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202009546
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Last modified
12/4/2020 3:49:17 PM
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12/4/2020 3:49:16 PM
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202009546
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9.175600Z0Z <br />10vS1S9d 'r <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 />ry <br />rr1 <br />(A) <br />Co <br />rii <br />rnl <br />C`+ <br />f <br />FOR RECORDER'S USE ONLY <br />FIVE POINTS BANK <br />11 11011 <br />II <br />II1IIII I*I II II U� I IIS IIIIII IDI IIIIIIIII IIINII <br />11 1111 <br />II <br />ASSIGNMENT OF RENTS <br />THIS ASSIGNMENT OF RENTS dated December 4, 2020, is made and executed between J & B <br />RENTALS LLC, A NEBRASKA LIMITED LIABILITY COMPANY, whose address is 318 N <br />MADISON ST, GRAND ISLAND, NE 68801 (referred to below as "Grantor") and Five Points <br />Bank, whose address is 2015 North Broadwell, PO Box 1507, Grand Island, NE 68802 <br />(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 FOUR (4), LITTLE PIONEER SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL <br />COUNTY, NEBRASKA <br />The Property or its address is commonly known as 1514 N ST PAUL ROAD, GRAND ISLAND, <br />NE 68801. <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 />ENTERED AS INSTRUMENT NO <br />
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