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<br />~ 005929
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<br />ASSIGNMENT OF RENTS
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<br />KNOW ALL MEN BY THESE PRESENTS: - That I , the undersigned,
<br />of the County of Hall ,State of Nebraska ,for and in consideration
<br />of Nineteen thousand three hundred and no/lOO----- ($19,300.00) DollalZ.S,
<br />as a loan in hand paid to Lonnie Hansen, Individual by the
<br />Commercial 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:
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<br />A tract of land comprising a part of Lot Six (6), Voss Subdivision in
<br />the City of Grand Island, Hall County. NebraSka, more particularly
<br />described on the attached Schedule A.
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<br />And I hereby authorize and empower the Commercial National Bank
<br />& Trust Company of Grand Island, Nebraska, its authorized agents and
<br />attorneys, to act forme ,and rent the above described premises, and
<br />in my 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 repayment of the above mentioned
<br />loan,
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<br />Said Commercial National Bank & Trust Company may, in its dis-
<br />cretion, uae 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 Coamercial 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 (;rand Island, Nebr"""..
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<br />this 3rd day of November 19 83
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<br />State of Nebraska,) ss
<br />Hall County, ).
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<br />On this3rdday of November , 1983, before me, the undersigned,
<br />a Notary Public, in and for said County, personally came Lonnie
<br />Hasl$Qn~ Individual
<br />who 1 personally known to me to be the identical person whose name
<br />is affixed to the above instrument as grantor and acknowledged the
<br />same to be h.u voluntary act and deed.
<br />Witness my hand and Notarial Seal the date aforesaid.
<br />My coamission expires
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<br />Notal7Y Public
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