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ASSI~T KNOW AT.!. MEN BY THBSII PRBS1!DftS, that foX' don of the aqreement of the OVerland N4ttt;)R.~ accelerate the indebted...s.. evidenced by a. 13"'11 dated April 16, 1984 for delinqufmcies in~ the date hereof, the undersigned, Charles' F. . Lan'" Laaqe, hereinafter referred to a. "Asslqnors ", ~"..... security for the indebted"slII evidenced by such.~ Note dated April 16, 1984 in the initiill princ~ Forty-Eiqht Thousand and 1.'10/100 Dollars ($48~OO-o.O'n, assign, transfer and set over unto the Overland W~~! Grand Island, a. natiGNII banking coxporation,~~' to as "Assignee", all of our right, title and interest in~. 1:0 a certain land contract entitled "Contract for Condit~SIII~ of Reill Estate" beadng the date of April 16 , 1979F~ Assiqnors are selling the real estate located in Rall COUnUYi Nebraska, commonly known as 2429 North Park Avenue, Grand Island, Nebraska, and legally described as follows: Lot Four (4), Block Three (3), College Addition to West Lawn, an Addition to the City of Grand Island, Hall County, Nebraska; to LM!-ry !). Hahn~-aDs1.-g'n--al-l-orOuY--n.-qhi::...,.-t-ttle ana interest in and to a second land contract entitled "Contract for Conditional Sale of Real Estate" bearinq the date of ~ 30 , 1980, where Assignors are selling the real estate located in RaIl County, NebraSka, commonly known as 1828 North Kruse, Grand Island, NebraSka, and legally described as follows: Lot Five (5), Block Fourteen (14\, Scarff's Addition to West Lawn, to the City of Grand Island, Hall County, Nebraska: to Gary Schleuter and Bonnie Schleuter, hereby intending to assign all of our rights to receive payments of principal and interest as remain owinq to us pursuant to the terms of those lan-d contracts. This Assignment is given as security for the indebtedness mentioned hereinabove and as security for such other sums as may be advanced in accordance with the terms of the aforeaentioned Deed of Trulllt Note and this Assignment. In the event such indebtedness, future advances, interest and such other sums as ..y be advanced in accordance with the terms of the aforementioned ~ of Trust Hote and this Assignment are well and truly paid in l.u:eordaJ1ce with the terms herein contained, then this ABsiqnment shall be void, otherwise to remain in full force and effect. At any ti_ IlIfter default has been declared by Assiqnee, Asgiqaee may caUH notice to be served upon the n~ Buyers in t.M aforementioned land contracts, directing all future payments to be made by such Buyers shall be made directly to AI!lIitiqnee, and -1- L L ..... ..J ..J