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The Property or Its address is commonly known as 524 White Avenue: 1822 W 10th; 317 White Avenue; 384 <br />N ;Broadwell: 314 N Boggs, Grand Island, NE 68803. The Property tax Identification number is 400069075; <br />400021587 ;400070065;400070014:400069806 <br />THIS ASSIGNMENT IS GIVEN TO SECURE 111 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 shell 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 Lander 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 'a consent to the use of cash collateral In a bankruptcy proceeding. <br />.'- <br />200209947 m <br />0 <br />n <br />Nr <br />l <br />U <br />y� <br />WHEN RECORDED MAIL <br />o <br />Center <br />Minneapolis Center <br />Attn: Collateral Processing - Pep III <br />edP ... <br />730 Ave. 1000 <br />Minneapolis, " ' MN , " 4]9 55 FOP PELORDER'S USE ONLY <br />irg <br />o0 <br />ASSIGNMENT OF RENTS <br />THIS ASSIGNMENT OF RENTS dated September 18, 2002, is made and executed between Toby S. Mohler and <br />Stephanie D. Mohler, husband and wife, whose address is 4104 Driftwood Drive, Grand Island, NE 68803 <br />(referred to below rs "Grantor ") and Wells Fargo Bank Nebraska, National Association, whose address is 304 <br />W 3rd St, Grand Island, NE 68801 (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 />524 White Avenue <br />LOT 5 AND NORTH 28 FEET LOT 4, BLOCK 7, PACKER & BARB'S ADDITION TO THE CITY OF GRAND <br />ISLAND, HALL COUNTY, NEBRASKA. <br />1822 W 10th <br />LOT 12, IN BLOCK 12, OF BOGGS AND HILL'S ADDITION TO THE CITY OF GRAND ISLAND, HALL <br />COUNTY, NEBRASKA. <br />317 White Avenue <br />LOT 7, BLOCK 16, PACKER AND BARR'S ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, <br />NEBRASKA, <br />384 N Broadwell <br />LOT 2, BLOCK 16, PACKER AND BARR'S ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, <br />NEBRASKA. <br />314 N Boggs <br />LOT 3, BLOCK 14, PACKER AND BARR'S ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, <br />NEBRASKA. <br />The Property or Its address is commonly known as 524 White Avenue: 1822 W 10th; 317 White Avenue; 384 <br />N ;Broadwell: 314 N Boggs, Grand Island, NE 68803. The Property tax Identification number is 400069075; <br />400021587 ;400070065;400070014:400069806 <br />THIS ASSIGNMENT IS GIVEN TO SECURE 111 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 shell 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 Lander 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 'a consent to the use of cash collateral In a bankruptcy proceeding. <br />