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<br /> � which DQ�d of Truat was roaordad in the Rsal 3��ats Revords of.
<br /> Hall County on th� 30th day of �►uqust 1991 as Doawa�nt Ho. 91-
<br /> = 105796. 1►ssiqnor hns furthor aseignod, sot ovor and trainsforr�d
<br /> — --- unto As�iqnoo alI af �t� riqht, titlo and intqroet in roap�ct to
<br /> �,. tha�t cer�ain �Toto dated ]luguat 29, Iy91 made by Quality CarQ o�
<br /> ..�� ---- -- arnnd Island, Inc. and payable to Aseiqnor in thc original prin-
<br /> � Cipal amount of Two Hundrod Tho»r+�nd and No/100 Dollars
<br /> �,�,��r:�,� ($200,000.00) and hezeby makea delivary of this 1lseiqmaent and
<br /> -- the original inetruments consistinq of the Deed of Trust, Promie-
<br /> �� sory Note and any quaranty ia roapect to thQ Promieaory Note
<br /> ��� herein identified.
<br /> .��..�o��.
<br /> ---���_;�,--:�-,{ - -
<br /> ��,�,:._._�� This Assiqnment is qivon as security for the indebtQdnees of
<br /> Ernest J. Thayer, Janice M. Thayer or Assiqnor mantioned hereim-
<br /> ; , aibove and as security for such other swae as may be advanaed i�a
<br /> _��.�.:�,,�� accordance with �he terme of the aforementioned Construction Li.n�
<br /> -'"`'- ------ of Credit Draw Note executed by Ernest 1. Thayar and Janice M.
<br /> " ���;� ,''� Thayer and this Aesiqn�aent. In the event such indebtednase,
<br /> � �� �� ' future advances, interest and such other terme ae may be advanaed --
<br /> ' ' ' ` in accardance with the terms of the aforementioned Construction
<br />-, �;'LL�x;,c;�:,�:�,�r;:-'.
<br /> d����� Line of Credit Draw Note executed by Ernest J. Thayer and Jauiiae
<br /> �• ' � � •�. , . M. Thayer and this Assiynment are well and truly paid in accor-- —
<br /> �'�'�"''�°����` "�" danae with the terme therein contained, then this Aseiqnment
<br /> �:��.�� shalZ be void, otherwise to remain in full force and effect.
<br /> .:,�... .,
<br /> .; ��; .
<br /> '� ��r�� "� • Assignor specifically aqrees to notify Assiqnee in the event
<br /> • .aa'.
<br />- :� ��.�.•� '` that the indebtedness owinq to Aesignor from Quality Care of
<br /> . �r « ���, Grand Island, Inc. shall be prepaid or in any way modified.
<br /> ?,�;�.�;�;��;;;��s�,�: Assignee further shall be permitted to periodically verify the
<br /> -- ---�• . ' balances yet due from Quality Care of Grand Island, inc. nz suau
<br /> .;'a " intervals ae it may in its sole discretion determine.
<br /> � At any time after default has bsen declared by Assignee,
<br /> .: ' � Assignee may cause notice to be served upon the Trustor in the s='=;
<br /> . ,., aforedescribsd Deed of Trust, directinq that all future payments `��
<br /> ' to be made by such Trustor be made directly to Aseiqnee for
<br /> •': ' . Assignee�s benefit, and such payments thereafter received by
<br /> " � . Assignee sha'l1 he applied against any then existinq indebtednees j�_
<br /> �� owed by Ernest J. Thayer, Janice M. Thayer or Assignor to ,�. _.
<br />.�y' _ _ ... Assignee. Should Trustor default in the performance of the te�as �°-'
<br /> � . of such Note and Deed of Trust hereby assigned as security, i•�
<br /> Assiqnee may proceed to enforce whatsoever remedies may be avail- �---
<br /> • � �. � able directly against Quality Care of Grand Island, Inc., its -=
<br /> „ � guarantors or the real estate described in the Deed of Trus� ��
<br /> hereby assigned. -
<br />_�,. ,� It is the intention and agreement of Assignor that this �
<br /> �, . °�• �. . Assignment shall also secure any future advanaes made to �;.�-
<br /> �:t; � ' Ernest J. Thayer, Janice M. Thayer or Assignor by Assignee and �-
<br /> � b �,, . any and all indebtedness in addition to the amount stated above a�•::
<br /> �`: which said Ernest J. Thayer, Jan3ce M. Thayer or Assiqnor may owe ; -�
<br /> #`� ����."' •- to said Assiqnee, however evidenced, whether by note, book, `"''
<br />-`� � °�: � " account or otherwise. The undersigned also agree that this �'�--��
<br /> c° ,•.
<br /> • Assiqnment shall secure all costs, charges and expenses reason- �::"'�:
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