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86-.102636 13) To assure and protect its rights in this lien and the PROJECT, the LENDER shall have right, of access and inspection of the PROJECT at reasonable times and with reasonable notice to the BORROWER. 14) Any forbarne by way Constitu *t,,esaac waiver �ofLany£of with the LEND£ R' strightsoortprivilegesngrantedthereunder. Lien in no 15) Any notice of one party to the other shall be in writing to the parties as follows: The LENDER - THE CITY OF GRAND ISLAND, NEBRASKA, a municipal Corporation. The BORROWER - rinidad J. anJ Ronnie .lean Suilar The BORROWER, or his executor in the event of the death of the or assignee shall tnot80RROWthe LENDER of any change in the BORROWER 's nacre and address or any successor 16) The interpretation and application of this lien shall be in accordance with the laws and procedures of the State of Nebraska, as they may from time to time be amended. 17) In the event of default and nonpayment of the balance due by the BORROWER, the LENDER may take such Measures as may be lawful to it for the recovery of the .nd ?btedness and including, but not limited to, foreclossra and gale of the BORROwER's rights in the PPCjECT and/,.?r the a nsignment and collection of the rents and profits of the PROJECT. 18) Upon satisfactory completion of all terms and conditions of this lien by the BORROWER or upon payment of any and all balance due, the BORROWER shall be entitled to a release and satisfaction of this lien by the LENDER at the BORR,OWER's own ^_ost. This lien is expressly created and imposed upon the above described project for the purpose of assuring the compliance of the BORROWER with terms and conditions incident to the deferred pareservin loan evidenced by this lien, such loan being exclusively for the purpose of renabilitating, preserving and enehancing rental dwelling units in the PROJECT in accordance with the rules and procedures of the Rental Rehabilitation Program of the City of Grand island, Nebraska. an_.ary i. 3 — Date ?.s r Date Date Borrower s and Maker s) i4..� - anuaru Date Lender' esignee STATE OF NEBRASKA COUNTY OF HALL On 13th Cay f ancary n. C., 19 f before me, a Notary ?ublie. :h! y- r personally appeared -- ring =t _.t_ ano „onnle Jean Is *ui iar.Yd Lne foregoing instrument, and and are to c known to be _he Person• =' n'--_. _n e:�d wco - acknowledgedPthat this was their rvoiuntarym act and deed._ ' Notat. n a d or the Late of Nebra a, L � 01 _j