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<br />CONDITIONAL ASSIGNMENT OF LEASE AS ADDITIONAL SECURITY
<br />200708376
<br />
<br />Larry K Frost and Vicky L Frost, Husband and Wife, as joint tenants, ASSIGNORS, does
<br />hereby assign to HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF
<br />GRAND ISLAND, NEBRASKA, ASSIGNEE, as additional security for payment of a
<br />loan made to Assignors by Assignee in the amount of $130,500.00 the Lease dated,
<br />September 28, 2007 ,wherein KUESTER kA~ INC)s the Lessor and the
<br />Assignors are the Lessees, such Lease commenced ~ rif&.1, 2 0 0 7 , and
<br />terminated Sept :,,30. 'Co' 2 0 4 2 ,pertaining to the following-described premises:
<br />
<br />Lot One (1), having a lakefront footage of Two Hundred Forty (240) feet situated on the
<br />East side of the West portion of Kuester Lake and being a part ofthe East Half of the
<br />Southwest Quarter (E1I2 SWl/4) in Section Thirteen (13), Township Eleven (11) North,
<br />Range Nine (9), West of the 6th P.M., Hall County, Nebraska, commonly known as
<br />Kuester Lake #56, Hall County, Nebraska.
<br />
<br />It is understood that if the Assignors pay said indebtedness of$130,500.00 with interest
<br />and according to the provisions ofthe Financing Statement given to them by the
<br />Assignee, that this Conditional Assignment of Lease will thereafter be null and void and
<br />of no further force or effect.
<br />
<br />DATED: September 28, 2007
<br />
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<br />
<br />L1:lrry K Frost
<br />
<br />!/d% ,;/.', -!~
<br />Vicky L rost
<br />
<br />STATE OF NEBRASKA
<br />COUNTY OF HALL
<br />Before me, a Notary Public qualified in said County, personally came Larry K
<br />Frost and Vicky L Frost, Husband and Wife, as joint tenants, Assignors and who are
<br />known to me to be the identical persons whose name is so affixed to the foregoing
<br />Conditional Assignment of Lease, and they acknowledged their execution thereof to be
<br />their voluntary act and deed for the purposes therein stated.
<br />
<br />WITNESS my hand and Notarial Seal the date last above written. My Notarial
<br />Commission expires: ,;;2. - 1'1-.;2009' "
<br />
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<br />
<br />~ ~ GENERAL NOTARY. stale of Nebraska --J ./Jm;!d~ .A"~. ~~'
<br />~I DEBORAH L. TROSPER Notary Public
<br />My Comm. Exp. Feb. 14, 2009
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