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<br />84- 081333
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<br />to release said Borrowers from their present liability on
<br />said Note and Mortgage;
<br />THEREFORE, in consideration of the mutual covenants and
<br />agreements contained and for other good and valua,o:le cOtl..ilil~~'
<br />tion,
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<br />IT IS HEREBY AGREED as follows:
<br />1, Nebraska Mortgage Finance Fund does hereby cOiuseJtt;
<br />to the sale and conveyance of said premises by the afote..i1dr:
<br />Borrowers to Purchasers.
<br />2, Nebraska Mortgage Finance Fund and
<br />agree to the modification of said Note.
<br />3, The Purchasers do hereby assume and agree to PllY
<br />said mortgage indebtedness evidenced by said Note and Ml)~t:."g~
<br />and to perform all of the obligations provided therein. it
<br />being agreed and understood that after application of the
<br />payment of the Purchasers of Six Thousand Two Hundred Fifty
<br />Two and 53/100 Dollars ($6,252.53) to Nebraska Mortgage Finanee',
<br />Fund, said indebtedness, as of this date, is Twenty Nine Thousan~,
<br />Dollars ($29,000,00), and that the interest rate shall be
<br />10,75 percent per annum, and that monthly payments shall be
<br />"5,,,\-t>........ :;"""-
<br />made commencing the 1 day of ~y 1984, in thE' sum of Two Hundred
<br />Seventy Nine and 01/100 Dollars ($279.01), per month to be
<br />applied first to interest and the balance to principal until
<br />said indebtedness is paid in full and that, in addition, s.aid
<br />Purchasers will pay the monthly amounts sufficient to pay
<br />taxes and insurance on said property,
<br />4. The Borrowers agree that their present liability
<br />under said mortgage and note shall be released and Nebraska
<br />Mortgage Finance Fund releases Borrowers of their liability
<br />on said Mortgage and Note,
<br />5, This assumption by said Purchasers is joint and several
<br />and shall bind them, their heirs, personal representatives,
<br />successors, and assigns,
<br />IN WITNESS WHEREOF, the parties have hereunto executed
<br />this instrument, this .JJ.L day of Apri[ }<J~4, ,
<br />-Leo>> I /. ,/
<br />BORROWERS: /..r~ l.- :/it.::.-/
<br />Tho~ J, e mer
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<br />PURCHASERS:
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<br />'-1' \(~.M"~' ~ '~ DM'f\.i,"u
<br />Marc ". " !\phmpr
<br />(~'r~ ~
<br />j \OJrt.o \ l. \'-^
<br />DaliI D, Marsh
<br />/1 i,'., /)-., "
<br />";:il' {.Lth<..;{~ / J1 A/~ -(lit..!
<br />..cq~ yn e{I Marsh \.
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<br />NEBRASKA MORTGAGE FINANCE FUND,
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<br />BY: SU~IOR MO~TGAG~, lNC"
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<br />BY:
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