Laserfiche WebLink
RELEASE AND REASSIGNMENT �'..e �j t' 7 <br />OF LEASES AND RENT <br />WHEREAS, REGENCY CONSTRUCTION, INC. BY ROGER W. <br />LUFT, PRESIDENT has heretofore granted a security <br />interest in and assigned, transferred,.and set over <br />unto COMMERCIAL NATIONAL BANK & TRUST COMPANY OF <br />GRAND ISLAND, NEBRASKA certain leases and rents on <br />the following described real property: <br />Lot Eight (8) Block Eight (8) in Rollins <br />Addition to the City of Grand Island, <br />Nebraska. <br />as security for a certain indebtedness and for <br />consideration for a certain indebtedness; and <br />WHEREAS, said described Assignment is dated <br />August 24, 1983, recorded August 29, 1983 as <br />Document Number 83- 004533 in the Halll County <br />Clerk's Office; and <br />WHEREAS, in consideration of the receipt of <br />valuable consideration COMMERCIAL NATIONAL BANK & <br />TRUST COMPANY OF GRAND ISLAND, NEBRASKA has agreed <br />to a Release and Reassignment of the Leases and <br />Rents; <br />NOW, THEREFORE, COMMERCIAL NATIONAL BANK & TRUST <br />COMPANY OF GRAND ISLAND, NEBRASKA hereby <br />acknowledges receipt of valuable consideration due <br />and owing by reason of the Assignment of the above <br />described Leases and Rents, and does hereby release <br />and relinquish all right, title and interest <br />therein and hereby re- assigns said Leases and Rents <br />to Regency Construction, Inc. <br />i <br />Dated this 12-r" day of 1985. <br />COMMERCIAL NATIONAL BANK <br />& TRUST COMPANY OF GRAND <br />ISLAND,( NEBRASKA <br />By: i� . ('J�_, <br />Nice President of <br />aha National Bank as <br />Attorney in Fact <br />U <br />