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?5-- 002321 <br />EXTENSION AGREEMENT <br />In consideration of the extension of the time of payment of the original promissory <br />note hereinafter described, the undersigned, Nackerud, <br />Wif hereby covenant an agree to pay to NORWEST K <br />ION, or oeder,the principal sum of One Hundred Thirty <br />F' T ----- -- ----- - - - - -- ($135,000.00 _ together w ti <br />nterest thereon at 12.50 percent per annum from the date hereof, such sum <br />to be payable on November 2. 1985 Interest shall be payable <br />at maturity on <br />The original principal note in the amount of One Hundred Thirty Five Thousand and 00 /100 -- <br />-------------- -------------- - - - - -- ($135,000.00 * * ** was execute an a ivered <br />by the undersigned under t�date of Nov mb r 7 984 , to NORWEST BANK <br />GRAND ISLAND, NATIONAL ASSOCIATION, an was ue an payable on the 6th day of <br />together with interest at 12.50_ percent per <br />annum and secured by a Real Estate Mortgage to NORWEST BANK GRAND ISLAND, NATIONAL <br />ASSOCIATION, recorded as Document 484- 005901 in the Mortgage Records <br />of Hall County, _ Nebraska <br />The undersigned agrees to pay such extended balance of principal of One Hundred <br />F" --------------- - - - - -- ($135.000.00 * * * ---� -- <br />together wit intere st thereon at _12.5o percent per annum, such principal and <br />interest to be payable in lawful money of the United States of America at <br />NORWEST BANK GRAND ISLAND, NATIONAL ASSOCIATION. <br />P <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 :�84- 005901 <br />in the;Morteage Records of Halt County, <br />Nebraska , as the first mortgage lien upon the real property <br />described therein, an t e whoTe of the title thereto as now owned by rte. <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 6th day <br />of MAX- IQRS <br />Norman G. Na kerud M ry Ellen .ackerud 4- <br />STATE OF NEBRASKA ) <br />COUNTY OF iiAu ) <br />The foregoing in t.,w4s,•acknowledged before me this 6th day of <br />Ma cap`,.• , I9 , uy Norman G. Nackerud snd Mary = en Nackerud, <br />< ? Husband and Wi e <br />otary u c <br />Legal Descriptio <br />__..�...__._.� ._..�.._.........- _., �, i, ty!.._: �..._ 1.► i. ritttl.. r. i1, �iY. cs1.._. ti; �i._, Ls�s1uLY,... ��3u: �i. �: a.._. �_. .- �.�e_- _.__...._....._.- ._.m.. <br />0 <br />R <br />