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WHEN RECORDED MAIL TO: rA Five Points Bank Attn: Diers ° PO Box 1507 Grand Island, NE 68802 -1507 FIvE P0INT8 BANK IIIII IIIIIII II IIIIIII IIIIII I III 111 II1I13001115" 1111 III 111111111 1111111 "00000010130 II r r i FOR RECORDER'S USE ONLY ASSIGNMENT OF RENTS THIS ASSIGNMENT OF RENTS dated December 1, 2017, is made and executed between OLD ELKS BUILDING DEVELOPMENT LLC (referred to below as "Grantor ") and Five Points Bank, whose address is 2009 N. Diers Ave., PO Box 1507, Grand Island, NE 68802 (referred to below as "Lender "). ASSIGNMENT. For valuable consideration, Grantor hereby assigns, grants a continuing security interest in, and conveys to Lender all of Grantor's right, title, and interest in and to the Rents from the following described Property located in HALL County, State of Nebraska: That part of Lots One (1), Two (2) and Three (3) of Block Eighty -Nine (89) of the Original Town, now City of Grand Island, Nebraska, more particularly described as follows: Commencing at the North - Easterly corner of said Block Eighty -Nine (89) and running thence Westerly along the southerly line of First Street, a distance of One Hundred and Fifty -Two (152') feet; thence in a southerly direction and at right angles with said First Street a distance of Sixty Feet (60'); thence in a easterly direction and parallel with said First Street a distance of One Hundred and Nineteen and Six Tenths (119.6') feet to the Westerly line of Locust Street; thence Northerly along the west side of Locust Street to the place of beginning, all in the City of Grand Island, Hall County, Nebraska. The Property or its address is commonly known as 205 W 1ST ST, GRAND ISLAND , NE 68801 -6017. 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, Fri ro C7 Z co f�7 X 0