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<br />WHEN RECORDED MAIL TO:
<br />CAPITAL CITY BANK
<br />COMMERCIAL
<br />P.O. BOX 1433
<br />TOPEKA. KS 66601
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<br /> FOR RECORDER'S USE ONLY
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<br />THIS ASSIGNMENT OF RENTS dated April 15,2008, IS made and executed between i.. Jayhawk Investments ~
<br />101, Lie, whose addres~ Is 730 New Hampshire # 3m, Lawrence, KS 66044; A LIMITED LIABILITY ,,'9
<br />COMPANY (referred to b~IOW as "Grantor") and CAPITAL CITY BANK, whose addre,ss is P.O. BOX 1433, C-)
<br />TOPEKA, KS 66601 (refered to below as "Lender").
<br />
<br />ASSIGNMENT. For valuable consideration, Grantor hereby assigns, grants a continuing security interest in,
<br />and conveys to Lender ~II of Grantor's right, tiDe, and Interest in and to the Rents from the following
<br />described Property locate1d in Hall County, State of Nebraska:
<br />I .
<br />LOT FIVE (5), MENARD SECOND SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL COUNTY,
<br />NEBRASKA. I . .
<br />
<br />The Property or its address is commonly known as .2390 Diers Avenue, Grand Island, NE 68803. The
<br />Property tax identificationl number is 400370174. ,
<br />
<br />CROSS-COLLATERALIZATION.lln addlllon to the Note, this Assignment secures all obligations, debts and liabilities, plus interest thereon, of
<br />Grantor to Lender, or anyone or more of them, as well as all claims by Lender against Grantor or anyone or more of them, whether now existing
<br />or hereafter arising, whether related or unrelated to the purpose of the Note, whether voluntary or otherwise, whether due or not dUe, direct or
<br />indirect, determined or undetermi~ed, absolute or contingent, liquidated or unliquidated, whether Grantor may be liable individually or jointly with
<br />others, whether obligated as guarantor, surety, accommodation party or otherwise, and whether recovery upon such amounts may be or hereafter
<br />may become barred by any statute of limitations, and whether the obligation to repay such amounts may be or hereafter may become otherwise
<br />unenforceable. I .
<br />FUTURE ADVANCES. In addition to the Note, this Assignment secures all future advances made by Lender to Grantor whether or not the
<br />advances are made pursuant to ~ commitment. Specifically, without limitation, this Assignment secures, in addition to the amounts specified in
<br />the Note, all future amounts Lender In Its discretion may loan to Grantor, together with all interest thereon.
<br />COLLATERAL DESCRIPTION. T~e word "Rents" as used In this Asslgn~ent means all of Grantor's present and future rights, title and Interest in,
<br />to and under the following described specific Lease of all or a portion of the property described in the "Asslgnmenf' section herein.
<br />The following is a general description of the specific lease:
<br />LEASE TYPE: Term
<br />Lease Date:
<br />Start Date:
<br />End Date:
<br />Lessee(s):
<br />Description of the Premises:
<br />Rental Amount:
<br />Deposit Amount:
<br />Lease Terms:
<br />Recording Data:
<br />LEASE TYPE:
<br />Lease Date:
<br />Start Date:
<br />End Date:
<br />Lessee(s);
<br />
<br />ASSIGNMENT OF RENTS
<br />
<br />September 1, 2006
<br />September 1, 2011
<br />CATO Corporation, PO Box 34216, Charlotte, NC 28234
<br />
<br />3400.83 Monthly
<br />
<br />5 Years
<br />
<br />Term
<br />
<br />September 1, 2006
<br />September 1, 2011
<br />ADP Investments LLC, 2462 E 13th Ave, Columbus Avenue, NE 68602
<br />
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