|
<br />EXTENSION AND 1.!ODIfICATION AGREU~LII1'
<br />
<br />88= 100865
<br />
<br />WHEREAS on November 13, 1~81, Richard L. DeBacker and patricia L. DeBacker, husband & wife
<br />borrowed fro~ Norwest Bank Nebras~, -National Association, fonnerly Norwest Bank Grand Island,
<br />National Association, formerly The First National Bank of Grand Island
<br />the principal sum of Thirty-six Thousand and no/lOOths
<br />_______________________________ DOLLARS ($~Q.OO ) at 17.00 % per annum, and gave to said
<br />Bank a promissory note which provided for payment to be made as follows:
<br />
<br />Thirty-five (35) consecutive monthly installments of $517.61 including principal and
<br />ll1terest cammencing January 1, 1982, and one (1) final installment of $36,163.42 due
<br />and payable December l,. 1984. Final installment is a balloon payrrBnt and lender will
<br />consider refinance.
<br />
<br />and, WHEREAS, said note is secured by a mortgage/deed of trust 011 real estate owned by
<br />Richard L. and Patricia L. DeBacker , and legally described as follows:
<br />
<br />IDt One (1), in Block 'IWo (2), Parkhill Sul:rlivision, in the City of Grand
<br />Island, Hall C01.mty, Nebrasla.
<br />
<br />as Doc. ~b. 81-005721 and
<br />said mortgage/deed of trust being dated November 1319~, and rc<corded Doc. No. 85-000783 .
<br />in the Mortgage Records in the Office of the Register of Deeds of rillll County, Nebraska, and
<br />
<br />WHEREAS, said borrower has requested an extension of time of payment until December 1
<br />19B8-' and has agreed to pay interest at the rate of 13.25 % per annum on the unpaid balance
<br />and said Bank has consented to so extend the time of payment:
<br />
<br />NOW, THEREFORE IT IS AGREED by and between the parties that the above-described mortgage/
<br />~eed of trust and original promissory note shall be modified to provide for payment to be as
<br />ro1l9~~';
<br />
<br />Executed this 9th
<br />
<br />day of February
<br />
<br />, .
<br />I.,:.
<br />L.~;
<br />
<br />..,1.\'.r:.~'~:'LO:,l
<br />
<br />
<br />~,\
<br />~~~
<br />1
<br />
<br />
<br />"c_. ~."
<br />
<br />f'
<br />: 'I
<br />.~
<br />i;
<br />, 'j~,
<br />
<br />Eleven (11) monthly instal1rrents of $401.35 principal arrl interest due the 1st
<br />of each IIDnth cammencing JantHry 1, 1988, and one final instal1rrent of $35,559.33
<br />principal and interest due and payable on Decenber 1, 1988. Final installment is
<br />a balloon payrrent and lender ooy consider refinance.
<br />
<br />IT IS FURTHER AGREED by and between the parties hereto that all of the terms and conditions
<br />of the mortgage/deed of trust and promissory note above-referenced to as extended and amended
<br />shall continue in full force and effect except as herein modified.
<br />
<br />
<br />~
<br />
<br />,,o.
<br />j:
<br />l-~
<br />
<br />AVP
<br />
<br />STATE OF NEBRASKA
<br />
<br />s.s.
<br />
<br />COUNTY OF HAUl
<br />
<br />. On this qt-h day of Fphnli'lry , 19-Ba. before me a Notary Public in and for said County
<br />personally appeared Richard L. DeBacker and Patricia L. DeBacker, husband and wife
<br />to me known to be the person(s) named in and Hho executed the fOl'egoing instrument and acknm,-'
<br />ledged that ~/they executed the same as ~their voluntary act and deed.
<br />
<br />WITNESS my hand and Notarial Seal on the day and year last ahove written.
<br />
<br />My commission expires:
<br />
<br />~ 1.lJ~ ~/y\ &. ~ct&L~'}vl&'\'vv--...
<br />N TARY PUBLIC
<br />J:flIB\L IlYAlYM" l1limb
<br />.,. f.1.IIIMII
<br />IIr CIM &p.1m tt 18
<br />
<br />r---
<br />
<br />STATE OF NEBRASKA )
<br />) S.S.
<br />COUNTY OF Hall )
<br />
<br />~
<br />:~
<br />~l
<br />
<br />(I
<br />~
<br />
<br />The foregoing instrument. was
<br />L by Margaret M. DIllon. AVP
<br />a Nebraska Corporation, on behalf of the
<br />
<br />My commission
<br />
<br />expires:
<br />8IlIWl.1lTMY_et ....
<br />PATRtCtAfL8AHClER
<br />., l>Jaa lip, .. t 191>>
<br />
<br />acknowledged Defore me this 9th. dqy of Febr~ ' 1988 ,
<br />of NORWEST BANK NEBRASKA, NATIONAL ASSOCIATION
<br />corporation. ·
<br />
<br />n' oJ,J;
<br />J- !lttt c c C<-.-- ~. - .' {2,,;~1 aL7L
<br />NOTARY PUBLIC '/.
<br />
<br />10/8S
<br />
<br />
|