|
� .i �
<br /> � a/. _ f �
<br /> _ . � 1 C7 ry �y
<br /> � �
<br /> r� � T �
<br /> YI 2 � � X ... �
<br /> � � Z N � C'-� C'� G� c'`-�D
<br /> �� O �-i � c�V
<br /> � ,� A � :"._i � � O, SS.
<br /> �Lll � � ��, � rn �
<br /> n', !�. � � � cn
<br /> .�-. o
<br /> c.> _...
<br /> V 1 ` tJ � � � �
<br /> C' � W ?� Z F—+ r-N�
<br /> (�, � -`- "-1�'
<br /> `J � f-"�r --D ;a- C� F—a
<br /> � � r � ~ �
<br /> . , N v> � .-r
<br /> 1059580-9 � � �
<br /> ,"" _� ...i v Q� a
<br /> ���- �°I°I r� cn ru
<br /> ` NEBRASKA SUBSTITUTION OF LIABILITY �
<br /> 9 9 1117 6 2 cD�d of Trust) _
<br /> This Agreement made and entered into this 21 s t day of 0 ct ob er, 199 9 by and between ��
<br /> PRINCIPAL RESIDENTIAL MORTGAGE, INC., an Iowa Corporation, hereinafter referred to as the ��
<br /> Mortgagee, Wayne B. Manning of (�
<br /> Grand Island, Nebraska , hereinafter referred to as the Purchasers, and �
<br /> Scott M. Manning and Niki N. Cooper of 6rand Island, Nebraska
<br /> hereinafter referred to as the Sellers, WITNESSETH:
<br /> Whereas on the 28th day of March, 1996 , Sellers executed and delivered a promissory
<br /> note in the principal amount of$49,400 .00 > plus interest, payable to Columbus Federal Savings Bank ,
<br /> which note is secured by a deed of trust of same date as said note, which deed of trust was recorded on the 29th
<br /> day of March in Book at page of the deed of trust records of Hai 1
<br /> County, Nebraska , and which describes property located in Hall County, Nebraska;
<br /> Doc #96-102274
<br /> Lot �ao (2) , Block Sixteen (16) , in the Original Town, now city of Grand Island,
<br /> Hall County, Nebraska.
<br /> Whereas Mortgagee is now the legal owner and holder of said note and the deed of trust securing same
<br /> and Purchasers have purchased the real estate covered by said deed of trust from the Sellers, and Sellers
<br /> desire to be released from all further liability for the payment of said note and Mortgagee is willing to grant
<br /> said release upon agreement of the Purchasers to assume and agree to pay said indebtedness.
<br /> NOW, THEREFORE, in consideration of the premises, IT IS HEREBY AGREED AS FOLLOWS:
<br /> 1. Purchasers hereby assume and agree to pay said note at the times and in the manner provided for
<br /> therein, and Purchasers further agree to be bound by and to perform all of the terms, conditions, covenants
<br /> and agreements contained in said note and the deed of trust securing same, including all modifications and
<br /> extensions thereto, nothing herein being deemed to interfere in any way with the lien of said deed of trust. It
<br /> is agreed that all monthly installments of principal and interest to be paid on and after 10/21/99 , are unpaid.
<br /> 2. Sellers hereby assign and transfer to Purchasers all Sellers' right, title and interest in and to all escrow
<br /> funds presently held or which may later accrue in connection with the aforesaid note and deed ��ii
<br /> including refunds of any nature or fe returned from any source. p��. Mp
<br /> �� ...L., 9
<br /> .•° •. �
<br /> 3. Mortgagee hereby releases an scharges Sellers of and from all liability under the aforesaid o��� pRP��T �'. '�
<br /> and/or the deed of trust securing . Q; G �� � : �
<br /> a� :!n
<br /> Principal Residential Mort �: I�c�92 :_
<br /> Attest:
<br /> � /d••��'••......••'��•.O
<br /> B C ,oW P
<br /> Y
<br /> E.A. Hummel, Vice Presi nt SeC.- David C. Everett, Vice Presi ent & Sec.-
<br /> Default Administration r Nationwide Lending
<br /> r G
<br /> . ��
<br /> �� �^ � ��„�, lo-z�-� i
<br /> Purchaser: wayne B. Manning Seller: $cott M. Manning
<br /> �l�k�� 1i1 .������ �(� -�i -���
<br /> Purchaser: Seller. Ni ki N. Coopel^
<br /> 11929199
<br /> pf2499-1 Page 1 of 2 12/97
<br />
|