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WHEN RECORDED MAIL TO:
<br />Five Points Bank
<br />Stolley Branch
<br />3111 W. Stolley Pk. Rd.
<br />PO Box 1507
<br />Grand Island, NE 68802
<br />0)
<br />FOR RECORDER'S USE ONLY
<br />FIVE PoINTs BANK
<br />11111111111111101101.11°19!1,11,101111 J11,!1111111!11110 1!1 I NOD II II II II
<br />ASSIGNMENT OF RENTS
<br />THIS ASSIGNMENT OF RENTS dated September 13, 2019, is made and executed between LA
<br />RENTALS, LLC, A LIMITED LIABILITY COMPANY, whose address is 2228 SUNRISE AVE,
<br />GRAND ISLAND, NE 68803 (referred to below as "Grantor") and Five Points Bank, whose
<br />address is 3111 W. Stolley Pk. Rd., PO Box 1507, Grand Island, NE 68802 (referred to below
<br />as "Lender").
<br />ASSIGNMENT. For valuable consideration, Grantor hereby assigns, grants a continuing security
<br />interest in, and conveys to Lender all of Grantor's right, title, and interest in and to the Rents
<br />from the following described Property located in HALL County, State of Nebraska:
<br />THE EASTERLY FIFTY FIVE (55) FEET OF LOT ONE (1) AND THE WESTERLY TWO (2) FEET
<br />OF LOT TWO (2), BLOCK TWO (2), WESTERHOFF'S FIRST SUBDIVISION, IN THE CITY OF
<br />GRAND ISLAND, HALL COUNTY, NEBRASKA EXCEPTING THEREFROM THE NORTH
<br />THIRTY FEET (30') HERETOFORE CONVEYED TO THE CITY OF GRAND ISLAND FOR
<br />STREET PURPOSES.
<br />The Property or its address is commonly known as 3019 WESTSIDE STREET, GRAND ISLAND,
<br />NE 68803.
<br />CROSS -COLLATERALIZATION. In addition to the Note, this Assignment secures all obligations, debts and liabilities,
<br />plus interest thereon, of either Grantor or Borrower to Lender, or any one or more of them, as well as all claims by
<br />Lender against Borrower and Grantor or any one or more of them, whether now existing or hereafter arising, whether
<br />related or unrelated to the purpose of the Note, whether voluntary or otherwise, whether due or not due, direct or
<br />indirect, determined or undetermined, absolute or contingent, liquidated or unliquidated, whether Borrower or Grantor
<br />may be liable individually or jointly with others, whether obligated as guarantor, surety, accommodation party or
<br />otherwise, and whether recovery upon such amounts may be or hereafter may become barred by any statute of
<br />limitations, and whether the obligation to repay such amounts may be or hereafter may become otherwise
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