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<br /> I 96�9.�/1��
<br /> � �� NORWEST BANK N�BRASKA,NATIONAL ASSOCIATlON ASSIGNMENT OF
<br /> ` ���S tEASES AND REN7' _
<br /> �
<br /> � i iia ASSiyii�r�er)f,�7�a:fc t,4is 1� ��y�f__February_ . �9 9b by rurd
<br /> bet�n RONALD E� GREXA AND TERRI�L. GREXA
<br /> ("Assignor'),and NORWES7'BANK NEBRAS!(A,14ATIONAL ASSOC/ATlON ('Assignea'7.
<br /> 6ylTNESSETH:
<br /> It is agreedas foNows:
<br /> �, pefinitions. As used in ihis Ag�eemeni:
<br /> A. 'Mortgaqe"shal/mear� ihat certain Dee�of Trusi in the principal sum
<br />. p/$ L&.Q��.00 �/afE�l��hrt a y 13 192��,
<br /> execu:ed by NORWEST BANK NEBRASKA, IWTIONAL ASSOCIATIQ�tas Tiustor, io NOA�'VEST BANK
<br /> NEBRASKA,NATIONAL ASSOCIATION,as Beneficiary,upon the real estate and improvements
<br /> deacribed in Exhibrt "A'; which is7[l��and by this refeience incorporatPd herein.
<br /> belo�
<br /> B. "Noie"shall mean that eenain natz secured by ihe S 28.000.00
<br /> Deed of Trusi,exeruE�d e�niem.poraneousfyo i�erawiih by RONALD E. GREXA AND TERRI L.
<br /> `] GRExA as make�,arre':U�ftWEST BANK NE6R,ASf.'A,
<br />,�� hAT/ONAL ASSOClATION,as�ayee,and secured by iha Deed of Trusr.
<br /> C. "Loan"as hereinafier�rssd,shal/mean ihe/oan in ahe a�nt of 528,000.00
<br />. � as evidenced by the note aad secured by the O�d of Tiust,as w+el!as any Q,her
<br /> - securir,�instruments.
<br /> �
<br />_� 11iQJU, THEREFORE, for an�i in consi�eration of rhe makr'ag arsc�funding of sa�Loarr,and for
<br /> __ oiher gc*c�d and va/uable consiceration,�he receipf whereof is hereby ack�o►aledged,Assignar,for itse/f,
<br />-= irs successors,persona!represenfarives,heirs and assigns,has bargained,soJd,rraruferrea►,ass��ned,
<br /> � conveyed,set overand delivered,and by these presenrs does hereby bar�.rain,se/l, rra»sfer,assign,and
<br /> '� convey as secuiiiy for ihe�epaymenr of the abou�e described indebredn�ss and the paymsnr and per•
<br /> - formance of a/i of the terms and eandi[ions of ihe IVote pnd Mongage evidencing the same,and an y
<br /> .i I..�I.w l�ee��ne n�u Y A A orar��t,wlaffw_r.tina
<br />- - �1101lIJ!J!/!F!!!V/%ICIIiJ'�clitcii�itlir5 aiw TvTa'ria��.��v�vf�.°.�. n �t�}..��_l_..---'--
<br /> , ihe Mortgageal Premises,and all rents,issues,profits and income and wms of money which may now
<br /> � or hereafier be or become due and owing underand by vinue of said leases,ii being the intention
<br /> � hereby to estab/ish a comp/eie transfer and assipnmeni of the/eases hereby assigned and all the avai/r
<br /> - thereunder unto ihe Assignee,lrs successvrs and assigns,iogether wiih ihe�ight,bui witho�t the
<br /> = obligation,to co/lect al!of rhe said renis,issues,profits and income�rising or accruing,or which may
<br /> T- be�come dueaisny[ime during the life of this Assignment.Assignor furtheragrees,upon demand
<br /> - thereof, to deliver to and dsposit sard leases w:rh Assignee.
<br /> '_ Auignor hereby designaies,consritures and appoinis Assignee,its successors and assigns, wiih
<br /> fullpow�er of substitution,its trueand/awful attorney with power for it and in its name,place and
<br /> siead,for in th�name of AssigrreE So ask,demand,co!lect,rc+ceive,receipt and give ful/and com-
<br />._; p/ete acquittances for any and a1l renrs, issues.orofirs and income hereby assigned which may become
<br />"-' due and payab/e by lessees or other occuparris of the Mongaged Pre�nis�s;and at its discreiivn to fi/e
<br />—i any claim or take any oiher aciian or proceeding to make any senlement of any claim,either in its
<br /> own name or in the name of Assignor,or orheiwise,which the Assignee,or any successa may d�eem
<br /> � desirable rn order to collect and enforce the payment of any and all rents,issues,Rrofiis and income
<br />�� herein assigRed. The I�ssees and occupanrs of the Mongaged Premises,or an y pan hereof,are hereby
<br />= expressly aurho�ized and direcred io pay afl renis and sums he�ein ass�;,ned which wou/d be p:yab/e
<br />•y' io Assignor,except for this Assi9nment, to ihe Assipnee,and to trarsurrit and de/iver such payment
<br /> - to the Assignee orsuch nominee as it may designate in writing,delivered ro and r�eived by such
<br /> _- lessee or occupani,who is expressly relieved ofany and all d�ry,Iiatriliry or of�fiqatien to thn
<br /> �r Assignor in respe+ct of a!/payments so made.
<br /> '
<br /> - Assignee sh.�f�fie,and hereby is,vested with fu/l power io use a!f such measures,legal and
<br /> ,�� equrta�!e,as in its discretion may be deemed necessary w proper ro enforce rhis Agreement and
<br /> to ca/lecr the rents,issues,profits and income assigned hereunde�,including ihe righr ro enrer upon
<br /> '=-� the piemises and[a rake possession ihereof a�d Assignor he�eby grsrris full pow�er and authority
<br />._; � io the Assignee to exercise aN iights,privi/eges and pow+ers herein gronied at any and a//times here•
<br /> :1 aher,without noitt�to Assignor,with ful/pow�r to use and app/y a/�of the rents,issues,p�ofiis and
<br />;;z;�, income herein assigned to the paymenrs ofany indebiedness or liabiliry of the Assignor to rhe
<br />`:��'`� Assignee,in such order as Assignee may derermine.
<br /> � EXHIBIT "A•'
<br /> a
<br /> � The South One-Ef�T€ of the North One-Third (S-1/2 N-1/3) o� Lot Eight (8), Block
<br /> Sixty-Four (64), Original Town of Grand Island, Hall �our�t, , Nebraska
<br /> I
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