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9-178i0ZZ0Z <br />13V2I1S9V '1'J <br />r <br />m <br />-n <br />n z <br />z <br />ri vs=1 <br />(IC'1rrn <br />T c <br />ASSIGNMENT OF LEASES AND RENTS <br />C_ <br />w <br />CD <br />THIS ASSIGNMENT OF LEASES AND RENTS (as the same may be amended, modified or <br />supplemented from time to time, the "Assignment"), dated as of the /OM day of ..10,r)e, 2O.2dL. , <br />from Jammain, LLC, a Kansas Limited Liability Company (the "Assignor"), in favor of Frontier <br />Financial Partners, Inc. (the "Assignee"), for further assignment by Assignee to the UNITED STATES <br />SMALL BUSINESS ADMINISTRATION, an agency of the United States, 801 R Street, Ste 101, Fresno, <br />CA 93721 (the "SBA"), recites and provides: <br />Assignee has agreed to make a loan to Assignor in the principal amount of One Million Nineteen <br />Thousand and 00/100ths Dollars ($1,019,000.00) (the "Loan") to provide fmancing for acquisition of the <br />land described in Exhibit A hereto and the improvements thereon situated in the County of Hall, Nebraska <br />(collectively, the "Premises"). The loan is evidenced by a promissory note of even date herewith (as the <br />same may be amended, modified or supplemented from time to time, the "Note") made by Assignor and <br />payable to the order of Assignee in the principal amount of $1,019,000.00. The Note is secured, in part, by <br />a Deed of Trust dated June 10 2022, filed with the Hall County Nebr: -,a Jgister of Deeds on <br />?� RO2i , at (R)2P- <br />(as <br />the same may be amended, modified or supplemented from time to time), the Deed of Trust from <br />Assignor to Frontier Financial Partners, Inc. Terms defined in the Note and the Deed of Trust shall have <br />the same defined meanings when used in this Assignment. As a condition to making the Loan, the <br />Assignee has required an assignment to the Assignee and any subsequent holder of the Note of all leases <br />(individually, a "Lease," and collectively, the "Leases") of or relating to Assignor's interest in the Premises <br />or any part thereof, now or hereafter existing, and all rents, issues and profits (the "Rents") now or hereafter <br />arising from Assignor's interest in the Premises or any part thereof, all in accordance with the terms and <br />conditions set forth herein. <br />NOW, THEREFORE, for and in consideration of the agreement of Assignee to make the Loan and <br />as ADDITIONAL SECURITY for the payment of the Note, Assignor agrees as follows: <br />I. Assignment of Leases. Assignor hereby assigns, transfers and sets over to Assignee, <br />and any subsequent holder of the Note, all Assignor's right, title and interest in and to all <br />Leases and all renewals or extensions thereof, together with all the Rents, now existing <br />or hereafter arising. Prior to the election of Assignee to collect the Rents upon the <br />occurrence of an Event of Default under the Deed of Trust, Assignor shall have the right <br />to collect and dispose of the Rents without restriction. <br />II. Deliver of Leases. All Leases currently in effect with respect to the Premises have been <br />delivered to Assignee, are in full force and effect as of the date of this Assignment and <br />neither Assignor nor any tenant is in default thereunder. Assignor shall not make any <br />subsequent agreement for the lease of the Premises or any part thereof except in the <br />ordinary course of business in accordance with the provisions of the Deed of Trust. All <br />