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200604049 4. Upon default in the payment of any sum due in respect to the indebtedness secured hereby or in the performance of the requirements of any instrument of security which may secure such indebtedness, Assignee may give immediate notice of this Assignment to the Tenant under such Lease and shall, from and after the date of such notice, be authorized to receive and collect all such rents as may thereafter accrue and be due and payable to Assignor under the terms thereof. 5. Assignor represents and warrants to Assignee that the assigned Real Estate Lease and rents therein provided has not been previously transferred or encumbered. 6. Assignor will not, without the prior written consent of Assignee, agree to or consent to or permit any amendment, modification, termination, assignment of or subletting under the Real Estate Lease herein assigned as security. 7. All control and dominion over the rights and remedies of Assignor as Owner set forth in the Real Estate Lease hereby assigned as security are transferred to Assignee, except that Assignee may in writing specifically authorize Assignor to act with respect thereto. 8. Assignor will keep and perform all the obligations to be performed on the Part of the Owner under the terms of the Real Estate Lease herein assigned as security and will save Assignee harmless from any failure to do so, it being specifically under- Stood that notwithstanding this Assignment or any notice thereof, Assignee shall not be obligated to perform any of the obligations on the part of Assignor arising under such Real Estate Lease. IN WITNESS WHEREOF, Assignor has ex on this 4th day of May,2006 Assignment of Lease .< ~ Gary . ovlain ~~) !J Lm . Shovlain JJW1~~ STATE OF NEBRASKA) (ss: COUNTY OF HALL ) The foregoing Collateral Assignment of Lease was acknowledged before me this 4th day of May, 2006 by Gary E. Shovlain and Linda D. Shovlain ENEAAL NOTARY. State 01 Nebra$Ka G JON A HEATH My Comm. Exp. JaR. 9. 2007 Page 2 on