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81--~~~cr~3~5 <br />-2- <br />It is expressly covenanted and agreed by the undersigned Assignor <br />that at the time of the execution and delivery of this Assignment, <br />there has been no anticipation or prepayment of any rents by any <br />of the tenants occupying the above-described property or by any of <br />the lessees in any of the above-mentioned leases. <br />It is further covenanted and agreed that alI leases or subleases <br />covering all or any part of said premises shall be approved by <br />First National,'it°s successors or assigns, prior to the execution <br />thereof. The execution of any such lease or sublease without first <br />obtaining such approval shall causa said lease or sublease to be <br />void and of no effect and shall constitute a default o~ said Note. <br />Nothing herein contained shall be construed as making First <br />National, or it's successors or assigns, a mortgagee in possession, <br />nor shall First National, or it's successors or assigns, be liable <br />for lathes, or failure to collect said rents, issues, profits, <br />rights, and benefits. <br />IT IS UNDERSTOOD, AND AGREED, that neither the existence of this <br />Assignment nor the exercise of it's privileges to collect said rents, <br />issues, profits, rights and benefits hereunder, shall be construed <br />as s waiver by First National, or it's successors or assigns, of the <br />right to enforce payment of the debt hereinabove mentioned, in strict <br />accordance with the terms and provisions of said Mortgage and Note <br />for which this Assignment is given as additional security. <br />IN WITNESS WHEREOF, the undersigned have executed this instru- <br />ment the day and year first above written. <br />THE FIRST NATIONAL BANK OF GRAND <br />ISLAND, GRAND ISLAND, NEBRASKA, <br />as Trustee of the ABE Trusts and <br />of the J LE Trusts, <br />By <br />ice-Presi ent & Trust O ter <br />r <br />STATE OF NEBRASKA <br />ss. <br />CQiTN'IY OF HALL } <br />The for oing instrument was acknow edged be ore me this~day <br />of ~ 1981, by . ~C%~y.u ~ ,~l -~~,,~~ <br />Vice-fires ent an rust Officer,' First Nations Ra o~- <br />Grand Island, Grand Island, Nebraska, as Trustee of the ABE Trusts, <br />and of the JA[.E Trusts, a Nebraska Corporation, on behalf of the <br />corporation, for the purposes them stated. <br />~--~ ., ~ " <br />:' <br />~~= ~s.~+~~,q~•.-,~,~ Notary Public <br />t F'~Coi~~rt <br />1 Fx~~~+I.s <br />~t~t7f.Ni~~~ <br />f <br />expires : / ° ~~ ~_` <br />