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<br /> 15) Any notice of one party to the o�her shall be in wri�ing '�o e
<br /> y-;!•:.
<br /> partf.es as follnws: - �
<br /> Th�► LENDER - THE CITY OI' GRAND I3LAND, NE, a rnunicl�pal Corpora�ion. "
<br /> �=,�
<br /> The HORRO�IER3 - T(iEODOR� C. MOLCZYK AND JGAN MOGC2XK, husband and ^'_
<br /> wife and; •`-,_
<br /> RICHARD J. STR�liLE AND 1i�L�N K. 3TREHfar, hu�band r,��
<br /> anc] w1fP �`-"
<br /> The HORROHEEtS, or their�s executor in the event of tihe death o� the
<br /> HOFtROWER3, shall notify the LENDER of any Ghanqe in the BORR8WEt2'a °____
<br /> name and �ddress ar any successoz or assignee of the HORRC�WERB. __
<br /> 16) The interpretatian and application of this lien shall be 7n �
<br /> accoxdance vith the laws an8 pzocec�uzes of the State of Nebraska, as
<br /> they may from time to time be aiaended.
<br /> 1'71 In the event of default and nonpayment of the balance due hy the
<br /> HORROWERS, the LEEIDER may take such measures as may be lawful to it _
<br /> for �he reaovery of the indebtedness and including, but not limited
<br /> �a fars�l^s��YP an� sale of the nOi+.ROWER'S r ights in the PROJEGT _
<br /> � � ..�
<br /> ancl/or the assi.gnmenL and collection of the rents and p�o=iLa vl ���� _
<br /> PROJEC'r.
<br /> 18) Upon satisfactory completion of all terms �nd conditians o� this _
<br /> and�satisf.acti�on�ofRthis�lienRbXwthe L�NDER�at�the�HORR061ER'3eownsP
<br /> cost.
<br />= This lien is expxessly c=eated and impused upon the above descxibed _.
<br /> proiect fox the puxpose of assuring the compliance of the BURROWERS
<br />= with �eLms and condi�tions incident to �h� defnrzerl payment loan
<br />- evidonced by this lien, such loan being exalusively for the purpose
<br /> o� �ahabilitating, preserviT�q and enhancing rental clwe111ng uni�cs in
<br />- the PEtOJFCT in accordance �►ith the rules and procedures of the Rental
<br /> Rehabilitation Proqram of the City of Granc9 Ss1�nd, NE.
<br /> ttichard . Stxehle, Borror►er ieodore C. Mo1cz k, Borr�d�r� -
<br />- __
<br /> = • �-}�ir.�f.la � � �
<br />� Helen K. Strehle, Borrower an An Molcz t, Horr x ��i;
<br />� �� � 9� , Un����
<br />� Dat c: �� - - ' .'.
<br />::� Jezenne J. t3axroutte `•r'•�
<br />� City og GYand Island ;;
<br />':_,
<br />`� 8TATE OI' N�BRP,SKA) -
<br /> A Iss
<br />;�� COCiNTY OF EIALL )
<br /> .a r L
<br /> � On the ��of February, 199i!', A.D., before me, a Natary euoiic, ;
<br /> � personally appeared Theodore C. and Jean Molczyfe.h�ob�eaknownwtoebe �.
<br /> RiC7abd 3. ar.� H�len I{. 3trehle, h��sband and ,
<br /> ;� the persons named in and wt�o executed the £oregoing instrumenz, �t�� �
<br /> _� �cknowledged that this was their voluntary act and deed.
<br /> N�t MIW��IMN YMllo `/�Gsvltc. .��it�`.�"��`��-� 1.
<br /> Ml���� •tary
<br /> 2rrlien.6
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