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8- <br />ti›siimmem <br />G7 <br />W <br />r_J <br />f, <br />Return To: <br />Rural Investment Corporation <br />145 Main Street PO Box 136 <br />Lyons NE 68038 <br />Assignment of Rents and Leases <br />This Assignment is made this j ' of ,2021 by and between A&V Enterprise LLC <br />("Assignor") and Rural Investment Corporation ("As lgnee"). hereby conveys, transfers and assigns unto the <br />Assignee, its successors and assigns all the rights interest and privileges, which the Assignor as Lessor has and may <br />have in the leases now existing or hereafter made by affecting the real property in Hall County, more particularly <br />described as <br />Lot One (1), Block Sixteen (16), Rollins Addition to the City of Grand Island, Hall County, Nebraska <br />Address 414-416-418 N Eddy Grand Island NE 68801 <br />AND <br />Lot Two (2), Block Sixteen (16), Rollins Addition to the City of Grand Island, Hall County Nebraska <br />Address: 809 W 5th St Grand Island NE 68801 <br />as said leases may have been or may from time to time be hereafter modified, extended and renewed with all rents, <br />income and profits due therefrom. The Assignor will on request of the Assignee, execute assignments of any future <br />leases affecting any part of said premises. <br />This assignment is made as additional security for the payment of a note (and all extensions or modifications <br />thereof) made by Rural Investment Corporation to A&V Enterprise dated June 26, 2021 in the original principal <br />amount of One Hundred Forty -Seven Thousand Seven Hundred Twenty-one and 07/100 dollars ($147,721.07) <br />encumbering the said real property, and acceptance of this assignment and collection of rents or the payments under <br />the leases hereby assigned shall not constitute a waiver of rights to the Assignee under the terms of said note. It is <br />expressly understood and agreed by the parties hereto before default occurs of the terms under said Note, Assignor <br />shall have the right to collect said rents, income and profits from the aforementioned leases and to retain and use the <br />same provided, however that even before default occurs no rent more than two months in advance shall be collected <br />or accepted without the prior written consent of the Assignee. Anything to the contrary notwithstanding, Assignor <br />hereby assigns to Assignee any award made hereafter to it in any court procedure involving any of the leases in any <br />bankruptcy, insolvency, or reorganization proceeding in any state or Federal court and any and all payments made <br />by lessees in lieu of rent. Assignor hereby appoints Assignee as its irrevocable attorney in fact to appear in any <br />action and/or to collect any such award or payment. <br />