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t 202305920 Return to: Brandon S. Connick Smith Johnson Law Firm 104 N. Wheeler Avenue Grand Island, NE 68801 LOAN ASSUMPTION AGREEMENT (With Release) THIS LOAN ASSUMPTION AGREEMENT is made and entered into on this 31st day of October, 2023 by and among K -G LEGACY, LLC, a Nebraska limited liability company, hereinafter reg erred to as the "New Obligor"; RICK N. FOXWORTHY and KAREN L. FOXWORT , husband and wife, hereinafter collectively referred to as the "Lender"; and CAMS I STMENTS, L.L.C., a Nebraska limited liability company, hereinafter referred to as "Released Obligor". WITNESSETH: WHEREAS, Rebased Obligor executed a Promissory Note dated April 1, 2021 in the principal amount of One Hundred Seventy -Nine Thousand Six Hundred Fifteen and 50/100 Dollars ($179,615.50) (tie "Promissory Note") in favor of Lender; WHEREAS, the Promissory Note is secured by that certain Deed of Trust dated April 1, 2021 and filed ithe Office of the Hall County, Nebraska Register of Deeds on April 1, 2021 as Instrument o. 202102677 (the "Deed of Trust"); WHEREAS, Ne Obligor desires to assume the obligations of the Released Obligor under the Promissory ote and Deed of Trust; and WHEREAS, Lender is willing to permit the assumption by New Obligor of the Released Obligor's liabi_ity under the Promissory Note and Deed of Trust, subject, however, to the terms of this Loan Assumption Agreement. NOW, THEREF is agreed: 1. Recitals. RE, in consideration of the mutual covenants herein contained, it The foregoing recitals are incorporated herein by this reference. 2. Consent to Assumption. Lender does hereby consent to the assumption by New Obligor and New Obligor, upon execution of this Loan Assumption Agreement, hereby assumes all of Released Obligor's obligations under the Promissory Note and Deed of Trust effective as of the date f this Loan Assumption Agreement and Lender agrees not to declare a default by rea on of such assumption by New Obligor of the entirety of the remaining obligations, rovided all remaining indebtedness and the terms and conditions of the Promissory Note and Deed of Trust are well and truly satisfied. 3. Provisions of Assumption. The New Obligor does hereby assume and agree to pay the entirety of the eleased Obligor's remaining indebtedness evidenced by the Promissory Note. Moreover, the New Obligor does hereby assume and agree to also perform all of the oblig tions of Released Obligor contained in the Deed of Trust. 4. Release o Released Obligors. In consideration of the assumption by the New Obligor of the obligatio s herein to be assumed, Lender hereby releases Released Obligor 1