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. m n <br /> T <br /> _ � � _ � '...J <br /> m � p x � O --i � � <br /> (") � � r-'� � D p N <br /> 7C rn � --- � rn �p �-�p <br /> � `" -�G � C]. <br /> ^ ( �c.o.,� N O -� C.D � <br /> Wi �� T� ,,,r � � Z F"a N <br /> `��� n�'�� � � f'Tl � <br /> � fj D CO 1—� � <br /> ;�i a � r ;a <br /> � ;'� � r,' t�-+ � <br /> ,, C�, � � N � <br /> 99 111269 `� �n "� �' � <br /> m � c,p � <br /> � COLLATERAL ASSIGNMENT OF LEASE <br /> FOR AND IN CONSIDERATION of the sum of ONE HUNDRED THOUSAND AND NO/100 C� <br /> Dollars($100,000.00)loaned or to be loaned to the undersigned,MARCO INVESTMENTS � <br /> LIMITED PAR'I'NERSHIP, hereinafter referred to as"Assignor", do hereby sell, assign and transfer ° <br /> unto HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND,hereinafter �� <br /> referred to as "Assignee", all of Assignor's right,title and interest in and to a Lease for Real Property <br /> dated �T c5 f- 4 � wherein, TRI-CITY SIGN COMPANY, A NEBRASKA <br /> CORPORATION ls <br /> identified as the Tenant in respect to a portion of tha.t real estate legally described as: <br /> LOTS FIVE(5), SIX(6), SEVEN(7)AND EIGHT (8), BLOCK THIRTY-EIGHT(38) <br /> ORIGINAL TOWN,NOW CITY OF GRAND ISLAND, HALL COUNTY,NEBRAKSA. <br /> SAID ASSIGNMENT BY THE UNDERSIGNED ASSIGNOR IS MADE SUBJECT <br /> TO THE FOLLOWING TERMS AND CONDITIONS: <br /> 1. This Assignment is given to secure the payment of the indebtedness described <br /> above and as security of such other sums as may be hereafter advanced by Assignee to, or for <br /> the benefit of,Assignor; provided, however,that in the event all indebtedness owing from <br /> Assignor to Assignee is well and truly paid,then this Assignment shall be void, otherwise to <br /> remain in full force and effect. <br /> 2. It is the intention and agreement of Assignor that this Assignment shall also <br /> secure any future advances made to Assignor by Assignee and any and all indebtedness in <br /> addition to the amount stated above which said Assignor may owe to said Assignee, however <br /> evidenced, whether by note,book, account or otherwise. The undersigned also agrees that <br /> this assigngment shall secure all costs, charges and expenses reasonably incurred or paid by <br /> Assignee, including reasonable attorney fees,because of the failure of the undersigned to <br /> comply with the terms of the Notes evidencing such indebtedness or this Assignment. <br /> 3. So long as Assignor shall note be in default of the payments due to Assignee <br /> in respect to indebtedness owing or in the performance of the requirements of any instrument <br /> of security which may secure such indebtedness,Assignor shall be entitled to collect and <br /> retain for his benefit all rents, from time to time accruing and received in respect to the Real <br /> Estate Lease herein assigned as security. <br /> 4. Upon default in the payment of any sum due in respect to the indebtedness <br /> Page 1 of 2 <br />