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<br />Loan No 013-O1-255 <br />AS5UMPTlON AGREEhiENT <br />t91TH RELEASE <br />EVHEREAS <br />gam-X04308 <br />THE FIRST N.4TiONAL BANK OF GRAND ISLAND <br />loaned grt~~,r (,.~Haison and Donna J. Maisarr, Husband and Wife <br />she sum of SIXT Sjg,THOUSAND DNE HUNDRED THIRTY AND 0100--------------------------Dollars <br />(s fi5.13Q_08 1, evidenced by Hate and ~aortnage dated_ ,November ?, 1978 and recorded <br />as Dacument No. 78_407373 in HaTI _ County Nebraska <br />tHEREAS, said Borrowers have said said property io the undersigned Purchasers and said <br />#~urchasers desire to assume and agree to pay said indebtedness and perform ail the obiigatians <br />under said Loan Contract, and said Salvers desire to be released therefrom, and said bank is <br />willing to accept said assumption and release said original Borrowers; <br />THEREFORE, for and in consideration of the premises and other good and valuable considerations, <br />the undersigned Purchasers hereby assume and agree to pay the indebtedness evidenced by said <br />note and mortgage and perform all of the UUliciatians provided therein, it beingg agreed and <br />understood that as of this date said indebtedness is SIXTY THREE THOUSAND AN© 391100-------- <br />----------------------------------------------------------------- Dollars t5 63,QO0.39 j <br />.,nd that the interest rate shalt Ue 13.00 _tti err annum, and that the monthly payments <br />ieati he made beginning the ist uday of 'rdvprriber <br />t 9 82 in <br />the sum of Seven !iundred'wenty Nine and 27i"Ti1O~------------------ Doiiars ($ 729.21 ) <br />>er month, to be applied first to rnterest and the Valance to principal until said indebtedness <br />:s fxaid in full, and that in addition, said Purchasers will pay <br />_ NIA _ ___Dollars { 5 N?A ) <br />cr;irmated to be sufficient to pay taxes and insuranee L+n sa,d pr-Hearty, wft{ch estimate may be <br />revised, making a tpta# current payment of Seven ~undrQd 'went Nine and 2?{104---------- <br />:?oilers ! S '2~.+-$_ '. _ ~ ~:.er month, and chat in ail Qtt~r resr;ts, alt terra3 and cottdttion3 of <br />~srd note and mortgage s iaH remain in full farce aru3 rffeci, and the undersigned Bank hereby <br />Frieases and csischarges said .irgiraal Borro,scrs ufx:n the,r' persona! oUligation upon said indebt- <br />acinesx. <br />d t»s assumption by said Purchasers is joint and several and slia!! bind them, their heirs, <br />lxprsorWi representatives, successors and ass+gns. <br />3N WITNESS DtlHEREOF, the parties have hereunto executed this ,nstrtfinent, this T4ttt <br />~~~ <br />day ,~t >epteeber ~._....._.. ~ 19._~`_-. 7 <br />~~..~ ~- ~ X ~-rte,,,, <br />`,~rtqur t ataiSQNi~ __.._ ___.._..._._._._ ,.Rad#teye`1 .,, r5ten ~. <br />_ ~=. <br />rtna J. Ma~ on ,. ..------_._.__ cteu Hie _. l:arsten <br /> <br />TtiE i iftST NATIONAL BANK OF GRAND (BLAND <br />4r-tANY7 iSLA*iD. tV£Bf2At5KA <br />Margaret ~t ~Oiilon-Manager- <br />RaaT istaite t.oan Department <br />te!gaT DesGriptipn, t,^t t3. 9T4e~ ."`, i;retrttxN~d St:t?div?ii~rt, .±a? i ?`nt;nty, `at?br°aska <br />