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<br />ASSIGNMENT OF REAL ESTATE PURCHASE CONTRACT 84 _ 002734
<br />(Open-end: To Secure Present and future Obligations and Advances)
<br />
<br />r
<br />
<br />DATE: May 22, 1984
<br />
<br />Harold R.. Janzen and Darline R. ,Janzen, Husband and Wife
<br />
<br />,Assignors
<br />
<br />of Gr~~d Islands Nebraska , in consideration of the advance of the
<br />principal sum decided in the note hereinafter described and in consideration of
<br />future advances 0f funds made by assignee to assignors or any of them as herein-
<br />after provided, hereby assigns and conveys to COMMERCIAL NATIONAL BANK & TRUST
<br />COMPANY, whose principal office is at 424 West 3rd Street, Grand Island, Nebraska,
<br />all their rights, titles and interest in a contract to purchase real estate dat~d
<br />Februarv 19 , 1983 , by and between Harold R.. Janzen &
<br />
<br />Dar.l.ine R. :Tdn?,en
<br />
<br />, Seller, and Wade R. Zers~h
<br />, purchasers, the"
<br />
<br />i:1.nd HG11y L. Zersen
<br />following described redl ~state:
<br />
<br />.-,f l,()ts ThreE<
<br />
<br />,1nd F;)~r (--l) f ()f r~lock T"......o (2), In Packer & Barr's
<br />of Grand Isla-nei, except. a tract -nr land deeded---to the
<br />!Th.")re part,icLilarly described in a warranty deed
<br />F'dqe 549 of Deeds in the Office of the Regis~te-r of
<br />0:ebrask;L
<br />
<br />~,ith intQrest 'i1c-cording to the terms of said note and-_any
<br />ref i n-4nc i fig" t'xtend ing, or renewing said tnd-e-htedne:s's o_r
<br />
<br />Do U1H'cl>,':':
<br />~nstrllinen.t:s
<br />anY'flart\
<br />
<br />
<br />Addj t~ ,"-on 1: he- Ci ty
<br />Clt_y cd ';rand Is-land,
<br />.!'ec-orded 1 n book ~ ~J8.
<br />
<br />L'>ee-(~5 (;; :fa II ,.:Junty.
<br />
<br />~RJI:t1l-1;..:i:1I8XXXXY~'\(XX.XXXJlltXllX~Xl'CZ%.X."Xjf;lUU~, 3ccordi ng to Government survey';
<br />all of r.hi' right~ title. and interest of the Assignors in said prope-rty now-,>--owrie'd'~-"
<br />(~r hereafter a.cqulri:'d. ~1nd inciuding all buiLdings and i,mprovements now on -Q-'I!' he:re~c
<br />:~lter placed upon~ Sdld real property; including also all water, and drainage: ~ri~bt~s'-:~'",:-<
<br />
<br />Th-;o:; "!\ss-i~r'._..nent ~s,
<br />
<br />.' . "."'~ ~ "'-
<br />...... . ~" "-'~
<br />
<br />secure:
<br />
<br />;aj A prC'\r.'i15S0fV note cl.1ted ;,'\.:1.y 2..~. 19B4 given by Assignors
<br />to Assignt'e '-0 the principal sum of E.i.qhtJ3'en '1'hous.and Three i:Jundred'13ighty-
<br />
<br />p<-n' a b i e
<br />! ilk~~n !n
<br />
<br />n~ ,},,()
<br />
<br />t h-e ;'\~t;)t ;
<br />ib) Anv fut~r~ J,ldVan-c,e\~J~ '....tt.h Intere&t, which may be made from t-ime to
<br />t H~e by ..\~~igrHte. d~ its opt ion. to Assignor-s, or ill',ny of them ()1~ t:h,ei_l'
<br />S-Uc.ce-SS,Ots ~n title, fot any pU~-pOSt'; in any amount or amounts,) prov'i;dtld,
<br />hOw,,-'vef"\ th~t SUdl future ~1nd additional ad-vance(s) shall be so lim,tt,-e"d" ,thoitt
<br />tht!' total prlfH'::lpdl "nnounts Qut.standing at any time shall not e.:Xce,e4 t'he-
<br />"'.urn 'J-t _" L!J~H:~~~,,~::._]!.:?,-~s~,J 2~Utt~;!; HUJHJ.n..,d Elghty-O:'Hil dnd, ]l/lOO--.......~..._....,..---;'""....~.-.
<br />
<br />,:::_:::~::..:.;:,::.::.,,:_=-:_=-::::;:,::,::.:..- - - -"' - ._~."- - - -- -----------------------------Oolalr)it,..
<br />and pnwld"ci rurther the future: aovdnce(s) so made shall he paya.ble ,ina(:(:oIHI...,
<br />,,",nett with the tt~ru~-s ot d promissory note or notes whi.ch may -be't-8,k}EU\_to,
<br />t'vldeu(.t: :SUt:h .adv~ncc(5) or any part. th-e,reof.. (The:, optional, ad\1..n~:e($-)
<br />ht;"rein author iitt!'U _qh.:dl be considered additiona,l to the advanc,e(s) 'here,in...(,:t-,~r
<br />.iuthollzed t,,) b". m':jJ~~ by th-e AS!ilgnee for the protection of the sc,curity or
<br />A~sigt~de's Inler~Sl ther~in}.
<br />
<br />t!H5 As~igf'.m-cnt tv be. \,i{j..ld upon the payment in full with i.nterest. of any ohli-
<br />gdt.Qns,! prt-Sl;.':nt Gr turUfi..'. s-t.~curc-d or to be secured hereby.
<br />
<br />By
<br />
<br />
<br />ily
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<br />S tJ, t. ~ l.tt
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<br />>..t;l..-,j:..J..nt,-~
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<br />~~0untv oi
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<br />H<':lll
<br />
<br />~f:it?r{; mi':'.
<br />
<br />1.(,L-<>. ;:-;~lbIH." qti:dU ied f(H Silid county. perfion~dly (am.,!
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<br />.'lc. b~n'W 1 ~-d!e-~~ : he
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<br />€'x""{.u~, i-;;.;.n thl;n~!)! f:c,
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<br />t h.-:,>.t, r
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<br />\.'ol~~nr:3,ry
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<br />and
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<br />ng
<br />de<:d.
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<br />1Wi1.n~"t~ rny h'fi:ld ,1n-:J nul ');I ~~li
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