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In <br />I <br />RUCTION COST LIEN $%-- 103161 <br />ray Rauert ' a single person, LIENEE, for <br />securing the payment of the net construction charge of f 4827.00 as <br />set out in Paragraph IV of the Irrigation Electric Power Service <br />Agreement entered into by and between Southern Nebraska Rural Public <br />Power District, LIENOR, and LIENEE dated, May_ 12 198_7__, <br />Account /hell Number 12039 -1 mortgages and encumbers to Southern <br />Nebraska Rural Public Power District the following described real <br />estate: <br />The North Half of the Northwest Quarter (N} NWO , the Southeast Quarter of <br />the Northwest Quarter (SE} NW}) and the East Half of the Southwest Quarter <br />(E} SW}), all in Section Twenty -Eight (28), Township Twelve (12) North, <br />Range Ten (10) West of the 6th P.M. in Hall County, Nebraska. <br />This Construction Cost Lien is given to secure payment of the net <br />construction charge described above. <br />Paragraph IV of the Irrigation Electric Power Service Agreement <br />described above provides time is of the essence and if default is made <br />in payment of any annual inatellsoat of the net construction charge, <br />Southern Nebraska Rural Public Power District may declare the entire <br />unpaid amount of the construction charge immediately due and payable. <br />If LIENEE defaults in the payment of any annual installment of the <br />net construction charge as required by Paragraph IV of the Electric <br />Power Service Agreement described above, LIENOR may declare the entire <br />debt secured by this Construction Cost Lien immediately due and payable <br />and foreclose this Construction Cost Lien in the same manner as the <br />foreclosure of a mortgage under the'statutes of Nebraska. <br />Dated: °2 7 1987 <br />STATE OF �C/JrGZS �C� COUNTY OF ` I <br />The foregoing instrument was acknowledged before as this <br />7 198$7, <br />by �,ee-p Rv -60, 7 a single person, LIENEE. <br />Notary Public <br />My commission expires: <br />NildYit IDTA— ` <br />DAMA <br />of cm <br />