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86- 106606
<br />MODIFICATION AND EXTENISION AGRUMU
<br />CHARLES D. BOSSE " and JANET KAY BOSSMM, Husband and Wife, whether one
<br />or more, herein called the Mortgagor, and THE OVERLAND NATIONAL BANK OF CRAM ISLAND,
<br />Grand Island, Nebraska, herein called the Mortgagee, hereby agree as follows:
<br />1. Mortgagor has executed and delivered to Mortgagee a real estate
<br />mortgage dated Der 7, 1983, and recorded on December 8, 1983 as Document
<br />Numbers 83- 006476, 83- 006479, 83- 006477, 83- 006478 in the office of the Register
<br />of Deeds, Hall County, Nebraska, in consideration of a certain mortgage note for
<br />$177,500.00, a valid subsisting obligation of the Mortgagor, and payment of the
<br />remainder of the principal and accrued interest thereon shall be due according to
<br />the terms of the aforementioned real estate Mortgage, modified and payable in the
<br />following manner:
<br />A mortgage note dated January 14, 1985 (Note 9276) and Real Estate
<br />Mortgages dated December 7, 1983, on which a principal balance of
<br />$127,500.00 now remains unpaid, will be repaid in monthly principal
<br />payments of $1,500.00 beginning December 5, 1986, and continuing on
<br />the 5th day of every month until December 5, 1991, at which time the
<br />entire principal balance and accrued interest is due and payable in
<br />full. Interest is due and payable on December 31 of each year
<br />beginning December 31, 1986. Interest will accrue from October 15, 1986
<br />at an interest rate of .5. below The Overland National Bank Reference
<br />Rate at a beginning interest rate of 10.5%.
<br />2. All other terns and conditions contained in the original real estate
<br />mortgage dated December 7, 1983, shall remain the same, and this Modification
<br />Agreement is made a part of the original real estate mortgage by reference and
<br />shall inure to all successors and assigns and their heirs.
<br />Dated this 12th day of :November, 1986.
<br />Charles D. Bosselman
<br />,fir "of owds
<br />�"�,f F,i "� /s�.L .�4: i�dr tiCi 1� __ � �(� 3^ T /_r}...!/ 1� '7. <:_'�•L'�F �
<br />4o jrnet Kay BOSSern
<br />THE 04E1ZIA10 NATIONAL BANK OF GRAND ISIA�
<br />By •%
<br />Gail Brummmdl; ice President
<br />STATE OF NEBRASKA)
<br />) ss:
<br />OOONI'Y OF HALL )
<br />Before me, a notary public qualified for said e
<br />id county, personally ca
<br />Charles D. Bosselman and Janet Kay Bosselman, Husband and Wife, kmnn to me to be
<br />-the identical persons uio signed the foregoing instrument and acknowledged the
<br />executfonthereof to be his and her voluntary act and deed.
<br />Wit .-A r� al seal on Nov r 12'1'986.
<br />MM►w►Ilw-�r�+ �' '
<br />Wa1t11LM�
<br />Notary Public
<br />SPATE OF N)MRASKA )
<br />) ss:
<br />OOILWN OF HAIL )
<br />Before me, a notary public qualified for said ecxmty, Personally eanne
<br />Gail Brutnratnd, known to me to be the identical person Abo sipied the foregoing
<br />instruiment and acknowledged the execution thereof to be his volunt u-v act and deed
<br />and the-voluntary act: and deed as an officer of said corfxn-ution.
<br />Witnc .s m} hand and notarial :cal on N'ovcviX,r 12, 1tka .
<br />X.-,w lCrwlw- a�wi
<br />�MG1iRit VAIN=
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