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<br /> ' ' ' . RY4"`"�-,
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<br /> ' 15� any notic� ot on� party to th� oth�s shali b� �a vsitiA�
<br /> � �--�-� to th� parties aa lollova e
<br /> Tb� L�1D�R - THi CiTY q! OR�ID IB��iD, NBBR�SK�, a �uoicip�l �
<br /> .-��•i Corpoxatio�.
<br />--! Th� BORQOY�litB - THBODQRB C. NOLCZYK �ND JE11N �N1i �IOLCZYK�
<br />-F�� ha�banQ an� v!te and NRL�N K. BTR�Ni.� �lID RICNI�RD 3. BTRiHL�� . �
<br />-- -- = husb�ad �n�d vi�e,
<br /> Th� HORltOiiERB, or theirs extcutor in the event of tAe death
<br /> r.,,�� of the BORROiiER�, ah�ll notify tha LSNDBR a� any change �n
<br />_�;� `�� ths HORROfiER`S name and adds�as or any successor os as��qn��
<br /> �-_,, _ �� of the BORROIi�RB.
<br /> �;��j� 16) The intespretation and application o� thia lien ahali be
<br />"_-:�..;:,. � � .J,,:„ in accordance with th� lavs and psocedasea of the 3take og
<br />`�=.�zr:a, : `i���}, N�b s a a k e, a a t h�y n a y f soa t iae to tisn b� aaer�d�d.
<br /> . ��i.e � ,
<br /> . �. ��, �. v� . �
<br /> : ..� ..1,� �. . 17) =n the event of default and aonpayment of the ba�ance due
<br /> •. : ,,,, � { � ' by the BOBROiiERB, the LENDER �ay take sucA iaeasuzes as way be
<br /> ; `F' �i��y� lawful to it gor the recovety of the indebtedn�sa and
<br /> ° =t �_�'?' includir�g, but not limitod to, �oreclosare and sale af the
<br /> - ;:a-�� SORROWEtt s r iqhts i n the PROJECT and/or the ass i gnment aad
<br /> .,�,. collection o� the rente and profits of the E►ROJBCT.
<br /> '___ - — ��r.:-7--:.-.a;;' � ..
<br /> � �••�=��r�;>.;:::,�•�; > 18) Upoei satisfactory completion of all terms and conditions
<br /> i,g.j`��,i,:. J1:
<br /> : ' .� �;�t.�� o� this lien by the a0RR0�lER9 os upon payment o� any and all
<br /> ' �� .i �?�;�`r� balance due, the BORROWERS shall be entitled to a release and
<br /> ' ,� ''�� , y��'•;`!%;`:`':��,� satisfaction of this lien by the LENDER �at. the 80[tR0�1�1t`3 own
<br />�i'` ,�?��:'aSt:�'`s '^;,,'t. ROSt•
<br /> �'{�*�F�'•,:,<�S'lkl;r.;', �
<br />_-''; ;�'',• h1�'''����',`�%;4s�'%,��;�`` This lien is expressly c=eated and imposed upon the
<br /> ,�?;� �.�
<br /> -- � �. r)����'r�l'f Y�4'U'h'�� -
<br /> , .�. ' `? ��, '
<br /> above described psoj��ti for the purposs of assurinq the
<br /> -- t�.°.,°;.� g;{ compliance of the BORROW�RS with tezms and conditions -
<br /> ,�..'�` ;,�,j�,F• y i,.
<br />-•� ,�' �'w'^� incident to the deferred payment loan evidenced by this lien, �
<br />�.:`• �4`•`' l� • '�����
<br />..,�,. . ,�;;�:, such loan being exclusivelY for the purpose of
<br />�,,n�, � ,� ,scn+;,,�� , rehabil itating, pxeserving and enhancinq rental dwelling ' �
<br />-'��1. �t;,�.' :f �:, �� ..+ units in the PROJECT in accordance vith the rules and
<br /> '�.{•:�.r. �i'., it.. ,tt.: . . . _
<br /> ��� ,;„;•.•{ :r , - proceduzea of the Rental Rehabilitation Progxam of the City
<br />`.�':.r �� ���yr�? ..�r� of (irand Island, NE.
<br /> 3 >,.°.�.;�r. .,,�yrt:��::
<br /> `:..�,�R� �.`��/'i4'�_ ' -
<br /> !.�.1 f '; ,�, ;:'�!t�l.+� ��i � s? _
<br />�.~i_.^�•. ;. ,,. . .�..'�;;: �.��•- �'�. Richard J. rehle, Bo�rower T odore C. o zyk, Bor wer , _
<br /> ,`�,t,t;°^ ` .. t ..,.,: - -
<br /> r`;;' ;;� a� ,�i� / ^ �GG � _
<br /> 1KI:���'�r . •.:'. fl�� 7��:// ��l�%r:/' c� ..
<br /> � . " �.���,i,;�„ Nelen K . Strehle, Borrover an Ann Molc yk, rower
<br /> ; � -; ��. ,
<br /> -_�' �s�Y:a::.,:�.`..,,•..k ��,,,, . � ' ,p
<br /> '_.� i , "-�:����;.� ��i. DSte /J%�h' �. �3 ' ..e�en-:�r.��:e���c.t'�� ,_
<br />._� i' �, '.: ,ti ;;,;,j;�'::�;� erenne J.�arra'utte -
<br /> �' ,;,�,• �
<br />`"'� �� ;t�. �:•.�,-; �� City of Grand Island
<br />_;t� �,y�,,,..• 'ai1,,.; �,• -
<br /> � 'ti��S�';� �.;,
<br />'� � ��. � : � ; �'`. ..' •, 3T1►TE OF NEBRA3KA) �s
<br /> n � COUNTY OF HALL )
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<br /> '.� ' 1' �� " � .� ' ' '. On the 5th of Mazch, A.D. 1993 before me a Notax Public,
<br />::.;F;�;�; �;h ;:;:�����;,, . i . Y
<br />:,� personally appeared Theodore C. and Jean Ann Molczyk, husband ,
<br /> ..A vlid• Dlni+arA .T anA IJ�lew V Q��aal�l� L.��sF.�aNA enA ...iCe
<br />�s;f` �''��'��� ` .:'l toyme�known toybe theypersons�named�in��and whoyexecuted�the�
<br />-,`::;_I`� � ;,,J:..�. � .�::'.�_ ''1
<br /> �- �;� � r��q • foregoimg instrument, �and acknovledged that this was thalx
<br /> �:�� ; .4 Q �• . ;� •• ; voluntazy act an� deed. -
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