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<br />WHEN RECORDED MAIL TO:
<br />GREAT WESTERN BANK
<br />Haldrega • Downtown
<br />PO Box 346
<br />424 West Ave
<br />Holdreoe. NE 88949
<br />Ill
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<br />FOR RECORDERS USE ONLY
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<br />ASSIGNMENT OF RENTS
<br />THIS ASSIGNMENT OF RENTS dated June 19. 2017, is made and executed between Mendez
<br />Enterprises, L.LC., whose address Is 2414 Sherman Blvd, Grand Island, NE 68803 -0000; A
<br />NEBRASKA LIMITED LIABILITY COMPANY (referred to below as "Grantor") and GREAT
<br />WESTERN BANK, whose address is PO Box 346, 424 West Ave, Hoidrege, NE 68949 (referred
<br />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 M and to the Rents
<br />from the following described Property located in Hall County, State of Nebraska:
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<br />Part of fractional Lot Eight (8) in fractional Block One (1) of West's Subdivision, an Addition
<br />to the city of Grand Island, Hall County, Nebraska, more particularly described as follows:
<br />Commencing at the Northwest corner of Fractional Lot Eight (8), above described and
<br />proceeding in a Southerly direction a distance of 33.9 feet to a point on the West Tine of
<br />Fractional Lot Eight (8), thence Northeasterly at a 60°35' angle for a distance of 64.17 Feet
<br />r" direction a point on the North line of Fractional Lot Eight (8), thence proceeding in a Westerly
<br />direction along and upon the North line of Fractional Lot Eight (8) a distance of 55.95 Feet
<br />to the place of beginning.
<br />Cnc The Property or its address is commonly known as 2323 W Old Lincoln Hwy, Grand Island, NE
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<br />CROSS.COLLATERAL12A71ON. In addition to the Note, this Assignment secures an obligations, debts and liabilities,
<br />plus interest thereon, of Grantor to Lender, or any one or more of them, as well as ail cams by Lender against Grantor
<br />or any one or more of them, whether now existing or hereafter arising, whether related or unrelated to the purpose of
<br />the Note, whether voluntary or otherwise, whether due or not due, direct or indirect, determined or undetermined,
<br />absolute or contingent, liquidated or unliquidated, whether Grantor may be fable individually or jointly with others,
<br />whether obligated as guarantor, surety, accommodation party or otherwise, and whether recovery upon such amounts
<br />may be or hereafter may berme barred by any statute of limitations, and whether the obligation to repay such amounts
<br />may be or hereafter may become otherwise unenforceable. If the Lender is required to give notice of the right to canoe!
<br />under Truth in Lending in connection with any additional loans, extensions of credit and other liabilities or obligations of
<br />Grantor to Lender, then this Assignment shatt not secure additional loans or obligations unless and until such notice is
<br />given.
<br />FUTURE ADVANCES. In addition to the Note, this Assignment secures an future advances made by Lender to Grantor
<br />whether or not the advances are made pursuant to a commitment. Specifically, without limitation, this Assignment
<br />secures, in addition to the amounts spedfed in the Note, all future amounts Lender in Its discretion may loan to
<br />Grantor, together with of interest thereon.
<br />THIS ASSIGNMENT IS GIVEN TO SECURE (1) PAYMENT OF THE INDEBTEDNESS AND (2) PERFORMANCE OF ANY
<br />AND ALL OBUGATIONS OF GRANTOR UNDER THE NOTE, THIS ASSIGNMENT, AND THE RELATED DOCUMENTS.
<br />THIS ASSIGNMENT IS GIVEN AND ACCEPTED ON THE FOLLOWING TERMS:
<br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Assignment or any Related Documents, Grantor
<br />shall pay to Lender of amounts secured by this Assignment as they become due, and shell strictly perform all of
<br />Grantor's obligations under this Assignment Unless and until Lender exercises Its light to collect the Rents as provided
<br />below and so long as there is no detault under this Assignment, Grantor may remain in possession and control of and
<br />operate and manage the Property and collect the Rents, provided that the granting of the right to coiled the Rents shall
<br />not constitute Lender's consent to the use of cash collateral In a bankruptcy proceeding.
<br />GRANTOR'S REPRESENTATIONS AND WARRANTIES. Grantor warrants that
<br />Ownership. Grantor is entitled to receive the Rents free and clear of all rights, loans, liens, encumbrances, and
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