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<br /> � In conaideration of the extension of the time of payment o£ the original
<br /> promissory note hereiaafter described, the undersigned, TWIN RIVERS, INC., a �'
<br /> Nebraska Corpoxation, and Sidney Waldbassm, Zndividually, hereby covenant and
<br /> 'i' agree to pay to TFIE FIRST NATIONAL BANK OF GRAND ISLAND, GRAND ISLAND, NEBRASKA,
<br /> or order, the principal aum of FIFTEEN THOUSAND AND NO/100 DOLLARS ($15,000.00),
<br /> together with interest thereon at Eight and Three-Fourths Per Cent (8 3/4%) per
<br /> annum from the date hereof, such sum to be payable two (2) years from date.
<br /> Interest sha11 also be payable on October 23 and April 23 of each year.
<br /> The original principal note in the amount of TWENTY-THREE THOUSAND AND
<br /> NO/100 DOLLARS {$23,000.00), was executed and delivered by the undersigned under
<br /> the date of April 23, 1974, to The First National Bank of Grand Island, Grand
<br /> Island, Nebraslca, and was due and payable on the 23rd day of April, 1976,
<br /> togetfier with interest at 8 3/4% per annum and secured by a real estate mortgage 7
<br /> to The First National Bank of Grand Island, Grand Island, Nebraska, recorded in i
<br /> Book 165 on Page 409 of the Mortgage Records of Hall County, Nebraska.
<br /> All of the covenants and agreements in such original note and the Real
<br /> Estate Mortgage above described, other than hereinbefore modified and remain
<br /> unchanged and in full force and effect during such extended period. If default
<br /> be made in payment of any terms hereof, the whole principal sum, with interest ,; r �,
<br /> thereon, ahall immediately become due and payable at the election of the legal
<br /> holder thereof.
<br /> � In further consideration of such extension of time of payment of such "�r�;;
<br /> F indebtedness, we hereby ratify and confirm such mortgage recorded in Book 165 °��",`
<br /> � of Mortgages at Page 4Q9 of the Real Estate Mortgage records of Aall County, �i
<br /> ? Nebraska, as the first mortgage lien upon the real property described therein, + xy
<br /> � and the whole of the title thereto as now owned by us. wE�'.
<br /> 'F The undersigned executes this Loan Extension Agreement with reference to !;� +
<br /> �*�
<br /> 4 and oa the faith and credit of their property, which they now own or have an :;� ,�,
<br /> # interest in or hereafter may acquire; the express intention being to charge 1���.�
<br /> tand to continue to charge any and all of such p:operty with the payment o£ -
<br /> t the iadebtedness, the payment of which is herein extended. F
<br /> � �
<br /> ; � ZN [JITNESS WHEREOF, the undersigned has hereunto set the r hand this €
<br /> 23rd day o£ April, 1978. ,
<br /> "y � � � TWIN RI INC.
<br /> r4
<br /> ! sy
<br /> Sidne ldbaum, P eaident � ' ;
<br /> �..�. �.r.
<br /> .l '
<br /> �,� Sidney aldbaum, Indi i ually -
<br /> - �.
<br /> STATE OF NEBRASKA )
<br /> ' ) SS.
<br /> ..t. COUNTY OF HALL )
<br /> ,� . � . . , ,'`.
<br /> '' ; On this 23rd day of April, 1978, before me the undersigned, a Notary
<br /> .;,� Public, in and for said County, personally came Sidney Waldbaum, known to
<br /> � ! me to be the ,President of Twin Rivers, Inc. and Sidney Waldbaum personally '
<br /> known to me to be the identical person whose name is affixed to the above
<br /> :'{ , and foregoing Loan Extension Agreement as maker, and acknowledged said "
<br /> inatrument and execution thereoE to be his voluntary act and deed for the ':;
<br /> q }F erein expressed. ,
<br /> �� ... �� ,,wMq � � � :�
<br /> , . ....
<br /> �j �7 �-�±+��E�U�'S ONEY WHEREOF, I have hereunto affixed my ha and official ,�
<br /> ,f s icr;;r.��A�.Gi'�gn Island, Nebraska, on ttie da a ear last written.
<br /> � • COWIMISSION :�.:* � � � . � ��.
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<br /> ; �. ��30.��?�Q' Notary Public tF r :
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