CO
<br />I ,v211S9V 'ED
<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 />FOR RECORDER'S USE ONLY
<br />11
<br />FIVE POINTS BANK
<br />I11IRII@Ipllll 111111111111 III 1 III III II IIIIIIIIIII III I 111111111
<br />"0000000001013390410115"
<br />ASSIGNMENT OF RENTS
<br />THIS ASSIGNMENT OF RENTS dated December 16, 2021, is made and executed between
<br />LOFA PROPERTIES LLC, A NEBRASKA LIABILITY COMPANY, WHOSE ADDRESS IS 4134
<br />DRIFTWOOD DR, GRAND ISLAND, NE 68803. (referred to below as "Grantor") and Five Points
<br />Bank, whose address is 2009 N. Diers Ave., PO Box 1507, Grand Island, NE 68802 (referred
<br />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 THAT PART OF LOT TWENTY THREE (23), LYING EASTERLY FROM THE
<br />PROLONGATION OF THE EASTERLY LINE OF LOT THREE (3) AND ALL OF LOT TWENTY
<br />FOUR (24), BOTH IN BLOCK EIGHTEEN (18), ASHTON PLACE, AN ADDITION TO THE CITY
<br />OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />The Property or its address is commonly known as 2604 W LOUISE ST, GRAND ISLAND , NE
<br />68803.
<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
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