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85- .005460 <br />Loan No <br />ASSUMPTION AGREEMENT <br />W" RELEASE <br />WHEREAS NOME ORAL SAVINGS AND LOAN ASSOCIATION <br />loaned RONALD F. MILLER . unmarri <br />the sum of <br />H1 UVFN HUNnREED ----------- - - -- -- Dollars <br />(S 13,700, OD ), evidenced by note and mortgage dated December 28th 1978 and recorded <br />as Document No. <br />78- 008515 in Hall County, Nebraska . <br />WHEREAS. said Borrowers have sold said property to the undersigned Purchasers and said Purchasers desire to assume and <br />agree 10 pay Sato indebtedness and perform all the obligations under said Loan Contract, and said Sellers desire to be released <br />therefrom, and said Association is willing to accept said assumption and release said original Borrowers: <br />THEREFORE, for and in consideration of the premises and other good and valuable considerations, the undersigned Purchasers <br />hereby assume and agree to pay the indebtedness evidenced by said note and mortgage and perform all of the <br />obligations provided therein, it being agreed and understood that as of this date said indebtedness is 1 ? .4 <br />TWELVE THOUSAND NINE HUNDRED NINETY -EIGHT DOLLARS AND ?_.8/100 -- - - - - -- Dollars ($ 12,998.4$ ) <br />and that the interest rate shall be. <br />11.25 <br />per annum. and that the monthly payments shall be made beginning <br />ft lct day of Noyernh r . 19 85 . In the sum of ONE HUNDRED <br />FOR'Y NINE 'DOLLARS AND 8' -100 ------ --------------- Dollars (s 149.81 _ ) <br />per month, to be applied first to interest and the balance to principal until said Indebtedness Is paid in full, and that, In addition, <br />RT <br />said Purchasers will pay the sum of __LI;j,p.Y_F - <br />Donars (S 35.03 j <br />estimated to be sufficient to pay taxes and Insurance on said property wh,ch estimate may be revised. making a total current <br />payment of rRr nrcr rrru�v Cnitp 11 l !, -'^'i n., - - - - -- Dollars ( :184,.;,4 } <br />IV RLL L 1 <br />per mwth, and that in all other respects, all terms and conditions of said note shall remain In full force and effect, and the <br />.1ndarsigned Association hereby releases and discharges said ongrnal Borrowers upon their personal obligation upon said <br />irlda0tetln W . <br />This MWMWW by said Purchasers is joint and several and shall Wnd them, tnelr hClrs. personal representatives. successors <br />and ago". <br />IN WITNESS WHEREOF. the parties nave nereunto executed this rivr men', roll _ 30th day of <br />October <br />i RONALD T. MILLER (unmarried) <br />tr,.,t- <br />i <br />A <br />STE .EN i' .HANCOCIJ <br />KAREN D. HANCHE 1 <br />ROME FEDERAL SAVINGS AND LOAN ASSOCIATION <br />By <br />of LEmdS _.._._.._._ _._..__ _._.._..... �; «�•. <br />WAf, r'RI PA RE (?v <br />i <br />r. <br />