201702671 - Laserfiche WebLink

Browse

WHEN RECORDED MAIL TO: Five Points Bank Broadwell Branch 2015 North Broadwell PO Box 1507 Grand Island, NE 68802 FIVE PoINTs BANK IY111111111l1111h 11111 I11 B11111 111111111111111111111111111111 111111111111111111111111 *0000000001013042950115* ASSIGNMENT OF RENTS co co —a FOR RECORDER'S USE ONLY a THIS ASSIGNMENT OF RENTS dated April 25, 2017, is made and executed between JASON K k .,1 4 UMMEL and AMY L UMMEL; Husband and Wife (referred to below as "Grantor ") and Five "'� Points Bank, whose address is 2015 North Broadwell, PO Box 1507, Grand Island, NE 68802 (referred to below as "Lender "). rel ASSIGNMENT. For valuable consideration, Grantor hereby assigns, grants a continuing security T interest in, and conveys to Lender all of Grantor's right, title, and interest in and to the Rents r�'1 vy from the following described Property located in HALL County, State of Nebraska: rri r oc LOT SEVEN (7), BLOCK SEVENTY SEVEN (77), WHEELER AND BENNETT'S THIRD ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA C/) The Property or its address is commonly known as 310 E 14TH ST, GRAND ISLAND, NE 68801. CROSS - COLLATERALIZATION. In addition to the Note, this Assignment secures all obligations, debts and liabilities, plus interest thereon, of Grantor to Lender, or any one or more of them, as well as all claims by Lender against Grantor or any one or more of them, whether now existing or hereafter arising, whether related or unrelated to the purpose of the Note, whether voluntary or otherwise, whether due or not due, direct or indirect, determined or undetermined, absolute or contingent, liquidated or unliquidated, whether Grantor may be liable individually or jointly with others, whether obligated as guarantor, surety, accommodation party or otherwise, and whether recovery upon such amounts may be or hereafter may become barred by any statute of limitations, and whether the obligation to repay such amounts may be or hereafter may become otherwise unenforceable. FUTURE ADVANCES. In addition to the Note, this Assignment secures all future advances made by Lender to Grantor whether or not the advances are made pursuant to a commitment. Specifically, without limitation, this Assignment secures, in addition to the amounts specified in the Note, all future amounts Lender in its discretion may loan to Grantor, together with all interest thereon.