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EXTENSION AND MODIFICATION AGRUMEHT 87eaee " 00 ! 0 <br />WHEREAS, only , 710#4 , n W Hake and S. Joyce Hake *+husband and wife <br />borrowed from Norwest Bank Grand Island, National Association, know known as Norwest Bank <br />Nebraska, National Association, <br />the principal sum of Four Hundred Thousand and <br />no /100tho----------------- - -- - -- DOLLARS a (ak O 000.00 ) at 12.04 per Annum _ and gave to sa d <br />prom ssory note r payment which provided fo to be ma aT -Fo-1 lowa: <br />179 installments of $4,800.68 principal and interest due the first of each month beginning <br />September 1, 1984, and 1 final installment of $4,796.88 principal and interest due and <br />payable on August 1, 1999, Payments will change February 1, 1986, and annually thereafter. <br />and, WHEREAS, said note is pecured by a mortgage /deed of trust on real estate owned by <br />L ace W. UM A0d 9. -Jevice Unks , and legally described as follows: <br />The North Half of the Northeast Quarter (NINE') of Section Thirteen (13) in Township Ten (10) <br />North, Range Ten (10), West of the 6th P.M., excepting a certain tract of land described in <br />Deed recorded in Book 135, Page 293 and a certain tract of land described in Deed recorded <br />as Document No. 79- 004582 of Deed Records of Hall County, Nebraska. <br />said mortgage /deed of trust being dated July 2 , 1984 , and recorded as Document No. 84- 003537 <br />in the Mortgage Records in the Office of the Register of Deeds of Hall County, Nebraska, and <br />WHEREAS, said borrower has requested an extension of time of payment untilDecember 1 , <br />19 , and has agreed to pay Interest at the rate of 10.00 % 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 />fo> l i <br />110 payments of $4,800.68 principal and interest due the first of each month commencing <br />October 1, 1987, and 1 final payment of $2,874.88 due and payable on December 1, 1996. <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 />SM11 continue in full force and effect except as herein modified. <br />Executed this 9th day of September_, 1987 <br />yn��K �HEB �NATS ASSOCIATION <br />'' Lawrenc W. Hake <br />STATE OF NEBRASKA ) S. Joy Ha e <br />s.s. <br />COLINTY OF Hall ) <br />On this 9th day of September , 19 87, before me a Notary Public in and for said County <br />personally appeared Lawrence W. Hake and S. Joyce Hake, husband and wife <br />to'tme known to be the person(s) named in and who executed the foregoing instrument and acknow- <br />ledged that he*"Ahey executed the same as /their voluntary act and deed. <br />WITH= my hand and Masm: -, I -, .a,_ a... and vaar l.isr mhn— v it *- <br />My commission expires <br />STATE of NCPMKA <br />Vas acknowledged oefore me this / "/ &day of, , 19 , <br />,i,Q of NORWEST BANK NEBRASKA, NAT NAL ASSOCIATION, <br />alf of the corporation. <br />MY commission expi <br />