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<br /> ;;:. ~� R"'�I NORWEST BANK NfBRASKA,NAT/ONAL ASSUCIATION ASSIGNMENT DF
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<br /> -° ', ; 'w� This Auiprtri7��t,m�di thli 2S .day of J�nuwrS► , P9 93 by and _
<br /> � "`�'�"�{::�, - T"`� b�trwvn HEARTIAND AGRI 4UPPLY. INC. ---
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<br /> ' � Y. -•- �r,`: . /"qsslp�a"/,Ind NORWEST BANK NEBRASKA,NATIONAL ASSOC/ATION("Assiyne�s"l. __
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<br /> -.� _ `'�:��. �� WITNESSETH:
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<br /> !"'� `� �'� t. Oofinitionr. As use�d In this Ayreement:
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<br /> �''' " � � � A. "Mortgspa"shall me�n that certein Deed o�Tiust in th�principal s�m
<br /> �' !'�:':. '`:. '�-r`� pf S 40�,000.00 deted .lanuarv 25 , 19�_, �--
<br />���'+'.; � ' . . ���''' Hear�land Agri supp�v. Inc. �oNORWESTBANK =
<br /> r-,���' : � �xe�cuterlby ,as Trustor,
<br /> � `k�'�y�'� NEBRASKA,NATIONAL ASSOCIAYt�N,as Beneflciary,upon the rea/�state Arld imp�ovements a��
<br /> 5 -':,-. ��s`�;t"�:��!��Af , d�tcribed in�'xh/bit "A';whlch is a�d 6y thia�+riQrence incorpaated hereln. ' -�
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<br /> ;yt� ,�, ;;:,,:r., 400,000.00 -_.
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<br /> ^ k�;5,.��+��.�t::r�!;, �;:�� ' .�� - B. '7Vote"shallmean[hatcertainnotesecuredbythe$, - _=�_
<br /> "`t`� Deed of Trus�,exec�ted contemporaneour/y therew/th by -
<br /> "�• ,y;}��� Heartland Agri Supply� Inc. es make�,end NORWEST BAlli�t i11EBRASKA, � -
<br /> ���:;�� ' � �� � ',�.: NAT/ONAL ASSOC/ATION,as paye�,and secured by the Desd of Tiust. :.,;-:
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<br /> `���'. ,' �,:,�n„ 4.:�.��'Y:� C. "Loan"as hereinafter used,shall mean the/oan in rhe amount of 3400.QQ0.00 =
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<br /> •� � � �*kY- _.as evidenced by the note ond recured by tdZe Deed of Tiust,as w+ell as eny other
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<br /> ;;4. �4,.,., . re�curing instruments. �;":-
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<br />-,- -,,-; �'��;�;_;�� NOW, T1f�l3fT04:�,far antllr.��,s;�,-a;;a:.af the making and t.:^��:��f sa%��osn,and/or - �
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<br /> , ;��;��:���• �,,�;.,• other good and valuab/e cnnsideret/a�,t�he r�cei,ot whereof is hareby acknnwledged Asslpnor,for ltseN, ���•�y�
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<br /> '" ' ;, 'r;,; � ,.f�'ti,;} ' its successors,persona/representaNv�s,hmi,s and assigns,has bargalned,sold, tranaf�sred,assigned, l�,��::.
<br />�,,, ,��;1. ,;?'":'��1�' conveyed,set overand delivered. And 6y thase presents does heseby bargain,sell,rrans%��e�,asslgn,and � �',!t';��
<br />�: `;��r� :;� �� ' conNey as security for the repaymen t of the above descrlbed�aarlebtedness and the payrnent and par• �i%,•'
<br />,y'� ��` • +ormance of sll of thP�Prms and rnnrlitionr n/t�P Note and Mn,tQc+gn evi�ncing rhe same,and sny ��f��
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<br /> � � and ell amendmenrs,extensions end renewals rher2of,a/l/eases now or hereafter executed affe�crinq , ''
<br /> ,i�';';';��?' . , ��}.�,;• ` � the Mortgaged Premises,end alI rents,issues,profits and income and wms of money whlch may now ,
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<br /> '� � �� 't �` r�. : ° 'a r h e r e a f t ea b e or b e c om e du e e n d o wi n g u n d e r a n d b y v i r t e r�o f s a l d l e a s e s, i r b e i n g i h e i n t enii on
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<br /> • r�;"r � 'a�:;�;:.,'.,,... hereby eo establish a complete trans�`er and assignment of td�e IPases hereby assigned and el0 tAe avails �
<br /> �� ��' •, . ;''�, theieunder unto the Assigne�e,its successors end assigns, together wlth the ilght,bui wi thout t6�e
<br /> � � ��"� '�':��.�n- t=;�'= obfigation,ro collect a�l o�the said rents,Issues,p�ofits and/ncome arisi�ag or acc�uJng, ar uvhic�may
<br /> x � ��t!d"��r�!,?"' '�•• ••" become due et any t/m.e.Wuring the Ille of rhis Assignmen[. Assigno�furr�er agrees,upor demana' ' �N
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<br /> ;� �,�•, _ �, ,,ti �, rhei+eof,to a�eliver to anrJ dapas►t sairl�eaaes with AssJgne�e. ...-
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<br /> ' ' � � ° Assignor hereby�'�signeties, co.�stitutes and appoints Assignee,its successors and assigns,w+dh ��"`
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<br /> ' h' f.a!/power o/substitution,its t�ueand lew/u/at[o�ney with pow+�r for ii and in its name,place a�t! �'
<br /> r�,,�.� � .• �•_ d 1 sreHd,for!n!he neme ot Assigne�e,to ask,demand,col%t,receive,receipt and give full and com- �':_
<br /> •�,�`.��'�r;� ��°:=.' �• � p/ete acquitlances for any and a//rents,issues,prolits and in�came hereby assigned which inay becom8 �
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<br /> •r.:..••,•. • ' t.�. .-.: ' .� �' due and payable by/essees or othe�occupanis of the Mortgnged Premises;and at Jts discretion ra f11e . �,..
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<br /> - • ��� +,+��`,�.t�,�.• „ any cleim or take eny other ection or proceeding to meke any settleme�t of any c/aim,ei[her in itr
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<br /> '•"?�' ; x:,?`,'�, own name or in the name of Assignor,or otherwise,which the Assignee� or any successor may dee�aa �
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<br /> � ' ':� t �.�.���'���+ ,},...�s� desirab/e in order�o cotla„r and enlorce the peymenr of an and all rents,rssues,pro/its and inoome +r�
<br /> ` �'`' .� �� l� .�• ''` herein essigned. The/essees and occupants of the Mortgaged Premises,or an y part hereo%�re hereb y r�
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<br /> �.•:'���•�1` '�i5°.� . �� ' ;����� express/y authorized and directe�'to pay all rents and sums herein assigned which would be payable � �'
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<br /> t, �,-' _ ,.�.. �'� •�+ to Assigno�,fexcept/or this Ass�qnment, ro the Assignee,and ro transmi[and delivei such payment �
<br /> ----- � :" � � lu Fhe Assignee or such nominee as ii may desig.�a�e in writrng,dcliverc:!to and received by such. � �.
<br /> . ,, ' '� ' ' �essee ar occupanf, who is express!y relieved of�n�and ell duty,liebiliryv os ob/i,qetion [o fhe
<br /> � � � ` Assi nor in respe+ct of all pa ments so made. �� �
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<br /> ' . • ` Assignee shal/be,and hereby�s,vested with tull pan�er t�is58 8��SeICh�eB�SUr�F egal and F
<br /> • �fi �� . �t equitablo,as in its discrer�on may be deemed��ecessary or pra�er ta en�r�rce r�"�s Agreement anct � �
<br /> ,' ' "• to col%ct rhe rents, issues,pro/its and income assigned hereunder,inc7;,��r«r �he right ro enter upon '
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<br /> 4 � '�% fhe piemises and[o take possession[hereof,and Auignor hereby grants fut�power and authority j'�,!•;
<br /> ikr.a�_-. ��:t_::��_i.+_._ ��. to the Auignee to exercise a/l rights,privileges and powers herein granted a[any and aN times here• �
<br /> ' �� eher,without notrce to Assignor, with full power to use and apply alI of the rents, �ssues,protits and �
<br /> +i' U � • �•'•.••�'•'�,-�'•.• mcome herern assigned to the payments olany indehredness or lia6il�ty of the Assignor ta the �� •,
<br /> � �,;;;i,��;• _;'�i;.,;��� Assigne�e,in such o�der es Assignee may determ�ne.
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