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1. Release of Original Borrower: Used when the original borrower is to be fully released from all obligations under the loan

2. Security Arrangements: Required when existing security needs to be transferred or new security is being provided

3. Guarantees: Include when new guarantees are being provided as part of the assumption

4. Modified Loan Terms: Used when the assumption involves modifications to the original loan terms

5. Tax Provisions: Include when there are specific tax implications that need to be addressed

6. Costs and Expenses: Include when there's a need to specify who bears the costs of the assumption process

7. Joint and Several Liability: Used when the original borrower will remain partially liable alongside the assuming party

1. Original Loan Agreement: Copy or summary of the original loan agreement being assumed

2. Outstanding Amount Calculation: Detailed calculation of the current loan balance including any interest and fees

3. Payment Schedule: Updated payment schedule reflecting any modifications

4. Security Documents: List and copies of all security documents that will continue or be newly created

5. Conditions Precedent: List of all conditions that must be satisfied before the assumption becomes effective

6. Form of Notice: Template for any required notices to be given under the agreement