13V211say 'I'0
<br />WHEN RECORDED MAIL TO:
<br />Five Points Bank
<br />Broadwell Branch
<br />2015 North Broadwell
<br />PO Box 1507
<br />Grand Island, NE 68802
<br />FOR RECORDER'S USE ONLY
<br />FIVE POINTS BANK
<br />11111111111111 I II II II 11 11 I 111111111111111111111111111111111 11 111111111 1111111111
<br />*0000000001013430790115*
<br />ASSIGNMENT OF RENTS
<br />THIS ASSIGNMENT OF RENTS dated July 21, 2022, is made and executed between PATRICK
<br />RENTALS LLC, A NEBRASKA LIMITED LIABILITY COMPANY, whose address is 2885 SAINT
<br />PAUL RD, GRAND ISLAND, NE 68801. (referred to below as "Grantor") and Five Points Bank,
<br />whose address is 2015 North Broadwell, PO Box 1507, Grand Island, NE 68802 (referred to
<br />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 />LOTS ONE (1), TWO (2) AND THREE (3), BLOCK TWO (2), REVISED PLAT OF WEST'S
<br />SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA AS SHOWN
<br />ON PLAT IN BOOK 5, PAGE 349.
<br />The Property or its address is commonly known as 2403 W OLD LINCOLN HIGHWAY, GRAND
<br />ISLAND, NE 68803. The Property tax identification number is 400111152.
<br />CROSS -COLLATERALIZATION. In addition to the Note, this Assignment secures all obligations, debts and liabilities,
<br />plus interest thereon, of either Grantor or Borrower to Lender, or any one or more of them, as well as all claims by
<br />Lender against Borrower and Grantor or any one or more of them, whether now existing or hereafter arising, whether
<br />related or unrelated to the purpose of the Note, whether voluntary or otherwise, whether due or not due, direct or
<br />indirect, determined or undetermined, absolute or contingent, liquidated or unliquidated, whether Borrower or Grantor
<br />may be liable individually or jointly with others, whether obligated as guarantor, surety, accommodation party or
<br />otherwise, and whether recovery upon such amounts may be or hereafter may become barred by any statute of
<br />limitations, and whether the obligation to repay such amounts may be or hereafter may become otherwise
<br />unenforceable.
<br />FUTURE ADVANCES. In addition to the Note, this Assignment secures all future advances made by Lender to Borrower
<br />
|