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L3V211S8y i e <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 />FOR RECORDER'S USE ONLY <br />FIVE POINTS BANK <br />II II II III II IIIIII II II III IIIII IIIIIIII0III II I I II III IIIIIIIIII II <br />*0000000001013353960115* <br />ASSIGNMENT OF RENTS <br />THIS ASSIGNMENT OF RENTS dated July 1, 2021, 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 />ALL OF THE EASTERLY THRITY-ONE AND SEVEN TENTHS (31.7) FEET OF THE <br />SOUTHERLY EIGHTY-SEVEN (87) FEET OF LOT EIGHT (8), IN BLOCK SEVEN (7), <br />KERNOHAN AND DECKER'S ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, <br />NEBRASKA <br />The Property or its address is commonly known as 1504 W 3RD ST, 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 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 />ON 1N3W11T 'NI SY 0R31N3 <br />