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<br /> �,}Iw,�.,»g: [�nr*nmF!n�i. �SSIL,iNMEN'�' OF LEABE
<br /> ° " ' , FOR ANp IN CONSIDEItATION of the swn o� Ane Hundred Forty
<br /> L`��"":'' ` � �• Thouannd and No/�00 Dollars ($140,000.00) loened to the under-
<br /> .. •� eiqned, NORWEST BANK NEBRASRA, NATIONAL A380CIATION, TR�JSTEE OF �_ __�-- _
<br /> THg LAWRENCE W. HAKE IRREVOCABLE TRUST, hereinafter referred to
<br /> ae ��Aseignor", does hereby sell, assign and transfer unto THE
<br /> � �� pVERLAND NATioNAL BANR oF (3RAND ISLAND, hereinafter referred to
<br />�, � '' � as "Assiqnee", all of its right, title and interest in and to a
<br /> � ' Lease Agreement dated June 1, 1980 with Uraloqical Associates of
<br /> � Orand Island, P.C. , a Nebraska corporation, as Tenant of the
<br /> improventents loaated upon and that real estate leqally described --�
<br /> aes
<br /> Lot One (i) , Medical Park Fourth Subdivieion, Hall y��
<br /> . Coun�y, Nebraska.
<br /> ' � ' SAID AS$IGNMENT HY THE UNDER3I(3NED ASSI(3NOR IS MADE SUBJECT �' �_�
<br /> . . TO THE FOLLOWING TERM3 AND CONDITIONS: —
<br /> ,_'�
<br /> � 1. Thie Assignment is given to secure the payment of the � � �"-
<br /> indebtednesa described above and as security fcr auch other swns . .
<br /> as may be hereafter advanced by Assiqnee to or far the benefit of ;;.;:�:;.
<br /> gn rovided, however, that in the event all indebted- •ti'�`"'����
<br /> the Assi or; p r'"�,:;:
<br /> ness owing from the Assignor to the Assignee is well and truly , . . , _.
<br /> , � paid, then thie Aesignment shal l be vcid, othes�vise to remain in `"��- �;;'�,�
<br /> ' � full force and effect. Y r�.��
<br /> . �.` : ` ' -r�8i��_
<br /> ��.__
<br /> __�:�_- _, 2, it is the intention and agresment og the Assignor that �_�.k,••�r;�,��
<br /> .. '�;� this Assiqnment shall also secure eny future advances made �o �__�-- . - --ti
<br /> Assignor by Assiqnee and any and all indebtedness in addition to
<br /> the amount atated above which said Assignor may owe to said _
<br /> Aseignee, however evidenced, whether by note, book, account or '
<br /> , • otherwise. The undersigned also agrees that this Assignment ����" � �`
<br /> � shall secure all costs, charqes and expenses reasonably inaurred �
<br /> or paid by Aesignee, including reasonable attorney fses, because : :,,
<br /> � of the failure c# the undersigned to comply with the terme of the ;�, , .�.,,..
<br /> Notes evidencinq such indebtedness or this Aseiqnment. � . ......-,,..��
<br /> 3. So long as Assignor shall not be in default of the pay- ' , •:=-�„�,-,
<br /> - ments due to Assignee in respect to indebtednese owing or in the ,.,,,,;,
<br /> performance of the requirements of any instrument of security .
<br /> which may secure such indebtedness, Assignor shall be entitled to
<br /> collect and retain for its benefit all rents, from time to time
<br /> . accruing and received in respect to the Real Estate Lease herein --�
<br /> as�igned as security. ;;�`���"'!°�-'
<br /> j 4. Upon default in the payment of any sum due in respect to . "''•4""r �•
<br /> the indebtedness secured hereby or in the perfarmence of the .
<br /> requirements of any instrument of security which may secure euch �_
<br /> indebtedness, the Assignee may give immediate notice of this
<br /> • � ,; aseignment to the Tenant under such Lease and shall, from and
<br /> after the date of euch notice, be authorized to receive and col-
<br /> lect all such rente as may thereafter accrue and be due and pay-
<br /> � . able to Assignor under the terms thereof.
<br /> � 5. The Assiqnor represents and warrants to the Assiqnee �
<br /> . that the assigned Real Eetate Leaso and rents therein provided
<br /> , has not been previously transferred or encumbered.
<br /> 6. The Assignor will not, without the prior written consent
<br /> of the Assignee, agree to or consent to or permit any amendment,
<br /> . modification, termination, assiqnment of or subletting under the
<br /> j Real Estate Lease herein asgiqned as securiiy.
<br /> 7. All control and dominion over the riqhts and remedies of
<br /> the Assignor as owner set forth in the Real Estate Lease hereby
<br /> assigned as security are transferred to the Assignee except that
<br /> the Assignee may in writing specifically authoz�ize the Assignor
<br /> ! to act with respect thereto.
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