Laserfiche WebLink
13V2l1S9V • <br />WHEN RECORDED MAIL TO: <br />Five Points Bank <br />Attn: Diers <br />PO Box 1507 <br />Grand Island, NE 68802-1507 <br />I L7 <br />rn <br />G.? <br />FOR RECORDER'S USE ONLY <br />FIVE POINTS BANK <br />IIIII Itll 11I I II II II I III II II II I I II I III I IGG II I I I I II II I Iql II <br />"0000000001013198830115" <br />iii <br />ASSIGNMENT OF RENTS <br />THIS ASSIGNMENT OF RENTS dated July 30, 2020, is made and executed between WADE C <br />ROUSH, whose address is 516 N PLUM ST, GRAND ISLAND, NE 68801; A Single Person <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 />SEE ATTACHED EXHIBIT "A" <br />The Property or its address is commonly known as 509 E 6TH 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 />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 />