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<br /> �JIVa.�
<br /> � ASSIGNAAENT OF L�A�SES AND REWT� �=��,,F�' : --= � --
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<br /> � :�r'.� , r2aron 19 9a �_.��
<br /> � • TH18 AS310NMENT,made this ?:�th day of � `"�`` '
<br /> — ; ,.kt'--
<br /> `� � � b Larson Construation, =na. �'`�
<br /> �+ ' „. y '_
<br /> ' ,,° �� 3205 East 9eedling Mile Grand Island, NE 68801 r -
<br /> �� ., residing at or havlrtg an afflce at � ��_�
<br /> " " (herein cailed"Aasigrto�"),to Fir�Tier Bank.Natlonai Associatlon,Omaha,Nebraeka having --
<br /> " ita princlpat office at Omaha.Nebraska(herein called"Asaignee"), .,-
<br /> . . ., �-_
<br /> , � WITNE33kTH: �:_ _
<br /> " FOR VALUE RECEIVED,Assignor hereby grants,transters and assigns to the Asaignee all of the rieht,tlde and �°
<br /> /; interest of/�sslgno�U and to any and all leases and other tenanaies now or hereafter made on or with respecttothe reat estate �
<br /> ��_�
<br /> � located in Hall County, Nebraska and more par�cuiarty described " -
<br /> � � in ScheduleA hereof,which�esxi estate shall be reter�ed tohereinatteras"I'remises".including,but notlimitedto that ceRaln _
<br /> � �' LeaseorthosecertainL.�ases,withmodifloadonsJtany.describedin3cheduleBhereof,coveringthePremtses;t etherwith ° �`=
<br /> ., _.------ ,,... - $ ' _
<br /> ,� underya y and alextenslons or r ewals o eny tjhereof,and(3)ell enta,lssuea.pr ota,s eve�nues,deposita,ea nea�ney , - _
<br /> payments,righta end benefits now or hereatter arising trom such tease and tenancfes or tor the use and occupancy ot the ` -
<br /> Premises,and any and all extensfons and renewals thereof.Said Ieases and tenancies or other use of the Premises together � ';
<br /> with an�rand a11 guarantees,modifications,e x tens fons,a n d r e n e w a l s t h e r e o f s h a l l b a s o m e U m e s h e r e i n a t t er r e f er�ed to as the
<br /> ,•Lease'or"Leases": -
<br /> � • , -:��
<br /> �
<br /> ., FOR THE PURP03E OF SECURINti: '' �
<br /> ONE: Payment and peAormance of each end every debt,Ifebiiity and obligatfon of every typo and descrlption • _
<br /> which Assl nor may now or anytime hereatte�owe to Assignee,inciuding,but not limited to,the indeb�edneas of Assidnor • ;�--.
<br /> secured bygthat certain mortgage or deed of t►ust made by the Aasognor to the Assignee dated 3-z5 ,�g �4 , -.'':�
<br /> ant!sscordsd otto be���r�Ad etor Qrior totherecordingof this Asaignment,or anyother mongage or dead oflrust hereatter
<br /> ' covering thawholeoranypanofthePremises,(whethersuchdeb�tiabitiry,orobtigation�owexisisorishere�fi���re�tetfor -- -
<br /> incurred and virhether it Is or may be direct or indirect,due or to become due,ebsotute or contingent,�rimary or secondary, � � •.
<br /> iiquidated or untiquidated,or joint,several, or Joint and severai, all such debts,IiabiliUes and obl gadons being herern ,. � �
<br /> � cotlecdvety referred to some�mes as the"Obtigations'�;end � . � �
<br /> TWO: Performance and discharge of each and every obligation, covenant and agreement of Assignor � ,
<br /> contained herein or in any such morton9wi h en�of he Obl�ir a ons secured herseby red thereby,or In any obligaUon or any :. �I �
<br /> securing dxumentgiven in connect y 9 �` �
<br /> , .
<br /> . A TO PROTECT THE SECURITY OF THIS ASSI(3NMENT ASSI(3NOR A(3REES,WITH RESPECT TO EACH �`
<br /> LEASE:
<br /> _ '.���
<br /> � 1. To faithiuily abide by,pertorm and discharge each end eve�obligadon,covenant and ag�eement of the Lease - ����'
<br /> by lessorto be performed,to give prompt noticeto theAssignee of any not ce ot defaulton the part of Assignorwith respectto ' " �.
<br /> theLeasereceived(romLesseROrguarantor.togetherwithanaccurateandcompleteCOpyofanysuchnodce;atMesolecost ;':
<br /> and expense uf Assignor,to enforce or secure the perf�m�8nce of each and every obli�atlon,covenant,condidon and .:
<br /> agreement of the Lease by the Lessee to be pertormed;not to modity or In any way alterthe terms of the Lease;not to termi�ate --
<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 /> retease or discharge the Lessee thereunder trom the obtigatlons,covenants,conditiona and agreements by the Lessee to be �,
<br /> performed,inciuding tP�e obfigation to pay the rental catled tor thereunder in the manner and at the place and time apeciHed �
<br /> therein,and Assignor does by these presents expressly reiease,retinquish and surrender unto the As9lgnee alt Assfgnors �
<br /> right,powerand authoriry tn modify or tn any wayaltertheterms or provisions ot the Lease,orto terminatethe term oraccepta
<br /> aur�ender thereof,and any attempt on the part of the�►ssignor to exercise any such right without the written authoriry and
<br /> consent of the Assignee thereto being tlrst had and obtalned shall constitute a Defauit of the terms hereof.as deiined
<br /> hereinatter,entiUing the Assignee to deciare all sums secured hereby immediateiy due and payabie. •
<br /> 2. At Assigno�'s so�e cost end expense to appear in and detend any actfon or proceeding arising under.growing
<br /> out of or in any manner connected with the Lease or the obtigations,duties or tiabi�ities of Lessor, lessee or guarantor
<br /> thereunder,and to pay ail costs and expenses oi the Assignee,�nctuding attorney's tees in a reasonabie sum,in any such
<br /> � action or procdading in which the Assignee may appear.
<br /> ' 3 That should Assignor tail to make any payment or to do any act as herein provided,then the Assignee,but
<br /> without obifgation so to do and without�otice to o�demand on Assignor,and without releasing Assignor from any obllgation
<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,inc�uding specificaity,without Iimiting its generai powers,the right to appear in and detend any acdon or
<br /> proceedingpurportingtoaffecttheaecunryhereof ortherightsorpowersottheAssignee,andalsotherightbutnotthedutyto
<br /> peAorm and discharge each and every ob�Igation,covenant and agreement of Lessor fn the Lease contained:and in
<br /> � exercfsfng any such powers to pay necessary costs andexpenses,employ counsei and incur and pay reasonable ottome�s
<br /> .�
<br /> _ � .,.,....
<br /> � ; 4. To pay immediately upon demand al l sumsexpended by the Assignea under the authority hereof,together with
<br /> interest thereon at the highest rate set fo�th in any ot the Obiigations secured hereby,and the sarne shalt be added to the
<br /> • { Obiigatlons and shatt be secured hereby and by the sald mortgage or deed of trust
<br /> ' � 5. Thet Assignor wili not transfQr or co�vey tothe Lessee the fee title to the demtsed Premises,o�any paR the�eot.
<br /> untess the Lesseeassumes in writing and agrees to pay the debt secured hereby in accordance with the ternns.covenanb and
<br /> conditions of the seid note or bond secured by said mortgage or deed of trust
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