|
<br />I
<br />
<br />83-- 00280'7
<br />
<br />KNOW ALL MEN BY THESE PRESENTS: - That , the unders igned,
<br />of the Coimty of Hall , State of Nebraska, for and in consideration
<br />of Forty One Thousand Two Hundred Fifty and no/lOO _____-----_________Dollars,
<br />as a loan in hand paid to Harry C. and Patricia P.. Stalker by the
<br />CClUIIIercial 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 />
<br />ASSIGNMENT OF RENTS
<br />
<br />Lot Thirty Four (34) plus the South 12.56 Feet of Lot Twenty Seven (27), Lafayette Park
<br />Subdivision, City of Grand Island, Hall County, Nebraaka
<br />
<br />And hereby authorize and empower the Commercial National Bank
<br />& 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 />
<br />This assignment of rent being ~ade for the express purpose of
<br />having said revenue applied to the repayment of the above mentioned
<br />loan.
<br />
<br />Said Commercial National Bank & Trust Company 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 for 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 applied
<br />upon the payment of monthly dues, interest and fines upon said loan.
<br />
<br />Dated at Grand Island, Nebraska
<br />
<br />this 2nd day of June 1983.
<br />
<br />f'"'
<br />/4- c2 ~---
<br />:J ~
<br />
<br />~~tkBLA/
<br />Har7)' c~ ,talky / .
<br />j/aI~/' sd"!~
<br />
<br />state of Nebraska,) ss
<br />Hall County. )'
<br />
<br />patricia P. Stalker
<br />
<br />
<br />On this 2nd:lay of June , 1983, before me, the undersigned,
<br />a N()t:;~ry Public, in and for said County, personally came Harry c.
<br />Stalker,~d Patricia P. Stalker ,
<br />~hp'~repe.t"sotll:llly known to me to be the identical person whose name
<br />af;~xed Y> the above instrument as. grantor and acknowledged the
<br />same t()be theiyolunt:,ary act and deed.
<br />Wi...,.,.t..n.e,~.l3..'.....my .hand ..and. Nota;;ial Seal
<br />My commission expires Ua&.
<br />
<br />~'llENaw.IIOTARY'SlIIe 01 ~
<br />1 .... FlOYD J. SAGER
<br />~-c.-~~84
<br />
<br />
<br />J
<br />
|