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<br /> �Ct1YAT�� �('i����
<br /> (H�,fik� �t��ea���) ��c° ���?�i��� �
<br /> z8L8 1►83UE�'�'ION AOR$�l�lBN'� i• a�ad� thi� �'f 1_ d�y o�
<br /> , 199_, by and betw��n JIM U!lt�L and Jl�ltET Ol+!l�L, bus-
<br /> wn ani wif�, h�r�inafter ref�rred to a� "Borrorr�r" and RON�LD
<br /> J. VI.]1C� and L=NDA tR,liCHr hu�band and wifs, hdreinaYt�r xel��rrad
<br /> to aR '�ayes" and !!ID-NBBRilS1cA DISP(3811L INC., s N�bra�ka aorpora-
<br /> t�l.on, hsra.�.nafter referred to as "A��uming Barty".
<br /> WITNS5SRTH: �
<br /> W9gASAS, Boxrower i� dasirou• of •alling asrtain r�al prop-
<br /> srty l�gally desoribad �rs --
<br /> Ala. of Lot Three (3� except the Nortih Fosty (�0) feet
<br /> and the North Half (N�) af Lot Four (4) in Garden
<br /> Place, a subdivision og pt►rt of the Northwaet Quartgr
<br /> Ranqe t�ine�(9)�West of, the�6th P�Mip Hal.l Couz�ty,L�iorth,
<br /> �iebra�ka,
<br /> to l�s�uaaiag Pdrty condit:loned upon a��waption of certain indabt-
<br /> ednss. cre6Vaci a`+jr �i16 �i:.�y-n:Z �'=r=�='-"" nf wuah real p=op�srty;
<br /> And
<br /> ii�Rg1�.S, Asowainq Psrtg i� de�irou• of assuming sll obliqa-
<br /> tion� in resp�ct ta a► certai.n Install�oent Proni.ssory Ncts dated
<br /> Actob�r 16, 1995, in the oriqinal prineipal a�a�ount of Zhf.rty�
<br /> 81ght Thov.sand and No/100 Dollar• iS38,000.00) ("the In�tail�nt
<br /> proa3�sory Note") and further assuming all obligations in re�p�ct
<br /> ta tli�t osrtain D�ed of Trust datsd October 16, 199'�,, and f.iled
<br /> Octol�er IS, 1995, a� Doau�aent No. 95-1070�17 in the Office of the
<br /> � Reqistsr a� Deeds of HalL Couaty, N�ebraska ("the� De�d of Tru�t") f
<br /> and
<br /> ilABRBAS, Pa�r�e aon�sents to guch aeswnptioa in e�caordanaa
<br /> �! with the tern� of thi� �eumption Agreement and agr��s not to aa-
<br /> = cele�rate tha indsbtedness evidsnaad by suah Instal].�ae�t Promis-
<br /> •ory Note and Pnysa aaneents to the release of the �orrower fron�
<br /> psrsonal liability in respect t�► ee►id Inrtallm�nt Proasieeory
<br /> Nots.
<br /> � �IOW, THBREFOR�, in �onsideration af �he ma�ual eoveiaants
<br /> , hexsin contained, i� is aqreed=
<br /> 1� Peyea doe� hereby aoneent to the asswuption of �aid
<br /> • Installnent Promiseary Note by the Asewc�.i.ag Party and agsees no�
<br /> '� to dealase n dofe�ult by reason of auah aseumpt3.on by the I►sewafnq
<br /> ` party, provided nll remainiag indebtedaess and �he terms nnd onn-
<br /> ` dit3,.on�a of euch Inatall�aent Promiee�ory Note and Deed of Truet ara
<br /> � wel�. and truly satiafied by th� Aeswainq Party. Said Inat�sl].me�nt
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