Laserfiche WebLink
<br />200807363 <br /> <br />not to declare a default by reason of such assumption by Continuing Obligor of the entirety of <br />the remaining obligation, provided all remaining indebtedness and the terms and conditions of <br />the Promissory Note and Deed of Trust are well and truly satisfied. <br /> <br />2. Provisions of Assumption. The Continuing Obligor does hereby assume and <br />agree to pay the entirety of the Released Obligor's indebtedness evidenced by the Promissory <br />Note. Moreover, the Continuing Obligor does hereby assume and agree to also perform all of the <br />obligations of the Released Obligor contained in the Deed of Trust. <br /> <br />3. Release of Released Obligor. In consideration of the assumption by the <br />Continuing Obligor of the obligations herein to be assumed, Lender hereby releases Released <br />Obligor from any further liability in respect to the obligations assumed effective upon the <br />execution of this Agreement by all parties herein identified. <br /> <br />4. Continuing Effect. Except as modified hereby, the Promissory Note and Deed of <br />Trust shall remain in full force and effect. <br /> <br />5. Binding Effect. This assumption by Continuing Obligor shall bind Continuing <br />Obligor and his heirs, legal representatives, successors and assigns. <br /> <br />IN WITNESS WHEREOF, the parties have hereunto executed this Loan Assumption <br />Agreement on the dates noted below. <br /> <br />Date: August 23 , 2008 <br /> <br /> <br />"Continuing Obligor" <br /> <br />HOME FEDERAL SAVINGS AND <br />LOAN ASSOCIA nON OF <br />GRAND ISLAND <br /> <br />Date: August 2.5, 2008 <br /> <br />By: ~flL <br /> <br />Kurt A. Haecker, Vice President <br /> <br />"Lender" <br /> <br />STATE OF NEBRASKA ) <br />) ss: <br />COUNTY OF HALL ) <br /> <br />On this ci'3l-J day of August, 2008, before me, the undersigned, a Notary Public duly <br />commissioned and qualified for said County, personally came Donald D. Mehring, Trustee of the <br />John M. Mehring Trust, known to me to be the identical person whose name is subscribed to the <br />foregoing Loan Assumption Agreement, and acknowledged the execution thereof to be his <br />voluntary act and deed as Trustee of the John M. Mehring Trust. <br /> <br />~U~ <br /> <br />Notary Public~ <br /> <br />My commission expires: O(\:-p}..,c rd\ .~.A \ <br /> <br /> <br />GENERAl NOT ARV . $tate of Nebraska <br />BRANDON S. CONNICK <br />My Comm. &po Oct 21,2011 <br /> <br />2 <br />