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<br /> _-� a�.a��n�+ra�NouaMa iwa uRe�o�veaan�� ci�r ot Gra�l =aiane, d__
<br /> � 'aoe�u.�o�oriu�aT�u►r� wu aaa'►tiY. Ut�boca�lca
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<br /> REan.ATO�r�a��dlmlT l�OR LdMIT�O OISTRIMITi�Ni MORTQA60R�RO��CT: �;;..-
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<br /> : UI101R ili.?!al�N�In 0�Tlle t1�1i0liAl.M01l�pifi ACT.As AN!!IQlD -"`_
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<br /> �K�.+���� Yay� STATB STRBET SANK AND TR[18T COI�ANY, TRUSTEE �''��
<br /> ��'���t�"`f�^�'° A�at�totMo�tpplfot� $634,800 Ort� 2/1/68 �r,
<br />+ :,+.;;;�';�''i��:.. Ilatpp:R�cod�d: Grand Island Sba Nebraska Co�w�r Hall p� 2/8/68 �_�
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<br />-'.��i;:;',�` � 14 5 p� 316 r,::
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<br /> _ ��} �i� ��en ��, 8 $g Z , �.�._.
<br /> a���.-- azi�n� ��men� �o; ���9L�����b
<br /> -_ '��;��s"' "� ,;�..T�r 7tiM Ap��w�!�iro IW d�ry d September . 19 92 �-_
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<br /> : ; . ��^;., �� liarold F. Noppe, Jr. �..
<br /> �' wM���d P.O. Box 81436, Lincoln, NE 68501 and
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<br /> _,_ :;� Harold F. Hop�e, Jr. and The Overland National Hank of Grand Island, C,ran ��
<br />-��`� =� r'��' ;;, Islax►d, Nebraska, Co-Trustees of the Robert M. Peshek Residuary Trust, whose �•
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<br /> addresses are: P.O. Box 81436, Lincoln, NE 68501 -and 304,j�. Third •Street, �=
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<br /> _ • ^T � '��'r�t� Grand I�land, NE 68801, respectively . � � -
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<br /> '�'�� �7 ��-=� i�ir:,.�i r.rs,�fpi�(joWtiy�r:d�:i1 �i�:i�itae�e4r�ta aa �ar�rr�3 +►�i ii��i::af �
<br /> `_�' •�,,• f,,��, �,,r,� Q��sMC/oiftiou�lr y � --
<br /> - ��..r�. ,.��t�.: ,..,•:},t' Sac�1u8 af Housin�rd Ur6��D�w�y�t aa Id��aeapa�.�ctlq by�od lheo�It�e F�dt�l lloisie�Ca�bdar �""
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<br /> i- ''':.�`,.�,_�';�,:�;: I�i �r(h�nia�tbr edl�d Co��inla�e�. ��
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<br /> }� i;•; ��4�r,j�t�;j�t,�;•,".,{� ::'a
<br />`:��,�� In consMemtioe ot tbe endonea�ent tor in��anc� the Commis�iv�nce�af`tl�e�6ove described note or in cot�slde� �;°,�
<br /> .;�\.A' "ry�'�,r�tifv7;.'S ',:,�'�ij. � ,..;.
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<br /> �� . • � -..1;4��, tion d ll�e aonsent ot t9�Cowa�iuioptr to tha tn�stK ot Ihe watp�ed ptope�tg��nd In adet lo o�o�lq�rith Ihe U�
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<br />-,;_.�,,� �' .,, .��,;. �eqnirewe.�a rof SetUo�Z21IdX31��N�Uond Honsln�Act��s ort�anded.�nd th� Re�ul�tiom�dapted by the Comeis- �-
<br /> .,"�, . , ,,r,.. . ..1.�,%% ,"Yj puraa�nt the�eto. hei��ndapf "
<br /> .::;•�. . . ,� ��,„. ',., sloner Owne�s���ee for themtelva�,their succe�soe, �a,that in aonnectlon wii9� !4e
<br />�_�: `., ��.: : , �at�ned propaty��d the projaet oper�eed lhereaw and so tona�s the cantract o[sortn�e in�nraaee ooatim�es ln et �
<br />��' fect,a�d dnda�sach tu�thK pedod ot tiwe��the Co�wisdonK�hdl be the ownet.ho{der or rNcisa�r ai ib�wottPte• �^.i;�_
<br /> • ..� at d�aint qr HM!Ir Ce�la�ioMr iti eblin�bd tm 6�nnn� watllun�on f!�MoROIl�d proP�rtte —
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<br /> .°��/�,, . ), �.,.': `° �-:.�..; 1. O�one�s,e�e�pt a 1lwit�d b!I�tnpb 17 I��ot.sfxill proaptly ada dl p�qnntbdue IMdr�tUe�ete a�� , ��`
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<br />-,'ri.'?�{. , b „' �. (�� �Oanr�s�h�ll eshbll�h or oonNnne to nMintain�reaerve(und tor repl�eemenla by the dice�tion lo sa�ch ,
<br />`��;';,h• .. , �` �es�xrve[und fn�tep�ate aceount with the martgasee or in a aate�nd responsible depository desi�nater3�y �
<br /> •y,t' °• :, F `�, ,. , •`�.` lhe mort ee,oo�nunntl wilh the innle o( mente lo�r��asortir�tioa o[the deci 1 ot the aoN �-_
<br /> , �..' L�L g Y � B �u�l to= 184.00 per�onth un Ns�dit[enaP�
<br /> _ ;,�.�"-� '• lem�ed or held b th�Coar�isrtonn of�n��nouat �„
<br /> „ . dH�or�n�oont 1��pproved in«dHn�by the Co��nis�ionea Such fnnd�whdher In the ton�oi�cnh d�pwit --
<br /> � �� • ot lnvested in obllpHon�of�ar(ully�umnt�ed�s to principd by,the Unfted St�te�o(Aene�le�,sh�ll�t dl � �
<br /> : ,''�{ � �� �.•'.+h!'. ' tinser be und�r tM control ot the mort���ee. Dbbursements from sueh(und.whelher(ar die purpos�ot�tf�c• ��
<br />=�. , " ,. = aln�ropl�cenient ��troctunl elNnenl��nd mecb�nic�l equipment o[lhe proJeet or ta aay other pnrpose, .
<br /> c; . `„�;;,:._•.,;;..:..:. . ' n��y Le�de only dter nceivin�the consent in wdting ot tfie Comn�isslonea ln the evenl o[�detmlt in th� 4! .
<br /> �� �� � �,";Yy�r�.�� � L..a tenns ot the+nortn�e�purau�nt to which the lo�n h�r been �eceYrroted,the Commistioner may opply a '� '
<br /> i� i�'��+��;��rir.` �'�1.-;� �athotise the o�ppllc�tbn ot lh�b�l�nc�in snch tund to tl�e wo�anl dw oe Ilie ew4��e d�W �a�ccd�nNd. •,
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<br /> ' i�������+ �' �� '��?;!F''; (b) Where Owners�re ncquJ+ing a projecl alteady sa6ject to en intured morlQage� the reserve fund for
<br /> �tt�,tt',�_: ,� ` '
<br /> ., y �+,�,,:,t.��.. :� �placeaients to M est�bDisP�ed will be rc�ua0 to Ihe M►ount due to 6e in euch[und under e:iet�ea ag�eemenfe o� •
<br /> •� ; ���;�:;�;��� . •��'�. clu�rle�ptoW�lons�t lhe time Ownsra acqui�e eacP+pro)�ct. �nd paymeate h�rounder dn116e�pin wllb the tlnt •
<br /> .,n;,:� ;
<br /> t paym�nt dne on the�nortQa�e dter�cquiaiaio�.vnlaa�gome oth�r method of Mt�bllshMS.Md mNntUalr�Ne
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<br /> ¢ � lnnd 1�� rov�d ar r ulnd la w�ifin /l�e Co��a�asioner. �'
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<br />-'"�f -�a f�1 [1rww...I��tl.st�61ir6�nd�ui�fair, iA adaidien Rm 16e�eaa�rr�fund (ot teel�ceerw.�re�idud recdels ;�.
<br /> fnm!by depoeitin�thereto�pith tlK wmcgagee,ti�e�e�fduoi�ec�eipts, ae detlned hereir, witY�in 60 d�ys
<br /> ,� dler the end ot the serol�nnurl or�nnud (iscaU pealod wtthin Nhlch such recelpts �rt re�lised. Residual �
<br /> V.'�''� ° ..:"i�;`` ` �eeelpts shdl ba under tM conlrol o(tAe Canmiseioner,and eholl be disbunedoniyo�the directionotlhe
<br /> ' '��•�� � � CooAlsHone�,who shatl h�ve the pawcr�nd�uthor{ty to diroct th�t th�raidu��1ny p�d
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<br /> ;;�:. .�.: . lh�r�ot.be wed tor�nch pnrpo�e a!oe rsy deteneine. `
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