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<br />.."',~ ................, <br /> <br />200609796 <br /> <br />4. Upon default in the payment of any sum due in respect to the indebtedness <br />secured hereby or in the performance of the requirements of any instrument of security which <br />may secure such indebtedness, Assignee may give immediate notice ofthis Assignment to the <br />Tenant under such Lease and shall, from and after the date of such notice, be authorized to <br />receive and collect all such rents as may thereafter accrue and be due and payable to Assignor <br />under the terms thereof. <br /> <br />5. Assignor represents and warrants to Assignee that the assigned Real Estate <br />Lease and rents therein provided has not been previously transferred or encumbered. <br /> <br />6. Assignor will not, without the prior written consent of Assignee, agree to or <br />consent to or permit any amendment, modification, termination, assignment of or subletting <br />under the Real Estate Lcase herein assigned as security. <br /> <br />7. All control and dominion over the rights and remedies of Assignor as Owner <br />set forth in the Real Estate Lease hereby assigned as security are transferred to Assignee, <br />except that Assignee may in writing specifically authorize Assignor to act with respect <br />thereto. <br /> <br />8. Assignor will keep and perform all the obligations to be performed on the <br />Part of the Owner under the terms of the Real Estate Lease herein assigned as security and <br />will save Assignee harmless from any failure to do so, it being specifically under- <br />Stood that notwithstanding this Assignment or any notice thereof: Assignee shall not be <br />obligated to perform any of the obligations on the part of Assignor arising under such Real <br />Estate Lease. <br /> <br />IN WITNESS WHEREOF, Assignor has executed this Collateral Assignment of Lease <br />on this 25th day of October, 2006. <br /> <br />U~dCOmpany <br /> <br /> <br />Anthony J. Seitz, <br /> <br /> <br />STATE OF NEBRASKA) <br />(ss: <br />COUNTY OF HALL ) <br /> <br />The foregoing Collateral Assignment of Lease was acknowledged before me this 25th day of <br />October, 2006 by Anthony J. Seitz, President of Sundance Feed & Seed Company. <br /> <br /> <br />d:)1J /J- <br /> <br />Notary Public <br /> <br /> GENERAL NOTARY. State of Nebraska <br />j STEVEN D. KUNZMAN <br />-::;7.1., . ':',;:- My Carom. Exp. March 1, 2010 <br /> <br />:> <br /> <br />"".~"<._\;'''''l:, <br /> <br />Page 2 of2 <br />