a 0111 111[
<br />ASSIGNMENT OF LEASES AND REN s
<br />90--- 107184 "+r
<br />.ri..
<br />THIS ASSIGNMENT, made this 14th day of December 19 90
<br />b �_ Dan L. Hauouler and Alicia M. flaussler, husband and Wife °:.- '1��9 MF
<br />y -
<br />rewding at or having an office at 2021 Faidley Avenue Grand Taland, NE 68803
<br />(herein called "Assignor"). to Firsller Bank, National Association, Omaha, Nebraska having
<br />Its principal office at Omaha, Nebraska (herein called "Assignee ").
<br />WITNESSETH:
<br />FOR VALUE RECEIVED, Assignor hereby grants, transfers and assigns to the Assignee all of the right, title and
<br />irderestof Assignor inandto any and all lessesandothertsnanciesnow, or hereaftermade on or with respect tothe real estate
<br />located in Hall County, Nebraska and more particularly described
<br />in ScheduleA hereof, which real estate shalt be referredto hereinafteras "Premises ". including, but rat limited tothat certain
<br />Lease or those certain Leases, with modifications. If any, described in Schedule B hereof, covering the Premises; together with
<br />(1) any and all extensions or renewals thereof, (2) any and all guarantees of the Lesee's obligations under any thereof and
<br />under any and all extensions or renewals of any thereof. and (3) all rents, issues, profits, revenues, deposits. earnest money
<br />payments, rights and benefits now or hereafter arising from such lease and tenancies or for the use and occupancy of the
<br />Premises, and any and all extensions and renewals thereof. Said leases and tenancies or other use of the Premises together
<br />with any and all guarantees, modifications, extensions, and renewals thereof shall be sometimes hereinafter referred to as the
<br />"Lease' or "Leases';
<br />FOR THE PURPOSE OF SECURING:
<br />ONE: Payment and performance of each and every debt, liability and obligation of every type and description
<br />which Assignor may now or anytime hereafter owe to Assignee, Including, but not limited to, the indebtedness of Assignor
<br />secured by that certain mortgage or deed of trust made by the Assognor to the Assignee dated 12 -14 , 19 20_ ,
<br />and recorded ^yte be recorded at or prior to the recording of this Assignment, or any other mortgage or deed of trust hereafter
<br />covering the ws' oleoranypedofthe Premises, (whether such debt, liability, or obligation now eiasts or is hereafter creat%W Of
<br />incurred and whether i1 is or maybe direr.: or indirect, due or to become due, absolute or contingent primary or secondan, •
<br />liquidated or unlicluidated, or joint, several, or joint and several, all such debts, liabilities and obligations being herein
<br />collectively referred to sometimes as the "Obligations'1; and
<br />TWO: Performance and discharge of each and every obligation, covenant and agreement of Assignor
<br />contained herein or In any such mortgage or deed of trust or any rote or bond secured thereby, or In any obligation or any
<br />securing document given in connection with any of the Obligations secured hereby.
<br />A. TO PROTECT THE SECURITY OF THIS ASS1G1VMZWT ASSIGNOR AGREES, WITH RESPECT TO EACH
<br />LEASE:
<br />1. To faithfully abide by, perform and discharge each and every obligation, covenant and agreement of the Lease
<br />b� Lessor to be performed, to give prompt notice to theAssignee of any notice of defaulton the part of Assignor with respect to
<br />the Lease received from Lessee or guarantor,together with an accurateand complete copy of any such novice; at the sole cost
<br />anri expense of Assignor, to enforce or secure the performance of each and every obligation, covenant, condition and
<br />agreement ol'the Lease b the Lessee to be performed; not to modify or in anyway alter the terms of the Lease;nottoterminate
<br />the term of the Lease and not to accept a surrender of the rents thereunder or to waive, excuse, condone or In any manner
<br />release or discharge the Lessee thereunder from the obligations, covenants, conditions and agreements by the Lessee to be
<br />performed, including the obligation to pay the rental called for thereunder in the manner and at the place and time specified
<br />therein, and Assignor does by these presents expressly release, relinquish and surrender unto the Assignee all Assignor's
<br />right, power and authority to modify or in any way alter the terms or provisions of the Lease, orb terminate theterm or accept a
<br />surrender thereof, and any attempt on the part of the Assignor to exercise any such right without the written authority and
<br />consent of the Assignee thereto being first had and obtained shall constitute a Default of the terms hereof, as de'lined
<br />hereinafter, entitling the Assignee to declare all sums secured hereby immediately due and payable.
<br />2. At Assignor's sole cost and expense to appear in and defend any action or proceeding arising under, growing
<br />out of or in any manner connected with the Lease or the obligations, duties or liabilities of Lessor. Lessee or guarantor
<br />thereunder, and to pay all costs and expenses of the Assignee, including attorney's fees in a reasonable sum, in any such
<br />action or proceeding in which the Assignee may appear.
<br />3. That should Assignor fad to make any payment or to do any act as herein provided, then the Assignee, but
<br />without obligation so to do and without notice to or demand on Assignor, and without releasing Assignor from any obligation
<br />hereof, may make or do the same in such manner and to such extent as the Assignee may deem necessary to protect the
<br />security hereof, including specifically, without limiting its general powers, the right to appear in and defend any action or
<br />proceeding purporting to affect the security hereof or the rights or powers of the Assignee, and also the right but not the duty to
<br />perform and discharge each and every obligation, covenant and agreement of Lessor in the Lease contained: and in
<br />exercising any such powers to pay necessary costs and expenses, employ counsel and incur and pay reasonable attorney's
<br />.wo.
<br />4. To pay immediately upon demand all sums expended by the Assignee under the authority hereof, together with
<br />interest thereon at the highest rate set forth in any of the Obligations secured hereby. and the same shall be added to the
<br />Obligations and shall be secured hereby and by the said mortgage or deed of trust.
<br />5. That Assignor will not transfer or convey to the Lessee the fee title to the demised Premises. or any pact thereof,
<br />unless the Lesseeassumes in writing and agrees to pay the debt secured hereby in accordance with the terms. coverants and
<br />conditions of the said rase or bond secured by said mortgage or deed of trust.
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<br />a 0111 111[
<br />ASSIGNMENT OF LEASES AND REN s
<br />90--- 107184 "+r
<br />.ri..
<br />THIS ASSIGNMENT, made this 14th day of December 19 90
<br />b �_ Dan L. Hauouler and Alicia M. flaussler, husband and Wife °:.- '1��9 MF
<br />y -
<br />rewding at or having an office at 2021 Faidley Avenue Grand Taland, NE 68803
<br />(herein called "Assignor"). to Firsller Bank, National Association, Omaha, Nebraska having
<br />Its principal office at Omaha, Nebraska (herein called "Assignee ").
<br />WITNESSETH:
<br />FOR VALUE RECEIVED, Assignor hereby grants, transfers and assigns to the Assignee all of the right, title and
<br />irderestof Assignor inandto any and all lessesandothertsnanciesnow, or hereaftermade on or with respect tothe real estate
<br />located in Hall County, Nebraska and more particularly described
<br />in ScheduleA hereof, which real estate shalt be referredto hereinafteras "Premises ". including, but rat limited tothat certain
<br />Lease or those certain Leases, with modifications. If any, described in Schedule B hereof, covering the Premises; together with
<br />(1) any and all extensions or renewals thereof, (2) any and all guarantees of the Lesee's obligations under any thereof and
<br />under any and all extensions or renewals of any thereof. and (3) all rents, issues, profits, revenues, deposits. earnest money
<br />payments, rights and benefits now or hereafter arising from such lease and tenancies or for the use and occupancy of the
<br />Premises, and any and all extensions and renewals thereof. Said leases and tenancies or other use of the Premises together
<br />with any and all guarantees, modifications, extensions, and renewals thereof shall be sometimes hereinafter referred to as the
<br />"Lease' or "Leases';
<br />FOR THE PURPOSE OF SECURING:
<br />ONE: Payment and performance of each and every debt, liability and obligation of every type and description
<br />which Assignor may now or anytime hereafter owe to Assignee, Including, but not limited to, the indebtedness of Assignor
<br />secured by that certain mortgage or deed of trust made by the Assognor to the Assignee dated 12 -14 , 19 20_ ,
<br />and recorded ^yte be recorded at or prior to the recording of this Assignment, or any other mortgage or deed of trust hereafter
<br />covering the ws' oleoranypedofthe Premises, (whether such debt, liability, or obligation now eiasts or is hereafter creat%W Of
<br />incurred and whether i1 is or maybe direr.: or indirect, due or to become due, absolute or contingent primary or secondan, •
<br />liquidated or unlicluidated, or joint, several, or joint and several, all such debts, liabilities and obligations being herein
<br />collectively referred to sometimes as the "Obligations'1; and
<br />TWO: Performance and discharge of each and every obligation, covenant and agreement of Assignor
<br />contained herein or In any such mortgage or deed of trust or any rote or bond secured thereby, or In any obligation or any
<br />securing document given in connection with any of the Obligations secured hereby.
<br />A. TO PROTECT THE SECURITY OF THIS ASS1G1VMZWT ASSIGNOR AGREES, WITH RESPECT TO EACH
<br />LEASE:
<br />1. To faithfully abide by, perform and discharge each and every obligation, covenant and agreement of the Lease
<br />b� Lessor to be performed, to give prompt notice to theAssignee of any notice of defaulton the part of Assignor with respect to
<br />the Lease received from Lessee or guarantor,together with an accurateand complete copy of any such novice; at the sole cost
<br />anri expense of Assignor, to enforce or secure the performance of each and every obligation, covenant, condition and
<br />agreement ol'the Lease b the Lessee to be performed; not to modify or in anyway alter the terms of the Lease;nottoterminate
<br />the term of the Lease and not to accept a surrender of the rents thereunder or to waive, excuse, condone or In any manner
<br />release or discharge the Lessee thereunder from the obligations, covenants, conditions and agreements by the Lessee to be
<br />performed, including the obligation to pay the rental called for thereunder in the manner and at the place and time specified
<br />therein, and Assignor does by these presents expressly release, relinquish and surrender unto the Assignee all Assignor's
<br />right, power and authority to modify or in any way alter the terms or provisions of the Lease, orb terminate theterm or accept a
<br />surrender thereof, and any attempt on the part of the Assignor to exercise any such right without the written authority and
<br />consent of the Assignee thereto being first had and obtained shall constitute a Default of the terms hereof, as de'lined
<br />hereinafter, entitling the Assignee to declare all sums secured hereby immediately due and payable.
<br />2. At Assignor's sole cost and expense to appear in and defend any action or proceeding arising under, growing
<br />out of or in any manner connected with the Lease or the obligations, duties or liabilities of Lessor. Lessee or guarantor
<br />thereunder, and to pay all costs and expenses of the Assignee, including attorney's fees in a reasonable sum, in any such
<br />action or proceeding in which the Assignee may appear.
<br />3. That should Assignor fad to make any payment or to do any act as herein provided, then the Assignee, but
<br />without obligation so to do and without notice to or demand on Assignor, and without releasing Assignor from any obligation
<br />hereof, may make or do the same in such manner and to such extent as the Assignee may deem necessary to protect the
<br />security hereof, including specifically, without limiting its general powers, the right to appear in and defend any action or
<br />proceeding purporting to affect the security hereof or the rights or powers of the Assignee, and also the right but not the duty to
<br />perform and discharge each and every obligation, covenant and agreement of Lessor in the Lease contained: and in
<br />exercising any such powers to pay necessary costs and expenses, employ counsel and incur and pay reasonable attorney's
<br />.wo.
<br />4. To pay immediately upon demand all sums expended by the Assignee under the authority hereof, together with
<br />interest thereon at the highest rate set forth in any of the Obligations secured hereby. and the same shall be added to the
<br />Obligations and shall be secured hereby and by the said mortgage or deed of trust.
<br />5. That Assignor will not transfer or convey to the Lessee the fee title to the demised Premises. or any pact thereof,
<br />unless the Lesseeassumes in writing and agrees to pay the debt secured hereby in accordance with the terms. coverants and
<br />conditions of the said rase or bond secured by said mortgage or deed of trust.
<br />
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