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84 ---~j~0750
<br />ASSIGNMENT OF RENTS
<br />KNOW ALL MEN BY THESE PRESENTS: - That we , the undersigned,
<br />of the County of xall State of Nebraska , for and in consideration
<br />Of Twenty-Thousand Five Hundred and no/100-------------------------- Dollars,
<br />as a loan in hand paid to s*_anley s. Garris, Jr. & Mary M. Garrisby the
<br />Go~ereial National Bank & Trust Company of Grand Island, Nebraska, a
<br />corporation, and other good and valuable consideration, the receipt
<br />whereof is hereby acknowledged, do hereby assign, transfer and set
<br />over to said Commercial National Bank & Trust Company, as collateral
<br />security for the duration of the loan, all the rents, income and pro-
<br />fits accruing upon the following described property, situated in the
<br />County of Hall, State of Nebraska, to-wit:
<br />East 45' of Lots One Hundred Fifteen (115) and One Hundred Sixteen (116)
<br />Hawthorne Place located or. part of Northwest Quarter (NW~t) of Section Twenty-Two
<br />i~2) 3bwnship Eleven {11) North, Range Nine (9) ~Aest of the 5th P.~1., Hall
<br />County, Nebraska.
<br />And hereby authorize and empower the Commercial National Bank
<br />6~ Trust Company of Grand Island, Nebraska, its authorized agents and
<br />attorneys, to act for ,and rent the above described premises, and
<br />in place collect and receipt for said rent, at such prices and upon
<br />such terms as they may see fit.
<br />This assignment of rent being made for the express purpose of
<br />having said revenue applied to the repayment of the above mentioned
<br />loan.
<br />Said Commercial National Bank & Trust Gompany may, in its dis-
<br />cretion, use the rents so far as they may deem necessary, for the pur-
<br />pose of making such repairs upon the premises as, in its judgment, may
<br />be proper and may use said rents so far as necessary far the payment
<br />of insurance premiums and taxes upon said premises. It shall also have
<br />authority to deduct from said rents a fair compensation, to be payable
<br />to said Commercial National Bank ~ Trust Company agents, for services
<br />rendered in the collection of said rents; the balance to be app-lied
<br />upon the payment of monthly dues, interest and fines upon said loan.
<br />Dated at Grand Island, Nebraska
<br />Witn ss:
<br />ff,^, .~
<br />tt~ ~ --~"
<br />State of Nebraska,) ss.
<br />Hall County. )
<br />this nth day OfFebruary 19 34
<br />~ R-^ T-
<br />Stanley B. ~~rris, JY.
<br />J~, ~,
<br />Mary M. Garris
<br />On this'tthday of February 19 s4, before me, the undersigned,
<br />a l+ldtary Public, in and for said County, personally came
<br />Stanley B. Garris, Jr. and Mary M, Garris
<br />VhO.is-.persona:lly~known to me to be the identical person whose name
<br />affixed to the ahove instrument as grantor and acknowledged the
<br />same to beth~iyoluntary oat and deed.
<br />Witness.my,,;hand and Notarial Seal the date aforesaid.
<br />My commission expires .
<br />{; ~>
<br />,~.
<br />~a~..-~.»~~ Not-cry Public
<br />
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