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<br /> ' �QJ:I-AT�RB►LAS:,�LS'rI�iY1 •�..NT o� .,-ASF
<br /> FOR AND IN CONSID1�tt.ATI(2N of die suen of TWD HUNDREO TWENTY FQUR TNOU5kND
<br /> Dulltus($_.??4.000. (a�ed or to be loancd ca the unders�Kxted,
<br /> .r Mrn n Mnnnr nnnrn uu �+nr n��n rrrt � n M � �^u�n �
<br /> ��it�rt ,� �• r�ei.;�f• �.r�n�n_��u��in� ntvu .i t L•.�.n �•� �-�-u�n ..
<br /> hereinafter refarred to as "Assignor",do hereby sell,assign and transfer unto HOM� �
<br /> FEDERAi.SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND,hereinafter
<br /> referred to as"Assignee",all of Assignor's right,tide and interest i�n and to a Lease far
<br /> Reul Property dated m�Y 30 , 19�swherein
<br /> ��s T(�FI IRANGE ASSOCYA'[F,�, zNC. Is identified as che Tenant iu
<br /> respect to a portian of that real estate legally described as:
<br /> LOT THREE (3), COm�iERCIAL INDUSTRIAL PARK SEC�ND 5UB[IIVISION IN T'HE CITY QF GRAND
<br /> ISLAND, HALL C , � 2)
<br /> AN[l THF Nf1RTHF. . _, , SECONO
<br /> SUBDIVISIOV� I , � ,-fi8t�'ET4iEf�-bdITH
<br /> THAT TRACT OF L.".."'-�"-����*T.*�*'_T"�*=< 'FHR��R�--�-�-���F�A6E °^"^ *^� rnmmERCIAL
<br /> INDUSTRIAL PAR ANCE.�10 6�5�,_...mnRF aaRTICULARLY
<br /> . �ESCRIBED AS THAT PAFtT�OF�_EI3�[�TAGE�QAD ABUTTING UPON T'HE EAST 50 FEET, OF 15.240
<br /> mETERS, OF LOT 2 ANU ALL OF LOT 3� COmmEF►CIAL INOUSTRIAL PARK SECONO SUBDxUISI�N
<br /> IN THE CITY OF ��I�p����.���il��j,���NED ASSIGNOR IS MADE
<br /> SUHJECT TO THE FOLLOWING'TF,RMS AND CONDITIONS:
<br /> 1. This Assignment is given to secure the paynzent o�the indabtedness described
<br /> � ah�vP anci ac cecnritv f�r ciich�ther sumc aa mav he hereaf3er advanced bv Assi¢nee to.
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<br /> . or for the benef t of,Assignor;provided,however,that in the event all indebtedness
<br /> owing from Assignor to Assignee is well and t�vly paid,then this Assignment shall be
<br /> void,otherwise to remain in full force and efFect.
<br /> ' 2. It is the intentiom and agreement of Assignor that t}us Assigmment shall also
<br /> � secur�any future advanc�s made to Assignor by Assignee and any s�nd all indebtedness in
<br /> . addition to the s�nnount stated ab�ove wlrich said Assignor may ow�to said Assignee,
<br /> � however evidenced,whether by iiote,book,account or otherwi�e. The undersigned also
<br />_� agrees that this Assignment shall secure all costs,charges and expenses icascynably
<br />, � incurred or paid by Assignee,including reasonsble attorney fecs,becausc of the failure of
<br /> , the uadersigned ta comply with the terms of the Notes evidencing such indebtedne�s or
<br /> , this Assigruncnt.
<br /> 3. So long as Assignor shall not be in default of the payments due to Assignee in
<br /> n n.� _�.
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<br />' instrwnent of sccurity which may secure such indebtedness,Assignor sh�ll be entitled to
<br /> collect and retain fox his benefit all rents,from tirne to tinie accn�ing and received in
<br /> respect to thc Real Estate Lease herein assigned as security.
<br /> � h. Upon default in the payment of any suan due in respect to the in�debtcdness
<br /> � secured hereby or in the performance off the re�uiremcnts of any instcument of security
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