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<br /> State of Nebraska      Space Above This Line For Recording Data
<br />
<br />
<br />
<br />ASSIGNMENT OF LEASES AND RENTS
<br />
<br />1. DATE AND PARTIES. The date of this Assignment of Leases and Rents (Assignment) is
<br />12.23.2005 . The parties and their addresses are:
<br />ASSIGNOR: Jerry Codner
<br />5531 S 90th Rd
<br />Wood River, NE 68883
<br />
<br />o Refer to the Addendum that is attached and incorporated herein for additional Assignors.
<br />LENDER: Heritage Bank
<br />Organized and existing under the laws of the state of Nebraska
<br />110 East 9th Street
<br />P.O. Box 487 Wood River, NE 68883
<br />
<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 Lender as additional security all the right, title and interest in the following
<br />(all referred to as Property),
<br />
<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 />
<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 />
<br />C, The term Property as used in this Assignment shall include the following described real property:
<br />The Northeast Quarter of the Southwest Quarter INE 1/4 SW 1/41, in Section Thirteen (13), Township Ten (10) North, Range
<br />Eleven (111, West of the 6th P.M. in Hall County, Nebraska.
<br />
<br />NEBRASKA ASSIGNMENT OF LEASES AND RENTS (NOT FOR FNMA, FHLMC, OR VA USE AND NOT FOR CONSUMER PURPOSES)
<br />
<br />~M (()2001 Bank... Systems, Inc., St. Cloud, MN Form ASMTRENT-NE 5/1/2002
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<br />(page 1 of 7)
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