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<br />WHEN RECORDED MAIL TO:
<br />Equitable Bank
<br />Diers Avenue Branch
<br />PO Box 160
<br />Grand Island, NE 68802-0160
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<br />FOR RECORDER'S USE ONLY
<br />ASSIGNMENT OF RENTS
<br />THIS ASSIGNMENT OF RENTS dated July 15, 2019, is made and executed between Keystone
<br />North Pointe, L.L.C., whose address is 3032 West Stolley Park Rd Ste E, Grand Island, NE
<br />68801; a Nebraska limited liability company (referred to below as "Grantor") and Equitable
<br />Bank, whose address is PO Box 160, Grand Island, NE 68802-0160 (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 />Lots One (1), Two (2), Three (3), Four (4), Five (5), Six (6), Seven (7), Eight (8), Nine (9),
<br />Ten (10), Eleven (11), Twelve (12), Thirteen (13) and Fourteen (14) and Out Lots A, B, C, D
<br />and E, North Pointe Subdivision, in the City of Grand Island, Hall County, Nebraska.
<br />The Property or its address is commonly known as 2821, 2825, 2827 Cross Pointe Dr, 3632
<br />& 3634 Curran Ave; 3626, 3628, 3630 & 3632 Hidden Pointe Dr; 3618, 3620 Curran Ave,
<br />3620, 3625 & 3627 Hidden Pointe Dr; 3610 & 3612 Curran Ave & 3615, 3617, 3619 Hidden
<br />Pointe Dr; 2740 N Diers Ave, 3621 & 3623 Hidden Pointe Dr & 2753 & 2755 Ridge Pointe Dr;
<br />2750 Ridge Pointe Dr, 3631 & 3633 Hidden Pointe Dr, 2803 & 2805 Cross Pointe Dr; 2807,
<br />2809, 2815 & 2817 Cross Pointe Dr; 2816, 2818, 2824, 2841 & 2843 Cross Pointe Dr;
<br />2810, 2812 N Diers Ave, 2804, 2806, 2831 Cross Pointe Dr; 2835 Cross Pointe Dr, 2840 &
<br />2842 N Diers Ave, 2903, 2905 & 2907 Bearing Pointe Dr; 2944 & 2946 N Diers Ave, 2932,
<br />2934 & 2940 Pinnacle Pointe Dr; 2921 Bearing Pointe Dr, 2836, 2838, 2842 & 2844 Cross
<br />Pointe Dr; 2937 & 2939 Pinnacle Pointe Dr, 2912, 2914 & 2924 Bearing Pointe Dr; 2911
<br />Bearing Pointe Dr, 2926 & 2928 N Diers Ave, 2931 & 2933 Pinnacle Pointe Dr, Grand Island,
<br />NE 68803. The Property tax identification number is 400023539, 400023547, 400023555,
<br />400023563, 400023644, 400023652, 400023660, 400023679, 400023687, 400023695,
<br />400023709, 400415712, 400415720, 400415739.
<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 />ON 1N3WIMISNI SV 03I31N3
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