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202306545
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Last modified
12/18/2023 11:46:57 AM
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12/18/2023 11:46:56 AM
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202306545
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l3VI1S V• <br />JNST 1013 0b545 <br />WHEN RECORDED MAIL TO: <br />Five Points Bank <br />Stolley Branch <br />3111 W. Stolley Pk. Rd. <br />PO Box 1507 <br />Grand Island. NE 68802 <br />cAti C. )4 l0 0° <br />CHECK <br />REFUNDS: <br />CASH <br />CHECK <br />REO MED <br />HALL " Y NE <br />1023 Li., N}.20 <br />REGISTER GE %L E <br />C/ 446 oo <br />FOR RECORDER'S USE ONLY <br />11111111 <br />FIVE POINTS BANK <br />11 <br />1111111111111,11091R1,1111111!!!!!I 1111111 I IIII <br />940115* <br />11111111111 1111111 <br />IIII <br />ASSIGNMENT OF RENTS <br />THIS ASSIGNMENT OF RENTS dated December 14, 2023, is made and executed between TP <br />ESTATE & CO LLC, a Limited Liability Company, whose address is PO BOX 12, GRAND <br />ISLAND, NE 68802 (referred to below as "Grantor") and Five Points Bank, whose address is <br />3111 W. Stolley Pk. Rd., PO Box 1507, Grand Island, NE 68802 (referred to below as <br />"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 />The Easterly 33 Feet of Fractional Lot Six (6), and all of Fractional Lot Seven (7) in <br />Fractional Block One Hundred Forty Three (143) of Union Pacific Railway Co.'s Second <br />Addition, and its complement being the East 33 Feet of Fractional Lot Seven (7) and all of <br />Fractional Lot Eight (8) in Fractional Block Eleven (11) in Russel Wheeler's Addition, all in <br />the City of Grand Island, Hall County, Nebraska <br />The Property or its address is commonly known as 412 E 9TH ST, GRAND ISLAND, NE <br />68801. <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 />
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