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<br />ASSIGNMENT OF RENTS
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<br />83-- .OUS6,gsfj'.'.
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<br />KN<M ALL MEN BY THESE PRESENTS: - That , theundersig;;.e;d,
<br />of the County of Hall , State of Nebraska, for andincon$1tk!~li:ti;Rl'!.i'
<br />of Fifty Thousand, Two Hundred Fifty and no/10O-------------...~-Doll&l!l:}"r>./
<br />as a loan in hand paid tOChuies F. La1geand CoHeen E. Lange, .bytJi~<~~\l.~.
<br />CouInercisl National Bank & Trust Company of Grand Island,Nebr:al!l\~'j. a'
<br />corporation, and other good and valuable consideration.there(:~.f;ttf!'
<br />whereof is hereby acknowledged, do hereby assign, trans.fer andsElt.
<br />over to said Coamercial National Bank ex Trust Company, as,coU~tera~
<br />security for the duration of the loan, all the rents, income ancLpro-
<br />fits accruing upon the following described property, situatediritne
<br />County of Mall, State of Nebraska. to-wit:
<br />
<br />Lot I. in Block l 17, Railroad Addit ion to the City of Grand Island, Hall County,
<br />Nebraska
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<br />And we hereby authorize and empower the Coamercial 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 our 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 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 50 far as they may deem necessary, for the pur-
<br />pose of making such repairs upon the premises ~S, 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.
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<br />Dated at ..",.n~' > ,,,',,0. "d'L.S".
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<br />this ':'1 hday of Uct"bt>r,19 II.J
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<br />State of Nebraska,) ss
<br />Hall County, )'
<br />
<br />C(, Ii .,'('ll F. Ldn~t'
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<br />On this ;'~tijay of CCL'bu ,191\\, before me, the undersigned,
<br />a Not.ar)' Public, in and for said County, personally came elwri", F. :"'u
<br />Co Ill,,,., E. Lang..,
<br />who are personally known to me to be the identical person whose name
<br />affiXed to the above instrument as grantor and acknowled~ed the
<br />$lllI1e tube voluntary act and deed.
<br />WitnellS my.hand and N~~~i{i}.. ~~JQ.I~lt= date aforesllid.
<br />My cC>IlIllission expires ~,\~ \C>~
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<br />Noty Public
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