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<br />ASS IGNMENT ... OF. RENTS
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<br />KN<M ALL MEN BY THESE PRESENTS:- That.. ' the unde~sj.~e}~;i'
<br />of the County of Rali , State of Nebcraska, for andincGnstd~Ei~t'~li,1'f\
<br />of Twenty Thousand, Seven Hundred fifty and no/lOO---------~-'CDdll~,t. '
<br />as a loan in hand paid t6hams; F.Langeand Golleeo R. Lange * . bYd~h,e:~~}1.
<br />COIl'I1lereial National Bank & Trust Company of Grand Island, Nebres .'fi'A'
<br />corporation, and other good and valuableconsideration,tller$c
<br />whereof is hereby acknowledged, do hereby assign, transfer and; set;'
<br />over to said COtmlIercial National Bank & Trust Company, ascollaterar
<br />security for the duration of the loan, all the rents, income and eEO*c
<br />fits accruing upon the following described property, situated in, the .
<br />County of Hall, State of Nebraska, to-wit: The Southerly 49 feeti>fthe.
<br />Westerly 33 and 6 tenths CD.b') of Lot two (2), Block Seventeen (17(, ili the Original
<br />Town~ now City of Grand ls1~nd. Hall County. Nebraska
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<br />The Easterly sixes-six feet (bo',1 of the Northerly one half (N!;;) of Lot Number Ten (10)
<br />of the County Subdivision or the South On(' Half (S'.;) of the Southeast Quarter (SEt) of,
<br />Section Number sixt~en (It;.'> in Township Number eleven (11) North.. of Range nine -(9),
<br />West 01 the 6th P.M.~ flall Countv~ N0braska_
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<br />And we hereby authorize and empower the COlIlllercial National Bank
<br />& Trust Company of Grand Island, Nebraska, its authorized agents and
<br />attorneys, to act for us,and rent the above described premises, and
<br />in "ur place collect and receipt for said rent, at such prices and upon
<br />such terms as they may see fit.
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<br />This assignment of rent being made for the express purpose of
<br />having said revenue applied to the repaj~ent of the above mentioned
<br />loan,
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<br />Said Coamercial National Bank 6. 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 8S necessary for the payment
<br />of insurance premiums and taxes upon said premises, It shall also have
<br />authority to deduct from said Cents a fair compensation, to be payable
<br />to said Commercial National Bank 6. 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 ';LIlHi ", ,we;, :',d".",,,,,
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<br />this :'.tdClY of (); (ouer 19 83
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<br />SHataltle of Nebraska,) ss.
<br />County. )
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<br />On this?4ttlay of Dctober , 1983, before me, the undersigned,
<br />a Notary Public, in and for said County, personally came
<br />Char Ie$- f. anJ Co 1 h~{~n f.. L.ange
<br />~o..u personally known to me to be the identical person whose name"
<br />ar~ affixed to the above instrument as grantor and acknowledged the
<br />,... to be rh<!VOluntary act and deed.
<br />.. Wit~ess my hand and Notarial Seal the date aforesaid.
<br />My c01l8ission eXPires~. . _ ":'~'. .
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