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-- ' ~ <br />~.. _. <br />,pyg$iGlp1T QF RElfTS AND AEiAEEi11S:N£ ITT TO SELL <br />OR EMCtlN~BERIREAAi. PROPEi3'TY <br />sTaTt=_ aF t ~ <br />c~cr ~ H~ - --- <br />-tx~ro rna, thfA ~ in a~ for said <br />CMylCounty and state, peraonaAY appeared <br />81_ vus9s6 <br />In oorwideration and ers security for a loan made by Camme~rcial Federal Savings and loan assoc. (hereinafter called <br />"tender"} nttkit loan was made for the improvement of real property described below and is evidenced by an instaNmeni nde <br />aigr+ad by <br />Steven L. Httsen and Nancv K. Husen <br />wed November 25 tg 81 , in trie amount at ~4~th4l~Itd.-g~S14t la"~ A^~ 85/00 - <br />«,.._________K--___°__-__-____~-----------------°~--~°-°-----tmilars(S Vz004.®5 ). <br />fire urWerslgrted, and each of them, (hereinafter eked "Borrower") hereby covenant and agree with Lender as follows: <br />1. Tha'real property referred to herein is located in Grand Ysland , <br />State of NehrAAlcA Snd IS described 83 follow; <br />City/County of . Ei=» <br />Lot Eleven (ll;, in Block Seven (?) in Parkhill Second Subdivision, an Addition to <br />the City of Grand Island, Hall County, Nebraska. <br />g, Br.:_.t~ ~ iQ leader all moneys due or to becortre duo to Borrower as rental or othenviee for or on <br />aooount of sudr rear property, neservin9 unto Borrower ttre right to tolled and retain arty such moneys prior fro Borrower's <br />defauh urWer the terms of the ban desribed above; <br />3. Borrower wW not create a pemdt any Ifen or any encumbrance (other than those presently existing) to exist on said <br />reed property end wiN not transfer, sefi, assign or in any manner dispose of said real property or arty intere~ therein wMFtout the <br />prior wrigen cortserrt of lender; <br />4. Lender is hereby authorized and permitted to cause this instrument to be recorded at such time and in such places as <br />lertdar mt its option may elect. <br />5. Phis agreemerK is expressly intended for the berefit and protection of lender and all subsequent holders of the note <br />described above. Borrower warrants and represents that Borrower owns the aboverdeacribed real property <br />8. Ttds agreement shall remain in fuH force and effect until the loan described above shall have been PP~~ in full or until <br />twentyorm (21) years folbwin5 the death of the last survivor of the urxfersigned, whichever//first occurs <br />.f `\ nll_0 a ~rJ' <br />Novstaber 25, 1981 Signature <br />Rafiad: <br />Signature <br />NES>RASKA wlrwESs <br />Stsv+an L Ht;.sen <br />~ , Naneq K. Husen <br />Itrwwn to be the pY-agrs wltoae names are subscribed to <br />widtk- tfq inst+wtMrtt and exdvrowledged to me that they <br />have etw~tad the same. as tlreir own free ad and deed. <br />rd-0 ' iai seal. / <br />w w rryMw <br />y ! <br />.«-.• <br />~{~] M,.~ <br />~amC StatO k< ~? u<'N <br />~4CG <br />wiTtvESs <br /> <br /> <br />i <br />t.._. <br />