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<br /> -�� �:,�'� ! LUAN f+1(JDIFICATI[1N AND RSSUl�TION '��
<br /> _ , AGREEP'IENT WITH RELEASE
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<br />'"':'�°FA;3:'� � WfIEREAS� IIOf�IE FEOERAL SAVINGS AND LORN ASSOCIATION �F GRANO J.i�.ANO� hereinaftor �—
<br /> ' �� ref'erred Co as °Home Federal°. loaned DWAYNE t. CHAPL E���IA P CHAPLINE, _
<br /> _��;.� � � '� hereinafter reFerred to as Borrow��s , tha original
<br />--r,:,_.:-Xi: '.�i`f: �Snn�v� nn�n ��irrF
<br /> � � ' r" principal sum of EIGHTY SEUEN THOUSAND SEVEN HUNDRED FIFTY AND NO/100 Dollars
<br /> ,•T� and
<br /> =. V;�(�, � ($ 87.750.00I)� as evidonced by a mnrLc��ge nate daLed �_ �
<br />,`-;����;�..� �� • secured by a mortgaga/deed of trust deted JUNE 4. 1993 ar�d recorded as p NEBRASKA
<br /> No. 93-1�4678 in the OffiCe of the Register of Qeeds in HALL Countyo
<br />,�?� :;`" • ; and
<br /> :�;�.';.`:�: : WHCREAS� seid Borrowers haue sold to the undersigned Purchesers the praperty
<br /> lenally descrihed ess
<br />;';V,;��'+ : :
<br /> u''`r'` LOT TWO (2) IN MERITAGE ACRES SLiBDIVISION� .AN ADDITION TO THE CTTY OF GRANQ
<br />.a;�,i�. .Kir .;.
<br />' �•;,.��Y� r�t., ISLAND. HALL COUNTY� NEBRASKA.
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<br /> �W`°°,;,� Uf4�EREAS� Purchasers desire to essumiA and pay the remeining indebtedne�s descrihed
<br /> -- = ebove as evidenced by the aforementioned note and mortgage/deed of trusti end
<br /> � I�fllEREA�� gorrowers desire to be released fram any further obligatton in respect
<br /> � to ths eb�ue deacr�bed note and morLg���e%dc:ed nf l.rusti and
<br /> ------`�jA IUHEREAS, i�ome Federel i� willing to permit the assumption by Purchesers of
<br /> . �_ _.�:_:?�
<br /> __—. tlto n�te and mortgege/deed of trust and release the Barrnwers from the o5ligatians
<br /> -------= Avidenced by the eforedescribed note and mortgage/deed of trust; sub,ject� however�
<br /> � 4�.i to a revision nf the terms of payment of seid indebtedness�
<br /> " —� NQU1. THEREFpRE� in cnnsideretion oF the mutual cavenants herein contained.
<br /> "�°�"�"'��'' it is agreed:
<br />—'`s°°`s'�'+��`� 1. The undersigned Purchasors h�raby assume and agree to pay the remaininy
<br /> -���=`r''='s'�� irulebLedness e�idenced hy the aforedescribed rote end mortg:3ge/deed of trust end
<br /> -=-�=�{�a��� , perform all of tho obligatioris provided therein and as modifiod hereby� it being
<br /> =��`'�' ayreed and understood that as of this date said indrslitedness is EIGHT FOUR Tti0U5AND _
<br /> -`.,`'t'.Y THREE HUNDRED FIFTY-EIGHT RND 12/100 Oollers ($84�358.12 �
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<br /> 3. Except es modif ed hereb�, the note and mortgagQ/deed of trust above de-
<br /> scribed shal.l remain in full force and effect, and the undersi�nad Purchasers pr�mise
<br /> • ' ta t�ay s�id indobtedness as heroin steted and to pQrform all of tl�e obligations
<br /> nf said mcartgage/deed of trust as hsrein revised.
<br /> � � � ,'� 4. By reason of thi3 Loen �lodiFicatton end Assumption Agreement, Nome Federal
<br /> hr.re�hy releases and discharges t.he iind�rsigne�f origtn�l B�rroiaers from their personal
<br /> " � c,l,li��att�n upon said indebtedness,
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