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85-= 003185 <br />EXTENSION AGREEMENT <br />In consideration of the extension of the time of payment of the original promissory <br />note hereinafter described, the undersigned, fr nk K <br />GRAND ISrXfflr_Fa _ __ TraffIC hereby covenant an agree to pay to N EST B NK <br />SS C ION, or or'der,the principal sum of Twent nd <br />Seven Hundred Thirty-One and 00 0----- - - - -�$ 29 7 —), toget er with <br />interest thereon at » percent per annum rom t e ate ereof, such sum <br />to be payable on July 1 2986 Interest shall be payable <br />at maturity on July 1 1986 <br />The original principal note in the amount of Thirt Thousand and 00/100 ----------- <br />----------------------------------- ($30.000.00 was execute an a ivered <br />by the undersigned un er t e date of June 20 1984 , to NORWEST BANK <br />GRAND ISLAND, NATIONAL ASSOCIATION, an was due an payab�fe on the 1st day of <br />J 1 9 5 together with interest at 14.0 percent per <br />annum a secure by a ea Estate Mortgage to NORWEST B K N 3`tAND, NATIONAL <br />ASSOCIATION, recorded as Document n84- 003287 in the Mortgage Records <br />of Hall County, Nebraska <br />The undersigned agrees to pay such extended balance of principal of Tw_ _N• <br />Thou nd v n Hundred Thirty -One and '111»----- - - -($1 <br />toget er wit interest thereon at 0 percent per annum, suc primcrin pa <br />per <br />interest to be payable in lawful money o the United States of America at <br />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 Document X84- 003287 <br />`in the;Mortoage Records of Hall County, <br />scr e therein, ancdt a whoTe of the title theretoeas -- s lien now upon <br />wned byrme. <br />property <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 1st day <br />of Juiv 1985 <br />Frank E. Kolar <br />STATE OF _xFaea<. ka <br />COUNTY OF <br />The forega#ng )nstrument was acknowledged before me this <br />19 ts5_. uY ! r ank F�Kolar `c`_" day of <br />wwM��wsr r wrr <br />w otary c <br />Legal Description he utherl )eveffty fide lert 575') of the last One Halt {1;,,) <br />L <br />ftui�� - ut>divi:;ion in thr pity of 6rand Island, !j;rll� <br />JJI <br />