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<br />Prepared by CitiMortgage, Ine
<br />return to Assumption Department
<br />100 Galleria Offieentre MS 0305 Suite 300
<br />Southfield, MI 48034
<br />
<br />200804658
<br />
<br />TO BE RECORDED
<br />
<br />ASSUMPTION AGREEM~NT WITH RELEASE OF LIABILITY
<br />
<br />THIS AGREEMENT, made this 29th day of
<br />Jaequilyn DM Unruh
<br />
<br />May
<br />
<br />2008
<br />
<br />by and among
<br />
<br />Kirk W. Hellwege
<br />
<br />("Sellers"),
<br />
<br />("Purchasers").
<br />
<br />WITNESSETH
<br />
<br />WHEREAS, Purchaser(s) has purchased from the Seller(s) real property located at 317 Redwood Rd
<br />GRAND ISLAND, NE 68803 as set forth in the security
<br />instrument ("Security Instrument") dated July 28, 2005 , which was recorded among the Land
<br />Records of Hall County, State of Nebraska ; and
<br />
<br />WHEREAS, on July 28, 2005 , a note ("Note") covered by the security instrument was
<br />executed by the "Sellers" in the original amount of$109,600.00 ,payable in monthly installments of principal
<br />and interest in the amount of $588.36 each commencing on the first day of September 1st
<br />2005 and continuing monthly thereafter until the first day of August 1st , 2035 ,
<br />when the principal and interest are paid fully. The outstanding balance of the Note as of the date hereof is
<br />$103,526.42 ; and
<br />
<br />WHEREAS, Purchaser desires to assume and to agree to pay the indebtedness and to perform all of the terms
<br />and conditions of the said note and security instrument.
<br />
<br />NOW, THEREFORE, in consideration of one and more dollars ($1.00+) and other good and valuable
<br />consideration, the receipt and sufficiency of which is hereby mutually acknowledged, the parties agree as follows:
<br />I. Purchaser assumes and agx:ees to fay the indebtedness evidenced by said Note according to the terms of the
<br />Note and agrees to keep and to perform al of the covenants and conditions of the security instrument according to
<br />the provisions thereof and agrees to be bound thereby with the same. force effect as though the Purchaser had been
<br />the original maker of the Note and security instrument.
<br />
<br />2. Seller. and Purchaser severally represents, warrant, and agree they have no offsets or defenses of any kind
<br />against enforcement ofthe said Note and security instrument which shall remain and continue in full force and effect
<br />hereby approved, ratified, and confirmed.
<br />
<br />3. Lender understands and agrees that by the execution of this A~eement the Seller is no longer personally
<br />liable to pay the indebtedness evidenced by the said Note and is released from liability.
<br />
<br />4. The liability of those signing this Agreement as Purchaser shall be joint and several.
<br />
<br />5. The word "Note" as used in the Agreement shall be construed to mean the note bond, or any other written
<br />instrument which evidences the indebtedness referred herein. The words "Security instrument" as used in the
<br />Agreement shall be construed to mean the mortgage, deed of trust or other written mstrument which secured the
<br />indebtedness referred herein.
<br />
<br />6. Whenever appropriate, the singular number shall include the plural and the plural number the singular.
<br />
<br />IN WITNESS WHEREOF, intending to be legally bound, the parties have executed this Assignment the day
<br />and year first above written.
<br />
<br />~~~~Unt\ur. ~~~
<br />
<br />Seller:
<br />
<br />Purchaser:
<br />
<br />CitiMortgage, Ine
<br />
<br />RJ SEASER
<br />Assistant Vice President
<br />CitiMortgage, Inc.
<br />Consumer Direct Operations
<br />\ 00 Galleria Officentre/Suite 300
<br />Southfield. MI 48034-8409
<br />248-905-7028
<br />SOE #RJ 11149
<br />
<br />By: ~ --.
<br />RJ Seaser, As istant Viee President
<br />
<br />STATE OF Nebraska
<br />
<br />COUNTY OFHall
<br />
<br />}
<br />
<br />SS:
<br />
<br />On this 29th day of
<br />appeared Kirk W. Hellwege
<br />
<br />May
<br />
<br />2008 ,before me, the undersigned officer, personally
<br />
<br />(Borrowers)
<br />
<br />andJaequiIyn DM Unruh
<br />
<br />(Sellers),
<br />known to me (or satisfactorily proven) to be the person(s) whose name(s) is/are subscribed to within the instrument
<br />and acknowledged that he/she/they executed the same for the purposes therein contained.
<br />
<br />,~~ ~INWITNESSWHEREOF'IhereuntosetmYhandandO~~cia1~. 'alL ~ ~/ir
<br />
<br />a GENERAL NOTARY. State of Nebraska N~ Y P Ie
<br />Jill ELIZABETH A GARDUNO
<br />My Comm, Exp, Man:h 2, 2009 MY COMMISSION EXPIRES: .3 ' :l ,C11
<br />
<br />15368.CV (1/06)
<br />
<br />2002871819A
<br />
<br />GOTQ(OOlabeb6)
<br />
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