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x (1 <br />c (1= to <br />N <br />rn <br />WHEN RECORDED MAIL TO: <br />Five Points Bank <br />Attn: Diers <br />PO Box 1507 <br />Grand Island, NE 68802 -1507 <br />IIII <br />rfi <br />0 <br />G7 <br />r- <br />0 ) <br />ti <br />t (51 <br />(/) <br />FIVE POINTS BANK <br />11 IIIIIIIIII1I{ 11111110000000010 IIIIIIIIIIIIIIIIIIII IIIIIIIIIIIIIII IIII{IIIIII IIIIIIIIIIIIIII <br />*0 <br />—:s <br />W <br />FOR RECORDER'S USE ONLY <br />ASSIGNMENT OF RENTS <br />THIS ASSIGNMENT OF RENTS dated July 16, 2018, is made and executed between VINCENT <br />A ZAVALA and SHARON K ZAVALA; Husband and Wife (referred to below as "Grantor ") and <br />Five Points Bank, whose address is 2009 N. Diers Ave., PO Box 1507, Grand Island, NE <br />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 />CONDOMINIUM UNIT NO. 803 THE YANCEY, A CONDOMINIUM, THE CITY OF GRAND <br />ISLAND, HALL COUNTY, NEBRASKA, A CONDOMINIUM IN ACCORDANCE WITH THE <br />DECLARATION RECORDED OCTOBER 17, 1984, UNDER DOCIMENT NO. 84- 005507 OF <br />THE COUNTY OF HALL, STATE OF NEBRASKA RECORDS AS AMENDED. <br />The Property or its address is commonly known as 123 N LOCUST ST #803, GRAND ISLAND <br />, NE 68801. <br />FUTURE ADVANCES. In addition to the Note, this Assignment secures all future advances made by Lender to Grantor <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 />Grantor, 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 GRANTOR UNDER THE NOTE, THIS ASSIGNMENT, AND THE RELATED DOCUMENTS. <br />THIS ASSIGNMENT IS GIVEN AND ACCEPTED ON THE FOLLOWING TERMS: <br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Assignment or any Related Documents, Grantor <br />shall pay to Lender all amounts secured by this Assignment as they become due, and shall strictly perform all of <br />Grantor's obligations under this Assignment. Unless and until Lender exercises its right to collect the Rents as provided <br />