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EXTENSION AND MODIFICATION AGREEMEUT 87-- 16368.6 WHEREAS, Qa Septq,mber 4, 19_AL. Donald J. Tangy -aryd IfArhlegn u Ia—an � h„aband borrowed from NORWEST BANK NEBRASKA, NATIONAL ASSOCIATION, the principal sum of Seven Thousand and no /100ths --- ---- --------- - - - - --- DOLLARS ($ 7,000.00 ) at 11.00 $ per annum, and gave to said Bank a promissory note which provided for payment to be made as follows: One payment of principal due and payable on March 3, 1987. Interest will be due the 3rd of each month commencing October 3, 1986, with the final payment of accrued interest due and payable on March 3, 1987. and, WHEREAS, said note is secured by a mortgage /deed of trust on real estate owned by Donald J_ and legally described as follows: Lot One (1), Block One (1), Jenkinson Subdivision to the City of Grand Island, Hall County. Nebraska. mid mortgage /dead of trust being dated September .4 19_aL, and recorded as Doc. No. 86- 105311 in the Mortgage Records in the Office of the Register of Deeds of Hall County, Nebraska, and WHEREAS, said borrower has requested an extension of time of payment until August 31 19 87 , and has agreed to pay interest at the rate of 11.00 $ per annum on the unpaid balance oni_"id Bank has consented to so extend the time of payment: NOW, THEREFORE IT IS AGREED by and between the parties that the above - described mortgage/ deed of trust and original promissory note shall be modified to provide for payment to be as One payment of principal due and payable on August 31, 1987. Interest will continue to be due on the 3rd day of each month, with a final payment of accrued interest due and payable on August 31, 1987. IT IS FURTHER AGREED by and between the parties hereto that all of the terms and conditions Of the mortgage /deed of trust and promissory note above - referenced to as extended and amended shell continue in full force and effect except as herein modified. Executed this _9th day of June , 19 87. IFO BA 1tES S ON . ATIO By: Donald J41� n Me & M. Dillon, AVP , STATE OF NEBRASKA /Kathleen E. J en s.s. 44 cow" of wA t 1 ) ¢ r. personally aired of tuna 19_U_, before me a Notary Public in and for said County Y to be _ 9na�d J. Janzen and Kathleen E. Janzen, husband and wife , to sae known to be the person(l) named in and who executed the foregoing instrument and acknow- ledged that JuWaWthey executed the same as /their voluntary act and deed. WITNESS my hand and Notarial Seal on the day and year "last above written. W7► commission If/ = _it 1\ - NOTARY UB�LIICC STATR Or NEBRASKA ) COUNTY or s.a. The foregoing instrument-was acknowledged oefore me this 19th dAy of June 19 87 by _ r :arat M. D111an, AVP of NORNEST BANK NEBRASKA, NATIONAL ASSOCIATION, a N4rarka on�arat on, on behalf o the corporation. osswisrien- parer: NOTARY PUBLIC 10/95 r N _.J.j I