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202402431
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Last modified
5/31/2024 4:15:06 PM
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5/31/2024 4:15:06 PM
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DEEDS
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202402431
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.111=111111=■ <br />13Vdi1S9b T <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 />CAA LfQ.°° <br />CHECK <br />REFUNDS: <br />CASH <br />CHECK <br />HALL C Y' ( NE <br />INST 7024 02y3I 2024 ;'i w' 32 <br />'4 ti lyl .`''OLD <br />REGISTER OF DEEDS <br />FOR RECORDER'S USE ONLY <br />FIVE POINTS BANK C � �O <br />111111 <br />11 <br />11 111111 <br />11 11111 11111111 11111111111111111111I IIHIM 1011111111 <br />*0000000001013539240115* <br />II <br />1111111 II <br />II <br />ASSIGNMENT OF RENTS <br />THIS ASSIGNMENT OF RENTS dated May 30, 2024, is made and executed between TP <br />ESTATE & CO LLC, a Nebraska Limited Liability company whose address is 935 S PINE ST, <br />GRAND ISLAND, NE 68801 (referred to below as "Grantor") and Five Points Bank, whose <br />address is 3111 W. Stolley Pk. Rd., PO Box 1507, Grand Island, NE 68802 (referred to below <br />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 />LOT SEVEN (7), BLOCK ONE HUNDRED ONE (101), IN RAILROAD ADDITION TO GRAND <br />ISLAND AND KOENIG AND WIEBE'S ADDITION TO THE CITY OF GRAND ISLAND, HALL <br />COUNTY, NEBRASKA. <br />The Property or its address is commonly known as 610 W KOENIG ST, GRAND ISLAND, NE <br />68801-6554. <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 />
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