[sql-server-2005] SQL Stored Procedure set variables using SELECT

I have a stored procedure in SQL Server 2005 with multiple variables and I want to set the values of these variables using a select statement. All three variables come from a same table and there should be a way to set them using one select statement instead of the way I currently have as shown below. Please help me to figure it out.

DECLARE @currentTerm nvarchar(max)

DECLARE @termID int

DECLARE @endDate datetime

SET @currentTerm =
(
    Select CurrentTerm from table1 where IsCurrent = 1
)

SET @termID =
(
    Select TermID from table1 where IsCurrent = 1
)

SET @endDate =
(
    Select EndDate from table1 where IsCurrent = 1
)

One advantage your current approach does have is that it will raise an error if multiple rows are returned by the predicate. To reproduce that you can use.

SELECT @currentTerm = currentterm,
       @termID = termid,
       @endDate = enddate
FROM   table1
WHERE  iscurrent = 1

IF( @@ROWCOUNT <> 1 )
  BEGIN
      RAISERROR ('Unexpected number of matching rows',
                 16,
                 1)

      RETURN
  END