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w- «T COLUMN GIVE AWAY: Lab & Husky puppies to good home. 815- 344-2672. 3-26-4-2C FOUND: FEMALE KIT­ TEN, Tortise shell with white back foot. Found in McCullom Lake. Call 815- 344-4225 after 7pm. 4-2 KTS FOR SALE CANARIES, CANARIES, Good Singers, Males & Females. 312-639-2622. 3-31- 4-2c REGISTERED ENGLISH Springer Spaniel, Male, 9 months. Brown & White Housebroken, Shots, Needs Room to Run. 815-338-0921. 3- 31-4-2C OIUfAIDAV FREE: Garden Manure with your own containers, bushel or truck load. 50 lbs. in strong bags $1.00 . 815-455- 2815. 3-31-4-2C Mil KENT rat KENT PAGE 15 - PLAINDE ALER -FRIDAY. APRIL 2.1N2 m RENT LOVELY QUIET 1 bedroom apartment, second floor, Senior Citizens preferred. No pets or children. 815-344- 4231. 3-12tfc 3 MONTHS FREE RENT, New modern building, with plenty of parking. Next to Post office and Vfe block from bank. 5 offices to choose from, rents range from $50.00 per month to $150.00, depending on office selected. Call 815-728-0404 . 3-3tfc 2 BEDROOM APART­ MENT, in a Country Setting, overlooking a 110 Acre Corn Field and the Nippersink Creek. This large Apartment has self defrosting refrigerator-freezer, oven, stove and garbage disposal and is within walking distance of shopping and medical center. Mayline Apartments, Richmond. 815- 678-2861. 3-3tfc IN McHENRY, 2 bedroom house. Stove, refrigerator, washer, dryer included. Nice yard, near golf course. Available May 15. $385.00 month. 815-728-0150. 3-26-4-2c OPTION RENT $450.00 Month, 3-4 Bedroom, 2 baths, Enclosed Porch, Lakefront. Boathouse, Pier. Island Lake. 312-446-0328. 3-31-4-2C APARTMENT AND OR OFFICE, Newly Decorated, Neat Adults. Downtown McHenry. Phone 815-344- 1119. 3-31-4-2c KITCHEN FOR LEASE inquire at 1232 Green St. S15-385-9836 LIVE IN BEAUTIFUL LAKE GENEVA Deluxe 1 & 2 bedroom apar tments, fully carpeted, I'/> ceramic baths, color applian­ ces, dishwasher, air con­ ditioning, laundry, large storage area, gas heat. By lake, several blocks from downtown. Geneva Lake Apartments 1321 W. Main St. Lake Geneva. Wl. 414-248-4572 < 2*2 APARTMENTS FOR RENT Marengo 1 & 2 bedroom apartments, wired for cable T.V., carpet, dishwashers, refrigerator, oven and range and air cond. Pheasant Roost Apt. 815/568-6850 or 312/381-2082 BEAUTICIANS Have you ever had the desire for your own shop? Well now is your chance "RENT" a 3 bedroom house with stove, refrigerator, washer & dryer, cable TV hookup, new fur­ nace, new water heater, newly carpeted and redecorated COMPLETELY EQUIPPED BEAUTY SALON Phone 815-338-5537 6 ROOM APARTMENT. No Pets. 815-385-7852 or 815-385- 4942 after 5pm. 3-31-4-2c ON THE WATER, Pistakee Highlands, McHenry. 2 Bedroom, Family Room, Living Room, Completely Carpeted, Garage. April 1st occupancy, $380.00 a month. 312-541-0100 ext. 325 or 312- 526-6926. 3-31-4-7C READY NOW, 2 bedroom apartment, with stove and refrigerator, dishwasher, carpeted throughout, 2M? baths. 815-385-2181. 3-3tfc 1 BEDROOM SUBLET, ready now, fully carpeted, with stove and refrigerator. 815-385-7830. „ 3-3tfc CLEAN SLEEPING ROOMS. Daily or Weekly rates. 815-385-8905 or 815-385- 0266 . 3-3tfc 4 BEDROOM EXECUTIVE Home, located in prestigious area. Available on a 1 or 2 year lease. Call for details. ERA-RDG Realty. 815-385- 9394 . 3-3tfc OWNER OF HOUSE, Willing to Rent Bedroom to Single Person $175.00 month and 1(2 utilities. Everything Furnished except bedroom. Call after 5pm, 815-385-6638. 3-24tfc 1 BEDROOM HOUSE On Wooded Lot $275.00 month, plus utilities, no pets. Available May 1st. 312-526- 8757 . 3-31-4-2C FOR RENT OR LEASE, Approximately 1300 sq. ft. shop. 14 ft. Overhead elec­ trical door. Suitable for Auto repair, Body Shop or Storage. 815-653-7296. 3-31-4- 2c DOWNSTAIRS APART­ MENT of House located on Corner of Broad Street and Richmond road. Heat, Water and Sewer furnished. Call 815-385-4349 for more in­ formation. 3-31tfc FOR RENT, Lease or Sale Restaurant and Equipment. Owner will Lease with Option to Buy or Contract Sale. 815-653-7296. 3-31-4-2c SMALL HOUSE FOR RENT, Senior Citizen, 815- 385-3097 after 5pm. 3-31-4-2C FOR SALE OR RENT, 3 Bedroom House on 1 Plus acre. Family Room with Fireplace, 3 Car Garage, Johnsburg Schools. Phone Mr. Beck weekdays 815-459- 4700, Evenings and Weekends 312-639-3155. 3-31- 4-2c 1 BEDROOM, 1ST FLOOR Duplex Apartment, Lease and Security Deposit, No Pets, $275.00 month. 815-385- 5324. 3-31-4-2C ROOMS IN LOVELY Executive Home On Pistakee Bay. $50.00 Week Single, $75.00 Week Couple. Kitchen Privileges, Long Stay Preferred. Call or Leave Message for Doris 312-566-4900 or 815-385-1811. 3-31-4-23C 2 BEDROOM 2ND FLOOR Apartment, Ideal Location, Lease and Security Deposit Required, No pets, $290.00 Month. 815-385-5324 . 3-31-4-2C INDUSTRIAL SPACE, Available, Fritzsche In­ dustrial Park, Inc., 5,000 sq. ft. to 15,000 sq. ft. 815-385- 1079. 3-3tfc LARGE ONE BEDROOM Apartments, $275.00 plus utilities. Security deposit required. No pets. 815-385- 0292 or 815-344-1035 . 3-3tfc 2 BEDROOM APART­ MENTS. James & Third Street, McHenry. Call 312- 381-2059 or 312-381-4107. 3- 19tfc CLEAN, FURNISHED Apartment, One bedroom. 815-385-8905 or 815-385r02B6. \3-19tfc LIGHT INDUSTRIAL SPACE new opening in areas of 1200 to 15,000 sq. ft. Im­ mediate occupancy. 815-678- 2861. 3-3tfc VFW, CLUBHOUSE and Hall for rent. Seating capacity for 400. Call 815-385-9860 from 9am to 12 weekdays or after 6pm. 3-3tfc APARTMENTS FOR RENT, References and security deposit required. 815-385-1079. 3-3tfc OFFICE SPACE. 236 sq. ft. utilities included, plenty of parking. 815-385-8700. 3-26tfc HOME FQR RENT, like new large brick 2 bedroom home in Richmond area, available April 1st. Beautifully land­ scaped lot with many mature trees, blue spruces, rose garden, vegetable garden, hedge and more. Full basement and economical gas forced air heating system. Stove, refreigerator, washer, dryer included! Year lease, $425.00.815-678-2861. 3-26tfc HOUSE FOR RENT. Available April 1st. 3 bedrooms, lVfe baths, garage, no pets, security deposit and references. $385 per month plus utilities. 815- 385-6273 after 7pm. 3-26-4-2C ROOMS FOR RENT, Carpeted, Clean, Colored Cable TV, Kitchen Privileges, $40.00 per week. 815-385-9858 between Noon and 5pm. 3-31-4-2C CARY, NEW 3 bedroom, 2 bath, family room, 2 car garage. Near schools, transportation $525. 312-381- 7046. 4-2-4-7 In tentOn Dominoes | R e o l Estate Facts | 3 BEDROOM RANCH, Johnsburg Area. Available May 1st, $375.00 per Month. 815-385-7983. 3-31-4-2C RENT WITH OPTION To Buy. Almost New 7 Room Ranch, With 3 Bedrooms, 2 B a t h s , F i r e p l a c e , Appliances, ' Attached Garage. Rental $450.00 Per Month Plus Option Money. Call For Detail, Realty World Durbin-Stovall, 815- 385-8060. 3-31-4-2C FO$ RENT OR SALE. New 2-3 Bedroom Tri-level, Located at 3501 West Vine, In McHenry Shores. Looking for Long Term Renter or Option To Buy. $475.00 per Month, with Security Deposit. Home will be Open for Inspection April 10th, 12 noon to 2pm. 414-252-3712. 3- 31-4-9C McHENRY, CLEAN 2 Bedroom Brick House. C a r p e t e d , S t o v e , Refrigerator, Garage. $325.00 plus Utilities, Security Deposit and References. No Pets. 312-965- 6315. 3-31-4-2C HOUSE FOR RENT in Wonder Lake, 1 bedroom, $225.00 month plus utilities, security deposit. Call 815- 728-0206 after 4pm. 4-2 HOUSE FOR RENT, 3105 Still Hill, McHenry Shores. 2- 3 bedrooms, fireplace, covered patio, \xk car garage, stove, refrigerator, no pets, references, 1 year lease, $375 per month, 1st and last plus security deposit. Open for inspection April 9, 12pm to 4pm, April 10, 9am to 2pm. 312-639-3298 after 7pm. 4-2-4-9c LIKE NEW 3 bedroom, lVfe bath. Refrigerator, stove, carpeting, 2V2 car garage, $450.815-728-0125. 4-2 JUSTIN NIXON Justin Lee Nixon, three months old, died Tuesday, March 30, at Good Shepherd hospital, Barrington, 111. He was born Jan. 5, 1982, in McHenry hospital. The infant is survived by his mother, Violet Nixon of McHenry; maternal grandparents, Mr. and Mrs. Harold M. Nixon of Lakemoor and five uncles. Visitation will be held from 1:30 p.m. Saturday until time of service at 2:30 p.m., in the George R. Justen & Son funeral home. Interment will be in the Ringwood cemetery. Memorials may be made to the Sudden Infant Death Syndrome foundation, Maywood, 111. RUBY SLUSHER Mrs. Ruby Marie Slusher, 56, of Route 1, Verona, Ky. died Wednesday, March 31, at a hospital in Cincinnati, Ohio. Before moving to Verona, Mrs. Slusher had been a resident of Holiday Hills, McHenry, from 1959 to 1967. She is survived by her husband Charles Slusher and several children. Visitation will held from 4 to 9 p.m. Friday, at the Hamilton funeral home, Verona, Ky., phone: 606-485- 4885. Funeral services will be conducted at 11 a.m. Saturday, at the Beaver Christian church. DONALD SIMON Donald J. Simon, 42, 4505 E. Wonder Lake drive, Wonder Lake, was found dead in his semi-truck, in Milton, Ontario, Canada, Tuesday, March 30. He was born Se,»i.. 22, 1939, in Chicago, to Edward and Elizabeth (Fiddell) Simon. A 14-year resident of Wonder Lake, Mr. Simon was a member of Nativity Lutheran chu- served in the U.S. Ar»in the 1960's; and had been employed for five > ears with the Suburban, Truck and Trailer Co. of Willow Springs, 111. Surviving are, his wife Elizabeth (DeLorenzo) Simon, whom he married Sept. 18, 1964; three boys, Larry Wolf of Crystal Lake, Anthony and Jason Simon at home; a sister, Mrs. Charles (Shirley) Aldorowski of Chicago; and two brothers, Raymond of Chicago and Robert of Westmont. He was preceded in death by his parents and a brother Edward. Visitation will be held from 3 to 9 Friday, at the George R. Justen & Son funeral home. Funeral services will be officiated by the Reverend Roger Olson, at 11 a.m. Saturday, in Nativity church, with burial in Woodland cemetery. JOHN KRIEGER John Krieger, 5010 Oak- wood drive, McHenry, died Friday, March 26, at his home. Mr. Krieger had been a resident of McHenry 12 years, formerly of Chicago; and was a member of the McHenry Moose and St. Patrick's church, McHenry. He is survived by his wife Belle of McHenry; three daughters and three grand­ daughters. Visitation was held Sunday at Belmont funeral home, Chicago, with burial in St. Joseph's cemetery, Chicago. Intent on the next move are Tracy Setzler, left, and Stacy Whiteman, members of Mrs. Vyduna's class at Ringwood school, as they engage in the domino tournament held at the school. Domino chamDs at Ringwood school are shown above. In front row are David Labicki, left, all-school champ, and James Edwards; and in back, Melissa Rucker, James Franzone and Brad Schwarz. David Sims, one of the winners, is missing from photo. The first grade children of Johnsburg school district recently participated in Ringwood school's first annual domino tournament. Using a set of 55 dominoes numbered from zero to nine, each student competed in an interclass mini-tournament. Each of the six classroom champions then competed in a round-robin tournament to determine the all-school champion. This old-time game was quite educational and created an exciting sense of achievement the school feels. In today's world of television and video game playing, old time family games are often overlooked. The enthusiasm shown by the children while par­ ticipating in the tournament was int- ,se. In addition to sharpening the children's counting abilities, it developed their patience, exercised memory recall and allowed for decision making while planning strategy. The game of dominoes gave each participant a practical application for number use as well as ex­ perience being a gracious winner and loser. At a special school assembly, Kim Perkins, New in your neighborhood? And still seorching for the grocery store and more closet space? It's my job to help you feel at home fost. As your WELCOME WAGON Hostess I con supply answers to your new neighborhood questions and bring a basket of gifts to delight your family. Hundreds of people like you in McHenry have called me. I hope you will too. Nancy Lazar 344-3966 The McHenry Plaindealer Newspaper Available At The Following Locations: •WHITE HEN PANTRY •LAKE VIEW •McHENRY DRUG •SUNNYSIDE FOOD •BELL LIQUORS •ADAMIS GROCERY •BOLGERS DRUG STORE •LITTLE STORE •BEN FRANKLIN •FRED t IRENE'S TAP •OSCO DRUGS •SUNRISE GROCERY •JEWEL •STEINY TAP •HORNSBY'S •McCULLOM LAKE GROC. •HERMES £ CO. •NORTHWEST TRAIN •LIQUOR MART •BITS £ PIECES •VILLAGE MART •REVCO DRUG • J ft R STORE •ISLAND FOODS •McHENRY HOSPITAL •CONVENIENT FOOD •FOOD MART •COUNTRY CUPBOARD • J & L GAS FREE Hi:! hi 'SAVE-BUY NOW. Offer ends May 31,1982 Mower Deck with any c (jub CadjeH' Tractor* Selection of horsepower, drive, features. Special prices during this promotion. "THE HOUSE THAT SERVICE BUILT" GEO. P. FREUND, INC. \ 4102 W. CRYSTAL LAKE RD., McHENRY, IL. 38541420 (by Yvonne Jjteer, Executive Officer, McHenry County Board of Realtors). The McHenry County Board of Realtors responds to questions on shared equity mortgages. Q. -1 have been hearing a lot about equity sharing. What exactly is this? A. - Shared equity mor­ tgages involve financing partnerships between home buyers and investors. They take a variety of forms but generally involve a homebuyer who can't afford the necessary down payment and monthly mortgage charges for a house, and an investor who is willing to subsidize part of the buyer s costs in exchange for a share of the equity as the house grows in value over the years. The home buyer has a smaller monthly payment, the investor gets part of the increased value at the time of sale. Q. This sounds like a good idea. Is it being used to any great extent? A. - At the present time the use of equity sharing has been limited primarily because banks and thrift institutions have been un­ willing to take risks on buyers who need subsidies to pay their monthly debts. The scarcity of money for mortgage investment has not helped the situation either. Q. - Do you see the possibility of equity sharing gaining acceptance by the banking community any time soon? A. - Yes. On Dec. 28, the Federal Home Loan Mor­ tgage corporation (Freddie Mac), a congressionally- chartered corporation that buys home loans from local l e n d e r s , p u b l i s h e d guidelines for the purchase of shared equity mortgages from local lending in­ stitutions. The result of Freddie Mac's entry into this area could produce a major change in the way financial institutions view this type of mortgage. Q. -- What restrictions, if any, does Freddie Mac impose on this type of mortgage? A. - Surprisingly few. Freddie Mac will purchase shared equity loans as large as $107,000 on single-family homes provided: principal, awarded a back pack to each classroom champ. As all-school champion, David Labicki. also received a set of dominoes. Judging from the en­ thusiasm of the children and the parental response, it seemed to be a big success. It also turned out to be a good learning experience for the students, too. Subscribe McHenry Plaindealer The McHenry Plaindealer 3812 W. Elm Street McHenry, II. 60050 • 3 Years-$40.00 • 2 Year*-$28.50 • l Yeor-$15.50 • 6Months-$8.50 • Payment Enclosed Nam* Adress City Pricas good in McHenry County -Both the buyer and the*' investor can pass standard credit tests for their share of the purchase. q -Both parties sign the note and the mortgage or deed or , trust. -The investor is an in-., dividual not a corporation, limited partnership or trust "1 and - The arrangement bet­ ween the buyer and the in- , vestor does not require sale , of the property earlier thanv seven years from the date of " the loan. t Q. -- Does Freddie Mac*' provide guidelines with ~ respect to the division of jy equity upon sale of the , property, or the allocation of tax benefits between the" parties9 , A. -- No, there are no restrictions on these aspects . of the instrument. This is left for the buyer and the in- ~ vestor to work out. Ac-' cording to Freddie Mac officials, the program is aimed at treating mor­ tgages made by lenders to equity sharing buyers as investments comparable to any other type of mortgage. Q. -Is the shared equity mortgage a good tool0 A. -- Like any other tool it depends on whose hand it is in When making use of equity sharing or any other financing arrangement it is ; best to consult an attorney specializing in real estate. While equity sharing may be a good instrument for use by ; a first-time home buyer, details on the division of profits, schedule for sale and allocation of tax benefits must be spelled out up-front in any legal documents before they are signed This is true whether the investor is a stranger looking to make a profit or a benevolent relative merely trying to help the "youngsters get on their feet". If you have any questions# relating to real estate, send them to th-- McHenry County Board of Realtors at P.O. Box 192, Woodstock. Ill . 60098 Questions of general interest will be answered in future columns. However,^ the McHenry County Board J *• of Realtors cannot *v guarantee a response to all?*! questions. Indirect Gospel Minister-I am glad to seejfe that you come so regularly tojX our evening services, Mrs.J»" McSwish. Mrs. McSwish -Yes, you»£. see, my husband hates to£«C have me go out in the eve ning, and so I come just to spite him. 1INT MNSQhMC the professional do-it-yourself carpet cleaning system First Hour of Rental FREE $1.00 per hour. . . for every hour thereafter. (Example 2 hours. . . total charge $1 plus tax.) NO MINIMUM Special Rental Rate Good Monday thru Thursday RINSENVAC cleans the way profettional* do at a fraction £ of the cost ft SUN ^ PER HOUR NO MINIMUM OVERNIGHT SPECIAL! 8:00 P.M.-9:00 A.M. $10.00 SHOP k _ hornsby FIHST 4400 W. RTE. 120 McHENRY ILL '0 QJ 1 Ik 5SSSSSSSSSSSSSSSSS sssssssssssssss Post 491 I --RINGWOOD ROAD, RCHEHRY-^ OPEN TO THE PUBLIC FISH FRY EVERY FRIDAY (5:00 - 9:00 P.M.) •PERCH-ALL YOU CM EAT-OfflEB MENU AVAILABLE PLUS GIANT SALAD BAR INCLUDED HALL FOR RENT PERFECT FOR WEDDINGS, BANQUETS, PARTIES AND MORE