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EXTENSION AND MODIFICATION AGREEMENT 86. 106864
<br />864
<br />WHEREAS, on Au ust 15 O�. J if single person
<br />borrowed from Norwest an rand Island,
<br />National Association, now known as Norwest Bank
<br />Nebraska, National Association
<br />the principal sum of Twenty -one Thousand ;Five
<br />Hundred and no /,100ths--- - - - - -- DOLLARS ($ 21,500.00 :) at 13.50 % per annum, and gave to said
<br />Bank a promissory note which provided for payment to be made as follows:
<br />Eleven Consecutive Monthly Payments of $250.62 beginning October 1; 1984, and one final
<br />balloon payment in the amount of `$21,638.94 due and payable on September 1, 1985.
<br />and, WHEREAS, said note is secured by a mortgage /deed of trust on real estate owned by
<br />Donald J.:Leifeld and legally described as follows:
<br />Parcel 1: Lots One Hundred Seventy -one (171),One Hundred Seventy -two (172) and One Hundred
<br />Seventy -three (173), in Belmont, an Addition to the City of Grand Island, Hall Co., NE.
<br />Parcel 2: The Southerly Twenty -nine and twenty -five hundredths (29.25) feet of Lot Fifteen (15),
<br />Block Cline (9), University Place, an Addition to the City of Grand Island, Hall Lounty,
<br />Nebraska, together with the North Half (N;I) of vacated Prospect Street lying South
<br />of and adjacent to the south line of said Lot Fifteen, Block Nine, University Place,
<br />an Addition to the City of Grand Island, Hall County, Nebraska.
<br />said mortgage /deed of trust being datedlugust 15 , 1984 , and recorded as Doc. V s H &
<br />in the Mortgage Records in the Office of the Register of Deeds of HaT CT- ounty, ebras`ka', and
<br />WHEREAS, said borrower has requested an extension of time of payment until October 1 ,
<br />19I, and has agreed to pay interest at the rate of * *11.75 $ 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 />follom
<br />Eleven consecutive monthly payments of $237.35 due the first of each month beginning on
<br />November 1, 1986, and 1 final payment of $19,625.27 due and payable on October 1, 1987.
<br />"Final payment is a balloon and lender will consider refinance.
<br />* *Interest rate will be adjusted on December 1, 1986.
<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 />s
<br />shall continue in full force and effect except as herein modified.
<br />Executed this 26th day of November 19 86 .
<br />110 BATIK NEBRA KA TIONA %ASSOCIATION
<br />BY%
<br />t- Donald Leifel
<br />Margare, M. Dillon, AV
<br />- STATE OF NEBRASKA )
<br />} s.s.
<br />OKAM HALL )
<br />On this 26th day of November 19 86, before me a Notary Public in and for said County
<br />06rsonally, appeared DoneTd J. Leifeld, a single person
<br />do sfe known to be the person(s) named in and who executed the foregoing instrument and acknow-
<br />f4dged :that'h4/shoi*k*lW executed the same as hisA1*fJE *X voluntary act and deed.
<br />Wz 6-ME0S cal on the day and year last above written.
<br />l)1
<br />X
<br />my -88 7rOTARY PUBLIC
<br />STATE OF NEBRASKA )
<br />s.a.
<br />COUNTY OF Hall )
<br />The foregoing instrument was acknowledged before me this 26th 'day of November, 19 86,
<br />by A1arf�ret M. Dillon, AVP of NORWEST BANK NEBRASKA, NATIONAL ASSOCIATION,
<br />4,Nobrs Corporation, on behalf of the corporation.
<br />My coasissiofi ""expires:. 6 -2 -90 NOTARY PUBLIC
<br />16/88 ,, R
<br />A
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