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IN L 85-".w 0047078 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 forbearance by the LENDER with respect to any of the terms and conditions of this lien in no way constitutes a waiver of any of the LENDER's rights or privileges granted hereunder. 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 - :.eo and Helen Hineline The BORROWER, or his executor in the event of the death of the BORROWER, shall notify the LENDER of any change in the BORP.OWER's name ani address or any successor or assignee of the BORROWER. 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 indebtedness and including, but not limited to, foreclosure and sale of the BORROWER's rights in the PROJECT anal /or the assignment 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 BORROWER's own cost. 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 payment loan evidenced by this lien, such loan being exclusively for the purpose of rehabilitating, preserving and enchancing 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. , C� Da -ti/ :5�� _ .y-c LL ' �- �, 4 i Z t_ L•ZriX'� 'tea ter VA aMMM. s<W d aw».a MEIMLGAMUTTE 64 @=a 9W 2* 23, 1967 STATE OF NEBRASKA COUNTY OF HALL to orr o.er s, ands %' :axar,a, — .{,�.1 F i << ate c' Lender's Designee On the da "v ofr� " >rrlU, A. D. personally appeared L� �t and are to me known to Ce^t e. persons named in and whiz acknowledged that this was their voluntary act and deed, STATE OF NEBRASKA COUNTY OF' IiALL ,, before me, a Notary Public, 7"1 7— exerted the foregoing instrument, a ff"ary Public in and for the State of Nebraska, County of Hall 71 n On the 30 day of >—'t'rntpr ,A.D., 1985, before me, a Notary Public, personally appeared _ lerenne J._ Carroutte T and is to me known to be the person named in and who executed tine foregoing insr.eument, and acknowledged that this was their voluntary act and deed. Notary ic{ �n or Chc SC c f N ra , "Q