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NOW THEREFORE, in consideration of the mutual
promises of the parties hereto, and for other valuable
consideration, it is agreed as follows:
A. First Party, (1) hereby assumes payment of
the unpaid principal balance of $5$6,269.09 together with
-interest thereon from the date of the last payment of prin-
cipal under said notes and mortgages; (2) assumes all the
covenants, conditions, and provisions contained therein, and
agrees to be bound for the due performance thereof in the
same manner as if it had been the original maker-grantor.
- B. Second Party agrees and understands that it
shall remain liable on said mortgage and note.
C. Third Party agrees not to exercise its option
under said mortgage to declare said note immediately due and
payable as of the transfer of the premises described on said
mortgage from Second Party to First Party.
Except as hereinabove set forth, the terms and
r provisions of said note and mortgage are in no wise modified
and First Party and Second Party agree that said note and
mortgage shall continue in full force and effect.
.Witness the hands and seals of First Party, Second
Party and Third Party.
WITNESSES: FIRST PARTY
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