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ISLAND, hereinafter referred to as "Home Federal ", loaned RONALD L HULME A/K /A RON L HULME
<br />AND SHEILA R HLj.Nffi.. HUSBAND AND WIFE hereinafter referred to as "Borrower", the original
<br />principal sum of NINETY THOUSAND AND NO /100 Dollars 90 000.00 as evidenced by a mortgage
<br />note dated APRIL 23 2003, and secured by a mortgage /deed of trust with the original principal in the sum of
<br />THIRTY THOUSAND SIX HUNDRED AND NO /100 DOLLARS 30 600.04 dated APRIL 23 2003 and
<br />recorded MAY 5..2003 as DOCUMENT # 0200305585*_ AND a Deed of Trust with the original principal in
<br />the sum of FIFTY NINE THOUSAND FOUR HUNDRED AND NO /100 DOLLARS 59 404.00) dated
<br />APRIL 23 2003 and recorded MAY 5 2003 AS DOC #0200305586 in the Office of the HALL COUNTY
<br />REGISTER OF DEED'S OFFICE IN HALL COUNTY, NEBRASKA and
<br />WHEREAS, said Borrowers have sold to the undersigned Purchasers the property legally described
<br />as.
<br />THE WESTERLY THIRTY SIX FEET FOUR INCHES OF THE SOUTHERLY HALF (S ' /a) OF THE
<br />WESTERLY SEVENTY FOUR AND ONE QUARTER FEET (W74'/4') OF LOT NINE (9) OF THE
<br />COUNTY SUBDIVISION, OF THE SOUTH HALF OF THE SOU'T'HEAST QUARTER (S 1/, SE 1/4) OF
<br />SECTION SIXTEEN (16), IN TOWNSHIP ELEVEN (11) NORTH, OF RANGE NINE (9) WEST OF THE
<br />6'H P.M., IN HALL COUNTY, NEBRASKA BEING A RECTANGULAR PIECE OF GROUND HAVING
<br />A SGUT-HERLY-TRONTAGE OF 36 FEET FOUR INCHES ON LOUISE STREET AND A DEPTH OF
<br />180 FEET;
<br />F.-ML11
<br />LOT EIGHT (8), BLOCK ONE HUNDRED FORTY -FIVE (145), UNION PACIFIC RAILWAY CO'S
<br />SECOND ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />WHEREAS, Purchasers desire to assume and pay the remaining indebtedness described above as
<br />evidenced by the aforementioned note and mortgage /deed of trust; and
<br />WHEREAS, RONALD L HULME A/K/A RON L HULME, (As Borrower) desires to be released
<br />from any further obligation in respect to the above described note and mortgage /deed of trust; and
<br />WHEREAS, Home Federal is willing to permit the assumption by Purchaser of the note and mortgage /deed of
<br />trust and release RONALD L HULME AMA RON L !RAM--E, ____(Borrower) from the obligations
<br />evidenced by the aforedescribed note and mortgage /deed of trust;
<br />NOW, THEREFORE, in consideration of the mutual covenants herein contained, it is agreed:
<br />1. The undersigned Purchasers hereby assume and agree to pay the remaining indebtedness evidenced
<br />by the aforedescribed note and mortgage /deed of trust and perform all of the obligations provided therein and
<br />as modified hereby, it being agreed and understood that as of this date said indebtedness is SEVENTY
<br />EIGHTY THOUSAND FOUR HUNDRED NINETY EI HT AND 19/100 Dollars 78 498A .
<br />2. The terms of the repayment of the debt evidenced by the aforedescribed Note and Deed of Trust
<br />will remain in effect until the unpaid balance of said indebtedness shall be at the rate of SIX AND ONE
<br />FOURTH PERCENT ¢.25 %Zper annum„ and that monthly payments shall be made commencing on the I ST
<br />day of FEBRUARY, 2005, and continuing on the 1 ST day of each month thereafter, it being further agreed
<br />that such principal and interest payments shall be in the amount of ONE THOUSAND TEN AND 52/100
<br />Dollars tjLQL0. 52 per month, to be applied first to interest and the balance to principal until said
<br />indebtedness is paid in full, and that, in addition, said Purchasers will pay the sum of NO /100 Dollars 0.00)
<br />per month in escrow estimated sufficient to pay taxes and/or insurance on said property, which estimate may
<br />be revised from time to time by Home Federal, making a total current payment of ONE THOUSAND TEN
<br />AND 52/100 Dollars 1 010.52 per month.
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<br />LOAN MODIFICATION AND ASSUMPTION
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<br />AGREEMENT WITH RELEASE
<br />200503864
<br />WHEREAS
<br />HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND
<br />ISLAND, hereinafter referred to as "Home Federal ", loaned RONALD L HULME A/K /A RON L HULME
<br />AND SHEILA R HLj.Nffi.. HUSBAND AND WIFE hereinafter referred to as "Borrower", the original
<br />principal sum of NINETY THOUSAND AND NO /100 Dollars 90 000.00 as evidenced by a mortgage
<br />note dated APRIL 23 2003, and secured by a mortgage /deed of trust with the original principal in the sum of
<br />THIRTY THOUSAND SIX HUNDRED AND NO /100 DOLLARS 30 600.04 dated APRIL 23 2003 and
<br />recorded MAY 5..2003 as DOCUMENT # 0200305585*_ AND a Deed of Trust with the original principal in
<br />the sum of FIFTY NINE THOUSAND FOUR HUNDRED AND NO /100 DOLLARS 59 404.00) dated
<br />APRIL 23 2003 and recorded MAY 5 2003 AS DOC #0200305586 in the Office of the HALL COUNTY
<br />REGISTER OF DEED'S OFFICE IN HALL COUNTY, NEBRASKA and
<br />WHEREAS, said Borrowers have sold to the undersigned Purchasers the property legally described
<br />as.
<br />THE WESTERLY THIRTY SIX FEET FOUR INCHES OF THE SOUTHERLY HALF (S ' /a) OF THE
<br />WESTERLY SEVENTY FOUR AND ONE QUARTER FEET (W74'/4') OF LOT NINE (9) OF THE
<br />COUNTY SUBDIVISION, OF THE SOUTH HALF OF THE SOU'T'HEAST QUARTER (S 1/, SE 1/4) OF
<br />SECTION SIXTEEN (16), IN TOWNSHIP ELEVEN (11) NORTH, OF RANGE NINE (9) WEST OF THE
<br />6'H P.M., IN HALL COUNTY, NEBRASKA BEING A RECTANGULAR PIECE OF GROUND HAVING
<br />A SGUT-HERLY-TRONTAGE OF 36 FEET FOUR INCHES ON LOUISE STREET AND A DEPTH OF
<br />180 FEET;
<br />F.-ML11
<br />LOT EIGHT (8), BLOCK ONE HUNDRED FORTY -FIVE (145), UNION PACIFIC RAILWAY CO'S
<br />SECOND ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />WHEREAS, Purchasers desire to assume and pay the remaining indebtedness described above as
<br />evidenced by the aforementioned note and mortgage /deed of trust; and
<br />WHEREAS, RONALD L HULME A/K/A RON L HULME, (As Borrower) desires to be released
<br />from any further obligation in respect to the above described note and mortgage /deed of trust; and
<br />WHEREAS, Home Federal is willing to permit the assumption by Purchaser of the note and mortgage /deed of
<br />trust and release RONALD L HULME AMA RON L !RAM--E, ____(Borrower) from the obligations
<br />evidenced by the aforedescribed note and mortgage /deed of trust;
<br />NOW, THEREFORE, in consideration of the mutual covenants herein contained, it is agreed:
<br />1. The undersigned Purchasers hereby assume and agree to pay the remaining indebtedness evidenced
<br />by the aforedescribed note and mortgage /deed of trust and perform all of the obligations provided therein and
<br />as modified hereby, it being agreed and understood that as of this date said indebtedness is SEVENTY
<br />EIGHTY THOUSAND FOUR HUNDRED NINETY EI HT AND 19/100 Dollars 78 498A .
<br />2. The terms of the repayment of the debt evidenced by the aforedescribed Note and Deed of Trust
<br />will remain in effect until the unpaid balance of said indebtedness shall be at the rate of SIX AND ONE
<br />FOURTH PERCENT ¢.25 %Zper annum„ and that monthly payments shall be made commencing on the I ST
<br />day of FEBRUARY, 2005, and continuing on the 1 ST day of each month thereafter, it being further agreed
<br />that such principal and interest payments shall be in the amount of ONE THOUSAND TEN AND 52/100
<br />Dollars tjLQL0. 52 per month, to be applied first to interest and the balance to principal until said
<br />indebtedness is paid in full, and that, in addition, said Purchasers will pay the sum of NO /100 Dollars 0.00)
<br />per month in escrow estimated sufficient to pay taxes and/or insurance on said property, which estimate may
<br />be revised from time to time by Home Federal, making a total current payment of ONE THOUSAND TEN
<br />AND 52/100 Dollars 1 010.52 per month.
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