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<br /> �j ASSIQNIWENT OF L�ASE�AND REI�STS `.,. -
<br />_ � ,� � . 94- sox�.s :,��. _,�� --
<br /> ._.�,-
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<br /> w•.�:�.Y3%'f� `.:-..,
<br /> March 94 --
<br /> � . THI8 A381aNMHNT,made this e�h day ot 19_____.� :.:.N�_��,:;;�:_.�
<br /> A " Garry L. Edcrardeon and Cyr►th�.a �T. �dwardson, husband and wife ,� y ���`_
<br /> by ' °
<br /> �� 3115 East Seedling Mile � GranB islaa6, NE 68801 . `!����"
<br /> . „ .
<br /> " residing at or having an o�ice at • � - �
<br /> „ �• � •_
<br /> � (herein catled"Assignor"),to F����r 8ank,Nationai Assoaiatlon,Omaha,Nebraska having „ ., ' � --
<br /> � � ' (ts principal office at Omaha.Nebraska(herein cailed"Assignee"), , _�
<br /> , .
<br /> .. WITNESSETH: .
<br /> � � �� FOR VALUE RECEIVED,Assignor hereby arants,transiers and assigna to the Assig�►ee ail of the�igh�tlde and ' . _
<br /> , , interestofAssignorinandtoanyandaltlessesandothertenanciesnoworhereattermadeonorwithrespecttothArealestate
<br /> " locat�d in xa11 county, Nebraska and more particularly described ,
<br /> In ScheduteA hereot,whiah real estate ahall be referredto herefnafteras"Prem(ses",inctuding,butnot iimited W thatcenafn '
<br /> Lease or those certain Leases,w(th modiflcadons,if any,described in Schedule B hereof,coverfng the Promi.�te.a;toaether wlth � . �
<br /> - � ' (1)any and afi extenaiona or rei►�wals thareot,(2)aay and 31!guarsntee�of the l.esee'g ohligattans under any tfiereof end ... _. _ __
<br /> under any and alt extensions or renewais of any thereof,and(3j all r�nta,iasues,proflts,revenuea,deposits,earnest money ., _
<br /> paymenta,rights and benefita now or 1�ereaiter arising irom suah iease and tenanciea or for the use and occupancy of the �
<br /> ..� with an a�nd ail guarantees.meodificariona eutensf�onsea d renew'alsthe eof shal8l be somet mes here(nafteP�ete red to asthe ~ .
<br /> „Lease�'o�"Leases": ,'
<br /> FOR THE PURP03E OF SECURINC3: . �`'^
<br /> I -
<br /> � ONE Paymeht and pertormance of each and every debt,{fability and obiigation of everytype and descriptlon � �. ;±;�
<br /> f ignor ! :•-����
<br /> which Assi nor may now or anytime hereaiter owe to Assignee,including,bat not Iimited to,the indeb edness of ,
<br /> aaeurecii�ygthat ceRain mastgaga ar dssd a!lrus!ma�e t�y th�A�nor to the Assignee dated 3'$ ,19 9 , ; .. _ _
<br /> and recorded orto be recorded at or prforto the recording of thisAssignment,orany other moRgageor deed of trust hereatter �
<br /> covaring the whote or any paR of the Premises,(whether such debt,liabllity,or obligatlon now existaor is hereaitercreated or ;. ,
<br /> incurred and whether it ia a�may be direct or indirect,due or to become due,absotute or contingent,primary or seconda�. I � ,
<br /> Iiquidated or unliquidated, or jofnt,severai, or joint and severai, aIi such debte, Ilabilities and obtigations being here n s± I
<br /> collecUvely refe�red to sometimes as the"Obligations'�;and , '
<br /> T1N0: Pertorrnance and discharge of each and every obtigetfon, Covennni n�if3 8$f66i��oid o? �bar.a: �; '----—��
<br /> contained herein or in any such mortgage or deed of trust or any note or bond secured thereby,or in eny obligation or any ^ �i�
<br /> securing document glven i�cannecUon with any ot the Obtigatfons secured hereby. -� �
<br /> ; A. TO PROTECT THE SECURiTY OF THIS ASSIGNMENT ASSICiNOR At3REES,WITH RESPECT TO EACH �
<br /> LEASE: ���'.
<br /> 1. To faithfuliy abide by,pertorm and discharge each and every obligation,covenant and agreement oi the Lease
<br /> by Lessor to be peAormed,to give prompt notice to the Assignee of any notice oi detault on the pa►t otAssfgnor with respect to
<br /> the Lease received from Lessee or guarantor,together with an accurateand complete copy of any such notice;atthe sote cost
<br /> 1 and oxpense of Assfgnor, to entorce or secure tha pertormance ot each and every obligatlon,covenant condlUon and
<br /> agreementot the Lease by the Lessee to be pertormed;not to modiy or In any way altertheterma of the Lease;notto terminate
<br /> the term of the Lease and not to accept a surrender of the rents thereunder or to waive,excuse,condone or in any manner
<br /> release or discharge the I.esaee thereunder from the obligations,covenants,conditiona and agreementa by the Lessee to be
<br /> performed,inctuding the obllgation to pay the�ental catied for thereunde�in the manner and at the place and time specifled
<br /> therein,and Assignor does by these presents expressly retease,relinquish and surrender unto the Assignee all Assigno�'s
<br /> rEght,power and authoriry to modity or in any way after the termsor provisions of the Lease,or toterminate theterm oraccept a
<br /> surrender thereot,and any attempt on the part of the Assignor to exercise eny such right without the written authoriry and
<br /> consent of the Asaignee thereto being tirst had and obtained shali constitute a Oefault of the terms hereof,as deflned
<br /> herefnatter,entftiing the Assignee to declare alt sums secured hereby immediately due and payable.
<br /> 2. At Assignor's sole cast and expense to appear in and detend any action or proceeding arising under,g�owing
<br /> out of or in any manner connected with the Lease or the obtigations,dutfes or Ifabilities of Lessor,Lessee or guarantor
<br /> thereundor,and to pay a��costs and expenses of the Assignee,mcluding attorney's tees in a reasonable sum,in any such
<br /> ' action or proceeding in which the Assignee may appear.
<br /> 3. That should Assignor fail to make any payment or to do any act as herein provided,then the Assignee,but
<br /> without obtigatfon so to do and witho�t notice to or demand on Assignor,and without releasing Assignor irom any obligation
<br /> � hereof,may make or do the same in such manner and to such extent as the Assignee may deem necessary to proteCt the
<br /> security hereof,including specificaliy,without limiting its general powe�s,the right to appear in and defend any a�tion or
<br /> � proceeding purporting to atfect the security hereot or the rights or powers of the Assignee,and aiso the right but not the duty to
<br /> perform and discharge each and every obUgation, covenant and agreement of Lessor fn the Lease contained; and in
<br /> _ ___._,____.._.._..__..._�....,..........,,..ee.....,.e�e o.,,�oY�nnaa Amntov counset and fneur and DaY reasonab�e attorney's
<br /> , � exatc��u�ya��yau���F,v..a.o.���.��.....,.,...�........._.._-••�-• ---• - . .
<br /> fees.
<br /> � 4. To pay immedfately upon demand alt sums expended by the Assignee under the authority hereof,together with
<br /> , � interest thereon at the highest rate set torth in any of the ObHgatlons secured hereby,and the same shail be added to the
<br /> � : ;,
<br /> Obligallona and shali be secured hereby and by the satd mortgage or deed ot trust.
<br /> 5. That Assignor will not transfer or convey to the Lessee the fee title to the demised Premises,or any part thereai,
<br /> • unless the Lessee assumes in writing and agrees to pay the debt secured hereby in accordance with the terms,covenants and
<br /> conditfons of the said note or bond secured by safd mortgage or deed of trust.
<br /> y 1
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