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<br /> State of Nebraska
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<br />
<br />ASSIGNMENT OF LEASES AND RENTS
<br />
<br />1. DATE AND PARTIES. The date of this Assignment of Leases and Rents (Assignment) is
<br />09-16-2005 . The parties and their addresses are:
<br />ASSIGNOR: GRAND ISLAND AREA ECONOMIC DEVELOPMENT CORPORATION, A NEBRASKA CORPORATION
<br />P.O. BOX 1151
<br />GRANDISLANO,NE 68802
<br />
<br />D Refer to the Addendum that is attached and incorporated herein for additional Assignors,
<br />LENDER: BANK OF DoNIPHAN
<br />ORGANIZED AND EXISTING UNDER THE LAWS OF THE STATE OF NEBRASKA
<br />POBOX 270
<br />DONIPHAN, NE 68832.0270
<br />
<br />2. ASSIGNMENT OF LEASES AND RENTS. For good and valuable consideration, the receipt and sufficiency of which is
<br />acknowledged, and to secure the Secured Debts and Assignor's performance under this Assignment, Assignor
<br />irrevocably assigns, grants and conveys to Lender as additional security all the right, title and interest in the following
<br />(all referred to as Property).
<br />
<br />A. Existing or future leases, subleases, licenses, guaranties and any other written or verbal agreements for the use
<br />and occupancy of the Property, including any extensions, renewals, modifications or replacements (all referred to
<br />as Leases).
<br />
<br />B. Rents, issues and profits (all referred to as Rents), including but not limited to security deposits, minimum rent,
<br />percentage rent, additional rent, common area maintenance charges, parking charges, real estate taxes, other
<br />applicable taxes, insurance premium contributions, liquidated damages following default, cancellation premiums,
<br />"loss of rents" insurance, guest receipts, revenues, royalties, proceeds, bonuses, accounts, contract rights, general
<br />intangibles, and all rights and claims which Assignor may have that in any way pertain to or are on account of the
<br />use or occupancy of the whole or any part of the Property.
<br />
<br />C. The term Property as used in this Assignment shall include the following described real property:
<br />LOT SEVEN (7), PLATTE VALLEY INDUSTRIAL PARK THIRD SUBDIVISION, HALL COUNTY, NEBRASKA
<br />
<br />NEBRASKA ASSIGNMENT OF LEASES AND RENTS (NOT FOR FNMA. FHLMC, OR VA USE AND NOT FOR CONSUMER PURPOSES)
<br />ExJJ~"""i'i2: @2001 Bankers Systems, Inc.. St. Cloud, MN Fult" ASMT.HtNT-NE 5/1/?002
<br />
<br />(page 7 of 7)
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