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200610015
<br />00000000000000090
<br />ASSIGNMENT OF RENTS
<br />THIS ASSIGNMENT OF RENTS dated January 31, 2003, is made and executed: between. Toby S. Mohler and
<br />Stephanie D. Mohler, husband and wife, whose address is 4104 Driftwood Driwe, Grand Island, NE 68803
<br />(referred to below as "Grantor ") and Wells Fargo Bank Nebraska, National Association, whose address is 304
<br />W 3rd St. Grand Island, NE 68801 (referred to below as "Lender ").
<br />ASSIGNMENT. For valuable consideration, Grantor hereby assigns, grants a continuing security interest in, and
<br />conveys to Lender all of Grantor's right, title, and interest in and to the Rents' from the following described
<br />Property located in Hall County, State of Nebraska:
<br />Parcel #1
<br />Lot Nine (9), in Block Twelve (12), Boggs and Hill's Addition to the City of Grand Island, Hall County,
<br />Nebraska
<br />Parcel #2
<br />Lot Three (3), Block Ten (10), Bonnie Brae Addition to the City of Grand Island, Hall County, Nebraska
<br />Parcel #3
<br />Lot Fifteen (15), in Westwood Park Sixth Subdivision, in the City of Grand Island, Hall County, Nebraska
<br />The Property or its address is commonly known as 1834 West 10th Street, Grand Island, NE 68803, 1615
<br />West 4th Street and 4162 Faidley Avenue, Grand Island, NE 68803. The Property tax identification number is
<br />400021552,400022583 and 400406047
<br />THIS ASSIGNMENT 1S GIVEN TO SECURE (1) PAYMENT OF THE INDEBTEDNESS AND (2) PERFORMANCE OF ANY AND ALL
<br />OBLIGATIONS OF GRANTOR UNDER THE NOTE, THIS ASSIGNMENT, AND THE RELATED DOCUMENTS. THIS ASSIGNMENT IS GIVEN
<br />AND ACCEPTED ON THE FOLLOWING TERMS:
<br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Assignment or any Related Documents, Grantor shall pay to Lender
<br />all amounts secured by this Assignment as they become due, and shall strictly perform all of Grantor's obligations under this Assignment.
<br />Unless and until Lender exercises its right to collect the Rents as provided below and so long as there is no default under this Assignment,
<br />Grantor may remain in possession and control of and operate and manage the Property and collect the Rents, provided that the granting of
<br />the right to collect the Rents shall not constitl ^ _ ' ' :. , , 'in a bankruptcy proceeding. -1 tillill K111111 a 11111111111 wi mi
<br />U34668580- 03MW02
<br />SATISFACTION /ASG
<br />US Rec©rdinge
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<br />RECORDED MAIL TO:
<br />Minneapolis Loan Ops Center
<br />Attn: Collateral Processing - Rep III
<br />2 0 0 3 0131 G
<br />O
<br />730 2nd Ave. South Suite 1000
<br />Minneapolis, MN 55479
<br />FOR RECORDER'S.
<br />USE ONLY
<br />00000000000000090
<br />ASSIGNMENT OF RENTS
<br />THIS ASSIGNMENT OF RENTS dated January 31, 2003, is made and executed: between. Toby S. Mohler and
<br />Stephanie D. Mohler, husband and wife, whose address is 4104 Driftwood Driwe, Grand Island, NE 68803
<br />(referred to below as "Grantor ") and Wells Fargo Bank Nebraska, National Association, whose address is 304
<br />W 3rd St. Grand Island, NE 68801 (referred to below as "Lender ").
<br />ASSIGNMENT. For valuable consideration, Grantor hereby assigns, grants a continuing security interest in, and
<br />conveys to Lender all of Grantor's right, title, and interest in and to the Rents' from the following described
<br />Property located in Hall County, State of Nebraska:
<br />Parcel #1
<br />Lot Nine (9), in Block Twelve (12), Boggs and Hill's Addition to the City of Grand Island, Hall County,
<br />Nebraska
<br />Parcel #2
<br />Lot Three (3), Block Ten (10), Bonnie Brae Addition to the City of Grand Island, Hall County, Nebraska
<br />Parcel #3
<br />Lot Fifteen (15), in Westwood Park Sixth Subdivision, in the City of Grand Island, Hall County, Nebraska
<br />The Property or its address is commonly known as 1834 West 10th Street, Grand Island, NE 68803, 1615
<br />West 4th Street and 4162 Faidley Avenue, Grand Island, NE 68803. The Property tax identification number is
<br />400021552,400022583 and 400406047
<br />THIS ASSIGNMENT 1S GIVEN TO SECURE (1) PAYMENT OF THE INDEBTEDNESS AND (2) PERFORMANCE OF ANY AND ALL
<br />OBLIGATIONS OF GRANTOR UNDER THE NOTE, THIS ASSIGNMENT, AND THE RELATED DOCUMENTS. THIS ASSIGNMENT IS GIVEN
<br />AND ACCEPTED ON THE FOLLOWING TERMS:
<br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Assignment or any Related Documents, Grantor shall pay to Lender
<br />all amounts secured by this Assignment as they become due, and shall strictly perform all of Grantor's obligations under this Assignment.
<br />Unless and until Lender exercises its right to collect the Rents as provided below and so long as there is no default under this Assignment,
<br />Grantor may remain in possession and control of and operate and manage the Property and collect the Rents, provided that the granting of
<br />the right to collect the Rents shall not constitl ^ _ ' ' :. , , 'in a bankruptcy proceeding. -1 tillill K111111 a 11111111111 wi mi
<br />U34668580- 03MW02
<br />SATISFACTION /ASG
<br />US Rec©rdinge
<br />
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