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<br />88~ 102815 <br /> <br />CONDITIONAL ASSIGNMENT OF LEASE AS ADDITIONAL SECURITY <br /> <br />Duane C. Burney and Beverly J. Burney. husband and wife. <br /> <br />, Assignors, do hereby assign to The <br />FIVE POINTS BANK, of Grand ISland, Nebraska, <br /> <br />as additional security for payment of a loan maoe to Assignors <br />by Assignee in the amount of $35,000.00 <br /> <br />the Lease dated <br /> <br />May 20, 1988 <br /> <br />for the following <br /> <br />described premises: <br /> <br />Lot Five (5), having a lake front footage of 50 feet, situated on <br />the East side of the East portion of Kueeter Lake and being a part <br />of the East Half of the Southwest Quarter in Section I), Township <br />11 North, Range 9, in Hall County, Nebraska I bounded on the <br />Northerly side by the common roadl such lot is as shown on a <br />plat in the possession of the Lessorl <br /> <br />It is understood that if the Assignors pay said indebtedness of <br /> <br />$35,000.00 <br /> <br />J with interest and according to the <br /> <br />provisions of the Bond and Financing Statement given by them to <br />the Assignee, that this Conditional Assignment of said Lease <br />will thereafter be null and void and of no further force or <br /> <br />effect. <br /> <br />DATED this 20th day of <br /> <br />May <br /> <br />, 1988 <br /> <br />/\ <br />sa,..~", a </1..'-7' <br />Duane C. Burney <br />, "" <br /> <br />. ,c ,.0 !..-LA..L-" <br /> <br /> <br />STATE OF NEBRASKA ) <br />COUNTY OF HALL <br /> <br />ss. <br /> <br />) <br /> <br />Before me, a Notary Public qualified in said county, personally <br />came Duane c. Burney and Beverly J.-aurney. husband and wife. <br />as Assi~nors , and who are known to me to be <br />the identical persons whose names are so affix~d to the foregoing <br />Conditional Assignment of Lease and they acknowledged their <br />execution thereof to be their voluntary act and deed for the <br />purposes therein set forth. <br /> <br />Witness my hand and notarial seal the date last above written. <br />Ny Notarial Commission ~xpires: 'Z.. -~ - cr '7.- <br /> <br />~(#k/[e.~e'{t~ <br />Notary Pu C' <br /> <br />.J:_11.......... <br />...c..... <br />...... ......... <br />