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<br />Recording Requested By, ~ ~ ::t ~ ~
<br />And After Recording, Return To: ~ '" ~ (/)
<br />WELLS FARGO BANK, ~""':;l'lIi; :c
<br />NATIONAL ASSOCIATION ~ S
<br />304 W. 3rd Street ~ ......
<br />Grand Island, NE 68801 'h-
<br />Attn: Bradley T. Bell
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<br />200702857
<br />
<br />ASSUMPTION AGREEMENT OF DEED OF TRUST
<br />
<br />THIS ASSUMPTION AGREEMENT (this "Agreement") is entered into as tI~.s:2007 by and
<br />between Donald D. Mehring, not personally but as Trustee on behalf of The Nancy A. Erwin Trust under
<br />Agreement dated June 23, 1989 (the "Nancy Erwin Trust") and Donald D. Mehring, not personally but as
<br />Trustee on behalf of the Elizabeth A. Erwin Trust under Agreement dated May 10, 1994 (the "Elizabeth
<br />Erwin Trust") (the Nancy Erwin Trust and the Elizabeth Erwin Trust are each a "Trustor"); Nancy A. Erwin
<br />and Elizabeth A. Robertson (formerly known as Elizabeth A. Erwin) (each individually, an "Initial
<br />Transferee"); Nancy A. Erwin, Trustee of the Nancy A. Erwin Declaration of Trust dated March 10, 1986
<br />(the "Nancy Erwin Declaration of Trust", a "Transferee"), and Kent S. Robertson and Elizabeth A.
<br />Robertson, Trustee of the Kent S. Robertson and Elizabeth A. Robertson Declaration of Trust dated
<br />January 20, 2006 (the "Kent and Elizabeth Robertson Declaration of Trust", a "Transferee"); and Wells
<br />Fargo Bank, National Association, as successor in interest to Wells Fargo Bank Nebraska, National
<br />Association, a national banking association ("Lender").
<br />
<br />RECITALS
<br />
<br />WHEREAS, Conestoga Properties, a Nebraska general partnership, obtained a loan from Lender
<br />evidenced by, and subject to the terms of, that certain promissory note dated as of November 12, 2003, in
<br />the original principal amount of $670,000.00 (the "Note"), secured by a deed of trust by each of the
<br />general partners of Conestoga Properties: The Nancy Erwin Trust; Donald D. Mehring, not personally but
<br />as Trustee on behalf of The John M. Mehring Trust under Agreement dated May 21, 1994; The Elizabeth
<br />Erwin Trust; Donald D. Mehring, not personally but as Trustee on behalf of The Christian S. Mehring Trust
<br />under Agreement dated January 20, 1995; and by Donald D. Mehring and Marilyn J. Mehring, husband
<br />and wife, each a Trustor, to Wells Fargo Financial National Bank, as Trustee, for the benefit of Lender, as
<br />Beneficiary, dated as of November 12, 2003 and recorded on November 14, 2003, as Instrument No.
<br />0200314966, of the Official Records of Hall County, Nebraska ("Deed"), with respect to the real property
<br />described on Exhibit A attached hereto and incorporated herein by this reference.
<br />
<br />WHEREAS, The Nancy Erwin Trust transferred all of its interest in the title to the real property
<br />encumbered by the Deed (the "Property") to Nancy A. Erwin, individually. Subsequently, Nancy A. Erwin,
<br />individually, transferred all of her interest in the title to the Property to the Nancy Erwin Declaration of
<br />Trust.
<br />
<br />WHEREAS, The Elizabeth Erwin Trust transferred all of its interest in the title to the Property to
<br />Elizabeth A. Robertson, individually. Subsequently, Elizabeth A. Robertson, individually, transferred all of
<br />her interest in the title to the Property to the Kent and Elizabeth Robertson Declaration of Trust.
<br />
<br />WHEREAS, The Nancy Erwin Trust, Nancy A. Erwin, individually, and the Nancy Erwin
<br />Declaration of Trust have requested that Lender consent to such transfers and permit the assumption by
<br />the Nancy Erwin Declaration of Trust of the obligations of The Nancy Erwin Trust and of Nancy A. Erwin,
<br />individually, to Lender under the Deed.
<br />
<br />Assumption of DOT - Conestoga Properties Note
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