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<br />200509995
<br />
<br />CONSENT TO CONDITIONAL ASSIGNMENT OF LEASE
<br />AS ADDITIONAL SECURITY
<br />
<br />The undersigned Lessor, namely KUESTER LAKE, INC., hereby consents to the
<br />Conditional Assignment to Equitable Federal Savings Bank of Grand Island, Nebraska,
<br />by Terry L. Babcock and Tracy L. Babcock, of a Lease dated OCTOBER 6
<br />2005, wherein Kuester Lake, Inc. is the Lessor and Terry L. Babcock and Tracy L.
<br />Babcock, husband and wife, are the Lessees, such lease commenced October 1, 2005,
<br />and terminates September 31 , 2040, and pertains to:
<br />
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<br />
<br />Lot Twenty (20), having a lakefront footage of One Hundred (100') Feet,
<br />situated on the East side of the East portion of Kuester Lake, and being on
<br />a part of the East Half of the Southwest Quarter (E1/2SW1/4) of Section
<br />Thirteen (13), Township Eleven (11) North, Range Nine (9), West of the 6th
<br />P.M., in Hall County, Nebraska.
<br />
<br />Said Conditional Assignment to which this Lessor consents was given by said
<br />Debtor to Equitable Federal Savings Bank of Grand Island, Nebraska, as additional
<br />security for payment of a Note in the amount of ONE HUNDRED THOUSAND AND 00/100-----
<br />($ 100.000.00 ) and a Financing Statement or mortgage covering the above-
<br />described premises and securing payment of said Note.
<br />Such Assignment to remain effective until said Note is paid.
<br />
<br />KUESTER LAKE, INC.
<br />
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<br />
<br />Tim Terjak, s President
<br />
<br />STATE OF NEBRASKA )
<br />) ss.
<br />COUNTY OF HALL )
<br />
<br />The foregoing Consent to Conditional Assignment of Lease as Additional Security was
<br />acknowledged before me this 6TH day of OCTOBER, 2005, by Tim Terjak,
<br />President of Kuester Lake, Inc., a Nebraska corporation, on behalf of the corporation.
<br />
<br />
<br />GENERAL NOTARY. State of Nebraska
<br />DUANE A. BURNS
<br />COmm, . March 28 2008
<br />
<br />~ r6~~~'
<br />Notary Public
<br />
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