|
r
<br />EXTENSION AND MODIFICATION AGREEMENT �y
<br />WHEREAS, on October 3l , 19 87, Homer C, Mills au h, a single ` ��
<br />borrowed from Norwest an rand�.an at ana ssoc at on, no, n,,m
<br />Nebraska, National Association
<br />the principal sum of
<br />DOLLARS ($,_4,5,,000.00 ) at 14.00 Pe
<br />e ®aK a promissory note which provided for payment �to be made' owsr annum, and gave to said
<br />Principal plus unpaid interest at the rate of fourteen percent due and payable November 1, 1987.
<br />Interest on principal to be paid every six months with first installment commencing May 1, 1985,
<br />and final interest payment due and payable November 1, 1987.
<br />And, WHEREAS, said note is secured by a mortgage /deed of trust on real estate owned by
<br />Ron— r mi, , and legally described as follows:
<br />A tract of land in the North Half of the Northwest Quarter (NkNW14) of Section Twenty -seven (27),
<br />in Township Twelve (12) North, Range Nine (9), West of the Sixth P.M., more particularly de-
<br />scribed as follows: Starting at a point on the North Section Line of.said Section, 1,543.5 east
<br />of the Northwest Corner of said section; thence East on the Section Line, 437.8 feet; thence
<br />Southerly a Distance of 1,312.1 Feet on a line parallel to and 664 Feet distant from the North
<br />and South Half- section line; thence West 379.8 feet; thence northerly 1,311.5 feet to the point
<br />of beginning.
<br />said mortgage /deed of trust being datsd%tober 31, 19 85, and recorded as Doc. Nos. 84- 005772 and
<br />In the Mortgage Records in the Office of the Register of Deeds of Ha 87
<br />WHEREAS, said borrower has requested an extension of time of County, Nebraska, and
<br />19 , and has agreed to pay interest at the rate of Payment until N/A
<br />:eed nd said Bank has consented to so extend the time of paymentt: Per annum on the unpai— 'd— balance
<br />NOW, THEREFORE IT IS AGREED by and between the parties that the above- described mortgage/
<br />of trust and original promissory note shall be modified to provide for payment to be as
<br />fOlS14'L$+ i
<br />Principal plus unpaid interest due and payable on November 1, 1987. Interest to be paid
<br />monthly commencing May 1, 1987, with the final interest payment plus principal due and
<br />payable on November 1, 1987.
<br />IT IS FURTHER AGREED by and between the
<br />parties e terms and conditi
<br />of the mortgage /deed of trust and promissory note above- referencedltooastextended and amendedons
<br />shall continue in full force and effect except as herein modified.
<br />Executed this 5th day of May
<br />, 19 87.
<br />N� K NEBRAS
<br />By: NAL AS A N
<br />� l�
<br />ax ark M4 Dillon
<br />STATE OF NEBRASKA )
<br />COUNTY OF Zal
<br />Homer C. Millspaugh
<br />On this 5th day of May
<br />,personally appeared , 1987 , before me a Notary Public in and for said County
<br />to me known to be the persons) name in and who executed the foregoing instrument and acknow
<br />ledged that he,�sliiy� executed the same as his/
<br />WITNESS my hand and voluntary act and deed.
<br />and year-last above written.
<br />My commission expires: i 1;ti q
<br />/ .OTARY PUBLIC
<br />STATE OF NEBRASKA )
<br />COUNTY OF __ F1A 7 I � s s .
<br />The foregoing instrument was acknowledged oefore me this 5th
<br />AVA day of May 1987 ,
<br />a xepresxa Corporation, on behalf of the corporation. BANK NEBRASKA, NATIONA[ ASSOOCIATION,
<br />MY commission expires: —�
<br />d1 NOT RY PUBLIC-- -
<br />flG /d5 �
<br />M
<br />
|