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r'" <br />EXTENSION AND MODIFICATION AGREEMENT <br />4 7 — J O 3 4 N O . <br />WHEREAS, on� , Mid - Continent Enterprises, Inc. <br />borrowed from Norwest Bank Grand Island, National Association, now known as Norwest Bank <br />Ntibrapka, National. Association <br />the principal sum of Thirty -two ^lhousa,}g an¢ <br />DOLLARS (S V_nnn nn ) at tb_nn % per annum, and gave to said <br />ank a�pr miasory note which provided for payment to be made as follows: <br />23 monthly installments of principal and interest of $385.21 commencing February 1, 1985, <br />and one final balloon payment of $32,058,44 due and payable January 1, 1987. Final installment <br />is a balloon payment and this lender may consider refinance. <br />and, WHEREAS, said note is secured by a mortgage /deed of trust on real estate owned by! <br />M,1d-Q„ontine t Enters ices' Inc, , and legally described as follows: <br />Suite 37, "E" Windsor Square Condominium Property Regime, Unit Five (5), Lot Two (2), <br />Block Eight (8), Replat of Continental Gardens, an Addition to the City of Grand Island, <br />Hall County, Nebraska. <br />000707 <br />said nortgage /deed of trust being dated December 2,4 1984 , and recordedas Doc. No. 85- 9e995{r <br />In the Mortgage Records in the Office of the Register of Deeds of Halt County, Nebraska, and <br />WHEREAS, said borrower has requested an extension of time of payment until May 1 <br />19_L, and has agreed to pay interest at the rate of 14.00 % per annum on the unpaid balance <br />and said Bank has consented to so extend the time of payment: <br />NOW, THEREFORE IT IS AGREED by and between the parties that the above - described mortgage/ <br />deed of trust and original promissory note shall be modified to provide for payment to be as <br />One payment of principal plus accrued interest due and payable on May 1, 1987. <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 />Executed this 9th day of June 1987. <br />NO K NEBRA IiAL ION By�_ �/jf��f) ��jjJ <br />Judith W. Wiegert, President <br />Margar t T!illon, AVP Mid - Continent Enterprises, Inc. <br />STATE OF NEBRASKA ) <br />) s.s. <br />COUNTY OF HALL ) <br />On this 9th day of June , 19 87 , before me a Notary Public in and for said County <br />personally appeared Judith W. Wiegert. President, Mid - Continent Enterprises, Inc. , <br />to me known to be the person(s) named in and who executed the foregoing instrument and acknow- <br />ledged that *A /she /tbeW executed the same as *WherA0MV9 voluntary act and deed. <br />WITNESS my hand and Notarial Seal on the day and year "last above written. <br />,r ;teal <br />My commission expires: 6 -2 -90 NOTARY PUBLIC <br />STATE OF NEBRASKA } i d Mlkab <br />PATNIMAILSAMW <br />COUNTY OF HALL ) <br />The foregoing instrument- was acknowledged oefore me this 9th 'd$y of June , 19B7 , <br />by At 0 ret M. Dillon, AVP of NORWEST BANK NEBRASKA, NATIONAL ASSOCIATION, <br />a e ras a Corporation, on behalf of the corporation. <br />My commission expires: 6 -2 -90 NOTARY PUBLIC �- <br />10/85 iFl�fl B)fA1tr•BiM1 p NMuI� <br />W�111f1i16j S11 �R <br />