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<br /> . ASSIGNMENT OF LEASES AND RENTS 9i'1000"I7 � ...,�tl_:f__,.�.�
<br /> , � =nLL.s..— .,
<br /> � ,. THIS AS31t3NMENT,mede this 2Ath dey of nQCember 19 90--... � , ;;,. .; �
<br /> by Will.tam D. Livenqoor� and Aeverly K. Livenqood, husband and wife I
<br /> residiny at or hevin�an otOce at 645 M Street , i.incoln, NE 69508 _,_� I
<br /> � (horein celled "Assignor..l,to FirsTier Bank National Association,Omaha Nebraska havinq i
<br /> its principal office at Omaha.Nebraske(herein caJ3ed"A1��ee")� ;
<br /> �
<br /> WITNESSETH: ,
<br /> FOR�OAI�E RSCEi�OED,Assignor hereby grants,hansfe�9 and assigns to the Assign9e all ot the right,dtle a�d
<br /> ' interest of Assiynor ia�amdto eny end all leases and other tenencies now or hereatler made on or w�th reapect to the real eatate
<br /> . �
<br /> locatedin Hall Cc�.ar.*_y, Nebraska andmorepeRiCUlarlydesCribed .
<br /> � inScheduleAhereotwhichrefa�e�la4eahallberefenedtohers�nalte�as"Premises",lncludin ,butnotlimitedtotha4certain
<br /> ea .
<br /> Lease ar those ceAain Lciasea,wa�madiflcatlo�s,if eny,des�ri�sd!n Schedule B hereo�,cove ng ihe P�emises;t ether with
<br /> a .
<br /> (1�eny and all exte�+s+ceas or renewaas the�eo3,p�1 any end all guerentees of the Lesee s obligaaan�under any ereof and . , ;.;',�, ;
<br /> � � � under any and all axten�lans or renewals ot any Ihereof,and(3)all rents,issues,proflts,revenues,�e�coslls,eamest money
<br /> �� �� •� payments,rights and benefils now or hereaRer arising irom such lease and tenancies or for the use and occupancy oi the ' ''�•'
<br /> ':�'�'+,�,�'�`�` Premises,and any and all exte�a��ons and�enewals thereot Seid leases and tenancies or other use of the Premises together
<br /> • ,f� '•'• with any and all gua�antees,rnaca i�ications,extensio�,and renewalslhereof shall be somerimes hereinaRe►referred b asthe ,� . .
<br /> � . ••Lease"or„Le&ses.,; .
<br /> FOR THE PURPOSE OF SECURINO:
<br /> ONE: Payment and performance of each and every debt,Iiablliy and obligetion ot every1ype and descrfpdon
<br /> which Assignor may now or anytMne hereatter owe to Assignee,fncluding,bu1 not Ilmited to,the fndebfedness of Assi�no► ,
<br /> � secured by ihat c8rialn mostqa�a ar dscd ot h�r�t mads by she Assogna te the Aa9lgrtee�iAted i_2-24 ,19 90
<br /> �• � and recorded ort�a�be recorded at or prior tatherecording of thisAssignmenl,or any other mortgage or deed of trust hereaiter ••
<br /> ' •I covering ihe whoi�i�or a ny paA oPthe Premises,(whether such debt,Ilabllity,or obligatian now exlst�or ls hereafter created or • .
<br /> �� ' I incurred and whelher i i is or may be dlrect or lndirect,due o�to become d�re,abaotute or conUnge��,primery or secondary, .. ��
<br /> 'r .. . � ' I liquidated or unliquidaied, or�oin1, several,or joint and several,all auc�h debts, IiabilNles end obNpedons beinp herefn �
<br /> � collecUvely referred to somedmes as the"Obligetions'�;and
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<br /> . :�;; TW�O: Pe�formance and discharge ot each end every obligadon, covenant and agreement of Assignor
<br /> contained herein or In any such mortgege or deed of trust or any note ar bond secured thereby,o�fn eny oblipadon or any
<br /> securing document glven in co�nection wlth any of the Obligadons secured hereby.
<br /> A TO PROTECT THE SECURITY OF THIS ASSIGNMENT ASSIONOR AGREES, WITH RESPECT TO EACH
<br /> LEASE:
<br /> t. To faiihfully abide by,perform end discharge each and every obfigaUon,cavenant an2!agreement of the Lease
<br /> by Lessor to be pertormed,to glve prompt noticeto the Assignee of any notice of default on the paAof Asslgnor with respect to
<br /> the Lease recoived irom Lessee�or guarantor,together wlth an aCCUrate and complete copy of anysuch noNce;atthe sote Cost
<br /> and expense al Asslg�ar, to e�n7orce o► secure the performance of each and every obligadon, covenant,condldon end
<br /> ' agreemenloftheLeaseby theLesseetobeper}ormed;nottomodifyorinenywayalterthetermsotlY�eLease;nottoterminate �• '
<br /> the term ol the Lease and not to accept a surrender of the rents thereunder or to walve,excuse,condone or in any manner •
<br /> release or dlschargBthe Le�see thereunder trom the obligatfons,covenants,conditions and agreer•nenta by fhe Lessee to be
<br /> performed,including the obligallon to pey the rental called for thereunder in the manner end at the place and tlme speclfled
<br /> therei�,and Assignor does by these presenls expressly�elease,rellnquish and su�render unto 1he Assfgnee al�Asslgnors
<br /> righL power and authoriryto modify or In any way alter theter�nsor provisionsof the Lease,or to terminatsthe term or accepte
<br /> ,, surre�der thereol,and any attempt on the pavt of the Asslgnor to exercise any such right withou14h8 wrftten euthority and
<br /> consent ot the Asslgnee thereto being fivs1�had and obtalned shall constftute e Default of the terms hereof,as defined
<br /> �:,, hereinaNer,entltlmg Ihe Assf9nee to declare a11 sums secured hereby�mmediately due and peyab�e.
<br /> :;,
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<br /> �:. 2. At Assignor's sole coat and expense to eppear in and defend any act�on or proceeding arising under,growing
<br /> � '��� . .� out of or in any manner cvnrected wlth the Lease or the c,bflgatfons,duties or lia��lities of Lessor, Lessee w gua►antor
<br /> ��; thereunder,a�d io pey all costs and expenses of the Asslgnee,including atlorney's feRS fn a reaeonable sum,fn any such ,
<br /> :�•. actfon or proceeciing i n which the Assignee may appear. •
<br /> 3 Tha1 should Ass:c�•�or fai�ta maae any pa�m.ent or to do any aCt as herein provlded,tr.en the�ss�gnee,but
<br /> without ubhgat+o�:so ta do aRtl w�thout notice to or demand an Assignor,and without reieasi�g Ass9gno�lrome a r�y abllgalian
<br /> hereof,may make ar do the same in such manner a�n�l ta$uch extent as the Assignee may deem neceasary��o protect the
<br /> ; � secunty he�eol,in�ludonq specifically,wirhoul:.mniting�b general powers,the right to appear in��ad defend any action or
<br /> 1 proCeeding pu�o�t�n�loaffect the secunty her,aoi or the rights or powers of thp Ass�g�ee and a^se x+re�ight but not the duty to
<br /> � pertorm and d�s�c�ha�c��e each and every obhgation, covenant and agreement o� Lesaor in the Lease contained:a�d m
<br />. ...�...�....n.e.�w..eu noreocorv�nafn anrl aYnanaaC Am01nV COU(ISeO 9f[�IflCUf 8f1�08V fB88011��@ 8n�n�y S
<br /> � v�n0p1 biYii.y o�:1 u..v.,pv«e......�...�......���'� ���'��' - ' �- '--.- r -• . .
<br /> �VQO.
<br /> 4. Ta p�.��;�'�nmediately upon demartd all sums expended by the Assignee under the aulhority hereot,together wert
<br /> Interest thereon�i the h�ghest rate set fdrtRr rn any of the Obligetions seCUred hereby,and the same shall be added eo the
<br /> � Obligatfona end shaN be secured hereby artG bV the sacd mortgage o�deed of trust.
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<br /> j 5. ThatAssignorwillnottransferorcanve�rtai�rieLesseetheleedtletothedemisedPremises,oranypartthereol.
<br /> � unless the Lessee assumes in wr�ting end agrees to pa��a°.,s debt secured hereby in accordanc9 with the terms,covenanta and
<br /> condiUons of the sa�d note or bond securet!l�y sa�d morigage or deed ot trust.
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