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R.O. VII, 3L (3-72) . 003560 Minconditionca nt) ASSIGNMENT OF REAL ESTATE LEASE AND AGREEMENT This assignment of lease and agreement made and entered into by ardd between R; - r,a-cj T,a , -rn r , 7,,.,54_; & S_h_irl l Sue Grudzinski, d /b /a Kensinger Service & Supply (Lessee - hereinafter called "Borrower"); and (hereinafter called "Lessor "); and Five Points Bank of Grand Island, NE _(hereinafter called "Assignee "); Viteeoseth: Whereas. Borrower has heretofore leased from Lessor certain real property by lease dated 7 -1 -85 , recorded in a406c nI , page _,NA , of the records of the County of Hall State of _ Nphragka for a term of seven years, and described as follows: A part of the Northeast Quarter (NEf) of Section Fifteen (15), Township Eleven (11) North, RAnge Nine (9) West of the 6th P.M., in Hall County, Nebraska more particularly described as follows: Beginning at a point on the North line of said Section Fifteen (15), said point being two hundred thirty -one anf four tenths (231.4) feet ';rest of the Northeast corner of said Section Fifteen (15); thence Southwesterly along and upon. the Ttiorthwesterly right -of- way line of U.S. Highway No. 30, a vista -nce of four hundred fifty-two and fife o Y- fifteen hundredths (452.15) feet; thence Northwesterly at right angles to said right -of -way line, a distance of two hundred twenty -one and eighty -five hundredths (221.85) feet, to the North line of said Section. Fifteen (15); thence Easterly along and upon the North line of said Section Fifteen (15), a distance of five hundred thre=e and forty -five hundredths (303.45) `eet to the place Caf :}e�1I1r';1.nCj and containing 1.1751 acres 1110 C OZ� _cSS Of �n %tiit;I7 v.-j a_2' diicalC C: less are presently occupied by road right-of -way. Now- . faf and in consideration of the premises and of disbursement of said loan or any Part thereof, Borrower, with � t of Lessor, y Aee *", Tnm &fw and Conveys unto Assignee the 1 above described, TO Vivre s o To for and during the remainder of the t mentioned in the i , and all renewals and extensions of said term. A. Benrowev and Lmwor further Covey and fie: 1. BOFWWK is not now in default in the performance of lease; and Borrower and Lessor will e�h perfarm the covenants and conditions required of him by said lease for the term of said I and any extensions or al of it. 4. In the event of caty default by Borrower in he , 06114aliazib of his note to Assignee b loan, „ TM _jj therewith, including his agreements hetvin, then, Assignee, at iti; option, mjy, without notircv-, using such