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<br />CHECK
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<br />WHEN RECORDED MAIL TO:
<br />BRUNING BANK
<br />GRAND ISLAND LOCATION
<br />3032 WEST STOLLEY PARK ROAD/PO BOX
<br />1109
<br />GRAND ISLAND, NE 68802
<br />REFUNDS:
<br />CASH
<br />CHECK
<br />RECORDED
<br />HALL C C'',f\ITY NE
<br />14150C1I S P3:11
<br />WOLD
<br />REGISTER OF DEEDS
<br />C 3yoo
<br />FOR RECORDER'S USE ONLY
<br />ASSIGNMENT OF RENTS
<br />THIS ASSIGNMENT OF RENTS dated October 15, 2025, is made and executed between
<br />MARSH PROPERTIES II, L.L.C.; A NEBRASKA LIMITED LIABILITY COMPANY (referred to below
<br />as "Grantor") and BRUNING BANK, whose address is 3032 WEST STOLLEY PARK ROAD/PO
<br />BOX 1109, GRAND ISLAND, NE 68802 (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 />Lots Two (2), Five (5), Six (6), Seven (7), Eight (8), Nine (9), Ten (10), Eleven (11), Twelve
<br />(12), Thirteen (13), Fourteen (14), Fifteen (15), Sixteen (16), Seventeen (17), Nineteen
<br />(19), Twenty (20), Twenty -Two (22), Twenty -Three (23) and Twenty -Four (24), Piper's
<br />Glen Subdivision, being a Subdivision of Lots Eight (8) and Nine (9), Warren Subdivision, in
<br />the City of Grand Island, Hall County, Nebraska.
<br />The Property or its address is commonly known as 204 PIPER ST #1-5, 7-8, 10-12 & 210
<br />PIPER ST #2, 5-12, GRAND ISLAND, NE 68801. The Property tax identification number is
<br />400077051, 400077094, 400077108, 400077116, 400077124, 400077132, 400077140,
<br />400077159, 400077167, 400077175, 400077183, 400077191, 400077205, 400077213,
<br />400077248, 400077256, 400077272, 400077280, 400077299.
<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; however, in no event shall such future advances (excluding interest) exceed
<br />in the aggregate $1,638,750.00.
<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 />No Further Transfer. Grantor will not sell, assign, encumber, or otherwise dispose of any of Grantor's rights in the
<br />Rents except as provided in this Assignment.
<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
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