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State of Nebraska Space Above This Line For Recording Data
<br />ASSIGNMENT OF LEASES AND RENTS 3�
<br />1. DATE AND PARTIES. The date of this Assignment of Leases and Rents (Assignment) is
<br />10.20.2006 . The parties and their addresses are:
<br />ASSIGNOR: SOUTHEAST CROSSINGS, LLC, A NEBRASKA LIMITED LIABILITY COMPANY
<br />811 FLEETWOOD ROAD
<br />GRAND ISLAND, NE 68803.3114
<br />® Refer to the Addendum that is attached and incorporated herein for additional Assignors.
<br />LENDER: FIRST STATE BANK
<br />ORGANIZED AND EXISTING UNDER THE LAWS OF THE STATE OF NEBRASKA
<br />914 LAKE AVENUE
<br />PO BOX 79 GOTHENBURG, NE 89138
<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 />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 />LOT 7 AND THE N 135 FEET OF LOT 8, MENARD SECOND SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />NEBRASKA ASSIGNMENT OF LEASES AND RENTS (NOT FOR FNMA, FHLMC, OR VA USE AND NOT FOR CONSUMER PUR ES) (page
<br />f5(156W 02001 Bankers Systems, Inc„ St. Cloud, MN ram ASMT- RENT -NE 51112002
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<br />State of Nebraska Space Above This Line For Recording Data
<br />ASSIGNMENT OF LEASES AND RENTS 3�
<br />1. DATE AND PARTIES. The date of this Assignment of Leases and Rents (Assignment) is
<br />10.20.2006 . The parties and their addresses are:
<br />ASSIGNOR: SOUTHEAST CROSSINGS, LLC, A NEBRASKA LIMITED LIABILITY COMPANY
<br />811 FLEETWOOD ROAD
<br />GRAND ISLAND, NE 68803.3114
<br />® Refer to the Addendum that is attached and incorporated herein for additional Assignors.
<br />LENDER: FIRST STATE BANK
<br />ORGANIZED AND EXISTING UNDER THE LAWS OF THE STATE OF NEBRASKA
<br />914 LAKE AVENUE
<br />PO BOX 79 GOTHENBURG, NE 89138
<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 />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 />LOT 7 AND THE N 135 FEET OF LOT 8, MENARD SECOND SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />NEBRASKA ASSIGNMENT OF LEASES AND RENTS (NOT FOR FNMA, FHLMC, OR VA USE AND NOT FOR CONSUMER PUR ES) (page
<br />f5(156W 02001 Bankers Systems, Inc„ St. Cloud, MN ram ASMT- RENT -NE 51112002
<br />4
<br />• 1
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