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4.2584l4C 84,,••~ 002194 ASSIGNMENT OF LEASES AND RENTS In consideration of the advancing of credit by CONTINENTAL MORTGAGE CO. , s Nebraska corporation ("Lender"), to or for the benefit of SOUTH LOCUST BUSINESS CENTER, INC. ("Assignor"), and forie other good and valuable consideration, Assignor agrees as follows: 1. With respect to that certain real property described as folbwa (the "real property"): A tract of land in the South One-Half {S}) of the Southwest Quarter tSW}) of the Southwest Quarter (SW;) of Section Twenty-Seven (27), Township Eleven (11) North, Range Nine (9) tYest of the 5th P. M., Hall County. Nebraska, more par- ticularly described as follows: Commencing at the Southwest Corner of said Southwest Quarter of the Southwest Quarter (SW# SW}) and running Easterly on the Southerly line of said Southwest Quarter of the Southwest Quarter (SWi SW~}) a distance of Three Hundred Seventy-FYve (3i5) feet; thence deflecting left Ninety-One degrees, Thirty-FSght minutes (91°38') and running Northerly a distance of One Hundred Thirty and Ten Hundredths (150.10) feet to the actual paint of beginning; thence deflecting left Sixty-Two degrees, Thirty-One minutes (62°31') and running Northwesterly a distance of One Hundred Seventy-Four end E'orty hundredths (1'4.40) feet; thence deflecting right Twenty-C)ne degrees, Seven minutes (21°07') and running Northwesterl~• ~ distance of One Hundred Ninety-Three and Forty hundredths (193.4(1) feet; thence deflecting right Fifteen degn~s. Seventeen minutes (15°l7'} and running Northwesterly a distance ~,f Sixty-One and Thirty hundredths (61.30) feet; thence deflecting right Twenty-Two degrees, Forty minutes (22°40') and running Northerly a distance of Two Hundred Fifty-Three 1253) fee[; thence running Easterly a distance of Three Hundred Twenty-Five (325) feet to a point being Six Hundred Fifty-Four nand l:iRhty hundredths (854.80) feet Northerly of the Southerly line of said Southwest Quarter of the cou•h:.o5t t~uartsr yb,A °gr(); '!;2„Ce ,.:ag sauthcrly a ~tistanee of Five Hundred Twenty-Four and uSeventy hundredths 1524.?0) feet to the actual point of beginning. of which Assignor i~ the uwner, Assignor does hereby absolutelq and irrevocably bargain, sell, transfer, assign, convey, set over and deliver unto Lender, its successors and assigns: (ea) the right of the immediate use and possession of said rival {>roperty and all furniture, equipment, appliances and other items of personal property available for the use of tenants of or the operation of said teal property now or hereafter lcxxated on said real property (collectively the "furniture") to the exclusio^ r_rf :assignor and its successors, assigns and agents: U