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85-- 000783 <br />EXTENSION AGREEMENT <br />j" In consideration of the extension of the time of payment of the original promissory <br />11 note hereinafter described, the undersigned, '1 1 PRackpr and Patrirja 1, <br />hereby covenant an agree to pay to The First <br />at ono Bank o Grand Is and now Norwest Bank Grand Island, National Association, <br />or order, the principal sum of Thirty -five Thousand Six Hundred Fifty -eight and 23/100 <br />($ 35.§58.23** ), together wit interest thereon at 13.25 percent per annum <br />from the ate hereof, such sum to be payable on DPrPmhPr t, 1987 Interest <br />shall be payable at maturity on December 1, 1987 <br />The original principal note in the amount of Thirty -six Thousand and no /100----- - - - - -- <br />($ 36.000.00 ** was executed and a ivi ere <br />by the undersigned under the date of November 13 1981 , to The First National <br />Bank of Grand Island, now Norwest Bank Gran Is an , National Association, and was <br />due and payable on the 1st day of December ' 1984, together with interest at <br />percent per annum an secured y Rea ET state Mortgage to The First National <br />Bank of Grand Island now Norwest Bank Grand Island, National Association, recorded <br />as Document No. 81- 005721 in the Mortgage Records of Hall County, <br />Nebraska <br />The undersigned agrees to pay such extended balance of principal of Thirty -five Thousand <br />Six Hundred Fifty -eight and 23/100 ------ ($ 35,658.23** , together <br />with interest thereon at 13.25 percent per annum, such principal and interest <br />to be payable in lawful money o t e United States of American at The First National <br />Bank of Grand Island now Norwest Bank Grand Island, National Association. <br />All of the covenants and agreements in such original note and the Real Estate Mortgage <br />above described, other than hereinbefore modified, shall be and remain ynchanged and <br />in full force and effect during such extended period. If default be made in payment <br />of any principal sun, the entire principal sum with interest thereon, shall become <br />immediately due and payable at the election of the legal 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 No. 81- 005721 <br />in Real Estate Mortgages of a <br />County.,. as the first mortgage lien upon the real property <br />described there n, anc tie whole of the title thereto as now owned by me. <br />The undersigned executes this Extension Agreement with reference to and on the faith <br />and credit of their property, which they now own or have an interest in or hereafter <br />may acquire; the express intention being to charge and to continue to charge any and <br />all of such property with the payment of the indebtedness, the payment of which is <br />herein extended. <br />IN WITNESS WHEREOF, the undersigned have hereunto set their hands this ist day <br />OT December. 1984 <br />Richard L. DeBacker <br />,ice Pa *�' ricia L. DeBacker <br />STATE Of <br />COUNTY OF 1 _ <br />The foregoing instrument was acknowledged before me this Ist/\ day of <br />RichardL. DeBacker and Patricia l.. e ack� ,-'�usband rind Wife <br />r <br />MAT " <br />SKAL <br />STATE of a+t. <br />My eummisiun F ea, Notary Publie .m <br />Legal Description:...j fit.. ®nc�- ��4.a,�Twi.. <br />l..._tILI.l_l t .,. _flub r;�1 E ft <br />C ,ter 000 <br />