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good and valuable consideration, the receipt of which are
hereby acknowledged, the parties hereto, intending to be
legally bound, hereby agree as follows:
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~ 1. Grantees, jointly and severally, hereby %
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asswrte and agree to pay the entire unpaid principal balance
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of the Note, together with interest thereon from the dat~ of
assumption (which date shall mean the date on which-the deed
from Mortgagor to Grantee is recorded), according ~to all the
provisions of the Note; provided, however, that the provi-
' sions of the Note which Grantees assume and agree to pay
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shall be and hereby are modified as follows:
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~ (a) Beginning on the date of assumption, the. '
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~ interest rate shaZl be nine and seven-eighths per cent (9.875$)
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~ per annum;
(b) Beginning with the first monthl~ installment
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due following the date of assumption, the monthly
installments shall be four hundred forty-four and 13/100
Dollars 444.13
2. Grantees further agree to keep and perform all
- covenants and conditions on the part of the Mortgagors to be
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~ 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 Mort- ;
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~ gage; provided, however, that the rate of interest on the
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