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A. <br />B. <br />C. <br />Return to: <br />Five Points Bank Trust Department <br />2032 Brentwood Ave <br />Grand Island, NE 68801 <br />ASSUMPTION AGREEMENT <br />TIM ASSUMPTION AGREEMENT ("Assumption Agreement") is entered into effective as of <br />the I ' day of July, 2017, by and among Aaron Kully ("Original Borrower"), The A-A-Ron Group, <br />LLC ("New Borrower"), and Five Points Bank, Trustee of the Michael?. Kully Irrevocable Trust <br />("Ltnder"). <br />RECITALS <br />r\1 <br />f <br />Original Borrower obtained a mortgage loan ("Loan") from Five Points Bank, Trustee of the <br />Michael P. Kully Irrevocable Trust ("Original Lender"), which Loan is secured by certain Land <br />and Improvements ("Property"), located in Hall County, Nebraska. The Land is more <br />particularly described in Exhibit A, attached to this Assumption Agreement. <br />Original Borrower executed a promissory note evidencing the Loan, dated September 1, 2016, in <br />the original principal amount of $43,0K00, payable to Original Lender ("Note"). <br />To secure repayment of the Loan, Original Borrower executed and delivered to Origi at Lender a <br />Deed of Trust ("Security Instrument") on September 1, 2016, which is recorded in the land <br />records of Hall County, Nebraska as instrument number 201ta 051095 . The term "Original <br />Loan Documents" means the Note and the Security Instrument. <br />3 4- <br />CD <br />CD <br />(C <br />CJ1 <br />cP <br />