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4 '"` AAViiii;R i4JG:UAe ~i. FaiY~.41`itiC i~ iCi'~R®F .i /~ ir_ consideration and as-security for loans made by The Orverland National Bank of Grand Island. Grand Island, Nebraska, 1 hdreirafter referred to as "Le2lder", and as evidenced'by a I promissory note (s) in favor ~o£` fibs Overland National Bank of Grand Island, Grand Island, Nebraska, a>!ad executed by the under-^ signed,: and sash os them her~na~ter referred to as "'Borrower", we- ~aereby covenant and agree with Lender as follows: 1. The real pragerty referred to herein is located in County of xai~ , State o N raska, and As escribed as fellows: Lot 11, Block 1, ~enkinson Subdivision 2. Borrower hereby assigns to Lender all moneys due or to. become due to Borrower as rental or otherwise fos or on account of such real property, reserving unto Borrower the right to collect and retain any sash maneys prior to Borrower's default and under the terms of the loan described above; 3. Borrower will not create ar permit any lien ar any encumbrance. tother than those presently existing) to exist on said real pragerty or will not increase present encumbrance and with not. transfer, sell, assign. or in any aaanner dispose of"sand real property of any interest therein without the. prior written consent o£ Lender; 4. Lender is hereby authorized and. permitted.. to cause: this instruaaent to be recorded at such time and i:n such places as Lender at its option may elect., 5. In the-event. that the Borrower shall sell. or enc~~4e_* said property in violation of this agreement, the Lender at its option, and without further notice, away declare the entire indeb- teclness o£ the:BOrrower to the Lender inmiediately due. and. payable, -and the Lender may pursue any remedy available to it, whether in Iaw or in equity, to-enforce collection of all sums due and owing to it. Dated this ...18th day. of .7anuary ,/;: 192 . ,; ,y~j6 ..~ " / ' Larry Mlle Carol NSiley- STPITE CAF NESP~SICA ~ ss: QOU2iTY QF HAIsL The foregang instrument was acknowledged before me this. 18tH day of Januaru ' 19'82... by Larz,,v„ D P'ti.le~ ana iarn' Mi 1 r»u-. `f ;iy coasAnission expi,zea: _ w~~.' ..-„~,~-f~°`-%' ta~twwr-~.~' Axo'tary Public t MUD L ~ftM ~i M~ O~cm. ~..YM 9. }Mt ~.