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<br /> � .�� � ' , ` , . � � � � 108i�'� .
<br /> �� � . . . � 9�.--
<br /> �� � to the Pissu�a3.ag Party coaditioaed `upon� asaumption of certain_
<br /> . � indebtedness `created by the oriqinal pur�hase cf sucb. real
<br /> . prcperty�; . . � � __
<br /> ' , � W�R�, l�su�inq part� is.desirons of assuming all� obliga-
<br /> tions in espect to a certa.�.r► Deed of T�ust Note beariag�the date
<br /> of- u , �1991, in the oriqinal psincipal aaaunt oandlin
<br /> � ' gUa e �g teen �nous�a ana rrollao noiiars (�515,000.001.,:
<br />--- �espect to a Loan Aq�eemeat of even date with sucb�Deed�af. Trnst_ .
<br />- �dte�,. and further� assumin9 a�7.1 obls ations in respect to that
<br />`= certain Deed of• Trus� dat�d tG. 1991. upan .tlae above- ,
<br />-- . described_real estate given �s security for saad- Nats and fi.�e�'
<br /> cf� record in the office of the Real Estate.���ords Qf .$a� .
<br /> Caunty, Nebraska. � '` �j;`'� � • ; °
<br />�., , .;;;;:;.,;;��,,�. :; ..`- �. :�,
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<br /> r.: ' • WHEgE1�S, Lender consents to sucti''as�uaP���t=:�� '��ordaace e0�-
<br /> - . �ri.th the terms pf this Assumption Agreement a.�.�`�:aqre�es not �� :. ,..`' ______
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<br />' accelerate the i:ndebtedness .eQ'sdenced by suab I+i�tef a�►t�� . _ ___ -
<br /> WH�REAS, Lender consents'to, a release af t�A�::`:��w�r from :-:: -_-,.
<br /> c��� personal liabi�ity, in resp�at �o sai.d Note; • �� � ''�•}�' �'�'�
<br /> - . 2 covenan�s , �-� -
<br /> � �� NOW, THEREFORE, i.n� coasnileratioa of tbe 1�ntus , , .
<br /> 'Y ' , herei.n. coatained, it is a"c�reeds � '
<br /> :. S�, :.
<br /> .`:�x ,�
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<br /> � :�,._, ; I,ender doss hereby ,consent to the ass�maption of said ;� :,�,,
<br /> ' + � �Aeed of Trust ,Note and the ��gations of the Iaan Aqzeemen�. ia � _,��h?y� -
<br /> .�.. . " respect the`re�o by the Asstunir�-+� Party and agre�s.not to deala� .a E :���: _
<br /> � `.'; �' `�� � � default by reason of sucb assun►ption by the Assumim�,� �a=�Y: � ..r:•` .
<br /> - ��`��`��.: ,�=�` " Provided all remair�in9 in8ebtedness and the terins anc8 �onditions .. - ;��==.t::.
<br /> .. .,,,�.,.-
<br /> ' . of such Deed of Trust Note, Loan Agreeme Pa�d.Deed'of Trnat are J �.r._ .._
<br /> . , :t� .'.ecc r
<br /> � „•�• well and truly satisfied by the Assuming y � �.'-'� ' .
<br /> . _�: .
<br /> '�- �� The.�Assuming Party does hereby assume and agree to pay � ,.. �-,�� ;
<br /> -;��. `. 2. �.� . _
<br />� � :�-::;=;�:, � the ' debtedness evidenced by said Deed of Tsust Nate dated ._
<br />• - - - _ � � ].991, and to perform all of the obligations !_�. . `_:,_,_
<br /> � . �:
<br /> � provzded therein and in the Z��n Agreement and the Deed of Trus� „ =i�:�
<br /> above identified securinq the:,same; it beinc� understood and � _�a�
<br /> � �� r �' � �` ag���d that as of t�cas date sas.d priacipal iadebtedness is Five ����� . ; __
<br /> .s.;;?:;
<br /> •.� :r,;;;::r • � . ;;�,�ii Fifteen Thou��.'�d an8 No/lOt1 .Lti'ollars (�515,000.00) pa��at . {`� . . �t.n5_ _�
<br /> *'�'-�,.�r..: . , r -_
<br />• -:+�^. >- the paymen�s provided theresn shali be made� b� Ass�ar.,i�9 Y �.,.• ; .� i.,��
<br /> •t�;•-- � =,`` . , co�nencing with that payment a.ze February 1, �392, as reguired by t,,,,„.;.. :y���_
<br /> �`.,�. ..,
<br /> � �`��� '� ' such Deed of Trust Note, u��tsl such time as the entire then ,� �,-..
<br />- ��'~� � remaininq principal balance r� taqether with acarued interest ��°�i�°;'� � -_.-
<br /> �` �`����� shall have been paid pursuant to tYie terms thezeo�. �. , :,__
<br /> . .�. : � "t.}�j�;,�,� � thereon, _ � � '�_-
<br /> :,l�t� t 4� — _
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<br /> : .'+1:)_)i� .��i.::'�y.7 , � :r•• • _
<br /> 4,,-,` • 3. From and a�ter the date �f the exeaution of this :, � _
<br /> � � ���� � Assumption Agreemen�, Borre�er shall be released from all , ,, :r
<br /> . • -. �;,�;.,. , �
<br /> � �`t�"•• ,- peYSOnal liability i�ti respect to the Deed of Trust Note, Lvan�
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<br />. ,�o;.;''= . ��;;. Agreement and Deed �a� Trust E�ereby assumed by Assuming Party, ib � _ . , ,
<br /> ai; g Part shall be considered as .
<br /> � .,;��' -� '-���.;_';_� ; bein understoad that Assu�.i,ng Y ; . _
<br /> ��`t �.� �`� ' � " having been substituted for �rrower in liability for performance �
<br /> .s. y;t;.... i .
<br /> j����=-''t"".'`', ' pf� a11 remaining obligations in respect to s�ch Note, i,oan A.qree- � -�,t�,�,;.
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