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<br />83-00~l700
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<br />ASSIGNMEl'.rr OF PEAL ESTATE PURCHASE CONTRZ\CT
<br />
<br />(open-end: To Secure Present and Future Obligations and Advances)
<br />
<br />
<br />Date: July 8. 1983
<br />
<br />Estate of Ha.rold w. Harrington by Ruth E." Harr:!..nqto)"l, Persona]R~prf>-
<br />
<br />sentative and Harrington Peed ~Clrds, Inc.
<br />
<br />!\ssignors
<br />
<br />of Grand Island, Nebras:ka , in considera:tion of the advance of
<br />the"principal sum ---;j"ecided in the-':;:;te hereinafter described and in con-
<br />sideration of future advances of funds made by assign~,e t.o assignors or
<br />any of t.hem as hereinafter provided, hereby assigns and conveys to ~___
<br />Commerci"al National Bank lL.'IL\.:u2:L..CQ.~~.___~_____' whose
<br />principal office is .at _:11~_-'R~"LThi.J:::!LS.t.J::ee.t....-G;canrlT';d ~'1d, ]>lebr<\'ii1<a __.1
<br />all their rights, titles and interest in a cont;ract to purchase real
<br />esta te dated March 14, 1972 , by and between )lQLL.iI~ertz_!;;_~y,
<br />ANEi'bJ::J~ CorporR+inl"l seller, and }larolCl ,oJ. H"1r:rin'Jtol1-__
<br />purchasers, t,he following described
<br />
<br />real estate:
<br />
<br />Northe,l.st Quarter (NEl:!) of Section 'rhirty-follr (34) in 'fownship 'l'welve (12)
<br />North Range Eleven (11) West of the 6th P. N.. in Ball County, Nebraska,
<br />
<br />containing _ 160 "lcres, more or less, accordinq to Covermnent survey;
<br />togethl:ll: with all of the riqht, title and interest of t!le j';.$siqnors in
<br />said prc>pert:y now oll.'l1cd, or hereafter acquired, and inc 1 uding ,,11 build-
<br />ing5 and improvements no..... on ()r her\~after placed upon, said real property;
<br />includ:ing also all water. and dri.1inage riqhts.
<br />
<br />This dlss.ignr,aent, is \~iven to secure;
<br />
<br />{all promissory notes dated ~JL4L83 ~ui~Lij:tl~H~~~cn Ly ;\SE:.iqnor~>"
<br />to Assignee in the pr inc ii';ll sum of DLlD..aud.-$J:.W.,.oOO.
<br />
<br />,...-.----,-----------,------________iJollars, intere~jt ~1\,;-
<br />
<br />to note ~uld ~Jny instr-umc~nti~ t.:-J.k0n in re-
<br />financing t cxtendin.q f ,,:n: renewing- ;";aid i r:debtc.dn(~s!:'i or- :),ny ,t;.:..J t't
<br />thereot;
<br />(b) }\.ny future advdflce s), wit!; int;:resr;, \'/hich r:idY be: m",d\~ from
<br />time to time by :\ssi<.;n€e1 at its ("pC:iQn, t,Q i\ssi9Hors, or 1,:i;:lY of
<br />then, or their successors in t,itlc, for any pur,pose in any .:nnou.n.t Ul
<br />;;,.mowll~,s, provided, ;)(>wever, that such fut.ure ,:.nd ddditiolidl adVdflce(s)
<br />shall be so limitt,d that the total priricipal .:nnounts uutstam.!ing d:,
<br />any tim<:: shall not ex..:eed the sum of ,.EQur Hnndred_J::j.Lt;(_T.;,nl1<:",nr1 __
<br />and nO/lOa -----------------.do.llars, Clnd provided further the future
<br />a;f,;ai;;e (s l s-'; mad~-sl;:;}-l bepayable in accordance '~'i tll the terms of a
<br />'pl:omissory note or notes '..;hich may be taken to evidence such advance (5)
<br />01: any part tJlereof. (The optional advance(5) herein authorized shall
<br />bl~ considered additional to the advance(s} hereinafter authoriz8d
<br />to be made by the Assignee for the protection of the security or
<br />Assignee's interest theJ:ein).
<br />
<br />
<br />This a$sigrunent to be void upon the paYJnent in full ,...itll interest of any
<br />obligations, present or future, secuxed or to be secured hereby.
<br />
<br />
<br />'~\ ,./J
<br />by~.~.
<br />;Rti?{H'
<br />'-..,..r'\, "
<br />k';;r."::;.,,, <. ~'...
<br />J?::1hn
<br />
<br />CO'~~nt,y of
<br />
<br />fox sa::td county i' f'Jexsonal1y t::'2\rnC
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<br />fir..'
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