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<br /> ...�Fl�M ��. xh.�v�'•. _ _ _ °� �}' r� ���,
<br /> �. � � _ _ �1�A _ __ _...
<br /> r h'ORWEST BANK iVEBR�ISKA,NArIONAt'AS�OC/Ar10N �iSSIGNMgNT'OF
<br /> � L EASES AND RENT
<br /> �r�re�wres �+,p���;�yb+
<br /> i QQi7
<br /> ; This Aurgnment,m�rre rhis 8 tlay pf November , �9�_by and
<br /> � 6etw+ee» _���REF -.�.�I.N� ---
<br /> � ("its,siYr,�s'7,and 14�QRL:�EST 8�41��KN�BR�4SKA,II�AFtONAL AS50C1ATIeN("Assignee"1_
<br /> W/TNESSETH:
<br /> It is ayread as fo/lows:
<br /> 1. D�finitians. As used in this Ayreemant:
<br /> A. "Morrgaqe"shall mean tha[cerrain Oeed of Trust in rhe principal sum �9 g6
<br /> Cf� �5,000.00 dated November 8 , ,
<br /> - exacuied by REED AND REED, INC. ,as Trustor, to NURWEST BANK
<br /> NEBRASKA,NATIONAL ASSOC/AT/ON,as Beneficia�y,upan the real estate and improvements
<br /> - described in Exhibii"A';which is�l�Ml�and 6y this reference incorporated herein.
<br /> be3�ow
<br /> B. "Nore"shall mean that cenain nore secured by the$ 35,000.00
<br /> Desd of Tiust,exe+cuted contempor�n8o�sly iharewith by �� � ��D, INC.
<br /> as maker,and NORW EST BANK NEBRASKA,
<br /> � NATlONAL ASSOC/ATI�N,as payee,andsecured by iha Deed of Treisr.
<br /> C "Loan"as he�+einafier used,shall rnean the/oan in ihe amoun[of�3i.ono.00
<br /> ' as evidenced b y rha nnte a�d secured by tfre Deed of Trust,as w+e!/as any other
<br /> secwing instrumants. . . .. .! ...-:,, .
<br /> NOW, THEREfORE,for and in consideiation of 1he making and funding of said Lean,and for
<br /> other yoad and va/uab/e consideratian, ihe receipr wheieof is hereby acknowledged,Asripno�, for itself,
<br /> its successars,parsonal rep�aseniarir+es,hein and assipns,has bargained,sold,transferred,assi9ned, .
<br /> conveyed,sei oHer and de/iv�ered,and by these presents do�s hereby barpain,sel/,iransfer,assign,and
<br /> co»Ney as securiry fa rhe repayment nf theabou+�described indebtedn�ss and the paymentand per•
<br /> famance of a!i of the terms and canditions of the Noie and MongaQs evidensing the aame,and an y
<br /> and ali amendmenrs,exrensions and renewa/s ihereof,aN leares now or he�eafter executed affecting
<br /> thr MongRged Premises,and�!I re�ts,issues, profits a»d Income ano wm,r oi money which may now
<br /> o�hereafter be or be�ome due and owing unde�and by virtue of sa/d/eases,it being the inteniion
<br /> he�eby io establish a comp/ete iranster and�ssi�nment of iha/e�ses hPreby assigned and all the avails
<br /> — ti►ereunder unto the Assignae,its successors and assipns,together with tha righr,bur withour the
<br /> obli9aiion,to co/leci all of the said rents,iswes,profiis and income�rising or accruing,ar which may
<br /> be�ccome due at any time during ihe life of this Asrignment.Assignar furtheragie�es,upon demand
<br />— ihereof,io deliver ro and deposit said�ases wiih.4ssiQ�ee.
<br /> Assipnor her�eby deu�nafes,constituies and appoints Assignee,irs su�ssws and assiynr, with
<br /> full pow+er of substiturion,its irue and/awfu/attorney with por�+er for ii and in its name,Flxe and
<br /> stead,for in the name of.Rssrgrrc�, Ca ask,demand,coNeci,receive,receipt and yive fu/l�nd com-
<br /> p/ete scquettances for an;��T�a10 rents,issues,profrts and income hereby assi�ned wl�ich ma y hecome
<br /> due and payabte by lesr�cu•Qthe�occapants of the Mongag�ed Premises;and at its discretinn to file
<br /> a+�y claim or take any at�r�r action or prxeediny to make any sett/emeni of any claim,either in its
<br /> own namt or in rhe narre of Asriqnor,or other►vise,which the Auignee,or an y succesror may dc�eem
<br /> desirab/e in order to co!lecr and enfarce rha p�ymeni of an y and al1 rents,issues,profitx and income
<br /> — herein assrgneal. The Ipssees and occr�:nts of the Mongaged Premises,or any part hereof,are he�by
<br /> � expressly authorized a.�d dl�ected[a Fay ali rents and sums herein assigned which would be payable
<br /> to Assipnor,excepi far this Assig�menr,ro[ite R�signee,and io transmit�nd deliver such paymeni
<br /> � to the Assignee or sucl��rcurrinee as it may designate in writing,delivered���nd recei�ed by�uch
<br /> /essee or accupant,wira is exp�essly r��ieved o/any and a!!duty,liabi/!ty or obligation to the
<br /> .4ssiynor in respect of a!(R;a ymenis�a rnade.
<br /> _ Assigne�e shalf be,acrd hereby is,vesied with full pow�er io use a//such measures,legal and .
<br /> = equitabfr,as in Tes�iscrorior rnay be deamed rrec2ssar�r ar propsr to onforce ihi�Ag�errrPni and
<br /> — to collect the rents,issues,prolitr and income assiQned hereundei,including the right ta enter upon
<br /> � the premises and to take possessian thereof,and Assipnn�hereby grants f�l1 pownr and authoiiiy
<br />-° to t/re Assignee io exercise alI rights,privileg�es and po�ers herein granted a[any and a!l times he�e•
<br /> � after,withoui natice ro Assignor, with!ul!pow+er to use and apply al/of the rents,issues,profits and
<br /> :� income herein auigned ro rhe po yments oi`a�y indebtedness or liability of the Assignor to the
<br /> s Assignee,in wch o�de�as Assiynee may dete�mine. ,
<br />-`� ESI�IBIT "A"
<br />" f The Center One-Third (1/3) of Lot Three (3), Block Eighty One (81), Original
<br /> ,_�. Towu, now City of Grand Yslaad, �lall County. Nebraska.
<br /> r
<br /> w wru+ho rro+s«�xu
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