Fill and Sign the Waiver of Homestead Rights in Form of Affidavit

- 1 - NOTICE OF CONFIDENTIALITY RIGHTS: IF YOU ARE A NATURAL PERSON, YOU MAY REMOVE OR STRIKE ANY OF THE FOLLOWING INFORMATION FROM THIS INSTRUMENT BEFORE IT IS FILED FOR RECORD IN THE PUBLIC RECORDS: YOUR SOCIAL SECURITY NUMBER OR YOUR DRIVER’S LICENSE NUMBER. ASSUMPTION AGREEMENT WHEREAS: ________________________________________, hereinafter referred to as “Lender,” loaned _________________________________________________________ or __________________________________, a __________________________ corporation, hereinafter referred to as “Borrower(s),” whether one or more, the sum of ($____________) ____________________________________________________________________ Dollars, as evidenced by note and deed of trust dated ____________________ ___________________ and recorded in Book _____________ at Page _________ of the Public Records of ______________ County, Texas. WHEREAS, said Borrower(s) has/have sold said property to the undersigned Purchaser(s) and said Purchaser(s) desire to assume and agree to pay said indebtedness and perform all the obligations of Borrower(s), and said Borrower(s) desire to be released from said obligations, and Lender is willing to accept said assumption and release said original Borrower(s). THEREFORE, for and in consideration of the premises and other good and valuable considerations, the undersigned Purchaser(s) hereby assume and agree to pay the indebtedness evidenced by said note and deed of trust and perform all of the obligations provided therein, it being agreed and understand that as of this date said indebtedness is ($_________________) ______________________________________________________ Dollars, and that the interest rate shall be __________________% per annum, and that the monthly payments shall be made beginning the ________ day of _______________, 20_________, in the sum of as follows: Principal and interest $_______________________ Accrued taxes _______________________
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