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<br /> ( ASSIGN�i9�N'T �F L��ASES AND R�i�TS �
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<br /> , THIS ASSIGNMENT,made this 26th day of J�'��' 19��---' �'
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<br /> � by , Pegyy L. Fae, a single pe.rson - - �
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<br /> . J residiny at or having an offiGe at 1104 V�st Division , Grand Island. I� 68801 � �
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<br /> (herein catled"Asalgnor"),to FirsTier Bank,Natiunal Association,Omaha,Nebraska having ['�-
<br /> its principal office at Omaha,Nebraska(hereln called"Assignee"�,
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<br /> WI7NESSETH: �'-
<br /> FOA VALUE REGEIVED,Assignor hereby grents,transiers and as.s�gn�to thz Assiflnee atl of the right,Gtla and
<br /> interest of Assi�nor in a�d to any and all leases andother tanancies naw or hereafter mada an�r with raspectto the real estute f„
<br /> located in F� ���' ���'� and more particulnriy described
<br /> � inSchedutaAhereof,whichrealestates�a9lberete�redtohereinafteras'Premises'.m�.lu�fi�,butnotlimitedtothatcertatn ��
<br /> , . .
<br /> Lease orthose ce�tain Leases,vvith modifi�atians,if sny,described in�chedule B hereot,coveringthe Pre��nisas;togethe�w(th ` .
<br /> (1)any and all extensions or renewats the�eof,(2)an��and all guaranFees o1 the Lesee's a�ligations�nder any thereof and � .
<br /> under any and aU sxtensions or renewals ot any there�f,and(3�all rents,issues,proiits,revenues,deposits,earnest money ,;
<br /> paymants,rights and benefib now or hereaRer arisi t�m such lease and tenancies or tor the use and occupancy of the
<br /> P;emises,and any and all oxtensions and renewals t!ereot Said leases and tenancies or other�se of the Premises together �__
<br /> . , withanyandallguarantees,moditications,extensians.and�enewalsihereofshallbesometime�hereisiaiterreter�edtoasthe -
<br /> „��.,o�„�g„�
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<br />`�. . �OR THE PURPOSE OF SECUFi�N�: --
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<br />: ;�>^ ONE: Payment and pe�formance ot sach and every debt,Uability and obligaUon of every type and desc�iption __
<br /> �'�. which 14s.�ignor may now or anytime her�asRar owe to Assignee,including,but not limited to,the in�t��o Assignor _
<br /> secured by that ceRain moR�a�e w deed oi trust mado by the Assognor to the Assi9nes dated '��_�-.—' 'S�'
<br /> ` t and recorded o�tv be recorded at or p�ior tothe recor�ding a!thisAssignment,orany ather moR�aye or deed oft�ust hsr�efber
<br /> covering the whole or any part of the P�emises,(whether such debt,Ilability.or ob(igatiun naw axists or is he�eaRer crea�ed or
<br /> � incurred and whether it i�or may be direct or indirect due or to become due,abso�ute or contingen�prlmary or secondary.
<br />: ;. . liquidated cr uniiquidated,or]oint,seva�ral,or joint and several, a!I such debts, liabliities a�d oWt�adons ba�n�herein
<br /> �' .;;,, CoQeCtively refemad to some�trtes as tlte"ObligaUOns"},and
<br /> 1W0: Performance and discharge of ea�h and every obligatlon, covenant and agreernent of Ass�9nor
<br />: �� '� cQntairted herein or in any such mortgage or deed af trust or any note or bond secu�ed thereby,o�i�any obligation or any
<br /> - �-- ���ri�.tnn,mant alven 1n connacdon w�ih anY of ti�e Obll�ationa secured hereby.
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<br />` � l� TO PROTECT THE SECURITY OF THIS ASSlGNMENT ASSIGNOR AG�"+EES. WITH RESPECT TO EACH
<br /> LEI4SE
<br /> 1. To taithfully abide by,periorm and discharge each and every obNgation,covenant and ayraement of tl�a Lesse
<br /> by Lessor to be performad,to 9ive Prompt notice to the Assl�rwe of any noUce of detaufl on the part of Asslgnor wi'th rospect�o
<br /> �� the Laase received nom Lessee or quar�ntor,to�ether with an accu►�and complete coPy of a�ysuch notice:at the wte aoet -
<br /> and expense of Assiflnor�to entorce or secure the periormance of each and�very obli�m�r►,covenanR cor�diiti�on and
<br /> agreement of the I.ease by the Lessee to be pe�formed:rwt to modify or in any way alterthe tertrs oithe Leasa notto�r�Mnale _
<br /> the tenn of the Lease and nat to accept a sur�ende►of the renb thereunder or to wgive,oxcuse,cw�da►e�x in any manner
<br /> ��� reiease or discharpe the Lesaee thereu�der from the obli�ations.covenanb.conditlons and ayree�nenls bytlte Leseee b bs
<br /> por(om�ed,includin9 the obll�atlon to pay the rental called for tl�ereunder in the manner and at the piaco and time s0��
<br /> there+n,and Assi�nor does by tf�ese presents expresssly release.relinquish and surrender utrim the all Aseiprwr's _
<br /> rim
<br />�� right,powerand authority to modiy or 1n any way elter the terms or prov131ons of the Lesse.orLcalermi�ate term a accept s
<br /> surrender thereof,and any attempt on the part of ti�e Assignor to exercise any such riyht wi3hout the wcitben authoriry ar9d _
<br />;::� oonsent of the Assignee thereto being fi�st had and obtained shall constitute a Detauft of the terms heceof�as deRned
<br /> t�er�inafter,entiUin�the Asslgnee to dec�are sU sums secu�ed hereby immediatelY due and payable.
<br /> �� 2 At AssignoPs sote cost artd expense to appear in anc�cfefend any action ar proceeding adsUW under,g�owiny =
<br /> �• out of or in any manner connected with the Lease or the oblisations,du�es or liabilities of dessor,Lessee or yusrantor
<br /> thereunder,a�d to pay ail cost�and expenses of the Assi9nee.includin�attomey's tees in a reasonatrie sum.i�anY sucF►
<br /> ,. .;� action or proceeding in which the Assipnee may appear.
<br /> ��� 3. That should Assiynor fail ta make any payment or to do a�y act as herein Pruvided•then 1he Assl9nee,b++t
<br />�'• ��' without obNyation sa to do and without cu�ce to o�demand on Assignor,and without r Ass�gnor irom any�f�g�a�on
<br /> hereof,may make or do the same in snacts manner and to such exl�nt as the Assignee ma��secessar�►to Pro�t t�e
<br /> sacurity t�reof.inctudinII s��acifl:.ally, withaut limii+�ib genorat pawers,the rir�!to appea;in e�d de�nd ar►v xtia+�a _
<br /> . _- r►�-a:�o�-�,��.�:ssr!�d�_!�.+e
<br /> � proceedinypurportingtoaR�tthesecuriryhereoiortherighborpowersoi�aF�+��,r�ea,a . •o =
<br />"='a pertorm and d�scharge each and every obligation. cavenant artd agraemer+t of Lessor u� tt�e Lease contained:an� �^ _
<br /> exercising any such powers to pay necessary costs and expenses.eroptoY counsel and inc�u ar►d pay reasonabie attareryfs
<br />:A ���. -.
<br /> 4. Topayimmediatelyupondemandallsumsexpendedbytheassigneeundertheauthoriryhereof,togetherwith -
<br /> interest thereon at the highost rate set forth in any of the Obligations secured hereby,and tttie same shall be added W the
<br /> pt��atbns and shatl be secured hereby and by the sald mortgage or deed ot trust -
<br /> 5. ThatAssignorwillnotVansferorcanveytotheLesseethefeetitletothedem:secflPremises,oranypaRti�ereof, _
<br /> untesstha Lesseeassumes in writing and agreesta pay the debt secured hereby in accordarce�rith thetems,covenants and _
<br /> Conditions oi the said noto or bond secu�ed by sald moRflape or deed of Vust =
<br /> � •' �ONSTRlfCT10M SEtlh't1M IIiTEREST
<br />_ This Aflra������f an oWisadon wAith �M TruN�
<br /> r;t:6��� ,�nt� 2� O�Wa incwr�d lor tM eurpoic o� �r�4in9 Newo�M�e'
<br /> on fh� Rwl E�st� ie wh�ch rho Con�rut�bn Suur�
<br /> IN�r�st is 9iwn. ♦ � •
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