|
2� 17�2354
<br /> ASS��N�ENT �F RENTS
<br /> Laan Nv: '[��3D4�31 �C�nt�nued} Page �
<br /> ex�mption laws�fi the State of Nebraska as�o all �ndebtedness secur�d by this Assignment.
<br /> Wai��r of Righ� v� Redemption, N�TWITHSTAN�ING ANY DF THE PROVISI�NS Tfl THE ��NTRARY
<br /> C�NTAfNE❑ fN TH1S ASS�GNMENT, GRANTDR HERE6Y WAiVES ANY AND ALL RfGHTS flF REDEMPT�4N FROM
<br /> SALE UNDER ANY ❑RDER �JR JUDGMENT OF F�RECLQSURE ON GRANT�R'S gEHALF AND �N BEHALF �F
<br /> EACH AN[7 EVERY PERS�N, EXCEPT JUDGIVIENT CREDIT�RS OF GRANT�R, ACQLJ[R[NG ANY INTEREST IN �R
<br /> TITLE T�THE Pft�PERTY SIJBSEQ.UENT T❑THE �ATE�F THiS ASS�GNMENT. .
<br /> DEF1NITlQNS. The �o�iawing capi�aiized words and �erms shall ha�e the following meanings when used in this
<br /> Assignmen�. Un[ess specifi�ally stated to the cvntrary, all references to dai�ar am�unts sha[[ m�an amvunts in lawful
<br /> maney of �he Llnited States of America. INords and �erms used in the s�nguiar sha�l include the piural, and the plura�
<br /> shall include�he singular, as -�h� c�n�ex� may require. Vllords and terms not o�h�rwis� defined in this Assignment shall
<br /> ha�e the meanings at�ribu�ed to such terms in�he Unifarm Commercial Code:
<br /> Assignment. The word "Assi�nm�nt" means this ASSIGNMENT DF RENTS, as �his ASSIGNMENT �F RENTS may
<br /> be amend�d ar madified from �Eme to �ime, together with all exhibi�s and s�hedules at�ached to this ASS�GNMENT
<br /> �F RENTS fram�ime�o time.
<br /> Borrower. The ward "Barr�wer" means ❑�BESH FARMS, INC.; and MICHAEL L D�gESH.
<br /> D��au�t. The word "Default" means the ❑efaul�se�forth in�his Assignmen�in�he sec�ian titled "De�ault".
<br /> E�ent af Default. The v+ra�-ds "E�en� ❑� Defaul�" mean any ��the e�ents o�default set#orth in this Assignmen� in
<br /> �he de#au��sec�ion of�his Assignment.
<br /> Gran#or. The word "Grantor" means D�BESH FARMS, INC..
<br /> Guaranty. Th� word "Guaranty" means �he guaranty fram guaran�ar, �ndars�r, surety, or accommoda�ion party f❑
<br /> Lender, including withaut limi�a�ion a guaranty af all ❑r part of the Na�e.
<br /> lndehfedness. The w�rd "Indebtedness" means all principal, infierest, and ❑�her amounts, costs and exp�nses
<br /> payalale under fihe Note or Re�ated bo�umen�s, �age�her with a[l renewals of, extensions of, modifiicatians o-�,
<br /> consolida�ions o�F and substitutions for�he Note ❑r Rela�ed �ocumen�s and any amounts expended ❑r ad�anced by
<br /> Lender to discharge Grantor`s flb��gations or expenses incurred by Lender to enforce Grantor's vbligativns under
<br /> fhis Assignmen�, �ogether wi�h interest on such amaunts as pro�ided in -�his Assignmen�. 5pecifica[fy, wi�hout
<br /> limi�a�ian, Indeb�edness includes -�he �uture ad�ances set forth in the Future Ad�ances pr��ision, �ogether wi�h all
<br /> interes� thereon and all amounts that may he indirec�ly secured by the Gross-Cvllateraliza�ion pro�ision of this
<br /> Assignmen�.
<br /> Lender. The word "Lender" means Fi�e Poin�s Bank, i-�s su�c�ss�rs and assigns.
<br /> Note. The word "Na�e'° means -th� promissary n�-�e da�ed April z 2, 2017, in the origina� principa[ amaunt
<br /> of $7DO,��D.O� from gorrower �a Lender, t�gether wi�h all renewals ❑f, extensi�ns of, modi�i�atians ❑f,
<br /> refinancings of, consolidativns ❑f, and substi�utions for the promissary note or agreement.
<br /> Property. The word "Property" means all o� Grantar's right, title and interest in and �o alf the Pr�perty as
<br /> described in the "Assfgnmen�" se�tian❑fi this Assignrnent.
<br /> R�lated Documen#s. The words "Related Documents" mean all pramissary na�es, credit agreements, Eoan
<br /> agreements, enWironmental agreements, guaran�ies, securi�y agreemen�s, m�rtgag�s, deeds ❑f trust, security
<br /> deeds, colla�kera� mortgag�s, and all other inst�uments, agreements and documents, whether now or hereafter
<br /> existing, executed in conne�-tion with the Indebtedness.
<br /> Ren#s. The word "Rents" means all a�F Gran��r's present and fu�ure righ�s, title and interest in, to and under any
<br /> and a�� present and �utur� leases, inc�uding, wi�haut limi�ation, alE renfis, re�enue, �n�ome, issuss, rayalties,
<br /> banuses, accounts recei�abie, cash or securi-�y deposits, ad�ance rentals, profiits and proceeds trom fhe Prvper�y,
<br /> and other paymen�s and ben�fits deri�ed vr to be d�ri�ed �rom su�h leases of eWery f�ind and nature, whe�her due
<br /> now or la�er, including withoufi limi�ati�n Grant�r's right�❑ enfor�e such leases and to recei�e and colle�� payment
<br /> and proceeds�hereunder. �
<br /> THE UNDEf�SI�NED ACKN�VtifLED�ES HAVING READ ALL TH� PR�VlSI�NS QF TH1S A55iGNMENT, AND NDT
<br /> PERS�NALLY BLJT AS AN AUTH�R�ZED SIGNER, HAS CAUSED THIS ASSIGNMENT T� gE 51�NED AND ExECIJTED
<br /> �N BEHALF�F GRANT�R (3N APRlL '12, 2�'17.
<br /> GRANTQR:
<br /> D�BESH FARMS, 1NC.
<br /> �
<br /> By: . �
<br /> CHAEL L ❑�BESH, President of D�BESH FARMS, INC.
<br />
|