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<br /> _ � , •� � Uniari Pac�fic Ra��way14Co 2nd
<br /> _ •, . ' REL�718s 1�D 1188UMPT=ON 11CiRS�iN•1• Addition to ai�y oP Gr�nd *_e'��
<br /> �;= ` 92— so69�s
<br /> ° � Aqreement made .Tuly Lse_, , 1992 , batwaen
<br /> ��.:,,.. ,� Timoth L. Duna an and C er 1 R. Duna an
<br /> Of 419 Division East 21 ad ro w' C ty o Grand Ialand
<br /> ,t � -� • .: .^ CoLirity O liall , St�te O! Nebraslc�_ �
<br /> ` �' -'�'� herein referred to ae SELLER. Coloninl Centrai sa Ben c.F.g•B•
<br /> �� ��--� � � which ie or9anized aad exiatinq under the laws o� the Unitad 8tates -
<br /> ''�`��'"`~�".;,�',3r.t. of Ameriaa, whose mailinq addreQe ie 22500 Metropoliten Parkwa�y, -�
<br /> �'�'���Y Mount C1amQne, t�ichiqan 48043, herein referred to as MoRTCiAOEE,
<br /> �--�-
<br /> '�`'�" ' �r'�` .s�; a13d Mnabelle Steole and Francis Steele
<br /> ti.,� ',:� .
<br /> �;,�,;;�,,,,,._;,�.,�L of 610 Irvin Street , a Y'6ae, City o Fu.l erton
<br /> .�� y, �. . . County o . State of Nebraska
<br /> ����„ � hQreir► referre ta ae PURCHASER.
<br /> �-_:�=� 1. SELI,SR is obllqated and liabie for payment to MORTGAGEE of
<br /> �.�.�—.�_.._�
<br /> ��1 r::: :�.•- „-��!� the debt evidence by a promissory noto in the swn of i 39.500.00�+�*** _
<br /> r;, �'' r�.;b't , �HRITY-NINE THOUSAND, FIVE HUNDR�D ANA 00/100*�***********************DOLLARS
<br /> ����� ��F•: � dalt63 Me 3rd , 19 84 ana execuzea Dy r�x�LLZn, which
<br /> _=—..`';;: �*' �-'�`-�'-��' promleROry note ie secure by a MortqaSie dated tYta rd .
<br /> �� , � . " 19 84 in Liber 84 , Paqe 00248,�_ in t e office of the
<br /> �, ����r�'��;. Reqiater of Deeds of the County o� Hali State
<br />� � ��,,., . ��� of Nebraska an9 MORTGAQEE ie now t e owner aad
<br /> -�'" � '�• � hol er o such promissory note and Mortqaqe.
<br /> ' � '" 2. BELLER has sold aad conveyed or ie about to sell and convey
<br /> . . �"� the whole of the real property deerribed in such aaortqaqe to
<br /> ° ���� � PURCHASTsR, and both SELLER and PURCHABER have requested MORTGAGEB
<br /> � " �o release SELLER from further liability under or on account of
<br /> ;,'� � .. auch pxomissory note aad/or such mortgaqe. For the reason set
<br />::�.. . ° � � forth above, and in consideration of the mutual conveyance aad
<br /> -�--� -_ _ __ promiaes of the parties hereto, 88LLER, MOATaAGBE, 8nd PURCHABER
<br /> , aovenant and aqree ae follows:
<br /> - SSCTION ONS
<br /> :�,� , . UNPAID SALANCS OF SBCIIRSD OBLIGATIOId
<br /> "��;;� ' ' All monthly instaliments of Principal and interest provided by suah
<br /> . � � note to be paid aftez .ruiv lsc , 19 9,,,2 are unpaid.
<br /> . a.
<br /> } . $BC.'PION TWO
<br /> ••. R$LSA88 FROAt LIABILITY
<br /> �. � � -� sELLER is hereby released £rom further liability uader or on
<br /> .. � • account of such Note and such Mortqaqe.
<br /> .�, , .
<br /> � • 8$CTION THRBB
<br /> %'�'J" ASSUNPTION OF LIABILIRR AND INTSRSST AP1D IN$TALLMBNT INCRSASS
<br /> � . ' '" PURCHASIER aqrees to pay such Note in installments at the times and r
<br /> . � in the manner therein provided: to perform all of the obliqatioas
<br /> �� provided in such Mortgage to be preformed by sELLER at the time. _
<br /> y � '� in the msnner and in all respects as therein provided: aad to be -
<br /> . �:;.. ; � bound by all of terms of such Mortgage: all as thouqh such Note
<br /> • .. and Mortqaqe, and each of them, has originally been made, executed,
<br /> � � and delivered by PURCHASER: prcvided, however, that the interest
<br /> �,->;:;. � on the unpaid Principal Salance shall, until paid, be paid at the
<br /> ' � �� rate of 6.375 � per annum, in consecutive monthly installaaents of �
<br /> "' � � � 257.38******* , TWO HUNDRCD FIFTY-SCVL•'N AiQ9 38/100************ DOLI�ARS f
<br /> . � inc�ud�q pr�ncip—a��us 1/12th estimated annual taxes and
<br /> • insuranae on the FIRST day of each month, beqinning August Lsc --
<br /> ,�. .. , 19 92 �,
<br /> 3SCTION FOUR -
<br /> ' ' NO II�IPAIRMBNT Of LIBN -
<br /> The whole of the real property describeci in such Mor�gaqe, shall �
<br /> . � remain subject to the lien , charge , or encumbrance of such ;
<br /> �, . mortqaqe, and nothing herein contalned or done pursuant hereto ;
<br /> '� �' 6ha11 affect or be construed to affect the lien, charqe of
<br /> �� � encumbrance of the Mortgaqe or the priority thereof over other '
<br /> T � � liens, charges or encumbrances, or except as herein otnerwise
<br /> � provided, to release or affect L•he liability of any party or
<br /> parties whomsoever would now or may hereafter be liable under or ,
<br /> on account of such Note and Mortqaqe.
<br /> � , 38CTION FIVB
<br /> INTSRPRETATION
<br /> In thib aqreement, the sinqular number includes the plural and the
<br /> ` � plural number included the sii�gular. If this aqreement is executed
<br /> •� � by more than one person, firm or corporation as PURCHASER, the
<br /> � � _ _,., � obligation of each such person, firm or corporation hereunder shall
<br /> � "'� �� be joint and several.
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