Loan Assumption Language In A Deed

New York Assumption Agreement of Mortgage and Release of Original Mortgagors
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State:
New York
Control #:
NY-ED1014
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Description Mortgage Assumption Form Nys

This Assumption Agreement of Deed of Trust and Release of Original Mortgagors form is for the lender, mortgagees and new purchasers to sign whereby the new purchasers of the property assume and agree to pay the debt to the lender, and the lender releases the original mortgagors from any future liability on the loan.
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