Laserfiche WebLink
99 106362 <br /> 12. Borrower warrants and represents that Borrower shall not further pledge, transfer, mortgage or otherwise encumber or assign any of <br /> . said �ases, rents, issues and profits; shall not waive, excuse, discount, set-off, compromise, cancel, terminate, surrender, or in any manner <br /> release or discharge lessees of or from, any obligations, covenants, conditions and agreements of lessees under said leases (including the <br /> � obligation to pay the rents under said leases) nor modify, or in any way alter the terms of said leases; shall not renew or extend the terms of <br /> said leases unless an option therefore was originally so reversed; shall not accept any payment of rent for more than one month in advance <br /> of its due date; shall not consent to any subletting of any part of the Real Property and/or Personai Property, or to any assignment of leases <br /> by the lessee thereunder or to any assignment or further subletting of any sublease, without the prior written consent of the Lender. <br /> 13. Any breach of or default in any of Borrower's obligations, covenants, representations or warranties herein shall also constitute a <br /> default under any and all notes, mortgages, deeds of trust, security agreements and any other documents and instruments executed by <br /> Borrower in favor or for the benefit of Lender. <br /> 14. Upon the payment of all sums owing now and in the future by Borrower to Lender and upon written request by Borrower, this <br /> Assignment, except for paragraph 7 hereof, shall terminate and all the right, title, estate and interest of the Lender in and to the Real Property <br /> and Personal Property shall revert to Borrower. <br /> 15. Except for any notice required under applicable law to be given in another manner, any notice provided under this Assignment shall <br /> be given by mailing such notice by certified mail addressed to the other parties, at the address set forth above. Any such notice shall be <br /> effective upon mailing in the manner designated herein. If Borrower is more than one person and/or entity, notice sent to the address set <br /> forth above shall be notice to all such persons and/or entitles. <br /> 16. This Assignment shall be binding upon, and inure to the benefit of, the respective successors and assigns of Borrower and Lender <br /> and all future and subsequent owners of all or any portion of said Real Property and Personal Property. <br /> 17. This Assignment shall be governed by the laws of the State of Nebraska. <br /> IN WITNESS WHEREOF, Borrower has executed this Assignment as of the date written above. <br /> The Overland National Bank of Grand Island, Lender <br /> �" <br /> a . Conroy <br /> T�tie: Vice President <br /> BOfOWBf Rudolf t <br /> r� <br /> rr•' �. .�� � /� <br /> i � � �� <br /> B�«�W Jeanni e . Plate <br /> � �_ � <br /> TI . PLA E � <br /> Ft 1395.LMG (6/98) Page 3 of 4 <br /> I <br />