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<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 />FOR RECORDER'S USE ONLY
<br />FIvE P0INTs BANK
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<br />07
<br />11
<br />ASSIGNMENT OF RENTS
<br />1111111
<br />W THIS ASSIGNMENT OF RENTS dated July 20, 2020, is made and executed between SHEARER
<br />to RENTALS LLC, A NEBRASKA LIMITED LIABILITY COMPANY, whose address is 2111 BASS
<br />X▪ ) ROAD, GRAND ISLAND, NE 68801 (referred to below as "Grantor") and Five Points Bank,
<br />D whose address is 2015 North Broadwell, PO Box 1507, Grand Island, NE 68802 (referred to
<br />0 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 />LOTS ONE (1) AND TWO (2), BUSBOOM SECOND SUBDIVISION, IN THE CITY OF GRAND
<br />ISLAND, HALL COUNTY, NEBRASKA
<br />The Property or its address is commonly known as 3088, 3090 AND 3100 W 2ND STREET,
<br />GRAND ISLAND, 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 />ON 1N3Wf !SN
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