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' f 7 Fa <br /> rim JI <br /> !NJ NOW■11■1 <br /> CD <br /> s■eme rn > N : . rn <br /> CD `1) IN) ;p <br /> t1 CD ---.�. <br /> _ �_ ' C, CO) <br /> ririri ..,. <br /> c) <br /> WHEN RECORDED MAIL TO: <br /> Five Points Bank <br /> Broadwell Branch <br /> 2015 North Broadwell <br /> PO Box 1507 <br /> Grand Island.NE 68802 FOR RECORDER'S USE ONLY <br /> FIVE POINTS BANK C <br /> 0- 11111111111111111111111111111111111110 1111111111111111.111111111111111111011111 <br /> o s *0000000001013120920115* <br /> f yr t <br /> ASSIGNMENT OF RENTS <br /> THIS ASSIGNMENT OF RENTS dated April 10, 2018, is made and executed between WALD 12 <br /> PROPERTIES LLC, A. NEBRASKA LIMITED LIABILITY COMPANY . (referred to below as <br /> 1 "Grantor") and Five Points Bank, whose address is 2015 North Broadwell, PO Box 1507, Grand <br /> Island, NE 68802 (referred to below as "Lender"). <br /> ASSIGNMENT. For valuable consideration, Grantor hereby assigns, grants a continuing security <br /> interest in, and conveys to Lender all of Grantor's right, title, and interest in and to the Rents <br /> from the following described Property located in HALL County, State of Nebraska: <br /> THE WESTERLY TWO-THIRDS (2/3) OR FORTY-FOUR (44) FEET OF LOT FOUR (4), BLOCK <br /> SIXTY-FIVE (65) OF THE ORIGINAL TOWN, NOW CITY OF GRAND ISLAND, HALL <br /> COUNTY, NEBRASKA <br /> The Property or its address is commonly known as 221 - 223 W. 3RD ST, GRAND ISLAND, NE <br /> 68801. <br /> FUTURE ADVANCES. In addition to the Note, this Assignment secures all future advances made by Lender to Borrower <br /> whether or not the advances are made pursuant to a commitment. Specifically, without limitation, this Assignment <br /> secures, in addition to the amounts specified in the Note, all future amounts Lender in its discretion may loan to <br /> Borrower,together with all interest thereon. <br /> THIS ASSIGNMENT IS GIVEN TO SECURE (1) PAYMENT OF THE INDEBTEDNESS AND (2) PERFORMANCE OF ANY <br /> AND ALL OBLIGATIONS OF BORROWER AND GRANTOR UNDER THE NOTE, THIS ASSIGNMENT,AND THE RELATED <br /> DOCUMENTS. THIS ASSIGNMENT IS GIVEN AND ACCEPTED ON THE FOLLOWING TERMS: <br /> GRANTOR'S WAIVERS. Grantor waives all rights or defenses arising by reason of any"one action" or "anti-deficiency" <br /> law, or any other law which may prevent Lender from bringing any action against Grantor, including a claim for <br /> deficiency to the extent Lender is otherwise entitled to a claim for deficiency, before or after Lender's commencement <br /> or completion of any foreclosure action, either judicially or by exercise of a power of sale. <br />