86106923 - Laserfiche WebLink

Browse

86-- 106923 ASSIGNMENT OF LEASES AND RENTS THIS ASSIGNMENT, need, this 22nd day of October to 86 by Eugene G. Weinrich and Clarice Weinrich, husband & wife resicling at or having an oftice Wood River, Nebraska (h+rsin called " ,i, fGsTf�r BsMr, Netlorul /ittwcNflotc, Omaha, Nebraska having its principal effim st Omaha. NAnuka (hersin'eallsd "Assign.*'). FOR VALUE andintsnstofAssignor and �togannand,all Io nand hetenanciesnow hen made on all oftheto heteal reapect to the real mob {eeatad its Hall County, Nebraska and more particularly doonibed in Sehodale A hereof which red estate @hall be referred to hereinafter as "Premises ",indudin& but not limited to that certain Leaseer thusecertain Loereo, with modiffeatiows .ifany.dosambrdinSchedule 8 beeaof amonngthePromiaos toptherwrith, (1) any and all embmioeo or renewals thersoC (2) any and all guarantees of the Iweaoo'a obligations under my thereof and under my and all enbadsn or renewals of say thereof, and (3) all rents, mosses, profits, mvsna.*, deposits, earnest money p wmenb. rim and beos6fs now at hereafter arising from such bass and tenancies or for the use and owspeney of the Premises, and my and all extensions and renewals thereof. Said losses and tenancies or other use 3f the Promises together with any and all gmarmbes, sodil esdams, exter Toms, and renewals thereof shall besometimsr heninaftw referred to as the " fie" or "Isaom"; FOR THE PI7RPO6E OF SECURING: ONE: Payment mad performance stanch and eery dobt, liability and obligation of every type and description which Assignor may now or m wd m hereafter owe to Assggme% including, but not limited to, t1 o of Ma r seemed by that aerI is mortgae or And of trot made by the Assignor to the =— OW tober 2 19a-- and recorded or to be meoeio I storyeier tothe reooeding oftbim Asignmont. or any other maetgmp or dead of trmet hereafter covering : w� part of tles Promises. (whottwr each debt. liability, or obligation now esimb mrio hoealtercemtod or may, be director indirect, due or to become doe, absolute or coatinpnt, primary or secondary, liquidated a r mnliquidetod, or joint, several, or joint and several, all such debts. liabilities and obligations being herein collec- Uvwy roterraa to sometimes s the "Obligations "k and TWO: Perfinmanoe and discharge of each and everyobligation, covenantmd agreementofAssignercontained herein or is any sorb mortgage or deed of trust or any note or bond second thereby. or in any obligation or any securing dotnsent given in comewbom with any of the Obligations secured hereby. A. TO PROTECT THE SECURITY OF THIS ASSIGNMENT ASSIGNOR AGREES. WITH RESPECT TO EACH IJ ABE: 1. To faithfully abide by. perform and discharge each and every obligation, covenant and agreement of the Lsoe by Leaser to be performed. to give prompt notice to the Assianse of any notice of default on the partofAssignor with rospea to the Las.* received from Iwesse or guarantor, together with as accurate and complete copy of any such aot ce; at the sole poet sadeq er e(Aa igew tesuf oroeor cmethoperfocmanceofeschandevoryobl igation,covenant, condition and spearmint of the Losses by the Lmm* to be performed; not to modify aria anyway alter the term of the losses; motto teeminatethe term of the lAm a and motto sompt a surrerndrr of the rents thereunder or to waive, excuse. condone win any mummer release or dis- charge the Lessee thereaodur fins the obligations, conveys mte, conditions and agreements by the tmese to be performed. including the obligation to pay the rental called for thereunder is the manner and at the place and time specified therein, and Assignor dose by these preaeaSo espesely roles.*, ruli nquiah and sarrender ante theAsigos all Assignor's right, power and authority to modify or in my way alter ths terms or provisions ofthe Loses. orto terminate the term or accept assrremdwthere. of, and my attempt on the part of the Assignor to excerciee any each right without the written authority and consent of the Assigns thereto being first had and obtained shall constiate a Default of the teems hereof, as defined hereinafter, entitling the Amigos to declare ail ouas se— 'hereby immediately der and payable. I At Assiguor's sole cost and expense to appear in and defend any action or proceeding arising under, growing out of or is any mummer conneded with the Leasaortheobligatioms,duties or liabilities ofl m oor.Iwseesorguarantorthereunder. and to pay all costa and expenses of the Asignek including attorney's fesein a reasonable sum, in any each actionor proceed. ing b wriddr the Assignee may appear. & That should Assignor fail to mats any payment or to do any act as herein provided, then the Asesignes, but without obligation so to do and without notice to or demand an Assignor, and without releasing Assignor from any obligation hereof; may makeerdotbownsim each memmerandto ezientastheAsssgnse may doom neoewmryto protect thesecurity n beef es induding specifically. without Unit its general pewees, the right to appear im and defend any action or proceeding pnrpoeting to oiled the security hereof or the rights or powers of the Assignee, and also the right but not the duty to perform sad dime each and every obligation. covenant and agreement of Lessor in the tosser contained; and in exercising any arch powers M pay mammary assts and eapsmook employ eoum est and incur and pay reasonable attorney's hes. e. To pay immediately upon demand all eama expanded by the Assignee under the authority hereof, together with interest thereem at the highest rate set forth in any of the Obligations secured hereby. and the same shall be added to the Obli- gaboas and shall be seemed busby and by the said mortgage or dead of truer. 5. That Assignor will not transfer or convey to the Leases the fee tick to the demiaad Premises, or any part thereof, unless the Lame seeamse in writing and across to pay the debt owered hereby in accordance with the terms, convenants and oomdi,domm of the said note or bond secured by said mortgage or deed of trust. c.cmfan wait