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<br />aHALL COUNTY NE
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<br />WHEN RECORDED MAIL TO:
<br />PINNACLE BANK
<br />AURORA MAIN OFFICE
<br />1234 L ST
<br />PO BOX 229
<br />AURORA, NE 68818
<br />LNST 1015 0 b 1 3 6 2015 OCT I P 3. 3y
<br />ASSIGNMENT OF RENTS
<br />KRISTi WOLD
<br />REGISTER OF DEEDS
<br />FOR RECORDER'S USE ONLY
<br />00
<br />C/U
<br />THIS ASSIGNMENT OF RENTS dated October 30, 2025, is made and executed between J & J
<br />NEWLINE PROPERTIES LLC, a Nebraska Limited Liability Company, whose address is 1576 E
<br />PRAIRIE RD, GRAND ISLAND, NE 68801 (referred to below as "Grantor") and PINNACLE
<br />BANK, whose address is 1234 L ST, PO BOX 229, AURORA, NE 68818 (referred to below as
<br />"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 />A tract of land comprising a part of the North Half of the Southwest Quarter (N1/2SW1/4)
<br />of Section Four (4), Township Nine (9) North, Range Eleven (11) West of the 6th P.M., Hall
<br />County, Nebraska, and more particularly described as follows:
<br />Beginning at the southwest corner of said North Half of the Southwest Quarter
<br />(N1/2SW1/4); thence running northerly, along and upon the west line of said North Half of
<br />the Southwest Quarter (N1/2SW1/4) a distance of Five Hundred One and Sixty Seven
<br />Hundredths (501.67) Feet; thence deflecting right 89°27'28" and running easterly, a
<br />distance of Four Hundred Twelve and Sixty Eight Hundredths (412.68) Feet; thence
<br />deflecting right 90°28'48" and running southerly, a distance of Four Hundred Three and
<br />Forty Six Hundredths (403.46) Feet; thence deflecting left 89°43'52" and running easterly,
<br />a distance of Two Thousand Two Hundred Twenty Eight and Forty Seven Hundredths
<br />(2,228.47) Feet to a point on the east line of said North Half of the Southwest Quarter
<br />(N1/2SW1/4); thence deflecting right 89°47'09" and running southerly, along and upon the
<br />east line of said North Half of the Southwest Quarter (N1/2SW1/4), a distance of One
<br />Hundred Six and Forty Six Hundredths (106.46) Feet to the southeast corner of said North
<br />Half of the Southwest Quarter (N1/2SW1/4); thence deflecting right 90°16'34" and running
<br />westerly, along and upon the south line of said North Half of the Southwest Quarter
<br />(N1/2SW1/4), a distance of Two Thousand Six Hundred Forty One and Six Tenths
<br />(2,641.60) Feet to the point of beginning.
<br />The Property or its address is commonly known as 10713 S BURWICK RD, WOOD RIVER, NE
<br />68883.
<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 />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 />LENDER'S RIGHT TO RECEIVE AND COLLECT RENTS. Lender shall have the right at any time, and even though no
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