Assume
A Dictionary of Law · Henry Campbell Black · 1891
A Dictionary of Law
To undertake; engage; promise.
1 Ld. Ray. 122; 4 Coke, 92.
A stipulation in a deed, accepted by the grantee, that he shall “assume” an outstaniling mortgage on the premises conveyed, is broken by a failure to pay the mortgage debt wilhin a reasonable tiuie after its maturily, 12 Cush. 227.