Laserfiche WebLink
1OVd1S V 0 <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 />CAS C 410'60 <br />CHE ,I�( <br />REFUNDS: <br />CASH <br />CHECK <br />RECORDED <br />HALL COUNTY NE <br />INST 2024 0 0 2 5 9 2024 JAN 18 P 3 10 <br />KF ST1 WOLD <br />REGISTER OF DEEDS <br />FOR RECORDER'S USE ONLY <br />FIVE POINTS BANK <br />II II II 1111111 II II II II IIIII IIIII 1111111 IIIIIIII II 111111 IIII IIII II 11 <br />*0000000001013520760115* <br />II <br />ASSIGNMENT OF RENTS <br />THIS ASSIGNMENT OF RENTS dated January 18, 2024, 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 />Lot Seven (7), Block Fifteen (15), in the Original Town, now City of Grand Island, Hall <br />County, Nebraska <br />The Property or its address is commonly known as 408 W 5TH STREET, 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 />unenforceable. <br />FUTURE ADVANCES. In addition to the Note, this Assignment secures all future advances made by Lender to Borrower <br />or Grantor whether or not the advances are made pursuant to a commitment. Specifically, without limitation, this <br />