81000638 - Laserfiche WebLink

Browse

~.i"~CDI~VUtJ~ COLL.4TT3AL. ASSIGI'~IEtiT qF AGR-E:.%`;` In coaaidsration of Small Business Administration (SBd) approving a loan in the asgsunt of S,~y, n~„ and to induce SBd to disburse said amount to Chs,r ~~n T Il:,:9 ,G6~8a*~ P ri, A AnrtTmSSe~n~ H„ahanrl a„rl W{fa -_ ($OLYOWEr) the purchasers named in as Agreement dated A„g„ar ~ Sortn ..ousting real estate described therein as: Lots One (1), Two (2), Three (3), Four (4), Five {5), Six (b), Seven (7), and Eight (8) in Block Four (4) in College Addition to West Lawn, an addition to the City of Crand Island, Hall Gounty, Nebraska. H wherein ' is'namsd ar Sallsr, said Borrower does here y assi3n an sat over to SBA its successors and assigns, all their right, title and interest in and co said Agreement. T6 HAVE e1b$ TO Hlli.a~,ET?e same from the date hereof during the [eras of the loan referred 6a above; ae car~Aatetai~ securitc for said loan, subject co the following terms and conditions: 1. Borrower shall ac all times hold SBA, its successors and assigns, harmless ;tom any such obligations and from any and all liability which map at any time arise from said Agreement. 2. Borrower agrasa thae they shall not have the power to and will not modify oz termiaata the above described Agrees:eat except by payment is foil, without prior written coasaat of SBA. 3. Ia the sweat of any default on the pare of Borrower on the Note to SBA or any extension or raneral thereof, or any other obligation or agreement made is connection with the aforesaid loan, SBA without notice. may enter into sad tales posaesaioa of said prasis.m. ~. S~ shall not, except La the event that is takes possession of Borrower premises, be under any obligation at any time co perform any of the obligations and duties of Borrower and atoll nos be bound by any of the terms, coc~itlons, provisions and covenants which may be binding upon Borrower under the above described Agzsemant. 5. .Borrower agrees co extend said option in the Agreement coaeained from tench to tenth as required by the terms and conditions of said Agreement and 1n the event the option is exercia~ acid Harrower Purchases said property, they will forthwith eaecuce a first and prior mortgage oa said property to SBA. IIated ~5~1 , 19 ~~ a / . ~.~: " C Sher T. An~rfson Ruth A. Anderson S?.tTE Off NEB KA ) '' J ) SS COOJNlY OP/ ) ~ On thi day of / 19~,,, before me, ch arlei , a :lotary Pubs- nand for aid~County a d State personally appear to sw knows tc be the p a(e) described in and who sad acknowledged the e$scuted the same yC& deed. ~_ •idhs? (SEAT.) ~M-onE,y ttM foregoing instrument voluntary act and e~y cosaciasioe expirAe ~-~ ~- ~y