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<br />WHEN RECORDED MAIL TO:
<br />Minneapolis Loan Ops Center
<br />Ann: Collateral Processing - Rep III
<br />730 2 Ave. South Suita 1000
<br />MI I IN 554]9 FON RECORDER'S USE ONLY
<br />INN�INNNN�N�INNNNNN�N�N�NNN�NNN��N��
<br />00000000000000090
<br />ASSIGNMENT OF RENTS
<br />THIS ASSIGNMENT OF RENTS dated March 20, 2003, is made and executed between Paul J. Dietze and
<br />Patricia J. Dietze, husband and wife, whose address is 1825 West 12th Street, Hastings, NE 68901 (referred
<br />to below as "Grantor ") and Wells Fargo Bank Nebraska, National Association, whose address is 747 No.
<br />Burlington, Hastings, NE 68901 (referred to below as "Lender').
<br />ASSIGNMENT. For valuable consideration, Grantor hereby 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 />The West Half (W1/2) of Section Thirty Six (36), Township Nine (9) North, Range Ten (10) West of the 6th
<br />P.M., Hall County, Nebraska, excepting a certain tract deeded to The County of Hall, State of Nebraska,
<br />more particularly described in Quit Claim Deed recorded in Book 138, Page 335 and excepting a certain
<br />tract described as Lot One (1), Hockensmith Subdivision as shown in plat recorded as Document No.
<br />200213205.
<br />The Property or its address is commonly known as XXXX (Vacant Land), Hall County, NE 68832.
<br />THIS ASSIGNMENT IS GIVEN TO SECURE (1) PAYMENT OF THE INDEBTEDNESS AND (2) PERFORMANCE OF ANY AND ALL
<br />OBLIGATIONS OF GRANTOR UNDER THE NOTE, THIS ASSIGNMENT, AND THE RELATED DOCUMENTS. THIS ASSIGNMENT IS GIVEN
<br />AND ACCEPTED ON THE FOLLOWING TERMS:
<br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Assignment or any Related Documents, Grantor shall pay to Lender
<br />all amounts secured by this Assignment as they become due, and shall strictly perform all of Grantor's obligations under this Assignment.
<br />Unless and until Lender exercises its right to collect the Rents as provided below and so long as there is no default under this Assignment,
<br />Grantor may remain in possession and control of and operate and manage the Property and collect the Rents, provided that the granting of
<br />the right to collect the Rents shall not constitute Lender's consent to the use of cash collateral in a bankruptcy proceeding.
<br />GRANTOR'S REPRESENTATIONS AND WARRANTIES. Grantor warrants that:
<br />Ownership. Grantor is entitled to receive the Rents free and clear of all rights, loans, liens, encumbrances, and claims except as
<br />disclosed to and accepted by Lender in writing.
<br />Right to Assign. Grantor has the full right, power and authority to enter into this Assignment and to assign and convey the Rents to
<br />Lender.
<br />No Prior Assignment. Grantor has not previously assigned or conveyed the Rents to any other person by any instrument now in force.
<br />No Further Transfer. Grantor will not sell, assign, encumber, or otherwise dispose of any of Grantor's rights in the Rents except as
<br />provided in this Assignment.
<br />LENDER'S RIGHT TO RECEIVE AND COLLECT RENTS. Lender shall have the right at any time, and even though no default shall have
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<br />WHEN RECORDED MAIL TO:
<br />Minneapolis Loan Ops Center
<br />Ann: Collateral Processing - Rep III
<br />730 2 Ave. South Suita 1000
<br />MI I IN 554]9 FON RECORDER'S USE ONLY
<br />INN�INNNN�N�INNNNNN�N�N�NNN�NNN��N��
<br />00000000000000090
<br />ASSIGNMENT OF RENTS
<br />THIS ASSIGNMENT OF RENTS dated March 20, 2003, is made and executed between Paul J. Dietze and
<br />Patricia J. Dietze, husband and wife, whose address is 1825 West 12th Street, Hastings, NE 68901 (referred
<br />to below as "Grantor ") and Wells Fargo Bank Nebraska, National Association, whose address is 747 No.
<br />Burlington, Hastings, NE 68901 (referred to below as "Lender').
<br />ASSIGNMENT. For valuable consideration, Grantor hereby 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 />The West Half (W1/2) of Section Thirty Six (36), Township Nine (9) North, Range Ten (10) West of the 6th
<br />P.M., Hall County, Nebraska, excepting a certain tract deeded to The County of Hall, State of Nebraska,
<br />more particularly described in Quit Claim Deed recorded in Book 138, Page 335 and excepting a certain
<br />tract described as Lot One (1), Hockensmith Subdivision as shown in plat recorded as Document No.
<br />200213205.
<br />The Property or its address is commonly known as XXXX (Vacant Land), Hall County, NE 68832.
<br />THIS ASSIGNMENT IS GIVEN TO SECURE (1) PAYMENT OF THE INDEBTEDNESS AND (2) PERFORMANCE OF ANY AND ALL
<br />OBLIGATIONS OF GRANTOR UNDER THE NOTE, THIS ASSIGNMENT, AND THE RELATED DOCUMENTS. THIS ASSIGNMENT IS GIVEN
<br />AND ACCEPTED ON THE FOLLOWING TERMS:
<br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Assignment or any Related Documents, Grantor shall pay to Lender
<br />all amounts secured by this Assignment as they become due, and shall strictly perform all of Grantor's obligations under this Assignment.
<br />Unless and until Lender exercises its right to collect the Rents as provided below and so long as there is no default under this Assignment,
<br />Grantor may remain in possession and control of and operate and manage the Property and collect the Rents, provided that the granting of
<br />the right to collect the Rents shall not constitute Lender's consent to the use of cash collateral in a bankruptcy proceeding.
<br />GRANTOR'S REPRESENTATIONS AND WARRANTIES. Grantor warrants that:
<br />Ownership. Grantor is entitled to receive the Rents free and clear of all rights, loans, liens, encumbrances, and claims except as
<br />disclosed to and accepted by Lender in writing.
<br />Right to Assign. Grantor has the full right, power and authority to enter into this Assignment and to assign and convey the Rents to
<br />Lender.
<br />No Prior Assignment. Grantor has not previously assigned or conveyed the Rents to any other person by any instrument now in force.
<br />No Further Transfer. Grantor will not sell, assign, encumber, or otherwise dispose of any of Grantor's rights in the Rents except as
<br />provided in this Assignment.
<br />LENDER'S RIGHT TO RECEIVE AND COLLECT RENTS. Lender shall have the right at any time, and even though no default shall have
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