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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 />jf�rMi <br />r <br />�'�� <br />.l���r }�.�•f�9'. /� ,�`r�1,•t.,'•' <br />`(• <br />T�iC: '� .,(liY �4i�J �'t _ 1'�' J`,,• r '. <br />"..4," .�."t � <br />si,�,�y,�',.. ark•. 1' _... _ <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 />