Laserfiche WebLink
1:b211S8Y • <br />WHEN RECORDED MAIL TO: <br />Five Points Bank <br />Diers Branch <br />2009 N. Diers Ave. <br />PO Box 1507 <br />Grand Island, NE 68802 <br />r -- <br />FOR RECORDER'S USE ONLY <br />11 <br />FIVE POINTS BANK <br />II <br />11 <br />11 <br />11 <br />11 <br />11 <br />11 <br />II <br />11 <br />111 <br />11 <br />*000000000101335864011 <br />11 <br />11 <br />11 <br />ASSIGNMENT OF RENTS <br />THIS ASSIGNMENT OF RENTS dated July 1, 2021, is made and executed between MYERS <br />MEDINA LLC, A Nebraska Limited Liability Company, whose address is 2016 STATE ST, <br />GRAND ISLAND, NE 68803. (referred to below as "Grantor") and Five Points Bank, whose <br />address is 2009 N. Diers Ave., PO Box 1507, Grand Island, NE 68802 (referred to below as <br />"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 />THE EAST ONE-HALF OF LOT SEVEN (7), IN BLOCK SIX (6) IN KOEHLER PLACE, AN <br />ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. <br />The Property or its address is commonly known as 524 E ASHTON AVE, 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 />FUTURE ADVANCES. In addition to the Note, this Assignment secures all future advances made by Lender to Grantor <br />whether or not the advances are made pursuant to a commitment. Specifically, without limitation, this Assignment <br />secures, in addition to the amounts specified in the Note, all future amounts Lender in its discretion may loan to <br />! N3Wf1I1SNI SV 43J31N3 <br />