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201701897
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Last modified
3/28/2017 3:50:46 PM
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3/28/2017 3:50:45 PM
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DEEDS
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201701897
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WHEN RECORDED MAIL TO: <br />Five Points Bank <br />Attn: Diers <br />PO Box 1507 <br />Grand Island, NE 68802 -1507 <br />ATTACHED EXHIBIT "A" <br />FIVE POINTS BANK <br />1111111111111 III II II 11111 II (111 0111 I II 111111111111 <br />•0000000001013033 <br />ASSIGNMENT OF RENTS <br />ry <br />C) <br />r'J <br />r_) <br />II <br />CD <br />-J <br />I✓ <br />co <br />(O <br />FOR RECORDER'S USE ONLY <br />THIS ASSIGNMENT OF RENTS dated March 28, 2017, is made and executed between ERIC <br />DELANCEY, A Single Person, and MATHEW S PREISENDORF, A Married Man, and ARLENE M <br />PREISENDORF; His Wife (referred to below as "Grantor ") and Five Points Bank, whose address <br />is 2009 N. Diers Ave., PO Box 1507, Grand Island, NE 68802 (referred to below as "Lender "). <br />ASSIGNMENT. For valuable consideration, Grantor hereby assigns, grants a continuing security <br />interest in, and conveys to Lender all of Grantor's right, title, and interest in and to the Rents <br />from the following described Property located in HALL County, State of Nebraska: <br />The Property or its address is commonly known as 1024 N EDDY ST, GRAND ISLAND, NE <br />68801. The Property tax identification number is 400029774. <br />CROSS- COLLATERALIZATION. In addition to the Note, this Assignment secures all obligations, debts and liabilities, <br />plus interest thereon, of either Grantor or Borrower to Lender, or any one or more of them, as well as all claims by <br />Lender against Borrower and Grantor or any one or more of them, whether now existing or hereafter arising, whether <br />related or unrelated to the purpose of the Note, whether voluntary or otherwise, whether due or not due, direct or <br />indirect, determined or undetermined, absolute or contingent, liquidated or unliquidated, whether Borrower or Grantor <br />may be liable individually or jointly with others, whether obligated as guarantor, surety, accommodation party or <br />otherwise, and whether recovery upon such amounts may be or hereafter may become barred by any statute of <br />limitations, and whether the obligation to repay such amounts may be or hereafter may become otherwise <br />unenforceable. <br />FUTURE ADVANCES. In addition to the Note, this Assignment secures all future advances made by Lender to Borrower <br />or Grantor whether or not the advances are made pursuant to a commitment. Specifically, without limitation, this <br />Assignment secures, in addition to the amounts specified in the Note, all future amounts Lender in its discretion may <br />loan to Borrower or Grantor, together with all interest thereon. <br />THIS ASSIGNMENT IS GIVEN TO SECURE (1) PAYMENT OF THE INDEBTEDNESS AND (2) PERFORMANCE OF ANY <br />
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