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ORWET ANK EBRASICA, AINAL AOCTIO' ASS/GNMENT Of
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<br />LEASESAND RENT
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<br />This - -- — TRis -Assi9n►tttnt in" tiler '2 dsV o_f : Bctaber _ , f9m _ by and - _ --
<br />bamon Jaait . D. 1919a and Eelterly_- E. Bialtn : Klehaei J. Nolan & Debbie L. NoIjap
<br />!. "Assiptw "), end NTRWEST BANK NEBRASKA, NATIONAL ASSOCIAT/ON rAssignee "l.
<br />WIYIVESSETH:
<br />It Is as folliowe:
<br />f. Definitiors. As used irl this Agreavmr;
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<br />A- "NortgW "shall msen that certain Deerd of Trust in the principal sum
<br />of x.1[1.006.00 MO t a fat 9
<br />exe�cutedby.twres D. Nolat! 6 Eever.s�>NIC -�
<br />NEBRASKA, NA77ONAL ASSOCIATION, as Bir efkiery; up6n the real estate antic %. provnaents
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<br />described in Exhibit "A" whkh is ��,�y7,V� by this r�rlbrerrc�e Incorporit l'ltirr�ein.
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<br />B. 'mote "she /1 mean that certain Hots secured b y t he x 30.000.00 .,.';•:
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<br />Deed of Trust, executed contemporaneously thereWith by JaWe D- Nolan Beverly j?_ Notwn
<br />Micbseh J. No- a & Debbie L. Nolan as maker; and NORWEST BANK NEBRA�aCA,
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<br />NATIONAL ASSOCIATION as and secured by the Deed of Trust.
<br />payer.
<br />C "Loan "as hereinafter used, shall rrron the loan in the amount of 30, 000 100 , L `�! � �•
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<br />- as evidenced by the note and secured by the Deed of Trust, as wf lad. +ir►Y tie►
<br />securing instruments.
<br />NOW; THEREfOR'Ar her :ond in considerati6h of the making and funding of said Loan, and for
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<br />odw000d and valuable consideration, the receipt whereof is hereby acknowfeoyed, Assignor, for itself,
<br />its axcesson, personal representatives; heirs•and aiss&ws, has bargained, sold, transferred, assigned,
<br />conveyed set over and deffvered and by these prounts does IMreby laergsfn se// transfer asst and
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<br />convey as security for the repayment of the abowe described inoebtednets and the payment and per -
<br />formance of all of the terms and conditions of the Note and Mortgage evidencing the same, and any
<br />and all amendments, extensions and renewals thereof, all leases now or hereafter executed affecting
<br />the Mortgaged Promises, and all rents, issues, profits and ineomeand sums of money; -which may now
<br />or hereafter be or become due and owing under and by virtue of said /ewes, it being the intention
<br />hereby to establish a cwWltte transfer aid,atti nrmnt of the looses hereby assigned and all the avails
<br />thereunder unto the Astignw, its sucemort and assigns, together with the right, but without the
<br />obligation, to collect all of the said rents, issues, profits and income erising or accruing, or which may
<br />become due at any time during the life of this Assignment. Assignor further agrees, upon demand
<br />thereof, to deliver to and drposit said leases with Assignee.
<br />Assignor hereby designates, constitutes awd appoints Assignee, its successors and assigns, with
<br />full povver of su.%Vrution, its true and ,lawful attorney with pomi r for it and in its name, place and
<br />stead, for in thtnaft of Assfpree, to ask, demand, collect, receive, receipt and give full and com-
<br />plete acquittances for any and all rents, issues, profits and income hereby assigned which may become
<br />due end, payable by lessees or other occupants of the Mortgaged Premises; and at its discretion to file
<br />any c,6tirn or take any other action or proceeding to make any settlement of any cfaiin, either in its
<br />own amm or in1h a name of Assignor, or otherwise, which the Assignee, or any sucr°,essor may deem
<br />daimNe in order to collect and enforce the payment of any and all rents, issues, profits and income
<br />hart ih alssipneri. The lessees and occupants of the Mortgaged Premises, or sea y part Ji ereof, are hereby
<br />expressly authorized and directed to pay all rents and sums herein assigned wftir ft would be payable
<br />to Assignor, excepi for this Assignment, to the Assignee, and to transmit and delivzrr such payment
<br />to the Assignee or such nominee ss it may designate in writing; delivered to and rpceiod by such
<br />lessee or occupant, who is aWa dy relievird of any and all duty, I"Ifity or oblijA11 art to the
<br />Assignor in respect of -oil payments so nude,
<br />Assignee shall be, and hereby is, vested with full power to use all such rneasures; legal and
<br />equitable, as in its discretion may be deemed naessary or proper to enforce this Agreement and
<br />to ectiFW the rents, issues, profits and income assigned hereunder, including the right to enter upon
<br />the p remises and to too possession thereof, and Assignor hereby grants full power and authority
<br />to the Assipsee to exercise all rights, privileges and povwers hersia granted at any and all times here -
<br />oftcr, without notice to Assionar, with full pa%er to use and grog, y all of the - exits, issues, profits and
<br />income herein assigned to the payments of any indebtedness or liability of the Assignor to the
<br />Assignee, in such order as Assignee may determine.
<br />roccates+uro at* ioias _ .. ..
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