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<br />CONOITIONAL ASSIGNMENT OF LEASE <br />KNm~ ALL MEN BY THESE PRESENTS: <br /> <br />88_105877 <br /> <br />That in considaration of tha sum of Twanty Thousand and no/l00 ------------- <br />Oollars, wa heraby sall, assign and transfer unto the Tha Equitable <br />Building and Loan Association of Grand Island, Nebraska, all our right, title. <br />and interest in and to a certain Laasa Agraament entared into on October 1st <br />19 83 between Kuester Lake, Inc., Lessor, and Fredarick J. Stubbendick, <br />and Wilma M. Stubbendick Lassees , <br />pertaining to the following described premises: <br /> <br />A tract of land in the East ~ of the Southwest Quarter of the Southwest Quarter <br />(S~Ill) of Sect-ion Thirteen (13), Township Eleven (11) North, Range Nine (9) West <br />of the 6th P.M., Hall County, Nebraske, baing more particularly described as <br />follows: <br /> <br />With reference to the ~ortheast corner of said E~, SW'.-:l, thence running on an <br />assumed bearing of N 0 00" 00" W a distance of 69.30 feet; thence running <br />Southerly bearing S 040 5B' 30" E a distance of 41B. 60 feet to the actual point <br />of beginning!, thence running S 130 49' 17" E a distance of BB. 40 feet thence <br />running S 77 42' 01" W a distance of BB.B3 fee~; thence running N 160 06" 13" <br />W a distance of 75.15 feet; thence running N 69 22' 34" W a distance of 92.45 <br />feet to the actual point of baginning, also referred to as Lot 14 and the N~ of <br />Lot 15, having a lake front frontage of 75 feet, and situated on the East side <br />of the East portion of Kuaster Lake, and being on a part of the E'1SW'" , Section <br />13, Township 11 North, Range 9, in Hall County, Nebraska. <br /> <br />This assignmant is given to sacure the paymant of a Note in tha sum of <br />$20,000.00 of avan date harewith, which note is payabla $214.92 <br />par month. includin9 interest at 10.0 per annum. computed upon the unpaid <br />principal balanca for lBO months. <br /> <br />This agreamant shall be binding upon the partias hareto and respective per- <br />sonal representatives. devisBs, legatees I heirs-at-law and assigns. <br /> <br />Dated this <br /> <br />24th <br /> <br />day of October <br /> <br />19~. <br /> <br /> <br />.-/~ j/ / i <br />'~::- 1:/7/_~/'/i'~/b~,K- <br /> <br />STATE OF NEBRASKA <br />COUNTY OF HALL <br /> <br />SS <br /> <br />On this 24th day of OctobV' ' 19 ...llR...-' before me, the un- <br />.dersigned. a notary pubhc w~th~n and for said county, parsonally came <br />Frederick J. Stubbendick and Wilma M. Stubbendick ' <br />husband and wifa ,known to me and known to me to be the identical persons <br />whose name sara affixed to the forgoing Assignment, and thay acknowledged <br />their execution thereof to ba their voluntary act and deed. <br /> <br />--> <br />i" <br /> <br />L <br /> <br />Witness my hand and notarial seal the date last above written. My notarial <br />commission expiras September 1, 19B9 <br /> <br /> <br />~,~~ <br /> <br />J:1IIIIII.1mII''''1I111n11ll <br />Mn" .uzuy <br />.,e... fJJ. I. 19111 <br />