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ASSIGNMENT OF LEASES AND RENTS <br />1. DATE AND PARTIES. The date of this Assignment of Leases and Rents (Assignment) is <br />11.11 -2003 . The parties and their addresses are: <br />ASSIGNOR: James D. Hinrikus and Jennifer J. Hinrikus, HUSBAND AND WIFE <br />13251 S. 90th Road <br />Prosser, NE 68883 <br />508.84.6685 <br />® Refer to the Addendum that is attached and incorporated herein for additional Assignors. <br />LENDER: BANK OF DONIPHAN <br />2727 W 2ND <br />HASTINGS, NE 68901 <br />2. ASSIGNMENT OF LEASES AND RENTS. For good and valuable consideration, the receipt and sufficiency of which is <br />acknowledged, and to secure the Secured Debts and Assignor's performance under this Assignment, Assignor <br />irrevocably assigns, grants and conveys to Trustee, in trust for the benefit of Lender as additional security all the <br />right, title and interest in the following (all referred to as Property). <br />A. Existing or future leases, subleases, licenses, guaranties and any other written or verbal agreements for the use <br />and occupancy of the Property, including any extensions, renewals, modifications or replacements (all referred to <br />as Leases). <br />B. Rents, issues and profits (all referred to as Rents), including but not limited to security deposits, minimum rent, <br />percentage rent, additional rent, common area maintenance charges, parking charges, real estate taxes, other <br />applicable taxes, insurance premium contributions, liquidated damages following default, cancellation premiums, <br />"loss of rents" insurance, guest receipts, revenues, royalties, proceeds, bonuses, accounts, contract rights, general <br />intangibles, and all rights and claims which Assignor may have that in any way pertain to or are on account of the <br />use or occupancy of the whole or any part of the Property. <br />C. The term Property as used in this Assignment shall include the following described real property: <br />The Southwest Quarter (SW114) of Section Thirty -six (36), Township Nine (9) North, Range Eleven (11) West of the 6th P.M., Hall County, Nebraska <br />NEBRASKA ASSIGNMENT OF LEASES AND RENTS (NOT FOR FNMA, FHLMC, OR VA USE AND NOT FOR CONSUMER PURPOSES) <br />©2001 Bankers Systems, Inc., St. Cloud, MN Form ASMT- RENT -NE 2/25/2002 <br />• •, i . <br />(page 1 of 7) <br />M <br />C-3 W <br />om <br />r o <br />m <br />D <br />o cD <br />(7 <br />of <br />�. <br />< <br />�. <br />_ <br />o _` <br />o <br />-n <br />o <br />w vDi <br />CD <br />rn <br />° <br />( D <br />N <br />C <br />CD <br />.0 <br />Cn <br />Cn <br />z <br />O <br />State of Nebraska <br />Space Above <br />This Line For <br />Recording Data <br />ASSIGNMENT OF LEASES AND RENTS <br />1. DATE AND PARTIES. The date of this Assignment of Leases and Rents (Assignment) is <br />11.11 -2003 . The parties and their addresses are: <br />ASSIGNOR: James D. Hinrikus and Jennifer J. Hinrikus, HUSBAND AND WIFE <br />13251 S. 90th Road <br />Prosser, NE 68883 <br />508.84.6685 <br />® Refer to the Addendum that is attached and incorporated herein for additional Assignors. <br />LENDER: BANK OF DONIPHAN <br />2727 W 2ND <br />HASTINGS, NE 68901 <br />2. ASSIGNMENT OF LEASES AND RENTS. For good and valuable consideration, the receipt and sufficiency of which is <br />acknowledged, and to secure the Secured Debts and Assignor's performance under this Assignment, Assignor <br />irrevocably assigns, grants and conveys to Trustee, in trust for the benefit of Lender as additional security all the <br />right, title and interest in the following (all referred to as Property). <br />A. Existing or future leases, subleases, licenses, guaranties and any other written or verbal agreements for the use <br />and occupancy of the Property, including any extensions, renewals, modifications or replacements (all referred to <br />as Leases). <br />B. Rents, issues and profits (all referred to as Rents), including but not limited to security deposits, minimum rent, <br />percentage rent, additional rent, common area maintenance charges, parking charges, real estate taxes, other <br />applicable taxes, insurance premium contributions, liquidated damages following default, cancellation premiums, <br />"loss of rents" insurance, guest receipts, revenues, royalties, proceeds, bonuses, accounts, contract rights, general <br />intangibles, and all rights and claims which Assignor may have that in any way pertain to or are on account of the <br />use or occupancy of the whole or any part of the Property. <br />C. The term Property as used in this Assignment shall include the following described real property: <br />The Southwest Quarter (SW114) of Section Thirty -six (36), Township Nine (9) North, Range Eleven (11) West of the 6th P.M., Hall County, Nebraska <br />NEBRASKA ASSIGNMENT OF LEASES AND RENTS (NOT FOR FNMA, FHLMC, OR VA USE AND NOT FOR CONSUMER PURPOSES) <br />©2001 Bankers Systems, Inc., St. Cloud, MN Form ASMT- RENT -NE 2/25/2002 <br />• •, i . <br />(page 1 of 7) <br />