|
CASH
<br />CHECK_
<br />0
<br />rn��
<br />N- INST 1115 0 0 32
<br />WHEN RECORDED MAIL TO:
<br />WESTERN NEBRASKA BANK
<br />North Platte ✓j
<br />600 S Dewey St
<br />North Platte. NE 69101
<br />REFUNDS:
<br />CASH_
<br />n',� CHECK
<br />HAL9_`"',,-YNt
<br />2G25 F F.
<br />R GUt.
<br />10: 59
<br />EDS
<br />FOR RECORDER'S USE ONLY
<br />ASSIGNMENT OF RENTS
<br />THIS ASSIGNMENT OF RENTS dated January 24, 2025, is made and executed between
<br />DANIEL E DERR, whose address is 114 SEEDING MILE CT, GRAND ISLAND, NE 68801
<br />(referred to below as "Grantor") and WESTERN NEBRASKA BANK, whose address is 600 S
<br />Dewey St, North Platte, NE 69101 (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 Three (3), Von Ohlen Second Subdivision, in the City of Grand Island, Hall County,
<br />Nebraska.
<br />The Property or its address is commonly known as 114 SEEDLING MILE COURT, GRAND
<br />ISLAND, NE 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. If the Lender is required to give notice of the right to cancel under Truth in Lending in connection with
<br />any additional loans, extensions of credit and other liabilities or obligations of Grantor to Lender, then this Assignment
<br />shall not secure additional loans or obligations unless and until such notice is given.
<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 />Assignment secures, in addition to the amounts specified in the Note, all future amounts Lender in its discretion may
<br />loan to Borrower or 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 BORROWER AND GRANTOR UNDER THE NOTE, THIS ASSIGNMENT, AND THE RELATED
<br />DOCUMENTS. THIS ASSIGNMENT IS GIVEN AND ACCEPTED ON THE FOLLOWING TERMS:
<br />GRANTOR'S WAIVERS. Grantor waives all rights or defenses arising by reason of any "one action" or "anti -deficiency"
<br />law, or any other law which may prevent Lender from bringing any action against Grantor, including a claim for
<br />deficiency to the extent Lender is otherwise entitled to a claim for deficiency, before or after Lender's commencement
<br />
|