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<br /> � KTrJ-285.TXT 2123/�Q (521�
<br /> Grand i�land, Nebreske �
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<br /> = 9��.. �o42se
<br /> T�RMINATION OF '
<br /> ; COLLAT�L 1►9SIGNMENT OF LIEN
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<br /> 1 ,.T�S TERMTNATION OF COLLJITERAL ASSIGNMENT AF LIEN is
<br /> � made this L-� day of Febsuary, 1990 by APPLE HANK FOR SAVINGB, a
<br /> 1 NsM York s�oCk-form savings bank, Nith offiee� at 20S East 42nd
<br /> � ; Street, Nsw Yozk, NeN Xork �"�ipple" ) .
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<br /> � � W ITNES4ETFI:
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<br /> � Kenbee Manaqement, Inc. , a DelaWare corporation,
<br /> ' ("Kenbee") is the owaer of certain premises described in �xhibit
<br /> "A" attached hereto and made a part hereof (the "Premises") . �n
<br /> connection with its acquisition of the Premises, Kenbee executed
<br /> � a�nd dslivered a certain Deed of Trust and Security Agreement (the
<br /> "Kenbee Deed o€ Trust") dated as of January 30, 1990 in fnvor of
<br /> Del-Val Financial Corpo��tion ("Del-Val"� to secure a loan in the �
<br /> ' origina�l amount ,of TNO Million, Three Hundred Seventy-Eight � '
<br /> 1 Thousand, Eight Hundrad and Fifty-Six 00/100 Dollars � =
<br /> i ($2.378,856.00) , evidenced by the note of Kenbee to Del-Val ia � �i
<br /> � that amount also dated January 30, i990 (the "i�enbee Note") . The �:.
<br /> -- --- - - -- - - -- r�..u...... �.... n �ee � aa .�. A
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<br /> 1CeAOHB DOOQ v= lrutfti was raa:viucv vis rvarada:r •.- � .�+ +:! .._C...Y'.. _- -_ --__
<br /> Baok, �e�.-t�n , , Hall �nty, Nebraska. �
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<br /> Del-val is inasbted 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 /> , January 30, 1990 (the "Del-Val. Note") . To secure payment of the
<br /> , " Del-val Note, Del-val executed and delivered to Apple, inter
<br /> a�lia, a certain Collateral Assi nment of Lien dated 3anuary 30
<br /> . ' 1990 and recorded on February�, 1990 in Record Book,CQSC,,#� �0 '�DO(�3�'
<br /> v►e�,�, ;-pagoa- - C erk of Hall County, Nebraska (the
<br /> "Assigrun�) , pursu���whfc� Del-val collaterally assigned to
<br /> Apple all of its rig h t, t i t le an d in teres t in t he Ken b e e D e e a o f
<br /> Trust and the Kenbee Note. � .�
<br /> � Apple now desires to terminate the Assignment and ; �:
<br /> ; thereby terminate all of its right, title and interest in the •,
<br /> . Kenbee Deed of Trust and in the Kenbee Note. ' .
<br /> NOw, THEREFORE, for good and valuab2e consideration,
<br /> � the receipt and sufficiency of which is hereby acknowledged, and
<br /> intending to be legally bound hereby, Apple c�oes hereby terminate
<br /> the Ass3.�ament and release, discharg2 and rea�s ign to �el-val all
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<br /> — R�,of Ooaas t=-°==-
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