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<br />-ASSIGNMENT Of LEASES AND RENTS
<br />90,.,,,1048. 43 .
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<br />THIS ASSIGNMENT, made this 19xh day of August 19 9n .
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<br />` by, Connie Kay Haasch, A s1nrjle 'w-oman .and _ttf. L aM R:- Baaseh _ & i fndn M- a angah, hliedaw A Ad
<br />residing at Or hevirtg an OfF+ce at 907 South Pf ne Grand Island, 68801
<br />(herein called "Assignor'), to FirsTier Bank, National Association. Omaha. Nebraska having `
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<br />ifs principal office at Qmehs. Nebraska (herein called "AssigneWl. '
<br />FOR VALUE RECEIVED, Assignor hereby graftts, transfers and assigns to the Assignee all of the right; title and
<br />I densdofAssignorinandbanyandallbasesandodtertenancies `toworhereaf ermadeonorwi threspectbthe red estate
<br />! loc ed'in n'11...C'oitni -it, Nrel=ska and more particutarlydescribed
<br />inSchedulaAhereof , which real aftle Ibereferredtohereinafteres" Premises ". including ,butnot limited to n
<br />LeseemVwh eewWmLeasmwhhmodM adordkifsrt y. descnbedinScheduleShereot /coveiinglhePrerraise� with
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<br />(1) any OW ON extertiions or.renewak (2) any and all gua�n of the Lesee's obligations under any and
<br />• . under any and aN extensions or renewals of any thereof. and ( )atl3 ren issues, profits, remues, deposits` awnestnwnay
<br />ppaayments, rights and benefits now or hereafter arising from such loase tenancies ancies or for the use and occupancy of the
<br />Premiss, and anyand all extensionsand renewalsthereof. Said loamandtenancies or other use of the Premises together
<br />with anyandaliguarantees,modif+ cations, extensmmandrenewalsthereofshallbesometimestweinafteriefen toas the
<br />"Lease" or "Leases,..
<br />FOR THE PURPOSE OF SECURING:
<br />ONE: Payment and performance of each and every debt, liability and obligation of every type and description
<br />which Assignor may now or anytime hereafter owe to Assignee. including. but not limited to. the indebtedness of Assignor
<br />secured by that certain mortgage or dead of trust made by the Assognor to the Assignee dated ' 8 -17 .19 on .
<br />and recorded orto be recordedat or priorto thererordinp of thisAssignment. or ariy other mortgageordeed ottrusthereafter
<br />covering the whole or any part of ft Promises, (Whelher such debt liability, or obligation nowexistsor Is hereafter created or
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<br />incurred and whether it is or may be direct or indirect due or to become due, absolute or contingent, primary or secondary.
<br />liquidated or unliquidated. or joint, debts, liabilities
<br />severatf. or joint and several, all such and obligations being herein
<br />collectively referred to sometimes as the "Obiigations'7 and
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<br />TWO: Performance and discharge of each and every obligation, covenant and agreement of Assignor
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<br />contained herein or In any such mortgage or deed ottrust or any note or bond secured thereby, or in any obligation or any
<br />securing document given in connection with any of the Obligations secured hereby.
<br />A. TO PROTECT THE SECURITY OF THIS ASSIGNMENT ASSIGNOR AGREES; WITH RESPECT TO EACH
<br />LEASE:
<br />1. To faithfully abide by. perform and discharge each and every obligation. covenant and agreement of the Lease
<br />by Lessor tobe performed, to give prompt notice to the Assignee of any notice of detautton the partof Assignor with respectto
<br />the Lesse recehredfrom Lessesorguarantor ,togetherwithan accurateand complete copy of any such notimatthei sole cod
<br />and expense of Assignor, to enforce or secure the peftimance of each and every obligation.
<br />covenant condition and
<br />agreement of the Lease bytheLesseeto bepedormed; notto modifyor in any wayalhw the termsof the Lease; notto terminate
<br />the term of the Lease and not to accept a surrender of the rents thereunder or to waive, excuse, condone or in any manner
<br />release or discharge the Lessee thereunder from the obligations, covenants, conditions and agreements by the Lessee to be
<br />performed, including the 9bligafion to pay the rental called for thereunder in the manner and at the place and time specified
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<br />therein, and Assignor does by these presents expressly release. relinquish and surrender unto the Assignee all Assignor's
<br />right powerandauthorityto modify or In any wayaltertheitermsor provisions ofthe Low. ortoterminatetheterm oraccepta
<br />surrender thereof, and any attempt on the part of the Assignor to exercise any such right without the written authority and
<br />consent of the Assignee thereto being first had and obtained shall constitute a Default of the terms hereof, as defined
<br />hereinafter, entitling the Assignee to declare all sums secured hereby immediately due and payable.
<br />2. At Assignor's sole cost and expense to appear in and defend any action or proceeding arising under. growing
<br />out of or in any manner connected with the Lease or the obligations, duties or liabilities of Lessor, Lessee or guarantor
<br />thereunder, and to pay all costs and expenses of the Assignee, including attorney's fees in a reasonable sum, in any such
<br />action or proceeding in which the Assignee may appear.
<br />3. That should Assignor fail to make any payment or to do any act as herein provided, then the Assignee, but
<br />without obligation so to do and without notice to or demand on Assignor, and Assignor from
<br />without releasing any obligation
<br />hereof, may make or do the same in such manner and to such extent as the Assignee may deem necessary to protect the
<br />security. hereof, including specifically, without limiting its general powers, the right to appear in and defend any action or
<br />proceeding purporting toaffectthesecurity hereofortherightsorpowersoftheAssignee ,andalsotherightbutnolthedutyto
<br />perform and discharge each and every, obligation; covenant and agreement of Los-ear In the Lease conta-inced; and in
<br />exercising any such powers to pay necessary costs and expenses, employ counsel and incur and pay reasonable attorney's
<br />fees.
<br />4. To pay immediately upon demand all sums expended by the Assignee under the authority hereof, together with
<br />interest thereon at the highest rate set forth in any of the Obligations secured hereby, and the same shall be added to the
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<br />Obligations and shall be secured hereby and by the said mortgage or deed of trust.
<br />S. That Assignor will not transfer or convey to the Lessee the fee title to the demised Premises, or any part thereof,
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<br />unlessthe Lessee assumes in writing and agrees to pay the debt secured hereby in accordance with the terms, covenants and
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<br />conditions of the said note or bond secured by said mortgage or deed of trust.
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