|
1zv211S8v 1'9
<br />WHEN RECORDED MAIL TO:
<br />Five Points Bank
<br />Stolley Branch
<br />3111 W. Stolley Pk. Rd.
<br />PO Box 1507
<br />Grand Island, NE 68802
<br />C)
<br />(f)
<br />r,7
<br />FOR RECORDER'S USE ONLY
<br />iii
<br />FIVE POINTS BANK
<br />1111111 11111 11111111111111111111111111111 III 11 II 11 111111111111111111111111 11111111111111111111
<br />*0000000001013370790115*
<br />ASSIGNMENT OF RENTS
<br />THIS ASSIGNMENT OF RENTS dated August 25, 2021, is made and executed between
<br />GREATER GRAND ISLAND COMMUNITY FOUNDATION, INC., A NEBRASKA CORPORATION,
<br />whose address is 1811 W 2ND ST, SUITE 365, GRAND ISLAND, NE 68803 (referred to below
<br />as "Grantor") and Five Points Bank, whose address is 3111 W. Stolley Pk. Rd., PO Box 1507,
<br />Grand Island, NE 68802 (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 />LOT ONE (1) AND THE EASTERLY ONE-THIRD OF LOT TWO (2), IN BLOCK EIGHTEEN (18),
<br />IN KERNOHAN AND DECKER'S ADDITION TO THE CITY OF GRAND ISLAND, HALL
<br />COUNTY, NEBRASKA, EXCEPTING THEREFROM A TRACT DEEDED TO THE STATE OF
<br />NEBRASKA DEPARTMENT OF ROADS AS DOCUMENT NO. 200801353
<br />The Property or its address is commonly known as 1503 W 2ND 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 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 />
|