52-1506 – Violations; penalty.
52-1506. Violations; penalty. Any person or persons knowingly or willfully violating any of the provisions of sections 52-1501 to 52-1505 shall be punished by a fine of not less than twenty-five dollars nor more than fifty dollars. Source Laws 1913, c. 49, § 6, p. 157; R.S.1913, § 95; C.S.1922, § 103; C.S.1929, § 54-207; […]
52-1601 – Master lien list; Secretary of State; compilation.
52-1601. Master lien list; Secretary of State; compilation. The Secretary of State shall compile lien information relative to liens created under Chapter 52, articles 2, 5, 7, 9, 11, 12, and 14, and Chapter 54, article 2, received by his or her office pursuant to subsection (a) of section 9-530, Uniform Commercial Code, into a […]
52-1602 – Master lien list; distribution or publication; registration to receive or obtain list; fee.
52-1602. Master lien list; distribution or publication; registration to receive or obtain list; fee. (1) The master lien list prescribed in section 52-1601 shall be distributed or published by the Secretary of State not more often than once every month and not less often than once every three months on the date corresponding to the […]
52-1603 – Buyer of farm products; purchase subject to lien; when; waiver or release of lien.
52-1603. Buyer of farm products; purchase subject to lien; when; waiver or release of lien. (1) A buyer of farm products who is registered to receive or obtain the master lien list as provided in section 52-1602 and who, in the ordinary course of business, buys farm products from a seller engaged in farming operations […]
52-1604 – Errors or omissions; exempt from liability.
52-1604. Errors or omissions; exempt from liability. The Secretary of State, all county clerks, and their employees or agents shall be exempt from all personal liability as a result of any error or omission in providing information of such statutory liens except in cases of willful misconduct or gross negligence. Source Laws 1988, LB 987, […]
52-1605 – Rules and regulations.
52-1605. Rules and regulations. The Secretary of State shall adopt and promulgate rules and regulations necessary to implement sections 52-1601 to 52-1605. Source Laws 1988, LB 987, § 5.
52-1701 – Terms, defined.
52-1701. Terms, defined. For purposes of sections 52-1701 to 52-1708: (1) Assignee shall mean the holder, and his or her successors and assigns, of a security interest in rents which has been created, provided, assigned, or granted by an assignor; (2) Assignment instrument shall mean any mortgage, trust deed, assignment of leases, assignment of rents, […]
52-1702 – Assignment instrument; terms.
52-1702. Assignment instrument; terms. An assignment instrument may provide that any or all obligations covered by, described in, or identified by the assignment instrument are to be secured by present, future, or after-arising rents or leases. The obligations covered by, described in, or identified by an assignment instrument may include future advances or other value […]
52-1703 – Security interest; when valid.
52-1703. Security interest; when valid. A security interest in rents shall be valid and binding between the parties to an assignment instrument upon the execution and delivery of the assignment instrument by the assignor to the assignee. Source Laws 1993, LB 14, § 3.
52-1704 – Security interest; perfection.
52-1704. Security interest; perfection. A security interest in rents shall be perfected upon the recording of an assignment instrument with the register of deeds in the county in which the real estate, or any part thereof, described in the assignment instrument is situated. Upon the recording of the assignment instrument, the security interest in rents […]