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<br /> RECORDATION REQUESTED BY:
<br /> GREAT WESTERN BANK
<br /> PO BOX 4070
<br /> OMAHA,NE 68104-0070
<br /> WHEN RECORDED MAIL TO: `�
<br /> GREAT WESTERN BANK c,:y
<br /> PO BOX 4070 ` �
<br /> OMAHA,NE 68104-0070 � ���
<br /> \
<br /> SEND TAX NOTICES T0:
<br /> GREAT WESTERN BANK
<br /> PO BOX 4070
<br /> OMAHA,NE 68104-0070
<br /> SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY
<br /> ASSIGNMENT OF RENTS
<br /> THIS ASSIGNMENT OF RENTS IS DATED DECEMBER 13, 1999, between MILLENNIUM MANAGEMENT GROUP,
<br /> whose address is 2920 FARNAM STREET, OMAHA, NE 68131 (referred to below as "Grantor"); and GREAT
<br /> WESTERN BANK, whose address is PO BOX 4070, OMAHA, NE 68104-0070 (referred to below as "Lender").
<br /> ASSIGNMENT. For valuable consideration, Grantor 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 /> LOT FIVE (5), IN BLOCK EIGHTEEN (18), IN ARNOLD AND ABBOTT'S ADDITION TO THE CITY OF
<br /> GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br /> The Real Property or its address is commonly known as 1020 WEST 2ND, GRAND ISLAND, NE 68801. The Real
<br /> Property tax identification number is 4000009609.
<br /> DEFINITIONS. The following words shall have the following meanings when used in this Assignment. Terms not otherwise defined in this
<br /> Assignment shall have the meanings attributed to such terms in the Uniform Commercial Code. All references to dollar amounts shall mean amounts
<br /> in lawful money of the United States of America.
<br /> Assignment. The word "Assignment" means this Assignment of Rents between Grantor and Lender, and includes without limitation all
<br /> assignments and security interest provisions relating to the Rents.
<br /> Event of Default. The words"Event of Default"mean and include without limitation any of the Events of Default set forth below in the section
<br /> titled"Events of Default"
<br /> Grantor. The word"Grantor"means MILLENNIUM MANAGEMENT GROUP.
<br /> Indebtedness. The word"Indebtedness"means all principal and interest payable under the Note and any amounts expended or advanced by
<br /> Lender to discharge obligations of Grantor or expenses incurred by Lender to enforce obligations of Grantor under this Assignment, together
<br /> with interest on such amounts as provided in this Assignment. In addition to the Note,the word"Indebtedness"includes all obligations,debts
<br /> and liabilities, plus interest thereon, of Grantor to Lender, or any one or more of them,as well as all claims by Lender against Grantor, or any
<br /> one or more of them,whether now existing or hereafter arising, whether related or unrelated to the purpose of the Note, whether voluntary or
<br /> otherwise,whether due or not due,absolute or contingent, liquidated or unliquidated and whether Grantor may be liable individually or jointly
<br /> with others, whether obligated as guarantor or otherwise, and whether recovery upon such Indebtedness may be or hereafter may become
<br /> barred by any statute of limitations,and whether such Indebtedness may be or hereafter may become otherwise unenforceable.
<br /> Lender. The word"Lender"means GREAT WESTERN BANK,its successors and assigns.
<br /> Note. The word"Note" means the promissory note or credit agreement dated December 13, 1999, in the original principal amount
<br /> Of $111,200.00 from Grantor to Lender,together with all renewals of,extensions of, modifications of, refinancings of,consolidations of,and
<br /> substitutions for the promissory note or agreement.
<br /> Property. The word"Property"means the real property,and all improvements thereon,described above in the"AssignmenY'section.
<br /> Real Property. The words"Real Property"mean the property,interests and rights described above in the"Property Definition"section.
<br /> Related Documents. The words "Related Documents" mean and include without limitation all promissory notes, credit agreements, loan
<br /> agreements,environmental agreements,guaranties,security agreements, mortgages,deeds of trust,and all other instruments,agreements and
<br /> documents,whether now or hereafter existing,executed in connection with the Indebtedness.
<br /> Rents. The word "Rents" means all rents, revenues, income, issues, profits and proceeds from the Property, whether due now or later,
<br /> including without limitation all Rents from all leases described on any exhibit attached to this Assignment.
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