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85-001102 <br />EXTENSION AGREEMENT <br />In consideration of the extension of the time of payment of the original promissory <br />note hereinafter described, the undersigned, LeRoy F. Whiting and Barbara F. Whiting, <br />f , hereby covenant an agree to pay to First <br />a ona an o ran Island now orwest Bank Grand Island, National Association, <br />or order, the principal sum of Sixty -five Thousand and no /100--------------- - - - - -- <br />(S 0000.00** ), together with interest t ereon at 12.00 percent per annum <br />from the date hereof, such sum to be payable in annual principal payments beginning <br />March 1, 1986, and monthly interest payments beginning March 1, 1985, with final <br />payment due and payable on March 1, 2010. <br />The original principal note in the amount of Seventy Thousand and no /100-------- - - - - -- <br />($ 70,000.00** was execute a-na-Te-TTv—eiW <br />by the undersigned under the dat e of Feb�ruar�24 :.s84 to The First National <br />Bank of Grand Island, now Norwest Ban rk G and Islan National Association, and was <br />due and payable on the 22nd day of August, 1984 , together with interest at <br />IiWo_percent per annum an secured by Mortgage to The First National <br />f Grand Island now Norwest Bank Grand Island, National Association, recorded <br />as Document No. 84- 001079 in the Mortgage Records of Hall County, <br />Nebraska <br />The undersigned agrees to pay such extended balance of principal of Sixty-five <br />($ 65,000.0o.'-* , together <br />wit interest t ereon. at 12.00- percent per annum, such principa and interest <br />to be payable in lawful money o t e tn-ited States of America, 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 unchanged and <br />in full force and effect during such extended period. If default be made in payment <br />of any principal sum, 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 Do-,. 1170. �4- 001079 & Extension-- <br />in Real Estate Mortgages o ! "all <br />county: as the first mortgage lien upon t e rea property <br />described there n, and whotle 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 day <br />of <br />-4 <br />1 <br />' Z'� <br />STATE OF NEBRASKA ) <br />CDWTY OF HALL <br />Ths foregoin cknowledged before me this day of <br />9Yb H;�r1>,tr'�i !'. lI�IJ r_ty' i,r; 'its: i ",�,i,.i <br />and Wife' <br />Notary Public <br />6/25/84 <br />