegal, in�alid, vr
<br /> unento�ceab�e as t❑ any circumstance, �hat �inding shali not make the �ffending pra�is�an iElegal, �n�alid, or
<br /> unen�or�eable as ta any other circums�ance. I# feasihle, the nffending provisivn shaIl be considered mvdi�FE�d so
<br /> tha� it �ecomes legal, valid and enfvresab�e. 1� the offending pro�ision cannot be s� modi�ied, it shail be
<br /> considered deleted from th�s Assignment. Unless ❑therwise required by law, the i!legal�ty. inWalid�ty, or
<br /> unenforceabili�y ❑t any pr��isivn a� this Assignm�nt shal� not af�e�t the legaEEty, �a[idity ar enforceabili�y ❑� any
<br /> ❑ther prn�is�fln v�this Assignment.
<br /> Successars and Ass�gns. 5ubject t� any Iimi�ativns stated in this Assignmenfi�n�ransfer of Grantor's int�rest� �h15
<br /> Assignment shafi be binding upon and inure to th� bene#�t of the parties, their successvrs and assigns. If
<br /> vwnership of�he Praper�y becomes �es�ed in a pe�s�n other than Grantvr, Lender, withou�notic�to Grantor, may
<br /> deal with Grantar's successors w�th refer�nce fio�his Assignment and the �ndebtedness �y way a��flrbearance ar
<br /> extensivn without re�easing Gran�ar from the vbligatians ❑f this Ass�gnment or�iabiiity under the Indebtedness.
<br /> Time is of the Essence. Time is of�he essence in the performance of this Assignmen�.
<br /> Wai�er vf Hvmestead Exemption. Grantar hereby releases and wai�es ali rights and benefits o� the homestead
<br /> exempfiian�aws�f�he State ot Nebraska as fio all Indebtedness secured by this Assignm�nt.
<br /> Vllaiver vf Righ� of Redemp#ion. N�TWITHSTANDING ANY �F THE PR�V�5jON5 T4 THE C�NTRARY
<br /> CONTAINED 1N THIS ASS�GNMENT, GRANT�R HEREBY WAlVES ANY AN� ALL RIGHTS DF REflEMPTI�N FR�M
<br /> SALE UNaER ANY �RDER DR JU��MENT �F F�RECL�S�RE �N GRANT�R'S BEHALF AN❑ �N BEHALF �F
<br /> EACH AN❑ EVERY PERSDN, EXCEPT JUDGMENT CREC]�T�RS �F GRANT�R, ACQU�RING ANY iNTEREST [N �R
<br /> TlTLE TD THE PR�PERTY SUBSECZUENT T�THE DATE�F THiS ASSIGNMENT.
<br /> DEFINITI�NS. The foliawing capitaiized words and terms shalI ha�e the �ollowing meanings when used in �his
<br /> Ass�gnment. Un�ess speci#icaliy stat�d to �Che cantrary, al� �e�Ferences ta dvllar amounts shai� mean am�unts in lawful
<br /> money af the United Sta�es o� America. V1lords and �erms used in �he s�ngu�ar shall include �he p�ural, and the p�ural
<br /> shal� include the singular� as the context may require. Wards and terms not otherwise defined in this AssEgnment sha�i
<br /> ha�e the meanings attributed to such terms in the Unitvrm G�mmercial Code:
<br /> Assignmen#. Th�ward "Assignment" means this A55lGNMENT DF RENTS, as this ASSiGNMENT�F RENTS may
<br /> be amended ar modEfied #rom time�o time, together with a�l exhihit��=and schedules attach.e�i:,.��.this�;ASSlGNMENT
<br /> DF RENTS from time to time. 3 � -° '��'a�a�� �• �
<br /> � �<, • � • ,.,, :
<br /> r��
<br /> Borrower. The word "Borrower" means THE�D�RE J R�Bg. � ��,, s • �
<br /> �-�...». , •� �r } �
<br /> Default. The word "De�au��" means�he De�auEt set fiar�h in this Assignmenfi in the sec�ion���fre'd "�e�ault".
<br /> Event vf De�aui�. The words "E�ent ❑� Defau��" mean any ❑��he �ven�s �f default set farth in�his Assignment in
<br /> the de�au�t se��ivn o�this Ass�gnm�n#.
<br /> Grantvr. The word "Grantor" means THE�DURE J R�E3B.
<br /> Guaran#y. The ward "Guaranty" means the guaranty�ram guarantor, endvrser, surety, ❑�r accammodation par-�y to
<br /> Lender� including wi�hvut Eimita�ivn a guaran�y vf a�i or par�o�the Nvte.
<br /> Indebtedness. The word "indebtedness" means a!I p�incipa�. int�rest, and ❑ther amounts, costs and expenses
<br /> payabie under �he Nvte or Related Documents, together with a�i renewa�s o�, extensivns of, madifications ��,
<br /> cansvEidations a�and suhstEtutians �ar the Note vr Re[ated Dacuments and any amoun�s expend�d or advanced by
<br /> Lender to discharge Grantvr's �bligarions or expenses in�urrsd by Lender �o enfarce Gran�tvr`s abliga�ians und�r
<br /> th�s Ass�gnment, tvgether with interest �n such amaunts as pra�ided in this Assignmen�. Speci�F�cat�y, wi�hvut
<br /> EEmitat�on, Indebtedness incEudes the future ad�ances set forth in �he Fu�ure Advances pro�Esian of this
<br /> Assignmen#,�ag�ther wifih all int�res��hereon.
<br /> Lender. Th�wvrd "Lender" means Fi�� Points Bank, its successors and assigns.
<br /> Nvte. The ward "No�e" means�he prnmissvey note dated March �6, 2�17, in the ariginal prin�ipa� amaunt
<br /> of $7.975.2��.�❑ fr�m Grantvr to Lend�r, together with a!! renewals ��, ex�ensi�ns of, modEfications o�,
<br /> refinancings❑f, cvnsolidations a�. and subst�tu�ions fv�the pr�missory nate or agreemen�.
<br /> Property. The word "Property" means ali ❑� Grantor`s right, title and int�rest in and tv a[i the Property as
<br /> described in the "Assignment" sec�ion af this Assignrnen�.
<br /> Related Do�umen�s. The wvrds "R�la�ed Do�uments" mean aIE promiss�ry no�es, credit agreements, lvan
<br /> agreemen�s, en�ironmentai agreemen�s, guaran�ies, securEty ag�eements, mortgages, desds o� trus�, security
<br /> deeds. cvlia�teral mortgages, and a!! other instruments, agre�ments and documents, whether naw or hereaft�r
<br /> existing, executed in cannectEan wi�h the lndebtedness.
<br /> Rents. The word "Rents" means aj� ❑f Grantor's present and �Future rights, titie and interest in, to and under any
<br /> and all present and future �eases, inc�uding, without lim��atian, a[[ �ents, revenue, incame, issues, rvyalt�es,
<br /> banuses, accounts recei�ab�e. cash or secu�-ity deposits, ad�ance rentais, prv�its and pr�ceeds #�om the Property�
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