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<br />CONDITIONAL ASSIGNMENT OF LEASE A5 ADDITIONAL SECURITY <br />Floyd A. Gearhart and Etta S. Gearhart, each in his and her own right <br />and as the spouse of each other, Assignors, do hereby assign to The <br />Equitable Building and Loan Association of Grand Island, Assignor, <br />as additional security for payment of a loan made to Assignors <br />by Assignee in the amount of Thirty-Two Thousand {$32,000) <br />Dollars, the Lease dated September 17, 1979 for the <br />following described premises: <br />Lot Seven (7), having a Lake front footage of <br />$6 feet, situatad on the East side o` the West <br />portion of Kuester Lake, and being on a part of <br />the E'~SW~ in Section 13, Township 11, Range 9, <br />in Hall County, Nebraska, bounded on the Easterly <br />side by the common road; such lot is as shown an <br />a plat Ln the possession of the Lessor.. <br />Tt is understood that .if the Assignors pad said indebtedness of <br />$32,000.00, with interest and according to the provisions of the <br />bond and financing statement given by thorn to Che Assignee, that <br />Chis Conditional Assignment of said Iease will thereafter be <br />null and void and of no further farce or effect. <br />Dated this 17th day of September, 1979. <br />~~ <br />~` ~_3 ri <br />h - - - m~ <br />- c~~ ~~ ~r~srt <br />~,;~ ~ ~~ <br />Etta S. Gear tart <br />STATE OF NEBRASKA ) <br />ss. <br />COUNTY OF kiALL } <br />Before me a Notary Fublic qualified in said county, personally cane <br />Floyd A. Gearhart and 'rutCa S. Gearhart, as joint tenants, and who <br />a,re known tc~ me to be the identical pc~rsans whose names are so <br />affixed to the foregoing Conditional Assignment of Lease aizd they <br />acknowledgad their execution thereof Co be their voluntary act and <br />deed for the purxsases therein set forth. <br />Witness my hand and notarial seal the date last above written. <br />My Notaxial-Ganissi.~an expires February ~, 19$0. <br />`,> ~ <br />.~trrr•aaer. Notary~~c <br />~~~ <br />arm r~,,w+~, ~+~a <br />