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<br /> : . ,..: "� '� A�c�!^anents Of Leases -
<br /> w- a�..r�Nxs Ar,�'�en t�
<br /> ; � �� (Nebraska)� __
<br /> � Tfi�.t.ssignment is mada Februa 3 1995 ,betvieen �d ��
<br /> William P. Ziller aa Ju'ar�s- ?t. Ziller
<br /> . �,.• - fthe Ass.;or7,a(nl an� -.:
<br /> � Nozwest Bank N b �
<br /> ..�_. _.._ .
<br /> (the Assignea7,a natianal Damt/rtg association.
<br /> � ' . ` �, �Th�,9ssignor has execrrted and detivered to the Ass:�es its;.:�*�=.�ory nnte dated Februar�: 3. Z399__ in the originaJ _
<br /> " prt:rw�al amount o1 S 72.000.00 ___snd�V�'�'�4ns,renswa/s o�modifrca6ons the�eof fthe Notel. -
<br /> _ . (]Ths�Issignor has executed and delivered to the Assignsa its g�a«�tY dated in/avor of tha Assrgnee for �
<br /> - ' ` � tha beneTn of
<br /> � � and an m `�-.ements orsubsritutians Urere�:'�lthe'Guannty'1•
<br /> • ' fthe Borrowar'I in the amount of S y F• -
<br /> �L .' To secure payment of Me obligation descriGsd above fthe'ODiig�',''�n%the AssiSnor has ex�r:r�y and delivered to tha Assigr�a
<br /> •: A''�'' deed of nt�z f'Deed of Trust7 dated 02/03/1999 ,cove�m{�eenain proFersy 1'Tiustl�rs��a�ty'1 fncludirg,amvng othr3-t,`.-'ngs,
<br /> i f�'.• �Y
<br /> - the real en�'e desc�ibed in Me attached Exhibit A and th8 buifd�ngs,f-+1ar:;.ements,frx:ti'r�s anDC�r�r�,1 property now or in the fu[�.�2
<br /> _~.*- located therean.
<br /> _ .. ' Tha Assfgnee AsJ n[rn:iied Ura executivn of this Assignment as a condition to mal:+rg or acce,:.9i:9 d+e Ob/igallon.
<br /> � ' ' ACCARDiNGLY,in com�lderatian ol the premises and other good and valuable tohsida�ation,tha Assigna�dnes he�eby granr,uans/er
<br /> "`=�'�-'f' snd asstg�r:o tha AssigReo a!10l tAalk�t/p'u�'s rrght,dUe and interest in and ta fiJ any and al/pres�-rt a*future leases oi tenancies,cvhather
<br /> �.' '����'��'f',; wrinen a:aral,coverin�or eflecUng any ui a1!ol the Tiust PmFerry,together with any end sl!extensfa�,modificaffons end ienowa��^.hereof
<br /> `{r L. .. '
<br /> - feach,a Cease'and collectively,tha'leases7.anD liil all�anu,pmfns aa�otAar income or payments of any kind dua or paqabla cr to
<br /> � `'�"'a��`- betome due or pavabla ro the Assfgno�as tha result al any usa,posse�sian or occupancY ol al!a�anYReRien ol the Tiust Propeny or as the
<br /> �•=,'i"�r'._';:'M`.
<br /> resu/t o1 the use ol or lease of anY personal pmperty cons�ituting a part of the Tiust Property, whother accnring trafore or after�areclosuio of
<br /> =�''���__�., the Oesd o!Trust o�during tho paria9 of redemptinn the�eof I Rents l,s/l fa fhe purpase ol sea�rfng feJ payment of a!!indnbteGness
<br /> `'`�•�,,;-� "=• evidenced by tha Obllgatlon and all oiher sums secared by►ha�eed ol Trusl;8nd(bl pe�formance and discha�e ol each and every
<br /> '��� obJigdGon,covr:nant and agreement of tha Assignor contained hcrein an�ln the Qeed of Yrust.
<br /> �l-����� Tltrp.4signa tiva�rants and covenants that Assignor is aad will remain tha nbsofute owasr of the Rents and Leases tiea snd clesr ol oU
<br /> --_=i-3�� /iarfs and encumbrances oiher than the/isn granted heretn,that Assigno�has aot praviousN ass/gned or othEnnrise eneumbered the
<br /> ��— Assigno�s Interest in any of tho Rents o�Leases to any otAar person;that Assignn�has tAe right unAer apptitabt9 larv,urtd8r the Le�es ar<d
<br /> othenviso to execute and deliver thls Assignment arrd ra Gcesp snd perto�m eAObfigatians hereunder,artd thot Assignnr will uvairant ond
<br /> dafena tAe Leases snd lianrs against a!I adverse clnrm�v�hathe�now existing or latm�dsin9•
<br /> � --- 7he Rc�qross lurtAe�covenams and ogr�cs es lollaws:
<br /> -.--=:��� 1, F,€HJ�?fi,i�lANCE OF LfASES.Tho Assi�a will faith("utt��rJifde by,pedom+and discharge each a�d eve�y obligation,covansnt and
<br /> °'��=��� agrearnenr whtch ir now is or hereafte�becomas tieGCV to observe or pedonn under any p�esent or luture lerse,end,at the Aasignn�s
<br /> -�T-�� sota cost and expnnse,will enlo�ce or secura tha pe►f7fmaRCe o1 esth end every obl.�gatien,unde�oach and every Lessa.7he Assigaor
<br /> ° w;/1 obsenre and compfy wifh o1l provislons of/aw nFplicaMe to tha operation aM owne�ship of the Tiusr Prope�ty. 7Re Assfgnor will g;va
<br /> �`;e prompi rvritten antice to the Ass/gnee of sny aatico ol default on tho parf of the Assigrto�with�espeet[o fha Lease ieeeived/rom tha
<br /> --- ---- tenara the�eunde�ans wil!elsa af Assignoi�sole cast arrd oxpense,apQear in aad defend any actian ar Rmceeding arising unde,
<br /> __- - &ros�rrg qyt oI or in any manner eonnseted with any Leaso or tha ahJigations duti.:s orli381li6es ol tha Aas/gnor or any ten8nt�ereurrder.
<br /> -�-�"=����'Y�i� 17:rt A:csipno�w+11 nof lease o►otharwiso Re�+�r thn u�e ol a/i o�enV Po�tian of tha Tiust Piope►tV for rent that is Detaw tho ln.`r i�»>!�et
<br /> -"`-`�"r�"�" renp fo�such pmacrty. '
<br /> ==J;���
<br /> , �r�� 2. COLLECT/ON OF RFNTS/N AOVANCE.7fro Assignar wi1J not eoilrct o�atcopt nn',r Rents/o�tRa use or oeeuRan�Y a!�ha Trust opc�tV
<br /> -_^.�;::.��°' fpr mao tNrtn oae mentA!»8dvaaco. Setuiily deposits shap aat bn dcemed ldenfs for purFuscs of thLs pe�agraRh.
<br /> -r.r..:,:;kT. '
<br /> -_:� ,�p�,:,K- 3. PAOTECTlNG THE SfCURlTY OF TH/S ASS1GNMfNT. Shorrld o?e As;Igaor lail to peAOnn or observe any corenant o�agreemrnt
<br /> ���_��;:�;"��:. contLined in Ws Asslgnment,then Hrs Assfgnee may/but shal/have nn obtigatian to1 make or da tho s8me in such mannes end to such
<br /> . .r� ...
<br /> ���."'�;r'•: eatent as the Assipase may dcem appmprinte to pmfetr the sectrrity hereol. 7ha righrs ot tAe Assigrree Ire�euadc�ahapinalude ut aat
<br /> _`��r f be/bnited do fiJ the�ight to appear in and da/ond say action o�proceeding purponing to effett[ha security heren/o�the rigfits or pawers
<br /> _=;t* of tha Assipaea,fnl thq a'9ht Po pedorm aad dischrups each and every oGigalron,covenant artd spreement of tha Assig�ro�eontaiRed In
<br /> ;.•'i.;,'•`` tha Lease,ead G+�)the aght,rn exercrs/np any of tfro nthe�rights Dranted horevnde�ro pay necessary costs an0 expenses,employ
<br /> `"-' ' ' cormsr/and pay reasonabte attomays'lees. Tha Idssignv�sha!I pay on demand ol/sums expen�ed by the AasiBnee Fursuant to th/s
<br /> .t.�•• • paragraph,togethe�witA fiterest the�eon at thn�a1e stated by the IYore or thv rate stated m thn most reCant ohtigation eoverc�by tho
<br /> ` '�,'.:.�' Guaranry,an�tha srrma:JJatl bn ddded to tho Ohl.gauon sccurod/ccrsby vnd by rhe Deed ol�rust.
<br /> rm
<br /> *�E � �• '�' 4. PRESFNT ASS/ONMfNT. This Assignmrnt shafl tonstitutn a pedcY':ed,absolute ead F+�Pn�8�f9nment;provi�cs thal tha Atsigna�shail
<br /> � hava tha rigAt fo tol.�ect af1 of tho Rcnts fsubjeet to Uro Sectlon entitled'Cof,'ecGon ol Rants in Advanco'/and to rntain,uso en9 en,�y thn
<br /> sama unti!en Event of Oefauft atcurs unQe�tha Dce4 01 tnrst o�tha Assigna�breatAes any wa�ranty o�envenanr conta/rted in thu
<br /> � _'. qssipnmsnt.Any Rents sccruiag prin�to an Event of OefauJr urtdu tha Oeed af Tiust trnt par0 the�eafter shall bn R�jd to tha Assrgr=e.
<br /> '' ,N."• . . •i�
<br /> � `�'s'' S, SURVIVAL OF QStlGATlOIl. This Assigmr.e�+t is given as seeuatY in rrddition to ths Oced o/Tiusf.Af!of(Ae Ass/gnor's oDligartans unde�
<br /> �� tho Qesd o1 Trost end this Assignment aha!!tu�viuv forctlasu�o ol Mo Dees o1 Tiust The Assir�nor sAall oase�vo ttn�compfy av7h a�!
<br /> � • te�ms and conrtittons eontan..^d fn thn Oaes oJ Tiust and in this Assignment 2nd ahafl R�eelude eny Event of Oefault trom occurrfrtg unde�
<br /> � � the Oead of Tmst during tha Fenod a1 rcdrmytran lo!lowing loreclosuro ol rhe Des�of Tiust.
<br /> � � ' � 8, pEFAUtT;REMEDIfS. UF�►thg ac�m�ento 01 dny Ev�nt of Oafault spetitred in ths Deed of Trust or uRan the Oreaeh ef any wa�ranry or
<br /> � � covenant contained in fhis Assrgam°nt,th�Assignee may,st its opiion:
<br /> (a)in Ura nsma,pfaca nnd stea�o!d+9 Asstgr.o�snd as thn A,sigrfee in its sa.'e diserotion deems BpAtoFrfete fd enter uyon,managa a�d
<br /> opo�ta ths trust ProF��N ar rntain thn sanrites ol ona or ma�n ind�Gsadent cvntmtfo�s ro msnada an�ep8ratn a!I m onY Oart o/tA9
<br /> � . Trust Propr�ty;!ii/mako,enfnno,modily an0 accept srurender a1 tha Leases;fiiil oDtain or avrct tananis,to:leef,rece;ve,su2�o,fix,
<br /> . ' • ma�ily,ttd;ust or cempromiso tho Rcnts,ttnd enfortn sll Rr�hts o!ttr�Assigno�undc�tho lcases;tlnd livl F£�foftn ttny and a:l oth�i
<br /> •' � � dcts fhot ma y tr�aeeessJry o�proG°�ro protett th�setunty ol this Assignmsnt.
<br /> �� trl with o�vuthaut exercisir.r�thn a'ghis sef larth in subps�agrph(al aQnvo,�YO Ol lCQUt1p(h7l�SSi377tJ�fu yird rrGfwc ta:.r;ar e�!
<br /> � terrants undr�thn Leases nutharit;ng cnd di�cetinc�th.rm to p3y efl Rents unrlrr tA�[eases d.•rcttV ro thn Assrgrt�e:nrtd
<br /> �, • cl rrrith0ul regJrd to uny clasre,adeAuecY of tho sccu�ity o�solvenry of thn Ass:�nor opply for�h�np�aintm^nt o1 a reseive�01 tho
<br /> � Trust Propsrty,to��hith apynintmCnt thn Assignn�hsreby eansents,►vhath:r or not Iorecfusnro Rratesdirgs Aovo D�en comm�nted
<br /> ' rrnd��tho DCCd a1�rost un�c�htther or nal o(aCtfosuro safo Aas GtcunCd.
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