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<br />ASSIGNMENT OF RENTS
<br />Loan No: 795514652 (Continued) 200213770 Pag06
<br />WAIVER OF HOMESTEAD EXEMPTION. Grantor hereby releases and waives all rights and benefits of the homestead exemption laws of
<br />the Stele of Nebraska as to all Indebtedness secured by this Assignment.
<br />DEFINITIONS. The following capitelizetl word. and terms shall have the fallowing meanings when used in this Assignment. Unless
<br />specifically stated to the contrary, all references to dollar amounts shall mean amounts in lawful money of the United States of America.
<br />Words and terms used in the singular shall include the plural, and the plural shall include the singular, as the context may require. Words
<br />and terms not otherwise defined in this Assignment shall have the meanings attributed to such terms in the Uniform Commercial Code:
<br />Assignment. The word "Assignment" means this Assignment of Rents, as this Assignment of Rants may be amended or modified
<br />from time to time, together with all exhibits and schedules attached to this Assignment of Rents from time to time.
<br />Borrower. The word "Borrower" means Timothy C. Plate.
<br />Default. The word "Default" means the Default at forth in this Assignment In the section titled "Default ".
<br />Event of Default. The word. *Event of Default' mean any of the events of default set forth in this Assignment in the default section
<br />of this Assignment.
<br />Grantor. The ward "Grantor" means Timothy C. Plate.
<br />Guaranty. The word "Guaranty" means the guaranty from guarantor, endorser, surety, or accommodation party to Lender, including
<br />without limitation a guaranty of all or part of the Note.
<br />Indebtedness. The word "Indebtedness" means all principal, interest, and other amounts, costs and expenses payable under the Note
<br />or Related Documents, together with all renewals of, extensions of, modifications of, consolidations of and substitutions for the Note
<br />or Related Documents and any amounts expended or advanced by Lender to discharge Grantor's obligations or expenses incurred by
<br />Lander to enforce Grantor's obligations under this Assignment, together with interest on such amounts as provided in this
<br />Assignment.
<br />Lander. The word "Lender" means Wells Fargo Bank Nebraska, National Association, its successors and assigns.
<br />Note. The word "Note" means the promissory note dated December 5, 2002, in the original principal amount of
<br />$45,423.89 from Grantor to Lender, together with all renewals of, extensions of, modifications of, refinancings of, consolidations
<br />of, and substitutions for the promissory note or agreement.
<br />Property. The word "Property" means all of Grantor's right, title and interest in and to all the Property as described in the
<br />"Assignment" section of this Assignment.
<br />Related Documents. The words "Related Documents" mean all promissory notes, credit agreements, loan agreements, environmental
<br />agreements, guaranties, security agreements, mortgages, deeds of trust security deeds, collateral mortgages, and all other
<br />instruments, agreements and documents, whether now or hereafter existing, executed in connection with the Indebtedness.
<br />Rams. The word "Rents" means all of Grantor's present and future rights, title and interest in, to and under any and all present and
<br />future leases, including, without limitation, all rents, revenue, income, issues, royalties, bonuses, accounts receivable, cash or security
<br />deposits, advance rentals, profits and proceeds from the Property, and other payments and benefits darived or to he derived from such
<br />leases of every kind and nature, whether due now or later, including without limitation Grantor's right to enforce such leases and to
<br />receive and collect payment and proceeds thereunder.
<br />THE UNDERSIGNED ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS ASSIGNMENT. THIS DOCUMENT 15 EXECUTED
<br />ON DECEMBER 5, 2002.
<br />GRANTOR: /
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