202303079 - Laserfiche WebLink

Browse

13V I1SEIV TO INST 7013 0303q WHEN RECORDED MAIL TO: First National Bank of Omaha Downtown- Corporate Banking Group 1620 Dodge St SC 3206 Omaha. NE 68197 CAH C � I °° CHECK REFUNDS: CASH CHECK RECCDED HALL .,l ''' TY NE 1013 JUN 2 .) 3: 08 , OF_ .) REGISTER OF DEED:7: FOR RECORDER'S USE ONLY �fnbo IIIIIIIIIII101IIIIIIIIII111111 IIIIIIIIIIIIIII111111 HII III III VIII VIII IIII IIIIIIIIIIIIII IIII #####tFttttttttttittt##584806072023' 11111101111111111111111101111111111111111 ASSIGNMENT OF RENTS THIS ASSIGNMENT OF RENTS dated June 7, 2023, is made and executed between GMCO Growth Technologies, LLC, a Colorado limited liability company (referred to below as "Grantor") and First National Bank of Omaha, whose address is 1620 Dodge St SC 3206, Omaha, NE 68197 (referred to below as "Lender"). ASSIGNMENT. For valuable consideration, Grantor hereby assigns, grants a continuing security interest in, and conveys to Lender all of Grantor's right, title, and interest in and to the Rents from the following described Property located in Hall County, State of Nebraska: A tract of land located in the Southeast Quarter (SEI/4) of Section Seventeen (17), Township Eleven (11) North, Range Ten (10) West of the 6th P.M., Hall County, Nebraska, being more particularly described as follows: Commencing at the Southeast corner of said Section 17; thence N 00°05'36" E (Assumed Bearing) on the East line of said Southeast Quarter a distance of 735.00 feet to the point of beginning; thence continuing on said East line N 00°05'36" E a distance of 174.05 feet; thence S 89°31'36" W parallel with the South line of said Southeast Quarter a distance of 1,741.69 feet; thence S 00°01'25" E a distance of 820.17 feet; thence S 45°00'00" E a distance of 31.70 feet; thence S 00°01'25" E a distance of 66.25 feet to the South line of said Southeast Quarter; thence N 89°31'36" E on said South line a distance of 1,117.43 feet to the Southwest corner of deed Instrument Number 201900606; thence N 00°05'36" E on the West line of said Deed Instrument Number 201900606 a distance of 735.07 feet to a 5/8" rebar with LS -672 Cap; thence N 89°32'00" E on the North line of said Deed Instrument Number 201900606 a distance of 600.00 feet to the point of beginning. The Property or its address is commonly known as Land located at , Grand Island, NE 68802. FUTURE ADVANCES. In addition to the Note, this Assignment secures all future advances made by Lender to Borrower whether or not the advances are made pursuant to a commitment. Specifically, without limitation. this Assignment secures, in addition to the amounts specified in the Note, all future amounts Lender in its discretion may loan to Borrower, together with al interest thereon. THIS ASSIGNMENT IS GIVEN TO SECURE (1) PAYMENT OF THE INDEBTEDNESS AND (2) PERFORMANCE OF ANY AND ALL OBLIGATIONS OF BORROWER AND GRANTOR UNDER THE NOTE, THIS ASSIGNMENT, AND THE RELATED DOCUMENTS. THIS ASSIGNMENT IS GIVEN AND ACCEPTED ON THE FOLLOWING TERMS: GRANTOR'S WAIVERS. Grantor waives all rights or defenses arising by reason of any "one action" or "anti -deficiency" law, or any other law which may prevent Lender from bringing any action against Grantor, including a claim for deficiency to the extent Lender is otherwise entitled to a claim for deficiency, before or after Lender's commencement or completion of any foreclosure action, either judicially or by exercise of a power of sale. BORROWER'S WAIVERS AND RESPONSIBILITIES. Lender need not tell Borrower about any action or inaction Lender takes in connection with this Assignment. Borrower assumes the responsibility for being and keeping informed about the Property. Borrower waives any defenses that may arise because of any action or inaction of Lender, including without limitation any failure of Lender to realize upon the Property, or any delay by Lender in realizing upon the Property. Borrower agrees to remain liable under the Note with Lender no matter what action Lender takes or fails to take under this Assignment. PAYMENT AND PERFORMANCE. Except as otherwise provided in this Assignment or any Related Documents, Grantor shall pay to Lender al amounts secured by this Assignment as they become due, and shall strictly perform all of Grantor's obligations under this Assignment. Unless and until Lender exercises its right to collect the Rents as provided