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<br />100498
<br />11711 11, NIFA LOAN NUMBER: 09702
<br />OWNER (seller): - 'lark J and Nancy Jo Hardey
<br />PROPERTY ADDRESS: 418 W 10th
<br />CITY 6 STATE: Grand Island, Ne 68R01
<br />MORTGAGE /DEED OF TRUST ASSUMPTION AGREEMENT '
<br />THIS AGREEMENT, entered this 26 day of January , 87
<br />, _, by and between
<br />Nebraska Investment Finance Authority, hereinafter called "NIFA ", and (Assumer):
<br />_Roger A. Krzycki, an unmarried person , hereinafter called "Borrower:
<br />WHEREAS, Borrower desires to purchase the following- described real estate:
<br />Lot Seven (7), in Block twenty -four (24),
<br />In Russel Wheeler's Addition to the City
<br />of Grand Island, Hall County, Nebraska.
<br />WHEREAS, there is recorded in the Official Records of Hall County, Nebraska
<br />in Book 83 at Page 6511, a mortgage /deed of trust on said real estate, dated
<br />December 9 , 19 -, in favor of_�tP Firet U ri i r , c
<br />d is�a�d
<br />and assigned to the Nebraska Investment Finance Authority (formerly known as Nebraska
<br />Mortgage Finance Fund), in Bodk 83 at Page 00651; and
<br />WHEREAS, Borrower, as a part of the purchase price for said real estate, desires to
<br />assume said mortgage /deed of trust as described herein and pay the obligations secured
<br />thereby.
<br />The total amount of indebtedness of Borrower to NIFA on account of the hereinbefore-
<br />described note and mortgage /deed of trust as of the date hereof, including all principal,
<br />interest and any other amounts due, is $18,690.15 , hereinafter referred to as the
<br />"principal balance ", which Borrower, jointly and severally, promises to pay NIFA, or order,
<br />at any Nebraska office of the Servicing Lender, together with interest thereon at the rate
<br />of 10.30percent per annum, in monthly installments of $ 265.,00 beginnings
<br />19 86 , (total payment) (due or
<br />It is understood and agreed by the undersigned that the hereinbefore described mortgage/
<br />deed of trust shall constitute and remain as security for the payment of the amount due, as
<br />above set forth, and that all terms and conditions of said mortgage /deed of trust shall
<br />remain in full force and effect.
<br />It is further agreed that if the Borrower makes any prepayment to the principal, that
<br />in addition to such payment, Borrower may be required to pay an amount equal to the
<br />percentage of principal. amount prepaid, as set forth in said note. Borrowers of VA
<br />Guaranty loans or FHA insured loans shall be allowed to make prepayments or pay the loan in
<br />full, at anytime, without penalty.
<br />IN WITNESS WHEREOF, the undersigned have hereunto set their hands the day and year
<br />first above written, and agree that this loan shall be, governed by the law;of Netr4ska.
<br />+t_
<br />Norwegt Bank Nebraska,
<br />Servicing Lender Borrower Royer A. kr2ycki
<br />B y
<br />'iorrower
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