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<br />LOAN MODIFICATION AND ASSUMPTION
<br />- AGREEMENT WITH. RELEASE. S &1--- 008394
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<br />WHEREAS, HOME fl;:DERAL SAVINGS AND LOAN ASSOCIATION OF GRANO ISLAND, hereinafter
<br />referred to as "Home Federal"; loaned CLIFFORO.H. DALE. AND I'IARJORIE.A.. DALE,husQanct
<br />and wife
<br />hereinafter referred to as "8orrowers", the original principal sum of SEVENTY:
<br />THOUSAND. ANDND/IOD-- --~-------c_u-.-.~----~~- -----~u~-~~.-cc-
<br />as evidenced 8Y a mor-hJfHJ8-, nHtR o3ted- N_n\l_eITlber -15,,, 19.79
<br />mortgage/deed of trust dated No.vember15, 1979
<br />No. 79~OD7714 in the Office of the Register of Deeds
<br />NEBRASKA ; and
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<br />WHEREAS, c;aid BOrTO"lerS have sold
<br />legally described as:
<br />LOT FOUR (4), BLOCK One (j) TN BRDJTUlOOO SECOND SUBDIVISION IN
<br />HALL COUNT'!, NEBRASKA
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<br />Bnd
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<br />WHEREAS, Purchasers Desire to ,~lssume and pay the remalnlng
<br />above 3.5 ~~videnced t'lY the ~F _-,~-erfientioned nate and rno-rtgag~/deed
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<br />WHEREf'15, Gor:::-owers j[;~s;ize t8 be released from any flJrth~.r
<br />to the abo'JH_ described i~fJt(:: and mortgage/deed of trust,; 'and
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<br />WHtJ1LAS, Home r"2chn-al is Gilling to permit ,the_ assumpt,ion
<br />flute and mortgaq,e/deed 1':;( ll'tlst dnd -releasf~, the Borrowers_ f-t:Om
<br />oenced by the afo~'ed(~scrib(~c.i note ~~nd mortgage/de_Ed of trust;
<br />n revision of the terms ~)f o3yn~~r't of said indebtedness,
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<br />NOW, THE HEF [JHE.
<br />is agreec:
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<br />"":if)~~)idE'.r.::J.tiC)il elf tli,C; f<lutual cOv'e-nant5
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<br />The undersii]necJ ~j'.Jrch3sers he:reby, a~-i5ume- and
<br />debtedness ev_ide-.ncec! tl"r' ~~h~? ~:d[J1'~~5-describ.~:i..1 nate- and
<br />all of the obl igetiCins ;-': CJu-ided
<br />understood that L-~S_ of :j(,Jt~ ";;3;.,d ] lld...}rJt.edness i.s
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<br />)Ne -:::'LTfl;::,
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<br />3ttd
<br />of saId
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<br />uf
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<br />at thE: :ate of
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<br />di,.0 L; ldt ,~~Di \1.;"'u Y p;..]'Y:li2r-, ::~~: ;:;i1311 {)8 made
<br />1 g-~, and '::0ntii'luJ.nt..~ dfi t.he day
<br />agre_ed that such payment-s the amount
<br />_________________________________________ Dollars
<br />pl,ied first, to i.ntert~st ar~d. the :Jalar',c-e to
<br />in full, an.d t-hat; i'n d;jd.iti.on~ s;:'lid Purchase.rs will
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<br />Dollars ($ 0.00 ' ) ;Jer ;nonth in ese-tow ,est.imatf.:d sufficient to - pay taxes -"and
<br />irisuI"d.nce on sai.d p-roperty, whi.ch estiif,ote rlay b.e It:: V 1 SElfj from time to, time by Home
<br />Fedt:ral, in-3king :-:1. t.ot_HI :'-;UFrent. of .~.x J"i jj\'.Hi~11 lHf--t-',. j\j1J j'j'lt '1
<br />_ _, __ _ _ ___ _ _ __ _ _<- _ __ _ _ _ ,~.__ ,_ _ _ _ _ _ ($ ~~l BD'jl.:':;:~-:--~~-J) ,~<~:~;~~m~~!~~h ~.-"" / ,'Ju - - - - -. - -- ~ - --~-~- --
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<br />3-. Except as modified
<br />~;tidl.l rema,in_ in full force:
<br />;;;ald ir.oebte.dness a:;;
<br />9agcld.eo-d of t.rust Et:~~ h'<::":fe
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<br />hereby, the note aud mortgage/deed of trust above described
<br />~Hld effect, .and the LindeTsigoe_d ,Pur;chase-rs p-:rornise, __to _pay
<br />st.at8d and to perfCl"m all -\.1f the obligO:3tions of :sai-d, morf-
<br />;"2\} iSfJd.
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<br />Cr-kltqU.::.
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<br />-,an f1)OI,.i'i f ic:.a-t.ior1
<br />U"i" und-t:}-f:;,:_,iKJf;€.'d
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<br />~tnd .4S5umption ngret:ni'cn t J Heine f::- ede,r,al
<br />O.r.i.0in31 Ucrl:'ow8 r-s' fl'cm thci r Pl;l~sc!nf.d
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<br />I'i.;;:-d$DD uf
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<br />upi;!'n ::.a1 d
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