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<br />: !- RBCORDiPIG REQUESTED RY
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<br />F ~t3-- ;x.84
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<br /> RECORDED MAIL TO-
<br />- .AND WHEN
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<br /> ^"''~ 2120 Stntth 72nd Street
<br /> ~«r . Qnatta, NE b8124
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<br />ASSIGNMENT OF RENTS ANQ SECURITY AGR EME T
<br />THIS DEED OF TRUST, ASSIGNMENT OF RENTS AND SECURITY AGREEMENT is ntads as of the,
<br />8th day of March 14 80, by and among NEBRASKA MIL-NIC, INC..,
<br />a Nebraska corporation, (`7rustor"~
<br />wfiose place of business is 2503 Sotst#t lacast, Grand IsLsxtd, Nebraska;
<br />L4WYER5 TI'iZE INSURANCE OORPORATION, a Virginia corporation ,
<br />("Trustee"}, whose place of business is 106 North iaeust, Grand Island, Nebraska, 68801
<br />and airA'cTeiNC, ue%. ,
<br />s ',Nebraska corporation ("Beneficiary") whose peace of business is 2120 South 72nd Street,
<br />90Q Otmha Tower, Omaha, Nebraska, 68114
<br />FOR GOOD AND VALUABLE CONSIDERATION, including the indebtedness herein recited and the
<br />trust herein crtatcd, tfie receipt of which is hereby acknowledged, Trustor hereby irrevocably grants, transfers,
<br />oanveyx and assigns to Trustee, IN TRUST, WITH POWER OF SALE, for the benefit and security of
<br />Hcnaftciary, under and subject to the terms and condiiions hereinafter set forth, the real property, located in the
<br />Ci/y of Grand Island .County of Hall
<br />Start of Nebraska described in Exhibit A attached hereto and by this reference incorporated herein ithe
<br />„nrePcrtY')
<br />TOGETHER WITH, all trots, issuts, profits, royalties, income and other benefits derived from the Property
<br />- Ecolltstivtly the "rents"?, subject Co the right, power and authority hereinafter given to Trusax to a>Itect and ap-
<br />ply such rentx;
<br />TOGETHER WITH, all teasthnid estaia right, title and interest of Truswr in and to aII lases or subleases
<br />covering the Property nr any portion thereof now or hareafter existing or entered into, and alt right, title and in-
<br />€ar~ of Trir~€o€ €ticreunder, including, vfi€hout timi€ation, alt caste or security dap€7sits, advance rentals, and
<br />deposits or payments of similar nature.
<br />= TOGETHER WITH,'aU right, title and interest. of Trua[or in and to all options to purchase or lease the
<br />- P'raptrty or any portion thereof or intsreat therein, and any greater estate in the Property owned or hereafter
<br />acquired;
<br />TOGETHER WITH, all itntrcats, estate or other claims, both in law and in eyuity, which Trustor now has
<br />nr msy hereat€cr acquire in the Preperty:
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<br />TOGETHER WITH, all easements, rights•of•way and rights used in connection therewith or as a means of
<br />acaeas:therein, aad-all tenements, itereditaments and appurteoanccs theroof and therck7, and all water rights and
<br />shares of stock evidencing the same;
<br />Form teed lNrv tl a.7N~
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