|
'�f..,d Rf��i� :,�'"I,n r ��,.. --- . _ ' _ ° ...:..
<br /> ° -.�...,,_.r.at4:�;� 1 K .e � -` 9-'�° f;":,::�•�.�.fic����-�_ &���zu�e.�ts�,su 1 :"� .�t�i+�n�1 .P ij,� -�r i.....'. .
<br /> -,_..; .- ____.—_ . _—_
<br /> - �.�,..ir- -� ,, �1-;��.-- ...._ . r.u. n.� ti:s�a, �vrrwx��.l,;n .,. --'--�-
<br /> .ai:i•�� - j4i '1}'` -- - - - ' � _ --° — _-,..
<br /> .__,_.... - ----- ----
<br /> -� --'- '— ..
<br /> � . ___.... _ �_—... _
<br /> .... ._... � � �
<br /> �
<br /> • r'x'V-20?.T�T �i 2a"��t� t 521)
<br /> �`''' Grand Island, Nabraska
<br /> .1 : ' ,.
<br /> ,
<br /> � �4.�
<br /> ; . 90-- 104 26 7
<br /> � ' TERMINPITION Oi� COLL.�TERAL ASSIGNMENT
<br /> , -j OF CdLLP►TER�►L A9SIGNMENT OF LEASES
<br /> � .
<br /> �
<br /> � ' THIS TERMINPiTION OF COL L ASSIGNMENT OF COLLATERAL
<br /> i P►SSIGNMENT Og LEA3E$ is mada this day of February, 1990 by
<br /> APPLE B1�NK FOR SAVING3, a New York s ock-form savings bank, with
<br /> ; offices loca�ted a�t 205 East �2nd Street, New Yark, New York
<br /> i ( "APPle") �
<br /> � '
<br /> � WI TNES SE TH:
<br /> � .
<br />° ; � N Kenbee Management, Inc. , a Delaware corporation,
<br /> ; � Kenbea ) is the owner of certain premises described in Exhibit
<br /> "A" attache8 hereto anc� made a part hereof (the "Premises") . In
<br /> 1 connection with its acquisition of the Premises, Kenbee axecuted
<br /> } and delivered a certain Collateral Assignment of Leases and Rents
<br /> ! (the �Kenbee Assignment") antea as of 3anuary 30, 1990 in favor
<br /> � of Del-Val Financial Corporation ( "Del-Val") to secure a loan in
<br /> � the oriqinal amount of Two Million Three Hundred Seventy-Eight ' '
<br /> Thousand Eight Hu,ndrad and Fifty-Six 00/100 Dollars ��.r
<br /> � ($2,378,856.00) , evidanced by the note of Kanbee to Del-val in -
<br /> , i __
<br /> that aunount also dated January 30, 1990 (the�Kenbee Note") . The
<br /> � __ �e3'1�A_A33�Qt111fA1'ff w1�v re �r e .... ra..L_______ � _ __ _ _ ______
<br /> - Z .� —• ---- �...�v� vaa �rCtvititti .-.._.. ....__ ... '__...
<br /> - ,_-- _ . ..- _ . .._.. �_ Y ��. iyyo in Record
<br /> • BAOk, veri�mer , , Cler�k of Hall County, -
<br /> . : Nebraska. ,��M �� �
<br /> ;
<br />� � � Del-val is indebted to Apple in the original principal
<br /> � amount of Seven Million and 00/100 Dollars ($7,000,000.00� as
<br /> � evidenced by its revolving credit note in that amount dated
<br /> f January 30, 1990 (the "Del-Val Note") . To secure payment of the —
<br /> , Del-Val Note, Del-Val executed and delivered to A le,
<br /> ; pp inter
<br /> ; alia, a certain Collateral Assignment of Collateral Assig emm �t of
<br /> , , L ases and Rents datec3 January 30, 1990 and eco ded on February
<br /> i H�11 Count�n Record Book, �. �, .�� ;,�,Clerk of
<br /> : y, Neb�aska (the Assignment"� , p rsuan o which
<br /> DeI-val collaterally assigned to Apple all of its right, title
<br /> ; and interest in the Kenbee Assignment. ��
<br /> ° �._
<br /> � Apple now desires to terminate �the Assignment and ��
<br /> � � thereby terminate all of its rig�t, title and interest in the
<br /> ; Kenbee As�ignment. "
<br /> � NOS�1, THEREFORE, for good and valuable consideration,
<br /> ' the receipt and sufficiency of which is hereby acknowledged, and
<br /> �N�1116M� -
<br /> � � p�,of O�e�
<br /> � � ---- � �
<br /> h
<br /> , ��'
<br /> � �
<br /> ' �-
<br /> �:. �
<br /> � �
<br />
|