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~. ASSIGNMENT OF RENTS 84 ___._ 00212 1ClIQi ALL MEN BY THESE PRESENTS: -That we , the undersigned, of the County of Hall State of Nebraska for and in consideration OE Eighteen Thousand Five Hundred and no/loo-------------------------- Dollars, ss a loss in hand paid tOLeroy J. & Bernadette A. steyman by the Coeercial National Bank A Trust Company of Grand Island, Nebraska, a corporation, and other good and valuable consideration, the receipt whereof is hereby acknowledged, do hereby assign, transfer and set over to said Commercial National Bank ~ Trust Company, as collateral secutitp for the duration of the loan, all the rents, income and pro- fits sccruing upon the following described property, situated in the County of Nall, State of Nebraska, to-wit: Lot Two (2), in Block Eleven (11), in Sheridan Place, an Addition to the City of Grand Island, Hall County, Nebraska. Aad hereby authorize and empower the Commercial National Bank 6 Trust Company of Grand Island, Nebraska, its authorized agents sad attorneys, to act for ,and rent the above described premises, sad in place collect and receipt for said rent, at such prices and upon such terms as they map see fit. This assignment of rent being made for the express purpose of 6aviag said revenue applied to the repayment of the above mentioned loan. Said Co®ercial National Bank 6 Trust Coe~any may, in its dfu~ cretion, use the rents so far as they may deem necessary, for the put- pose of making sack repairs upon the premises aa, in its jam':,. ~7r~ be proper and may use said rents so far as necessary for the papaeat; of insurance premiums and taxes upon said premises. It shall a3~s°o-have'--:.- authority to deduct from said rents a fair compensation, to ba payable. to said Coas~rcial National Bank 6 Trust Company agaaka, for sncvicet rendered in the collection of said rents; the balance to be applied: ups-n the payment of monthly dues, interest and fines upon sad~l~#n~: Dated at Grand Island, Nebraska Chia 24thdaS Of Agri l~~a<,. Witness: >~ ~ - \~• ~ :~, ~.~+.~.~ -.,. J, r ` . e~ ~.e.a.~....~ Bernadette A. Stegatn, .! State of Nabxaska,i ss. ltsl l County . ) tlst dsis~athday Of Agril 14 sa, before me, the undersigned a l~tary Public, in sad for said County, personally cane Leroy J• a Bernadette A. Stegman who a personally known to me to be the identical person whose nose, affixed to the above instrument as grantor and. acknowledged+the sa.a Eo !-efiroluntary act and deed. i4ittnrs(ts sBr hand and Notarial Seal the d to aforesaid. My cawssioa expires` ~ ;~~ `~ -~ .. nary Public 1s a~s~M 1