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EXTENSION AND MODIFICATION AGREEMEUT 7 1 WHEREAS , �fn A ..�� 1J. 14i, i from WEST BANK NKBRASKA, NATZRAL A6S1lCTATxON. the principal sum of nd a no/ OOthe �)t per Annum, 464-1 $eve t� ea d a s46 vi "w c provided for pay t to be s lows: One payment of principal due and payable on March 3, 1987. Interest will be due the 3xd of each month commencing October 3. 1986, with the final pa nt of accrued interest due and payable on March 3, 1987. and, WHEREAS, said rote is secured by a mortgage /deed of trust on real estate owned by and legally described as follows: Lot One (1), Block One (1), Jenkinson Subdivision to the City of Grand Island, Ball County, Nebraska. Doc. No. 86- 105311 6 said mortgage /deed of trust being dated September,419 86, and recorded asDoc. No. 87- 103686 in the Mortgage Records in the Office of the Register of Deeds of _ILqjj County, Nebraska, and WHEREAS, said borrower.has requested an extension of time of payment until February 1 , 1 , and has agreed to pay interest at the rate of 11.00 % per annum on the unpaid balance anT said 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 fol,iQ� 19 payments of $300.00 principal and interest due the first of each month commencing September 1, 1987, and 1 final payment of $312.43 due and payable on April 1, 1989. 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 shall, continue in full force and effect except as herein modified. Executed this _ZkLh_day of October , 1987 . V K NEBRAS HAT SSOCIATION L Donald J. "44n r� rat M. Dillon, AVP ATE of NEBRASKA ) Kathleen E. Jan 'An- e.g. COUNTY or NAT T ) On this 2(,rh day of of , 19-D2 , before me a Notary Public in and for said County