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Agreement Of Assumption Personal Debt By New Partner

As consideration for the interest of __________ in the assets of the partnership outlined in this contract., the firm agrees to pay __% of _________ (name and Address) personal indebtedness incurred by that person in the purchase of property and in the conduction of partnership business.

Dated:

____________________________

Signature and Title

____________________________

Signature and Title

____________________________

Signature and Title