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EZL00660Z <br />0 <br />N <br />70 <br />0 <br />WHEN RECORDED MAIL TO: <br />First National Bank of Omaha <br />Branch #070 - Grand Island Branch <br />810 Allen Dr <br />Grand Island, NE 68803 <br />11 <br />rl <br />FOR RECORDER'S USE ONLY <br />0 First National Bank <br />nui <br />0110 <br />1111111111 <br />110 <br />110 <br />11 <br />1101 I0I <br />IO IIO IIII <br />11 <br />ui <br />II IOI IO llI IO 1101 <br />'####### 584802012019* <br />111111111111111111110 <br />iu <br />ASSIGNMENT OF RENTS <br />THIS ASSIGNMENT OF RENTS dated February 1, 2019, is made and executed between Alan E <br />Weinrich, whose address is 4716 W Guenther Road, Grand Island, NE 68803 and Judith A <br />Weinrich, whose address is 4716 W Guenther Road, Grand Island, NE 68803; Husband and <br />Wife (referred to below as "Grantor") and First National Bank of Omaha, whose address is 810 <br />Allen Dr, Grand Island, NE 68803 (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 />The South Half of the Northwest Quarter (S1/2NW1/4) and the Southwest Quarter (SW1/4) <br />of Section Thirty (30), Township Ten (10) North, Range Ten (10) West of the 6th P.M., Hall <br />County, Nebraska less such portion as has been taken for highway purposes and Deeded to <br />The State of Nebraska, filed September 11, 1961 in Book 136, Page 35 and July 24, 1992 <br />as Document No. 92-106427. <br />The Property or its address is commonly known as 30-10-10, NE 68883. The Property tax <br />identification number is 400218836. <br />CROSS -COLLATERALIZATION. In addition to the Note, this Assignment secures all obligations, debts and liabilities, <br />plus interest thereon, of Grantor to Lender, or any one or more of them, as well as all claims by Lender against Grantor <br />or any one or more of them, whether now existing or hereafter arising, whether related or unrelated to the purpose of <br />the Note, whether voluntary or otherwise, whether due or not due, direct or indirect, determined or undetermined, <br />absolute or contingent, liquidated or unliquidated, whether Grantor may be liable individually or jointly with others, <br />whether obligated as guarantor, surety, accommodation party or otherwise, and whether recovery upon such amounts <br />may be or hereafter may become barred by any statute of limitations, and whether the obligation to repay such amounts <br />may be or hereafter may become otherwise unenforceable. <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 />not constitute Lender's consent to the use of cash collateral in a bankruptcy proceeding. <br />GRANTOR'S REPRESENTATIONS AND WARRANTIES. Grantor warrants that: <br />Ownership. Grantor is entitled to receive the Rents free and clear of all rights, loans, liens, encumbrances, and <br />claims except as disclosed to and accepted by Lender in writing. <br />Right to Assign. Grantor has the full right, power and authority to enter into this Assignment and to assign and <br />convey the Rents to Lender. <br />No Prior Assignment. Grantor has not previously assigned or conveyed the Rents to any other person by any <br />instrument now in force. <br />ON 1N3WRISN I SV 03I31N3 <br />