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<br />ASSIGI'CMr;NT.. OF RENTS
<br />
<br />83....p056'7'7:
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<br />KNOW ALL MEN"..BY ntESEPRESENTS: -. Tha.t .' the.unders:t~d;...................."....
<br />?:fthe CountyoEliaU . State of NliliraSlta ,for and in con~tderat,i<l1:l ."
<br />q~ 'I'l:ttflshUildJ:-ed an~fi:ftl' .... f~daR8/g,~~iCeR, :-~i~~eO$&Om Ool1.ars.
<br />as a loanttthan4 p,aidto ... "I.. Gelati'aha Ji'arISaiar"D?!L~is~ by th~>
<br />C~reicalNationalBank . . rust Company of Grand Island.Nebral.!ka.~
<br />corporation. and other good and valuable conl:!ideration. theJ:'ec~p!:t: .
<br />wbereoftshereby acknowled&,::d, do hereby..assign., transferarid.set'
<br />over to said COIIlDlercialNationa.l Bank & Trust Company. as collateral,.
<br />security for the duratioIl of the" loan. all the rents, income and pr.o-
<br />fi"ts accruing upon the following described property, situated'irithe..
<br />Count)' of Han, State of Nebraska. to-wit:
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<br />*See Attachment.
<br />
<br />And we hereby authorize and empower the Coomercial National Bank
<br />& Trust Company of Grand Island, Nebraska, its authorized agents and
<br />attorneys, to act for u~and rent the above described premises, and
<br />in our place .collect and receipt for said rent, at such prices and upon
<br />such teruss as they may see fit.
<br />
<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 />
<br />Said Commercial National Bank & Trust Company may, in its dis-
<br />cretion, use the rents so far as they _y deem necessary, for the pur.
<br />pose of making such repairs upon the premises as, in its judgtr.""lt, 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 pa.yable
<br />to said Coomercial 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
<br />
<br />Gr~nd Island, Nebras~a
<br />
<br />this 12thday of October 19 83
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<br />~~~Jtnes8 :1
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<br />State of Nebraska,) S5
<br />Han CQunty. )'
<br />
<br />
<br />On 1:his l.2tliay of October , 19R3, before me, the undersigned.
<br />a NOtary Public, in and for said Count,., personally came Rudolf F. Plate and
<br />J~i~ R.. Plat;e M1d. Richard L. Geist and Barbara D. Geist
<br />who axepersoaally known to me to be the identical person whose names
<br />~. atftx;edto .l$eabove instrulllent as grantor and acknowledged the
<br />.... to. b.~luntary act and deed.
<br />Wit...arq hand 4Qd Not.chl Seal the date aforesaid.
<br />.tty el:ll'll\\i$&f.on e1q,lit:es
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<br />Notaryo1'ubUc
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