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<br />88- 106021. <br /> <br />CONDITIONAL ASSIGNMENT OF LEASE AS ADDITIONAL SECURITY <br /> <br />Electrical Contractors, Inc., A Corporation, Assignors, do <br /> <br />hereby assign to the FIVE POINTS BANK, of Grand Island, <br /> <br />Nebraska, as additional security for payment of a loan made <br /> <br />to Aseignors by Assignee in the amount of $20,000.00 the <br /> <br />Lease dated March 1, 1975 for the following described <br /> <br />premises: <br /> <br />The South Half (S~) of Lot Fifteen (15), and All of <br />Lot Sixteen (16), having a lake front footage of 70 <br />feet, situated on the East side of the East portion <br />of Kuester Lake and being located on a part of the <br />East Half of the Southwest Quarter (E~SW~) in Section <br />Thirteen (13), Township Eleven (11) North, Range Nine <br />(9) West of the 6th P.M., Hall County, Nebraska, as <br />shown on a plat of said property in the possession <br />of Kuester Lake, Inc., Lessor, under a Lease dated <br />March 1, 1975, and known as No. 38, Kuester Lake, <br />Grand Island, Nebraska, <br /> <br />It is understood that if the Assignors.pay said indebtedness <br /> <br />of $20,000.00, with interest and according to the provisions <br /> <br />of the 80nd and Financing Statement given by them to the <br /> <br />Assignee, that this Conditional Assignment of said Lease <br /> <br />will thereafter be null and void and of no further force or <br /> <br />effect. <br /> <br />DATED this ~ day of ~~ <br /> <br />, 19a <br /> <br /> <br />Personally <br /> <br />STATE OF NEBRASKA <br /> <br />SS. <br /> <br />COUNTY OF HALL <br /> <br />Before me, a Notary Public qualified in said county, <br />personally came Electrical Contractors, Inc., A corporation, <br />as Assignor, and who is known to me to be the identical <br />Corporation whose name is so affixed to the foregoing <br />Condi tional Assignment of Lease and has ackl,owledged their <br />execution thereof to be their voluntary act and deed for the <br />purposes therein set forth. <br /> <br />~ ' <br />I <br /> <br />Witness <br />'written. <br /> <br />my hand and notarial seal th:J:tIitIAl~...,. <br />My Notarial Commission expires: ..mrL~ . <br />IIY llIaI. -. . <br /><-:'~"l:-,";~::>C~.Q 0. ~~ <br />Notary Public <br />