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<br />AID-CONTINENT ENTERPRISES, INC.
<br />EXTENSION AGREEMENT
<br />86- 107315
<br />In consideration of the extension of the time of payment of the original
<br />promissory note hereinafter described, the undersigned Mid- Continent
<br />Enterprises. Inc., & Bish, Inc. . hereby covenant and agree to pay to
<br />Norwest. Bank Nebraska, National Association, formerly Norwest Bank Grand
<br />Island, National Association, formerly The First National Bank of Grand Island,
<br />or order. the principal sum of TEN THOUSAND AND N0 1100 DOLLARS------------
<br />($ 10,000.00 ). together with interest thereon at 11.75 per cent per
<br />annum from the date hereof, such sum to be payable on March F$, 7987
<br />Interest shall be payable at maturity on 'March 25, 1987
<br />The original principal note in the amount of TWENTY -NINE THOUSAND AND NO /100 -- ,
<br />($ 29,000.00 ) was executed and delivered by the undersigned under the date
<br />of * �t, tQRi , to The First National Bank of Grand Island, Grand
<br />Island, Nebraska, and was due and payable on the Ist day of April, 1985
<br />together with interest at 14 per cent per annum and secured b; Real Estate
<br />Mortgage to The First National Bank of Grand Island, Grand Island, Nebraska.
<br />recorded as Document X83- 001975 k85- OO1b24: in the Mortgage Records of
<br />?call County, Nebraska s85- 005'.53 a ^86- 102188
<br />The undersigned agrees to pay such extended balance of principal of TEN THOUSAND
<br />A.D `:0 /100--------- - - - - -- (510,000.00 ), together with interest thereon
<br />at 11.75 percent per annum, such principal and interest to be payable in
<br />lawful money of the United States of America at Norwest Bank Nebraska, National
<br />Association at Grand Island, Nebraska.
<br />All of the covenants and agreements in such original note and the Real Estate
<br />Mortgage above- described, other than hereinbefore modified, shall be and remain
<br />unchanged and in full force and effect during such extended period. If default
<br />be made in payment of any principal sum, the entire principal sum with interest
<br />thereon, shall become immediately due and payable at the election of the legal
<br />holder thereof.
<br />In further consideration of such extension of time of payment of such indebtedness,
<br />I hereby ratify and confirm such mortgage recorded as Document 83- 001975
<br />in the Real Estate Mortgage records of Hall County, Nebraska .
<br />as the first mortgage lien upon the real property described therein, and the whole
<br />of the title thereto as now owned by me.
<br />The undersigned executes this Extension Agreement with reference to and on the
<br />faith and credit of their property, which they now own or have an interest in or
<br />hereafter may acquire; the express intention being to charge and to continue to
<br />charge any and all of such property with the payment of the indebtedness, the
<br />payment of which is herein extended.
<br />IN WITNESS WHEREOF, the undersigned have hereunto set their hands this 26
<br />day of September, 19�b
<br />S;1D ENTER E INC.
<br />BIS -., T' n uay( e t, rt -�stS
<br />an D. Bi es_IJ_ent
<br />STATE OF__r`,p, 107315
<br />? SS.
<br />COUNTY OF HALT ?
<br />On this day of before me, the undersigned a Notary
<br />Public, in and for County, personally came
<br />personally known to me to be the identical
<br />persons whose names are affixed to the above and foregoing Extension Agreement as
<br />*+pkers, and they acknowled "d said instru>9ent and the execution thereof to he
<br />their voluntary act and deed for the purpose therein expressed.
<br />1% TESTIK)NY WN£REOF, I have
<br />LYAkA .
<br />Paid 141** A
<br />STATt
<br />T SS.
<br />hereunto affixed my hard and official seal at
<br />on the dal- and -:,ar l ist '. nbo ye- written.
<br />n
<br />Nottiry Plublic
<br />On his day Of -'fr a "ef to me, t3,e cn=_x. signed A .... ca ::
<br />r .ab a9c, ip An't feae
<br />t; F N ?It a.:e i
<br />P�ersory wtm'" !'1Mes are aff ixe•i to thv A ov_- And .: :ti�F
<br />a,;,.r *. A*r xcx t+fxl. ! " #tl rep 5_4 lee.r,x c;t ..' �� -, I10 "'-e* -01 T 111<
<br />=wit volwnturY 4g-t' 0*4 +104"'d fee 1, ho ; r th.4"e1 0 ... ,.
<br />
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