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EXTENSION AND MODIFICATION AGREEMENT 87-- 1000110 <br />WHEREAS, on November 1_, ig 84, Robert Stahl a, President, Bob Stahla Mobile Home Service, Inc <br />borrowed from <br />Norwest Bank Grand Island, National Association, now known as Norwest Bank Nebraska, National <br />Association the principal sum of Nine Thousand Eight Hundred <br />and no /100ths------------- - - - - -- DOLLARS ($9,800.00 ) at 14.00 % per annum, and gave to said <br />Dank a promissory note which provided for payment to be made as follows: <br />Principal due and payable on October 26, 1985. Interest to be paid semi - annually commencing <br />April 24, 1985, with a final payment on October 26, 1985. <br />and WHEREAS, said note is secured by a mortgage /deed of trust on real estate owned by <br />Bob Itahla Mobile Home Service, Inc._ _, and legally described as follows: <br />Lots Two (2), Three (30, and Four (4), Pepper Square Subdivision, in the City of Grand Island, <br />Hall County, Nebraska. <br />as Doc. Nos. 84- 005797., <br />86- 100624 & <br />said mortgage /deed of trust being dated November 1, 19 84 , and recorded 86- 107443 <br />in the !Mortgage Records in the Office of the Register of Deeds of Hal I County, Nebraska, and <br />WHEREAS, said borrower has requested an extension of time of payment until December 26 <br />19 87, and has agreed to pay interest at the rate of 13.00 $ per annum on the unpaid balance <br />and said Dank 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,1tgW. <br />Principal due and payable on December 26, 1987. Interest to be paid semi- annually <br />commencing June 26, 1987, with a final interest Dayment due on December 26, 1987. <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 />shall continue in full force and effect except as herein modified. <br />Executed this 26th day of December_, 19 86. <br />IMORMt. MK N} B1 , NATIONAL ASSOCIATION <br />Margaret M. DiTlon, AVP <br />STATE OF NEBRASKA ) <br />s.s. <br />COUNT]! of Ha 11 ) <br />Bob S ah1 e!' % ;ce, Inc. <br />By .t o r 1 e ' <br />i �� 1 .^ /I <br />Robert Stahla, Personally <br />On this 26th day of December , 19 86 , before me a Notary Public in and for said County <br />personally appeared o ert Stahla <br />to me known to be the person(s) named in and who executed the foregoing instrument and acknow -' <br />lodged that he /dIMPUbW executed the same as his /hVjA4'itW4, voluntary act and deed. <br />WITH ■j Seal on the day and year'last above written. <br />Mfy commission expires: NOTARY PUBLIC <br />STATE OF NEBRASKA ) <br />) S.S. <br />CotwTy OF Hall ) <br />M <br />The foregoing instrument-was acknowledged Defore me this day of December 19 86 <br />Lby Margaret M. Dillon, AVP of NORWEST BANK NEBRASKA., NATIONAL ASSOCIATION, <br />a Nebraska Corporation, on behalf of the corporation. <br />My commission expires. <br />10 /85 of sum 1X ". <br />��>>•rAnY Puei.. , <br />