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<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
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<br />FOR RECORDER'S USE ONLY
<br />FIVE POINTS BANK
<br />II II II II II II III II III III I IIIIIIIII I III I I III IIIIIII II IIII II II
<br />*0000000001013168440115*
<br />ASSIGNMENT OF RENTS
<br />THIS ASSIGNMENT OF RENTS dated November 15, 2018, is made and executed between
<br />PATRICK RENTALS LLC, A NEBRASKA LIMITED LIABILITY COMPANY, whose address is 2885
<br />SAINT PAUL RD, GRAND ISLAND, NE 68801 (referred to below as "Grantor") and Five Points
<br />Bank, whose address is 2015 North Broadwell, PO Box 1507, Grand Island, NE 68802
<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 />LOT FOUR (4), IN BLOCK ELEVEN (11), ARNOLD AND ABBOTT'S ADDITION TO THE CITY
<br />OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />The Property or its address is commonly known as 923 W SOUTH FRONT ST, GRAND
<br />ISLAND, NE 68801.
<br />CROSS -COLLATERALIZATION. In addition to the Note, this Assignment secures all obligations, debts and liabilities,
<br />plus interest thereon, of either Grantor or Borrower to Lender, or any one or more of them, as well as all claims by
<br />Lender against Borrower and Grantor or any one or more of them, whether now existing or hereafter arising, whether
<br />related or unrelated to the purpose of the Note, whether voluntary or otherwise, whether due or not due, direct or
<br />indirect, determined or undetermined, absolute or contingent, liquidated or unliquidated, whether Borrower or Grantor
<br />may be liable individually or jointly with others, whether obligated as guarantor, surety, accommodation party or
<br />otherwise, and whether recovery upon such amounts may be or hereafter may become barred by any statute of
<br />limitations, and whether the obligation to repay such amounts may be or hereafter may become otherwise
<br />unenforceable.
<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 />ON 1NJiVfl .SNI SV B.
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