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<br />WHEN RECORDED MAIL TO:
<br />Five Points Bank
<br />"Your Hometown Bank"
<br />2015 N. Broadwell
<br />P.O. Box 1507
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<br />ASSIGNMENT OF RENTS l`
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<br />THIS ASSIGNMENT OF RENTS dated March 8, 2004, is made and executed between Ray M Poehler, a
<br />married person and LINDA L POEHLER, his wife (referred to below as "Grantor ") and Five Points Bank, whose
<br />address is 2015 N. Broadwell, P.O. Box 1507, Grand Island, NE 68802 -1507 (referred to below as "Lender ").
<br />ASSIGNMENT. For valuable consideration, Grantor hereby assigns, grants a continuing security interest in, and
<br />conveys to Lender all of Grantor's right, title, and interest in and to the Rents from the following described
<br />Property located in Hall County, State of Nebraska:
<br />AN UNDIVIDED TWO- THIRD'S INTEREST IN THE NORTHEAST QUARTER (NE1 /4) OF SECTION
<br />TWENTY -NINE (29), TOWNSHIP TWELVE (12) NORTH, RANGE ELEVEN (11), WEST OF THE 6TH P.M., IN
<br />HALL COUNTY,NEBRASKA, LESS THE FOLLOWING DESCRIBED REAL ESTATE; COMMENCING AT THE
<br />NORTH QUARTER CORNER OF SAID SECTION, THENCE EAST ON SECTION LINE A DISTANCE OF 759.0
<br />FEET TO A POINT ON SECTION LINE WHICH IS THE ACTUAL POINT OF BEGINNING. FROM THIS POINT,
<br />SOUTHERLY, AT AN ANGLE OF 90 DEGREES 00' TO THE RIGHT FROM THE SECTION LINE A DISTANCE
<br />OF 438.0 FEET, THENCE EASTERLY AT AN ANGLE OF 90 DEGREES 00' TO THE LEFT A DISTANCE OF
<br />596.7 FEET, THENCE NORTHERLY AT AN ANGLE OF 90 DEGREES 00' TO THE LEFT A DISTANCE OF
<br />438.0 FEET THENCE WEST ON SECTION LINE TO THE POINT OF BEGINNING A DISTANCE OF 596.7
<br />FEET,
<br />The Property or its address is commonly known as Cairo, NE 68824 -9754.
<br />CROSS- COLLATERALIZATION. In addition to the Note, this Assignment secures all obligations, debts and liabilities, plus interest thereon,
<br />of Grantor to Lender, or any one or more of them, as well as all claims by Lender against Grantor or any one or more of them, whether
<br />now existing or hereafter arising, whether related or unrelated to the purpose of the Note, whether voluntary or otherwise, whether due or
<br />not due, direct or indirect, determined or undetermined, absolute or contingent, liquidated or unliquidated whether Grantor may be liable
<br />individually or jointly with others, whether obligated as guarantor, surety, accommodation party or otherwise, and whether recovery upon
<br />such amounts may be or hereafter may became 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 AND ALL
<br />OBLIGATIONS OF GRANTOR UNDER THE NOTE, THIS ASSIGNMENT, AND THE RELATED DOCUMENTS. THIS ASSIGNMENT IS GIVEN
<br />AND ACCEPTED ON THE FOLLOWING TERMS:
<br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Assignment or any Related Documents, Grantor shall pay to Lender
<br />all amounts secured by this Assignment as they become due, and shall strictly perform all of Grantor's obligations under this Assignment.
<br />Unless and until Lender exercises its right to collect the Rents as provided below and so long as there is no default under this Assignment,
<br />Grantor may remain in possession and control of and operate and manage the Property and collect the Rents, provided that the granting of
<br />the right to collect the Rents shall 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 claims except as
<br />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 convey the Rents to
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