Laserfiche WebLink
A <br />MID-CONTINENT ENTERPRISES, INC. <br />F <br />85-- 001624 <br />EXTENSION AGREEMENT <br />In consideration of the extension of the time of payment of the original promissory <br />note hereinafter described, the undersigned, Mid- Continent Enterprises, Inc. and , <br />Bish, Inc. , hereby covenant and agree to pay to Norwest Bank Grand <br />Island, National Association, Grand Island, NE or order, the principal sum of <br />TEN THOUSAND AND NO /100---- - - - - -- ------------------ - - - -($ 10,000.00 ) <br />together with interest thereon at 13.75 per cent per annum from the date hereof, <br />such sum to be payable oil October 1, 1985 Interest shall be payable at maturity <br />on October 1, 1985 _ <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 of <br />Apr" 211 11983 to The First National Bank of Grand Island, Grand Island, <br />Nebraska, and was due and payable on the 1st day of April, 1985 , together <br />with interest at 14.00 per cent per annum and secured by Real Estate Mortgage <br />to The First National Bank of Grand Island, Grand Island, Nebraska, recorded as <br />Document I183- 001975 in the Mortgage Records of Hall County, Nebraska <br />The undersigned agrees to pay such extended balance of principal of TEN THOUSAND AND <br />No /100------------------ - - - -($ 101000.09, together with interest thereon at <br />13.75 er cent per annum, such principal and interest to be payable in lawful <br />money of the United States of America at Norwest Bank Grand Island, National Association, <br />Grand Island, Nebraska. <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 Document 1183- 001975 <br />in Real Estate Mortgage records of Hall County, Nebraska as <br />the first mortgage lien upon the real property described therein, and the whole of <br />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 this hands this 1st days of <br />April, 1985. _ MID- CnNTTNFNT r•NTERPR ES, iN�. <br />BISH, INC. Glenn R. Wilson, .Jr.,'President <br />._.�,By: <br />STATE OF Nebraska ) ? ^ti Inn U. ,J:aSh, President <br />)SS. <br />COUNTY OF flail ) <br />On this 1st day Aril, 1985 <br />Y o P , before me, the undersigned a Notary Public, In and for Hall County, personally came Glenn R. Wilson, Jr. and <br />i^crsenaily known to me to _e the idenr. ical persons whose names <br />are affixed to the above and foregoing Extension Agreement as makers, and they <br />acknowledged said instrument and the execution thereof to be their voluntary act and <br />deed for the purpose therein expressed. <br />IN TESTIMONY WHEREOF, I have hereunto affixed my hand and official seal atGrand Island, <br />on the day and year last above written. i <br />Notary Fublic <br />114M !AMT •• SIR), a *#$""a i,*RY K. RATHhujw <br />M %am 1* CK 21, Lin <br />r . <br />++ <br />R <br />