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Assignee shall be under no obligation to Assignor to press any of the rights or claims assigned to it hereunder or to perform or carry out any of the obligations undertaken by Assignor under the leases, and it does not assume any of the liabilitiast in connection with, or rising or growing out of, ? �' 1�fownants and agreements of the Assignor, and Assignor cowenents and agrees that it will faith- Tully perform all of the obligations imposed upon It under the leases herein assigned, and agrees to indemnify Assignee, and hold Assignee harmless, from any and all liability, loss or damage which may or might be incurred by Assignee under the laws or under or by reason of this Assignment, and from any and all claims and demands whatsoever which be asserted apeinst the Assignee by reason of any a/leped obligation or undertakings on its part to perform or discharge any of the terms, covenants or shall not operate to place responsibility for the control, care management or repair of said leased promises upon Assignee, nor for the carrying out of the terms and conditions of the leases, nor shall it operate to make Assignee responsible or liable for any waste committed on the property by tenants or occupants under such leases or any other party, or for any dangerous or defective condition of the premises or for any negligence in the management, upkeep, repair or control of said premises resulting in loss, in%ury or death to any tenant, licensee, employee, occupant or any other persons. Upon payment in full of the indebtedness for which this Agreement is addition e., security,,.. this Assignment shall be, and become, null and void from and after said date; and a iPwisa, i t shall remain and be in full force and effect as herein provided, and together with thw covenena and warranties herein contained, shall inure to the benefit of the Assignee and any subrent holder of said indebtedness, and shall be binding upon Assignor, its heirs, executors, administrators, successors and assigns n subsequent s and f y bsequent owner of the mortgaged premises. IN WiMESS WHEREOF, Assignor has executed this Agreement as of the day and year above written. Wayne E. May 44. Ardith C. May STATE OF NEBRASKA J )SS. COUNTY OF HALL J -06 &is_. �._._ dayof Febrgary. 1989 A.D., before nz *Watary P4r1,► tic. lnrdeaffair '•saidCounty;personallyapperared Wayne E. May and Ard{th C. to mo *n Ow be the persons named in and who executed the foregoing instrument, and ackrrowlected drat they executed the same es their t: voi niti y wt and dared.: WITNESS my hand and Notarial Seal on the day and year last above written.. z4L No ow um-NU dumb CAROLINE H. LEEP �r Coa EKg Fey. 1i,11ffl My commission expires EXHIBIT Lot One (1), in Block Sixty -Five (65), in oo cip V2 Original Town, now City. of Grand Island, Co cs ._4 7 1 Hal County, Nebraska. �� .,. -+, 00 � r+y .rR t0 rn = p w "n C rn l ern" f u = c- f v - Lw � � n► cn �' H 1h