|
N)
<br />WHEN RECORDED MAIL TO:
<br />Five Points Bank
<br />Stolley Branch
<br />3111 W. Stolley Pk. Rd.
<br />PO Box 1507
<br />Grand Island, NE 68802
<br />rn
<br />rn
<br />n Z
<br />v
<br />fl = .•
<br />vy
<br />rt
<br />1 (3
<br />r1 C7 (f
<br />c)
<br />111 _C
<br />r'.f C.7
<br />Q
<br />(r)
<br />FOR RECORDER'S USE ONLY
<br />FIVE POINTS BANK
<br />1111111111111 II 11111 111 II I111111111111 II I IAI I III I 111111111111111111111111111111111111
<br />"0000000001013228590115"
<br />ASSIGNMENT OF RENTS
<br />THIS ASSIGNMENT OF RENTS dated September 9, 2019, is made and executed between
<br />PRAIRIE COMMONS MOB LLC, A NEBRASKA LIMITED LIABILITY COMPANY, whose address
<br />is 13340 CALIFORNIA ST STE 108, OMAHA, NE 68154 (referred to below as "Grantor") and
<br />Five Points Bank, whose address is 3111 W. Stolley Pk. Rd., PO Box 1507, Grand Island, NE
<br />68802 (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 TWO (2), PRAIRIE COMMONS SECOND SUBDIVISION, CITY OF GRAND ISLAND,
<br />HALL COUNTY, NEBRASKA
<br />The Property or its address is commonly known as 3563 PRAIRIEVIEW ST, 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 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 />ENTERED AS INSTRUMENT NO
<br />
|