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MPACS LOAN NUMBER: OWNER (seller): ROBERT G. MQgOSIC & DANI J. MOROSIC 00,2580 PROPERTY ADDRESS: 102 Comet Court CITY & STATE: Alda NE 68810 MORTGAGE ASSUMPTION AGREEMENT 1980 Series A & B THIS AGREEMENT, entered into this 30th day of may , 1985 , by! and between Nebraska Investment Finance Authority, hereinafter called "Nifa ", and (Assumer): REX W. ROBERTS & JOANNE M. ROBERTS , hereinafter called "Borrower" WHEREAS, Borrower desires to purchase the following- described real estate: LOT NINE (9) IN ARGO THIRD SUBDIVISION, HALL COUNTY, NEBRASKA. WHEREAS, there is recorded in the Mortgage Records of HALL County, 0 cumert # 80- 002355 Nebraska in Book at Page a mortgage on said real estate, dated May 19 19 80, in favor of HOME FEDERAL SAVINGS & LOAN ASSN. and assigned to the Nebraska Mortgage Finance Fund, (whose successor is the Nebraska investment Finance Authority), in i00161tmert # 8at0rage ; and WHEREAS, Borrower. as a part of the purchase price for said real estate, desires to assume said mortgage as described below and pay the obligations secured thereby. The total amount of indebtedness of Borrower to NIFA on account of the herein - before- described note and mortgage as of the date hereof, including all principal, interest and any other amounts due, is $ 38.335.16 , 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 1075 percent per annum, in monthly installments of $ 373.40 beginning Jure 1 �. 19 8S It is understood and agreed by the undersigned that the hereinbefore described mortgage shall constitute and remain as security for the payment of the amount due, as above set forth, and that all terms and conditions of said mortgage shall remain in full force and effect. It is further agreed that if within the first four years from May 19, 1980 (the Date of the Note) the lorrower makes any prepayment to the principal, that in addition to such payment, Borrower shall 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 hereunto set their hands the day and year first above written, and agree that this loan shall be governed by the law of Nebraska. I FEDERAL 5AV1Nt vi -& LOAN A55N. Servicing Lend. i By:_i1 _ xx 1� NIFA •• (4/S4) IT'S,') A 4 49aq rmpt i<ra Borrowdr: i a x I s7n r6 r? e•• Co- Borrower (spodse� N