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<br /> -- — . Th� 80RROnR, 4s h ,a ex�cu�"or-.i��ha-��ve�tit=- :. �
<br /> - , tt�e SORRfl�RR,-s1ta3-�=�tstf�-�y�ttt�.LE!lDES-af=ain�.�h�n.q�in tite - - -
<br /> � � BORRp�ltt'S nase and adaress or any aucce�sor or aal�fgnec a�
<br /> � ,
<br /> - _- - -- _ th! _��1�Qs ` � �
<br /> 16l �he_ iatezpzetation,and applicatfa� of tbia iien ahall .be � �
<br /> in accordance rith the 2avs .and praceduxes af tha Stata �of
<br /> Nebraska, as they aay fsoa tiu;to tiie be a�endea.
<br /> 17) Iti the event of default and nanpayaent af the baZance due
<br /> by the HoRRO�, the LEND$R saY talce �uch �eaavses as say be.
<br /> ' ` Xavful to it fo= the rGCOVesy o� the indabtedneas and
<br /> " includi»q, but not l�aited to, tozec3.QSnre ana aale of the
<br /> HORR011�R`S ri9hta in the BROJECT andfor the aaafgn�ent aqd
<br /> � collectfon o�, the rents and profits of the PRQJECT.
<br /> � 18) Upon;satisfactosy cospletion of a22� �ezAa and canditions �
<br /> ' of. this Iien by �he HORROi18R or upon payient .of any and aii
<br /> � balance due,. the BORRONEIt.ahaii be entltled to a re�eaae a�nd —
<br /> - satisfactior af thia iien by the LEHDER�t the HORRONETt'S avrs . _ _
<br /> - coat: � - , _
<br /> - -Tbis lien is expsessly created and fa�posed upon the �___
<br /> above described project £or the purpose af esausing the -` � � " ��.;.
<br />� ' - co�pitance of �the BORROtiEtt vith tes�s,and con8ltiona 3ncident __ __
<br />'" to the defexze8 paye�ent loan evidenced by this lien, auch __ _
<br /> ..� . loan being exclusfvely fa= the purpose of zehabilita t ing,
<br /> , pseaesving and enhanciag rental dvelling units ia the PRO�ECT ---
<br /> , in accosdance vith tAe rulea and psocedures of the Rental
<br /> Rahabilitation Program of the City of GranB Island, NE. _
<br /> w } -
<br /> Date- .���/�`��- - ��.=��•/� . �,,..�� _ , ��=�.�
<br /> , � Samuel Rank, Horzowez ~`=='�
<br /> r�.ti f,n�r.�.
<br /> ^>A �-�` /y�/�//�j�� l. Si..�;''
<br /> ' . /1� �il J � /���/� `�� ��� �..°.�.
<br /> - Esther R. Rank, Borrower �'�=`° -
<br /> , .� . � :
<br /> � Date: �/a�/9a �.e�►v� � _ .- •.�:._..
<br />. Jezenne J. Gar=outte
<br /> . � � � Lender's Desiqnee ;:y,
<br /> , � ST11TE OE� CdEBR119K1!) ss �:`- °. ,.<<,`.
<br />- :�,; CAUNTY� OF H�LL ) .�:��_�:=�
<br /> . :�a. �•• �iir:F_:
<br /> . s�f..��� -�Y
<br />` an the 24th of Februazy, A.D., 1992, before me, a Notasy Y:-�-,��`._
<br /> :.,_;,,;.��
<br /> Public, personally appeazed Samuei and Esthes Ran&, and are : �,�W�,-
<br /> � to ae known to be the persons named in anc3 who executed the �=�`"=�-•-u:-.
<br /> , fosegoing instrument, and acknowleage8 that this was their :�j.�. "::'�_.��
<br /> - voluntazy act and deed. , � �`�"�
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