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Return to: Advantage Title, 503 West Koenig, Grand Island, NE 68801 <br />COLLATERAL ASSIGNMENT OF LEASE AGREEMENT <br />WILLIAM J. SHOTTENKIRK, JR. and VICKI S. SHOTTENKIRK, husband and wife, as <br />joint tenants and not as tenants in common, ASSIGNORS, do hereby assign to <br />EQUITABLE BANK or its assigns, ASSIGNEE, as additional security for payment of a <br />loan made to Assignor by Assignee in the amount of $228,000.00 the Lease dated <br />September 1 , 2018, wherein Kuester Lake, Inc. is the Lessor and Assignors are the <br />Lessees, pertaining to the following- described premises: <br />Lot Thirty - one (31), with a lake front footage of One Hundred Fourteen <br />(114) Feet on the West side of the West portion of Kuester's Lake, being <br />on part of the East Half of the Southwest Quarter (E' /2SW'/), of Section <br />Thirteen (13), Township Eleven (11) North, Range Nine (9) West of the 6th <br />P.M., in Hall County, Nebraska, and bounded on the Westerly side by a <br />common road. <br />It is understood that if the Assignors pay said indebtedness of $228,000.00 with <br />interest and according to the provisions of the Financing Statement given by them to the <br />Assignee, that this Conditional Assignment of said Lease will thereafter be null and void <br />and of no further force nor effect. <br />DATED: September 1 Z_ , 2018. <br />William J':hottenkirk, Jr. <br />STATE OF NEBRASKA, COUNTY OF HALL ) ss: <br />GENERAL NOTARY - State of Nebraska <br />TRICIA CAMPLIN <br />My Comm. Exp. June 2, 2022 <br />- %:e.h <br />Vicki S. Shottenkirk <br />Before me, a Notary Public qualified in said County, personally came William J. <br />Shottenkirk, Jr. and Vicki S. Shottenkirk, husband and wife, as Assignors, and who are <br />known to me to be the identical persons whose name is so affixed to the foregoing <br />Collateral Assignment of Lease Agreement, and they acknowledge their execution thereof <br />to be their voluntary act and deed for the purposes therein stated. <br />WITNESS my hand and Notarial Seal the date last above written. <br />U1 <br />(n <br />rJ <br />r - _ <br />(a <br />r l <br />0 <br />O <br />CO <br />