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NIFA LOAN NUMBER; 01- 132 -00403 OWNER (seller); Scott A. Twesdly PROPERTY ADDRESS; Z2Q7 W. Charlaa 105824 CITY a STATE: d s and NE 68801 87— WRTGAGg /DEED OF TRUST ASSUMPTION AGEIRMT THIS AGRERMT, enterer! this 1st day of October , 19 67, by and between Nebraska Investment Finance Authority, hereinafter called "NIFA ", and (Assumer); Jas L. Jacobson, a single person , hereinafter called "Borrowers WHEREAS, Borrower desires to purchase the following- described real estate; Lot Two (2), in Block Five (5), in Ashton Place, an Addition to the City of Grand Island, Hall County, Nebraska. as O�, tP 8[g 0p worded in the Official Records of Hall County, Nebraska IiJW(XWU( XXXXRUV*jlXXXXXX, a mortgage /deed of trust on said real estate, dated April 25th , 19_x, in favor of Home Federal Savings and Loan Association and assigned to the Nebraska Invest ut Fivangce Authority (formerly known as Nebraska Mortgage Finance Fund) ,AMA(7S�OI�cQXXXXX�c 7 XXXXYXand WHEREAS, Borrower, as a part of the purchase price for said real estate, desires to assume said mortgage /deed of trust as described herein and pay the obligations secured thereby. The total amount of indebtedness of Borrower to NIFA on account of the herainbefore- described note and mortgage /deed of trust as of the date hereof, including all principal, interest and any other amounts due, is $ 429612.43, hereinafter referred to as the "principal balance ", which Borrower, jointly and severally, promises to pay NIFA, or order, at any Nebraska office of the Servicing Lender, together with interest thereon at the rate of ln_7SVercent per annum, in monthly installments of $ 419.14 beginning November -,t , 19_W . It is understood and agreed by the undersigned that the hereinbefore described mortgage/ deed of trust shall constitute and remain as security for the payment of the amount due, as Jove set'forth,.and that all terms and conditions of said mortgage /deed of trust shall remain in full ,force and effect. It is further agreed that if the Borrower makes any prepayment to the principal, that in addition to such payment, Borrower may be required to pay an amount equal to the percentage of principal amount prepaid, as set forth in said note. Borrowers of VA Guaranty loans or FHA insured loans shall be allowed to make prepayments or pay the loan in full, at anytime, without penalty. IN WITNESS WHEREOF, the undersigned have here.into set their hands the day and year _first above written, and agree that this loan shall be governed by the law of Nebraska. Federal Savings and Loan Association Servicing Lamer Borrower James L.Itacobsen i� By C : Borrower NIFA (7/66)