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Loan No: 3408320944
<br />ASSIGN Cantin ed)RENTS � Q i� U 7 6� i page 6
<br />parties as tn the matters set forth in this Assignment. No alteration of or amsndment to this Assignment shali be effective unless
<br />given in writing and signed by the party or parties sought to be charged or bound by the alteration or amendment.
<br />Caption Meadings. Caption headings in this Assignment are for convenience purposes only and are not to be used to interpret or
<br />define the prvvisipns of this Assignment.
<br />Governing Law. This Assignment will be governed by federal law applicable to l.ender and, to the extent not preempted by federal
<br />law, the laws of the State of Nebrnska without regard to its conflicts of law provisians. This Assignment has been accepted hy
<br />Lender in the State of Nahraska.
<br />Joint and Several �iability. All obligations af Borrower and Grantor under this Assignment shall be joint and several, and all references
<br />to Grantor ahail mean each end every Grantar, and all references to Borrower shall mean each and every Borrower. This means that
<br />each Grantor signing below is responsible for all obligations in ihis Assignment. Where any one or more of the parties is a
<br />corporation, partnership, limited liability company or similar entity, it is not necessary for Lender to inquire into the powers of any of
<br />the officers, directors, partners, members, or other agents acting or purporting to act on the entity's behalf, and any obligations made
<br />or created in reliance upon the prnfessed exercise of such powers shall be guaranteed under this Assignment.
<br />Merger. There shall be no merger of the interest or estate created by this assignment wi#h any other interest or estate in the Property
<br />at any time held by or for the benefit of Lender in any capacity, without the written cansent of Lender.
<br />Interpretation. (1) In all cases where there is more than one Borrower or Grantor, than all words used in this Assignment in the
<br />singular shall be deemed to have been used in the plural where the context and constructipn so require. (2) If more than one person
<br />signs this Assignment as "Grantor," the obligations of each Grantor are joint and several. This means that if Lender brings a lawsuit,
<br />Lender may sue any one or mpre nf the Grantors. If Bprrpwer and Grantor are not the same person, l.ender nsed nvt sue Borrower
<br />first, and that Borrower need not be joined in any lawsuit. (3) The names given to paragraphs or sections in this Assignment are for
<br />convenience purpases only. They are not to be used to interpret or define the provisions of this Assignment.
<br />Np Waiver by Lander. Lendsr shall not be deemed to have waived any rights under this Assignment unless such waiver is given in
<br />writing and signed by Lender. No delay or pmission qn the part ot Lender in exercising any right shall operate as a waiver of such
<br />right or any other right. A waiver by Lender nf a provision of this Assiynment shall not prejudice or constitute a waiver pf Lender's
<br />right otherwise to demand strict compliance with that provision nr any other provision of this Assignment. No prior waiver by Lender,
<br />nor any course of dealing be[ween Lender and Grantor, shall constitute a waiver of any of Lender's rights or of any of Grantor's
<br />obtigations as to any future transactions. Whenever the consent of Lender is required under this Assignment, the granting of such
<br />consent by Lender in any instance shall not constitute continuing consent to su6sequent instances where such consant is required and
<br />in all cases such consent may be granted or withheld in the sole discretion of Lender.
<br />Notices. Any notice required to be given under this Assignment shall be given in writing, and shall be effective when actually
<br />delivered, when actually received by telefacsimile (unless otherwise required by law1, when deposited with a natipnally recognized
<br />overnight courier, or, if mailed, when deposited in [he United 5tates mail, as first class, certified ar registered mail postage prepaid,
<br />diracted to the addresses shown near the beginning of this Assignment. Any party may change its address for notices under this
<br />Assignment by giving formal written notice to the other parties, specifying that the purpose of the notice is to change the party's
<br />address. For nptice purposas, Grantor agrees to keep Lender informed at all times of Grantor's current address. Unless otherwise
<br />provided nr required by law, if thera is more than one Grantor, any notice given by Lender to any Grantor is deemed to be notice given
<br />to all Grantors.
<br />Powers of Attomey. 7he various agancies and powers of attorney conveyed on Lender under this Assignment are granted for
<br />purposes of security and may not be revoked by Grantor until such time as the same are renounced by Lender.
<br />Severability. If a cour# of competent jurisdiction finds any provision of this Assignment to be illegal, invalid, or unenforceable as to
<br />any person or circumstance, that finding shall not make the offending prpvisian illegal, invalid, or unenforceable as to any other person
<br />or circumstance. If feasible, the offending provision shall be considered modified so that it becomes legal, valid and enforceable. If
<br />the offending provision cannot ba so modified, it shall be considered deleted from this Assignment. Unless otherwise required by law,
<br />the illegality, invalidity, or unenfprceability af any provision of this Assignment shall not affect the legality, validity or enforceability of
<br />any other provision of this Assignment.
<br />Successors and Assigns. Su6ject to any limitations stated in this Assignment on transfer of Grantor's interest, this Assignment shall
<br />be binding upon and inure to the benefit of the parties, their successors and assigns. If ownership of the Property b�comes vested in
<br />a person other than Grantor, Lender, without notice to Grantor, may deal with Grantor's successors with refprence to this Assignment
<br />and the Indebtednass by way of farbearance or extension without releasing Grantar from the obligations of this Assignment or liability
<br />underthelndebtedness.
<br />Time is of the Essence. Time is of the essence in the performance of this Assignment.
<br />Waiver of Homestead Exemption. Grantor hereby releases and waives all rights and benefits ot the homestead exemption laws of the
<br />State of Nebraska as to all Indebtedness secured by this Assignment.
<br />Waiver of Right of Redemption. NOTWITHSTANDING ANY OF THE PR�VISIONS 70 THE C�NTRARY CpNTAINED IN THIS
<br />ASSIGNMENT, GRANTOR HEREBY WAIVES ANY AND ALL RIGMTS OF REDEMPTION FRQM SALE UNDER ANY OR�ER OR
<br />JUDGMEN7 QF FORECLOSURE UN GRANTOR'S BEHALF AND ON BEHAI.F OF EACH AND EVERY PERSON, EXCEPT JUDGMENT
<br />CREDITQFiS QF GRANTQR, ACQUIRING ANY INTER�S7 IN OR 71TLE Tp THE PROPERTY SUBSEQUENT TO THE DATE OF THIS
<br />ASSIGNMENT.
<br />DEFINITIONS. The following capitalized words and terms shell have the following meanings when used in this Assignment. Unless
<br />specifically stated to the contrary, all references to dollar amounts shall mean amounts in lawful money of the United States of America.
<br />Words and terms used in the singular shall include the plural, and the plural shall inctude the singular, es the cantext may require. Words
<br />and terms not otherwise defined in this Assignment shall have the meanings attributed to such terms in the Uniform Commercial Code:
<br />Assignment. The word "Assignment" means this ASSIGNMENT OF RENTS, as this ASSIGNMENT OF RENTS may be amended or
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