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MMIFICATION AND EXTENSION AGREEMENT $5-- 002261
<br />N. RICHARD HADENFELDT, JANICE E. HADENFELUr, KEVIN L. PRIOR, JANIS M. PRIOR,
<br />and H -P EPIHRPRISES, A NEBRASKA PARTNERSIIP, whether one or more, herein called the
<br />Mortgagor, and THE OVERLAND NATIONAL BANK OF GRAND ISLAND, Grand Island, Hall County,
<br />Nebraska, herein called the Mortgagee, hereby agree as follows:
<br />1. Mortgagor has executed and delivered to Mortgagee a real estate mortgage
<br />dated May 1, 1981, and recorded on May 7, 1981, as Document No. 81- 002342 in the
<br />office of the Register of Deeds, Hall County, Nebraska, in the name of BRADY AND
<br />ASSOCIATES, INC., and assumed by N. RICHARD HADENF=, JANICE E. HADENFE DI',
<br />KEVIN L. PRIM, JANIS M. PRIOR, and H -P ENTERPRISES, A NEBRASKA PARINER HIP, in
<br />consideration of a certain mortgage note for $40,000.00, a valid subsisting obli-
<br />gation of the Mortgagor, and payment of the remainder of the principal and accrued
<br />interest thereon shall be due according to the terms of the aforementioned real
<br />estate mortgage, modified and payable in the following manner:
<br />A mortgage mote dated May 1, 1981, in the name of BRADY AND ASSOCIATES,
<br />INC. and ass-=ed by N. RICHARD HADFNFFId7f W. .TANTCE F. HADE.NIFEUYr,
<br />KEVIN L. PRIOR, JANIS M. PRIOR, and H -P EWERIDR.ISES, A NEBRASKA
<br />PARIINEIIP, on which a principal balance of $36,662.73 remains unpaid,
<br />will be repaid with monthly payments of $540.71, applied first to
<br />interest and then to principal, beginning June 1, 1985, until
<br />May 1, 1987, at which time the entire unpaid principal balance and
<br />accrued interest is due and payable in full. The interest rate is
<br />13.75m effective May 1, 1985.
<br />2 All other terms and conditions contained in the original real estate
<br />mortgage dated May 1, 1981, shall remain the same, and this Modificaiton Agreement
<br />is made a part of the original real estate mortgage by reference and shall inure
<br />to all successors and assigns and their heirs.
<br />Dated this '?6th day of April, 1.985.
<br />N. Richard Hadenfeldt T hevrn L. Prior
<br />jWnice E. Hadenfeldt i Iagls M. Prior
<br />H —P E IERPRISES, NEBRASKA PARTNERSHIP 'ITIE OVF.F2L1 ND� TIONAL BANK OF I
<br />General Partner Ray G: B) :k, h;ecutive Vice President
<br />STATE OF NEBRASKA) RECORDERS MEMO
<br />CWN'fY OF HALL ) fiey. at DeW
<br />Before sue, a totar; public qualified for said county, personally came
<br />N. Richard Hadenfeldt and Janice E. Hadenfeldt, and Kevin L. Prior and Janis M.
<br />Prior, known to me to be the identical persons who signed the foregoing instrument
<br />and acknowledged the execution thereof to be their voluntary act and deed.
<br />Witness my hand and notarial seal on April 26, 1985.
<br />Mt1i■a4fir.ttgp _--
<br />Notary Tlubl rc i_
<br />7`
<br />STATE CS rUASKA)
<br />) ss:
<br />OOUN1Y OF HALL )
<br />Before me, a notary public qualified for said county, personally came
<br />/Y•�,•r ^ l%.or I known to me to be the identi.al person who signed the fore-
<br />going instrument and acknowledged the execution thereof to be his voluntary act.
<br />tumd deed and the voluntary act and deep as a general partner of said partnership.
<br />Wi.tne s my Land tuui notarial seal on April L6, 1985.
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