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ASSi3~'iZ~I AGRFa'tENi' FFL Loan No. 33498-1-15 83~-a- vu~~~.~: This Agreement entered into this s~-- day of ~ ~~ .r ~ ~r 1982 between FIRST' FEL1I32Ai. SAVIt~TGS AND LOAN ASSOCIATI~] OF L?~`dQJLN, hereinafter referred to as "Lender", REAL ESTATE INVESTORS, INC., a Nebraska. Corporation, :hreinafter referred to as 'Transferee", and NIEIS C. N1cISS~Su 71T, hereinafter referred to as "Guarantor". LEGAL I~SCRIPTICII: Refer to Exhibit "A" attached hereto and made a part hereof. tdITIF.SSETH: 1. In coiuiection with the acquisition by Transferee of title to the real Property described in that certain Mortgage dated July 28, 1977, and recorded as Doctma<zt PJo. 77-004'278 in the Register of Deeds Office of Hall County, Nebraska on July 28, 1977, said Mortgage and other security instr~2ts securing a ProIDissorp Note of even date therewith in the original. amount of $450,000.00, naa gayable to Lender having an unpaid principal balance after application of the August 1, 1982 payment of $400,622.91, and in amsideration of Lender's forbearing to exercise its rift pursuant to the terns and conditions of said P"vrtgage to accelerate payment of the principal balance oHring to Lender by reason of the transfer of said real property to Transferee, Transferee and Guarantor hereby unconditionally, joirnly and severally, assume and agree to pay said Promissory idote in accordance with its terms, and alt s~ewals, extensions and prior modifications (if any) thereto, and all other obliga- tions due to Fender under this loan, and to perform and observe all PSortgagor's obligations contained in and in accordance with the provisions of said Pflrtgage, Assigt of Leases, Rents and Profits, and other severity instrum~ts whidi may have been executed by Mortgagor. 2. The real Rroperty, and the whole thereof, described in said Mortgage shall *~+~*+ subject to the lien, charge or encumbrance of said Portgage> and nothing herein containned or done pursuant hereto shall affect or be construed to affect the lien, charge or enctmbrance of said';•fortgage, or the priority thereof over other Liens., car-ges , or encx~nbzareaes . 3. The provisions of said Proeussory Note and Mortgage and other security i.nstxv~ts shall zsmain irr full force and effect, and shall remain unchanged, except that Transferee and Gusratttor agree that para,~,ra}in 17 of said rortgage dated July 28, }.9'7T shall be deleted and the follcawing paragraph substituted therefor: Fze i of~ ~;