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<br />State of Nebraska
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<br />Space Above This Line For
<br />
<br />ASSIGNMENT OF LEASES AND RENTS
<br />
<br />1. DATE AND PARTIES. The date of this Assignment of leases and Rents (Assignment) is
<br />04.2].2007 , The parties and their addresses are:
<br />ASSIGNOR: COMMERCIAL VESTING . for DOWNTOWN CENTER. LLC
<br />308 N LOCUST
<br />GRAND ISLAND, NE 68801
<br />
<br />o Refer to the Addendum that is attached and incorporated herein for additional Assignors,
<br />LENDER: DUNDEE BANK
<br />BRANCH OF SECURITY ST A TE BANK
<br />5015 UNDERWOOD AVE
<br />OMAHA,NE 68132
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<br />Received - DIANE L, BATTIATO
<br /> RegIster of Ueed~., [h)IJqla:-o COIJnty. hiE
<br /> 6/81200710:05:18-83
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<br /> 37, ~o
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<br />2. ASSIGNMENT OF LEASES AND RENTS. For good and valuable consideration, the receipt and sufficiency of which is
<br />acknowledged, and to secure the Secured Debts and Assignor's performance under this Assignment, Assignor
<br />irrevocably assigns, grants and conveys to lender as additional security all the right, title and interest in the following
<br />(all referred to as Property).
<br />
<br />A, Existing or future leases, subleases, licenses, guaranties and any other written or verbal agreements for the use
<br />and occupancy of the Property, including any extensions, renewals, modifications or replacements (all referred to
<br />as Leases),
<br />
<br />B, Rents, issues and profits (all referred to as Rents), including but not limited to security deposits, minimum rent,
<br />percentage rent, additional rent, common area maintenance charges, parking charges, real estate taxes, other
<br />applicable taxes, insurance premium contributions, liquidated damages following default, cancellation premiums,
<br />"loss of rents" insurance, guest receipts, revenues, royalties, proceeds, bonuses, accounts, contract rights, general
<br />intangibles, and all rights and claims which Assignor may have that in any way pertain to or are on account of the
<br />use or occupancy of the whole or any part of the Property.
<br />
<br />C, The term Property as used in this Assignment shall include the following described real property:
<br />LOT 8, BLOCK 56, GRAND ISLAND ORIGINAL TOWN, HALL COUNTY, NEBRASKA; AND THE NORTH 67,5 FEET OF LOT 5, BLOCK 55, GRAND ISLAND
<br />ORIGINAL TOWN, HALL COUNTY, NEBRASKA; AND THE NORTH 68 FEET OF LOT 1, ALL OF LOT 2 AND THE EAST 112 OF LOT 3, BLOCK 56, GRAND
<br />ISLAND ORIGINAL TOWN, HALL COUNTY, NEBRASKA; AND THE NORTH 22 FEET OF THE SOUTH 64 FEET OF LOT 1, BLOCK 56, GRAND ISLAND ORIGINAL
<br />TOWN, HALL COUNTY. NEBRASKA; AND THE NORTH 22 FEET OF THE SOUTH 42 FEET; AND THE WEST 6 FEET OF THE SOUTH 20 FEET OF LOT 1, BLOCK
<br />56, GRAND ISLAND ORIGINAL TOWN, HALL COUNTY, NEBRASKA; AND THE SOUTH 20 FEET OF THE EAST 60 FEET OF LOT 1, BLOCK 56, GRAND ISLAND
<br />ORIGINAL TOWN, HALL COUNTY, NEBRASKA.
<br />
<br />III
<br />
<br />NEBRASKA ASSIGNMENT OF LEASES AND RENTS (NOT FOR FNMA, FHLMC, OR VA USE AND NOT FOR CONSUMER PURPOSES)
<br />
<br />
<br />~ @2001 Bank." Syst.ms, Inc., St. Cloud, MN Form ASMT-RENT-NE 51112002
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