CASH
<br />CHECK 40;49()
<br />0£1.£09Z0Z
<br />1Zd91S9V 'I'J
<br />ItS Z5 03130
<br />WHEN RECORDED MAIL TO:
<br />FIVE POINTS BANK OF HASTINGS
<br />MAIN BANK
<br />2815 OSBORNE DRIVE WEST
<br />HASTINGS, NE 68901
<br />REFUNDS:
<br />CASH
<br />CHECK
<br />Ra:: DED
<br />HALL C..!N,ITY NE
<br />10150 P 3: I b
<br />•TOLD
<br />REGISTER OF DEEDS
<br />22.°0
<br />FOR RECORDER'S USE ONLY
<br />II
<br />II
<br />II
<br />II
<br />1111111
<br />II
<br />II
<br />II
<br />1111111
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<br />III
<br />III
<br />111111111
<br />INI
<br />II
<br />1111
<br />*000000000000023132011506092025*
<br />II
<br />11111
<br />III
<br />1111111
<br />ASSIGNMENT OF RENTS
<br />THIS ASSIGNMENT OF RENTS dated June 9, 2025, is made and executed between 3 N
<br />CARWASHES LLC, whose address is 2303 W 2ND ST, HASTINGS, NE 68901; A NEBRASKA
<br />LIMITED LIABILITY COMPANY (referred to below as "Grantor") and FIVE POINTS BANK OF
<br />HASTINGS , whose address is 2815 OSBORNE DRIVE WEST, HASTINGS, NE 68901 (referred
<br />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 />Units Four (4) and Five (5), Mainstreet Station Business Condominiums as shown in
<br />Declaration recorded as Document No. 202003005 and Amendment recorded as Document
<br />No. 202003762, and Amendment recorded as Document No. 202103646, Amendment
<br />recorded as Document No. 202305425 in Grand Island, Hall County, Nebraska.
<br />The Property or its address is commonly known as 2223 N WEBB RD AND 2235 N WEBB RD,
<br />GRAND ISLAND, NE 68803.
<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 />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 />or completion of any foreclosure action, either judicially or by exercise of a power of sale.
<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 />LENDER'S RIGHT TO RECEIVE AND COLLECT RENTS. Lender shall have the right at any time, and even though no
<br />default shall have occurred under this Assignment, to collect and receive the Rents. For this purpose, Lender is hereby
<br />given and granted the following rights, powers and authority:
<br />Notice to Tenants. Lender may send notices to any and all tenants of the Property advising them of this
<br />Assignment and directing all Rents to be paid directly to Lender or Lender's agent.
<br />Enter the Property. Lender may enter upon and take possession of the Property; demand, collect and receive from
<br />the tenants or from any other persons liable therefor, all of the Rents; institute and carry on all legal proceedings
<br />necessary for the protection of the Property, including such proceedings as may be necessary to recover
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