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<br />WHEN RECORDED MAIL TO:
<br />First Interstate Bank
<br />Grand Island Webb Rd.
<br />700 N Webb Road
<br />Grand Island. NE 68803-5018
<br />CASH C
<br />CHE
<br />REFUNDS: __—
<br />CASH
<br />CHECK
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<br />HALL COUNTY "NTY NE
<br />2021 5 :. 6 0 f 3: 2b
<br />i 11'.v.V O i D
<br />PFG S T R OF DFEDS
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<br />FOR RECORDER'S USE ONLY
<br />First/nate Bank
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<br />ti ASSIGNMENT OF RENTS
<br />THIS ASSIGNMENT OF RENTS dated September 9, 2024, is made and executed between Jerry
<br />ii D Dickinson, a single person, whose address is 1410 W 3rd Street, Grand Island, NE 68801; a
<br />{ single person (referred to below as "Grantor") and First Interstate Bank, whose address is 700
<br />N Webb Road, Grand Island, NE 68803-5018 (referred to below 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 Seventeen (17), Ashton Place, an Addition to the City of Grand Island,
<br />Hall County, Nebraska, excepting therefrom a tract of land more particularly described in
<br />Quit Claim Deed recorded in Book 115, Page 347.
<br />And
<br />Lot Eight (8), Block Seventeen (17), Ashton Place, an Addition to the City of Grand Island,
<br />Hall County, Nebraska, excepting therefrom a tract of land more particularly described in
<br />Quit Claim Deed recorded in Book 115, Page 349.
<br />The Property or its address is commonly known as 2701-2703 & 2705-2707 W Koenig St,
<br />Grand Island, NE 68801. The Property tax identification number is 400012677 &
<br />400012685.
<br />CROSS -COLLATERALIZATION. In addition to the Note, this Assignment secures all obligations, debts and liabilities,
<br />plus interest thereon, of Grantor to Lender, or any one or more of them, as well as all claims by Lender against Grantor
<br />or any one or more of them, whether now existing or hereafter arising, whether related or unrelated to the purpose of
<br />the Note, whether voluntary or otherwise, whether due or not due, direct or indirect, determined or undetermined,
<br />absolute or contingent, liquidated or unliquidated, whether Grantor may be liable individually or jointly with others,
<br />whether obligated as guarantor, surety, accommodation party or otherwise, and whether recovery upon such amounts
<br />may be or hereafter may become barred by any statute of limitations, and whether the obligation to repay such amounts
<br />may be or hereafter may become otherwise unenforceable.
<br />FUTURE ADVANCES. In addition to the Note, this Assignment secures all future advances made by Lender to Grantor
<br />whether or not the advances are made pursuant to a commitment. Specifically, without limitation, this Assignment
<br />secures, in addition to the amounts specified in the Note, all future amounts Lender in its discretion may loan to
<br />Grantor, together with all interest thereon.
<br />THIS ASSIGNMENT IS GIVEN TO SECURE (1) PAYMENT OF THE INDEBTEDNESS AND (2) PERFORMANCE OF ANY
<br />AND ALL OBLIGATIONS OF GRANTOR UNDER THE NOTE, THIS ASSIGNMENT, AND THE RELATED DOCUMENTS.
<br />THIS ASSIGNMENT IS GIVEN AND ACCEPTED ON THE FOLLOWING TERMS:
<br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Assignment or any Related Documents, Grantor
<br />shall pay to Lender all amounts secured by this Assignment as they become due, and shall strictly perform all of
<br />Grantor's obligations under this Assignment. Unless and until Lender exercises its right to collect the Rents as provided
<br />below and so long as there is no default under this Assignment, Grantor may remain in possession and control of and
<br />operate and manage the Property and collect the Rents, provided that the granting of the right to collect the Rents shall
<br />not constitute Lender's consent to the use of cash collateral in a bankruptcy proceeding.
<br />GRANTOR'S REPRESENTATIONS AND WARRANTIES. Grantor warrants that:
<br />Ownership. Grantor is entitled to receive the Rents free and clear of all rights, loans, liens, encumbrances, and
<br />claims except as disclosed to and accepted by Lender in writing.
<br />Right to Assign. Grantor has the full right, power and authority to enter into this Assignment and to assign and
<br />convey the Rents to Lender.
<br />No Prior Assignment. Grantor has not previously assigned or conveyed the Rents to any other person by any
<br />instrument now in force.
<br />
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