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<br /> 91- 102831 �,��-__�.._
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<br /> Grand Ialand, Nebras6ca CW�_--
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<br /> � � ` THIS A(iRE6�ElTP fa onde ared a�atered fnEa aa of the 18Ch day of April�
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<br /> , .,�.�S>:.� �- 199�. bY and betaeen LqTH6NAN CkNRCH EXTENSIOIt EVN0.MISS0[1[iI SYNOD, a _.
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<br /> ;`: ��'r� ' South Ifl"kHOOd RoSd� St. Louia, �' . . , -'�_-
<br /> �,;�"`' '�' `�'. �� lliasouri Not-For-Profit Corpora�Yon� 133's .,a-.
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<br /> �' p�?!! , 19�ssouri 63�22 ("LCEF") and Trinity Lutheran Church - Miasouri Synod. Ln �.�._.` -
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<br /> ��'I:`,;:��' °.� ° , n Grand Isla�d. Hall County� Nebraska� a Nebraska r���-profit norporation ` �- - .
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<br /> ' '�'�'° ,... ("BorroWer"). ----
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<br /> � ,.,�,�;���'..;, t RECITALS -
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<br /> _ '4:'� 'ri J���k:�'� ` : LCEF pursuant t� a Promissor Note (the =���_
<br /> __ __ ;� , ,��y;:,.�.r�_ a. Sarrower s 3r.de�te� to y -_-
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<br /> ����}4`��f� ��te ). dated Apri1 T. 1988, in the prir�citpal emount of si7b.623•u9. bearing �::x�_
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<br /> :;1�,� .�������'� interest at the rate of nine percent (9.0'�) per annum on the pMncipal sum ��-.� ,
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<br /> .,.i• ,,;,: . e ual monthl '` •� ,t�•
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<br /> � .�'.."' From tiime to time remalning unpaid payable to LCEE in 35 q Y � r��,f��_�,R{
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<br /> -� installments of 52.Z�•�+ with a 36th monthly installmenti ("bal loon") in the �,•,,,.�.,^s,�l��
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<br /> ' , - fUll amount of all unpaid principal and interest due and payable on :_,��:� ¢�
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<br /> . , Apcil 7. �99�• �`"F:.-'�,��;�_—
<br /> . ' ��•• :;�� ° .' b. The Note is seoured by that oertain De�d of Trust (the "Deed of •....�.tiM�;i�;=
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<br /> -'•• •�'�� 1 8 as Document No. 88-�431778 of
<br /> '' �?'� �' L' `��,�• Trust") recorded ma the 8th day of April� 98 , � ..
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<br /> a'' ';h;`'t����'•:� the Official R�cord� of the Register of Deeds of Hall Cour�ty, Nebraska; (S@e . , •i::t:,y.-
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<br /> ", r1��'•'�', � ` attached Exhibit "A" for lega� description.) � � '
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<br /> �'J�,., }� L. ;'�.r, •`F � � ,n.
<br /> � .,;:� Q. The balanoe presently due and payab le under the Note tio LCEE is l," ^�,
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<br /> .�.��'%`� �, �113.984.24 (�he "Prinalpal Balance"). ��
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<br /> F��•!•''''�• ' •;,,,. d. The parties are desirous of emtering into this Agreement for the �
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<br /> ;�,.:� .��;.. � y. g ent of the
<br /> �?'� . i�', , � .;.,�5,•,;.�;: purpose of extendin and cnodif in t�:e ��:.�a to provide for repa}rm
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<br /> ��.�'.;�:;:��' � � � ������ priceeiRar �alanae over an ex�e.r,c;�� len6ta of Li.�e at a variable rac�e of
<br /> � i�terest. '
<br />-. , . TCI7YC snm F���untTtONS .
<br /> NpTi, THEREFORE� for and in consideratton of the mutual promises hecefn
<br /> ' contained, the parties do hereby agree t�at che Note shall be ext�nded and
<br /> modifi�d as follows:
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