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<br />WHEN RECORDED MAIL TO:
<br />Five Points Bank
<br />Attn: Diers
<br />PO Box 1507
<br />Grand Island, NE 68802-1507
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<br />FOR RECORDER'S USE ONLY
<br />FIVE POINTS BANK
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<br />*0000000001013198800115*
<br />11
<br />ASSIGNMENT OF RENTS
<br />THIS ASSIGNMENT OF RENTS dated July 17, 2020, is made and executed between DOMINGO
<br />ORTIZ-LOPEZ, whose address is 224 S OAK ST, GRAND ISLAND, NE 68801 and SANDRA S
<br />ORTIZ, whose address is 224 S OAK ST, GRAND ISLAND, NE 68801; Husband and Wife
<br />(referred to below as "Grantor") and Five Points Bank, whose address is 2009 N. Diers Ave.,
<br />PO Box 1507, Grand Island, NE 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 NINE (9), BLOCK TWENTY-TWO (22) SCHIMMER'S ADDITION, CITY OF GRAND
<br />ISLAND, HALL COUNTY, NEBRASKA.
<br />The Property or its address is commonly known as 706 W 17TH ST , GRAND ISLAND, NE
<br />68801.
<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.
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