|
611111111IM
<br />Oa
<br />rn
<br />V>
<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
<br />_c
<br />m
<br />FOR RECORDER'S USE ONLY
<br />FIVE POINTS BANK
<br />II 111111 II II III II NIIIII 1 III III I IIIIIIII III I IIII 11111011
<br />0
<br />*0000000001013212450115*
<br />ASSIGNMENT OF RENTS
<br />H THIS ASSIGNMENT OF RENTS dated June 21, 2019, is made and executed between JET
<br />INVESTMENTS LLC, A NEBRASKA LIMITED LIABILITY COMPANY whose address is 2211 W
<br />LOUISE ST, GRAND ISLAND, NE 68803; (referred to below as "Grantor") and Five Points
<br />0 Bank, whose address is 2015 North Broadwell, PO Box 1507, Grand Island, NE 68802
<br />—4 (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 THIRTY-THREE (33), IN REUTING'S FIRST SUBDIVISION, HALL COUNTY, NEBRASKA
<br />The Property or its address is commonly known as 1608 JOHNSTOWN RD, GRAND ISLAND,
<br />NE 68803.
<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 />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 />
|