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1JV2l1SSV TO <br />WHEN RECORDED MAIL TO: <br />Five Points Bank <br />Kearney Branch <br />1809 W 39th Street <br />PO Box 909 <br />Kearney, NE 68848 <br />a <br />rrxrk <br />e.� <br />CO <br />r -D <br />• <br />FOR RECORDER'S USE ONLY <br />FIvE POINTS BANK <br />IYIIIII V IIIIYIIYIIIIIIIIII I 1 11111 I YIIYIIIIIIII IIIIIIIIII <br />*0000000001013156260115* <br />11 <br />ASSIGNMENT OF RENTS <br />THIS ASSIGNMENT OF RENTS dated October 1, 2018, is made and executed between AOI <br />Holdings, L.L.C.; A Nebraska Limited Liability Company (referred to below as "Grantor") and <br />Five Points Bank, whose address is 1809 W 39th Street, PO Box 909 , Kearney, NE 68848 <br />(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 />Lots One (1), Two (2) and Three (3), Equestrian Meadows Third Subdivision, in the City of <br />Grand Island, Hall County, Nebraska. <br />The Property or its address is commonly known as 203 & 217 EAST STOLLEY PARK ROAD, <br />GRAND ISLAND, 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 />below and so long as there is no default under this Assignment, Grantor may remain in possession and control of and <br />operate and manage the Property and collect the Rents, provided that the granting of the right to collect the Rents shall <br />