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�� <br />� <br />0 � <br />� �� <br />� �..�� <br />A �- <br />� � <br />� <br />� �� <br />r <br />�� <br />�� <br />�� <br />�� <br />� � � <br />� � � <br />� O � <br />� � z <br />a � <br />� � <br />� <br />�6 � <br />� <br />�M a <br />� <br />� <br />Q <br />� <br />� <br />� <br />� <br />� <br />� <br />n <br />� <br />f1f <br />C <br />� � N <br />°a Y <br />�.: <br />�-� `. : <br />� � � . <br />D <br />T V r � <br />� <br />� �' G � � <br />� � . � <br />n7 .. <br />� � <br />C ri � <br />Q ` T :•. F--� <br />�� <br />;' �' '-� <br />o �..._ -.� <br />LOAN ASSUMPTION AGREEMENT WITHOUT RELEASE <br />�� (,• ; <br />O --i <br />C D <br />z --+ <br />�.{ rr: <br />� �� <br />O � <br />� � <br />z n, <br />D C:� <br />� � <br />(' � <br />� <br />.�C <br />n <br />cr� <br />� <br />� <br />rv <br />O <br />ti <br />F--+ <br />O <br />F--` <br />� <br />t--� <br />CU <br />� <br />� <br />� <br />� <br />� <br />� <br />� <br />WHEREAS, HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND <br />ISLAND, hereinafter referred to as "Lender", loaned DAVID D MARSH AKA DAVID <br />MARSH AND JACQUELYN MARSH, Husband and Wife, AND ANDREW W MARSH AND S i <br />ERIN A MARSH, Husband and Wife, hereinafter referred to as `Borrowers", the original �� <br />principal sum of THIRTY THOUSAND SIX HUDNRED FIFTY AND NO/100 Dollars <br />($30,650.00), as evidenced by a mortgage Note and mortgage/deed of trust dated February 28, <br />2003, and recorded on March 7, 2003 as DOCUMENT # 0200302726 in the Office of the <br />Register of Deeds in Hall County, Nebraska; <br />WHEREAS, said Borrowers have conveyed to Marsh Properties, L.L.C., hereinafter <br />referred to as "New Borrower", the property legally described as: <br />LOT TWO (2), IN BLOCK TWENTY-SIX (26}, IN PACKER AND BARR'S SECOND <br />ADDITION TO THE CITY OF GRAIVD ISLAND, HALL COUNTY, NEBRASKA <br />WHEREAS, New Borrower desires to assume and pay the remaining indebtedness <br />described above as evidenced by the aforementioned Note and mortgage/deed of trust; and <br />WHEREAS, Lender is willing to permit the assumption by New Borrower of the Note and <br />mortgage/deed of trust; <br />NOW, THEREFORE, in consideration of the mutual covenants herein contained, it is <br />agreed: <br />1. The undersigned New Borrower does hereby assume and agree to pay the remaining <br />indebtedness evidenced by the aforedescribed Note and mortgage/deed of trust and perform all of <br />the obligations provided therein and as modified hereby, it being agreed and understood that as of <br />this date said indebtedness is THIRTEEN THOUSAND SEVENTY SEVEN AND 15/100 <br />Dollars ($13,077.15); <br />2. The terms of the repayment of the debt evidenced by the aforedescribed Note and <br />mortgage/ deed of trust shall remain unchanged in that interest upon the unpaid balance of said <br />indebtedness shall be at the rate of Six and One Quarter percent (6.25%) per annum, and that <br />monthly payments in the amount of Three Hundred Three and 08/100 Dollars ($303.08) shall <br />continue to be made on the 1 St day of each month, and continuing on the 1 St day of each month <br />thereafter, until said inde�tedness is paid in full; <br />3. Except as modified hereby, the Note and mortgage/deed of trust above described shall <br />remain in full force and effect and the undersigned New Borrower promise to pay said <br />indebtedness as herein stated and to perform all of the obligations of said mortgage/deed of trust <br />as herein revised. <br />4. This Loan Assumption Agreement does not release or discharge any Borrowers from <br />any liability involving the Note and mortgageideed of trust; <br />5. If any term, covenant, restriction or provision of this Agreement is determined to be <br />void, invalid or unenforceable, the remainder of the terms, covenants, restrictions or provisions <br />of this Agreement shall remain in full force and effect, and the provisions of the Note and <br />mortgageldeed of trust amended or modified by such void, invalid or unenforceable part hereof <br />shall be reaffirmed and enforceable to the same extent as if this Agreement had not been <br />executed. <br />