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This form is an Assumption Agreement. The form provides that the grantee will assume a lien on property described in the agreement. The assumption will become effective on the date provided in the agreement.
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THIS ASSIGNMENT AND ASSUMPTION AGREEMENT (this "Agreement") is entered into as of the. Purpose: To release original borrower from liability under the mortgage.Distribution: Recorded original to Servicer. Seller set forth in this Agreement shall be true and correct and complete in all material respects.
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