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<br />. <br /> <br />200601010 <br /> <br />3. Borrowers' Continuing Liabilitv. The Borrowers agree that Borrowers' present <br />liability under: (a) a Promissory Note dated July 25, 2003 in the face amount of Two Hundred <br />Forty-Five Thousand and Noll 00 Dollars ($245,000.00); and (b) a Promissory Note dated April <br />15,2004 in the face amount of Eighty Thousand and Noll 00 Dollars ($80,000.00), shall not be <br />impaired, prejudiced or affected in any way whatsoever by this agreement, or by the assumption <br />of the Assuming Party of said loans, or by any subsequent change in the terms, time, manner or <br />method of payment of said indebtedness or any part thereof contracted by the Lender and the <br />Assuming Party or the transferees of the Assuming Party, whether or not such changes or such <br />transfers have been consented to by the Borrowers. <br /> <br />4. Continuing Effect. Except as modified hereby, the Promissory Notes and Deeds of <br />Trust described herein shall remain in full force and effect, and the undersigned Assuming Party <br />promises to pay said indebtedness as herein stated and to perform all of the obligations of said <br />instruments of indebtedness and security. <br /> <br />5. Binding Effect. This assumption by the Assuming Party shall bind the Assuming <br />Party and its legal representatives, successors and assigns. <br /> <br />IN WITNESS WHEREOF, the parties have hereunto executed this Loan Assumption <br />Agreement on the date first noted above. .. . /.' /' 1....'_ _Jl. J,... <br /> <br />qfv ~;/~t1tJ <br /> <br />Harr~ihenthal <br /> <br />,)(g.'A'l.e~- Cy ~~ Q :. J-U <br />Wan a R. Ihenthal <br /> <br />"Borrowers" <br /> <br />EQUITABLE FEDERAL SAVINGS <br />BANK OF GRAND ISLAND, a <br />federal savings bank, now known as <br />"Equitable Bank" <br /> <br />-I" / .../) <br />1/ /;Ji / <br />By: ,-:~J--/jl< ----/f//pJ:/,,',o%/.j/. <br />Gail Brummund, Vice President <br /> <br />"Lender" <br /> <br />HUSKER STORAGE, L.L.C., A <br />Nebr. as. ka limited 1.1.'abili~.pa.nY .~. <br /> <br />By: 91~ ~ ~~.~ <br />Harry L4L~ <br /> <br />"Assuming Party" <br /> <br />STATE OF NEBRASKA ) <br />)ss: <br />COUNTY OF HALL ) <br /> <br />The foregoing Loan Assumption Agreement was acknowledged before me this ~ <br />day of February, 2006 by Harry L. Lilienthal and Wanda R. Lilienthal, husband and wife. <br /> <br />~.U.i~~ L&.L-/(! <br />Notary Public ' <br /> <br />My commission expires: Ocld>o:r d \" ~o07 GENERALNOTARY.StateofNebrallla <br />BRANDON s. CONNtCt,( <br />My COmm. Exp. Oct. 21, 200' <br /> <br />