|
9-
<br />D
<br />Do
<br />WHEN RECORDED MAIL TO:
<br />GREAT WESTERN BANK
<br />Grand Island - Webb Rd
<br />700 N Webb Rd
<br />Grand Island, NE 68803
<br />Cr)
<br />r J
<br />7-7
<br />FOR RECORDER'S USE ONLY
<br />II
<br />i
<br />I
<br />u
<br />i
<br />i
<br />R
<br />II
<br />A
<br />u
<br />A
<br />i
<br />II
<br />i
<br />II
<br />II
<br />ASSIGNMENT OF RENTS
<br />THIS ASSIGNMENT OF RENTS dated December 14, 2018, is made and executed between
<br />Anastacio Romero Gonzalez and Reyna Romero, Husband and Wife, whose address is 1004 N
<br />Geddes St, Grand Island, NE 68801; (referred to below as "Grantor") and GREAT WESTERN
<br />BANK, whose address is 700 N Webb Rd, Grand Island, NE 68803 (referred to below as
<br />"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 />A PARCEL OF LAND LOCATED IN THE NW1/4 OF THE NE1/4 OF SECTION 21, TOWNSHIP
<br />11 NORTH, RANGE 10 WEST OF THE 6TH P.M., HALL COUNTY, NEBRASKA, DESCRIBED
<br />AS FOLLOWS:
<br />''� COMMENCING AT THE NW CORNER OF THE SAID NW1/4 NE1/4 OF SECTION 21,
<br />wZ
<br />THENCE EAST ALONG THE NORTH LINE OF SAID NW1/4 NE1/4, 121.0 FEET TO THE
<br />;.7.0 THENCE
<br />OF BEGINNING; THENCE CONTINUING EAST ALONG THE NORTH LINE OF SAID
<br />\rn NW1/4 NE1/4, 1130.00 FEET; THENCE DUE SOUTH 510.00 FEET; THENCE DUE WEST
<br />563.92 FEET; THENCE S03°58'00"E 41.08 FEET; THENCE S89°53'15"W 582.74 FEET;
<br />THENCE N01 °26'00"E 552.30 FEET TO THE POINT OF BEGINNING.
<br />Si
<br />The Property or its address is commonly known as 5419 W. Old Potash Hwy, Grand Island, NE
<br />68803. The Property tax identification number is 400475065.
<br />' °� CROSS -COLLATERALIZATION. In addition to the Note, this Assignment secures all obligations, debts and liabilities,
<br />i;'j plus interest thereon, of either Grantor or Borrower to Lender, or any one or more of them, as well as all claims by
<br />rfl 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 />FUTURE ADVANCES. In addition to the Note, this Assignment secures all future advances made by Lender to Borrower
<br />or Grantor whether or not the advances are made pursuant to a commitment. Specifically, without limitation, this
<br />Assignment secures, in addition to the amounts specified in the Note, all future amounts Lender in its discretion may
<br />loan to Borrower or 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 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 />BORROWER'S WAIVERS AND RESPONSIBILITIES. Lender need not tell Borrower about any action or inaction Lender
<br />takes in connection with this Assignment. Borrower assumes the responsibility for being and keeping informed about
<br />the Property. Borrower waives any defenses that may arise because of any action or inaction of Lender, including
<br />without limitation any failure of Lender to realize upon the Property, or any delay by Lender in realizing upon the
<br />Property. Borrower agrees to remain liable under the Note with Lender no matter what action Lender takes or fails to
<br />take under this Assignment.
<br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Assignment or any Related Documents, Grantor
<br />
|