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which are hereby acknowledged, the parties hereto,
intending to be legally bound, hereby agree as follows:
1. Grantees, jointly and severally, hereby
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assume and agree to pay the entire unpaid principal
balance of the Note, together with interest thereon E
- from the date of assumption (which date shall mean the
date on which the deed from Vanderstyne to Grantee is
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recorded), .according to all the provisions of the Note;
provided, however, that the provisions of the Note
which Grantees assume and agree to pay shall be and
hereby are modified as follows: ~
(a) Beginning on the date of assumption, the
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interest rate shall be nine and seven-eighths (9.875$)
percent per annum;
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(b) Beginning with the first monthly installment {
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E due following the date of assumption, the monthly
's
C installments shall be Four Hundred Forty and 82/100
($440.82) Dollars. _
2. Grantees further agree to keep and perform
~ all covenants and conditions on the part of the Mort-
,
gagors to be kept and performed, according to the
provisions of the Mortgage, with the same effect as
though Grantees had been joint makers of the Note and
joint Mortgagors of the Mortgage; provided, however-,
that the rate of interest on the unpaid principal
balance of the Note and the monthly installment shall
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