Assumption Agreement of Mortgage and Release of Original Mortgagors - Maine 2026

1. Click ‘Get Form’ to open it in the editor.
2. Begin by filling in the Lender's name and the Borrower's details, including their corporation type if applicable. Ensure accuracy as this establishes the parties involved.
3. Next, specify the loan amount and the date of the original mortgage. This information is crucial for clarity on financial obligations.
4. In the section regarding monthly payments, input amounts for principal, interest, taxes, and insurance. This breakdown helps all parties understand their financial commitments.
5. Complete the acknowledgment sections for each party involved—Borrowers, Purchasers, and Lenders—ensuring that all signatures are collected where required.
6. Finally, review all entries for accuracy before saving or printing your document. Utilize our platform’s features to ensure everything is correctly filled out.

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