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Lender consents to the transfer of the real property encumbered by the Mortgage to Purchaser, provided that, by such consent, Lender does not waive any right to strict enforcement of the terms and conditions of the Mortgage. 4. Nothing herein contained shall be deemed a consent or approval by the Lender to any subsequent conveyance, transfer, or sale of the property encumbered by the Mortgage, without specific written consent thereto. 5. The credit of the Purchaser has been examined and approved by Lender. Lender agrees that Richard Truchot and Linda Campbell Truchot, aka Linda Campbell, husband and wife, Mortgagors under the Mortgage, and the Sellers of the real property encumbered by the above described Mortgage (hereafter, the "Seller"), and any and all mortgagors who preceded the Seller and who had assumed personal liability on the Mortgage, to the extent obligated, are hereby released from any further liability under the Mortgage, effective upon the consummation of the sale to Purchaser of the real property encumbered by the Mortgage and the execution and delivery of this Mortgage Assumption Agreement as herein provided. Upon the release of the Seller, no deficiency judgment will be taken against the Seller. 6. This Mortgage Assumption Agreement shall not be effective until executed by all parties hereto with a fully executed original or counterpart received by the Lender. 7. This Mortgage Assumption Agreement shall be binding upon the parties hereto, their respective successors, representatives, nominees, and assigns. IN WITNESS WHEREOF, the parties hereto have executed this Mortgage Assumption Agreement the day and year hereinabove written. PURCHASER: LENDER: Stonebrook Real Estate, Inc., a Utah Corporation BY: 4S9 R 1 BERT L. SP CE'/ President Mortgage Assumption Agreement 2 ROBRT W. WELLS 686 Z ;aaaeaaa2y uo! ;dwnssy Arg;Joyq 1uap1satd 2I33IdS ''I DIaR02I :AEI uoggiodio0 gym g ouI `olulsg Ieo j 3Ioo.1gauo2S �B�QAI�'I IaS VHDuua(1 •ua22um anogeu!onq JEaA pug hp aql 1u011190 iSy 1109durnssy oguSuow palnoaxa mug maim! sated `AoanaIIM ssamuM All •suStssa pine `saaunuou `santMuasa.tda.z `sJossaoons angoadsa.t `olataq soured 042 uodn Sutpuiq oq ins luauiooi y uoilduznssy &Sallow s'u •L •.tapuaZ oqi Aq paniaoat ii diolunoo .to IEuISuo painoaxa AIInj gotm 010 .104 soiled IIe Aq palnoaxa Igun ani.oaJJa oq Iou Hugs 2uautaaav uo!idumssy aSeSioj, sigj •9 .tabs aql Isti!ag ua1 oq !pm 2uauwSpnf Aouatogap ou 'nips aqi jo amp.' aq1 uodn papinoad uia.taq st luotuoaRy uoildutnssy aSt?S1ioy4 stg4 jo A.tantlap pug uognoaxa am put o eSuoj,s aql Aq pacaquznoua Auodoid poi aqo jo .tasvgo.tnd apes ay. jo uoneututnsuoo aq2 uodn antpajJa `aSeSioyi aq1 iopun *Nu!! Jogpnj Aug wag pomp.' &(goioq a.re `palgSggo luo xa aq} `a2BSitoyq aq� uo Amgeq puosiad pommy peg oqm pug nips aq1 papaooid oqm sioguSuout up pug Aue puu iollas„ aq3 `.ia}peaiaq) aSeSlioyq paquosap -anoge aq1 Aq poioqutnoua A.tadoid pal 941 jo snips mil pure `a uSi.iopl lopun sioSiSpoj, `OJim pug puggsnq `qaqdtueD upurj Ilagdurej t?pun pug logonlj soo.ag lopuoi tapuo' Aq pano tdde puu pautuzexa uooq seq .tastgoJnd jo lipoio aq j S •oplogl luasuoo uouum ogioads inotwm `agSuoiAl 041 Aq pataqumoua Auadoid atop ales .to `J9Jsuu.t1 `DougAanuoo luonbosqns Aug of Japuag 041 Aq l3noiddg .10 Iuasuoo pauloop oq ins paure1uoo utaaaq Sutg1oN y •oRuSPoyq aquo suonipuoo pug suua1 ag13o Iuauzao.tojua poups 01 Wu Aug anrem lou soop iapuo `luasuoo Bons papcnoid `iaspgomd 01 oRgSuow aq1 Aq paiagwnoua Apadoid pal jo iojsug.q aql 01 sluasuoo Jopuo' oSeSuojAi 041 o3 3oadsol g3im suStsse pur sioss000ns `siossaoapoid s1► `iapua- aqi ,sulag `Aug 3i `jo las 02 s14Su .10 499 54' 0 STATE 0 ATTEST: COUNTY OF Secretary BILLIE L. WELLS STATE OF 1,� L M ,3 COUNTY OF cr SS. This Instrument was acknowledged before me this day o1 a000, by ,,,,,,,,j obert L. Spicer, President of Stonebrook Real Estate, Inc. My Commission expires: 2-2L,.02. This Instrument was ack Robert W. Wells. My Commission expires: SS. Mortgage Assumption Agreement 3 NOTARY PUBLI NO RY PUBLIC 688 !edged before me this day of May, 2000, by toot 'Irby saildx3 •wwo3 An r. Awno3 opeao0 13 m VINN0iI1V3 311811d A8V1ON 99IS6I I A'ww03 8311114 AONIM 1419` AU VION 773 S OA/Pt-9 689 lnawaa dy uoi;dwnssy a2ijjomi 'sham 'M pogo' `000z JO igp sigi ow aiodaq paSpajmouloe sum 1uauirujsui sigZ •ss :salidxa uoissiiuuio3 AIN JO AIufOD .io aivis :salidxa uotssiunuoD oui 'alma pax xooigauols Jo 1uapIsa.id `voids .1 pagog `000z Agp sm ow atom poSpoimouxou sum 2uaturmsui sn4Z krula ioas STATE OF SS. COUNTY OF c;/ C alliCJQ This Instrument was acknowledged before me this day of Billie L. Wells. My Commission expires: Mortgage Assumption Agreement 4 NOTARY PUBLIC 2000, by 690 rn MILLE9 Comm. 11195166 rn NOTARY PUBLIC CALIFORNIA �-aG EI Dorsdo County .a My Comm. Expires Aug. 31, 2� s