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EXTENSION AGREEMENT 85- 0 0 4 8 5 4
<br />In consideration of the extension of the time of payment of the original promissory
<br />note hereinafter described, the undersigned, Donald J. Leifeld, A Single Person
<br />, hereby covenant and agree to pay to NORWEST BANK
<br />tRAND ISLAND, NATIONAL ASSOCIATION, or or'der,the principal sum of Twenty One Thousand
<br />Three Hundr d ighty-Eight and 33/100 --------- ($ 21,388_33 ), together with
<br />interest thereon at 12,75 percent per annum from the date
<br />hereof, such sum
<br />to be payable on October 1. 1986. Pavltent schedule will be 11 payments of $237.35 due
<br />monthly beginning November 1, 1985 and 1 final payment of $21,497.15 due and payable on
<br />October 1, 1986. Final payment is a balloon anr+ lender will consider refinance.
<br />The original principal note in the amount of Twenty -One Thousand Five Hundred and 00 /100 - --
<br />- -($ .Z1, 500.00 _ was executed and delivered
<br />by the undersigned under the date of Auoust 15, 1984 to NORWEST BANK
<br />GRAND ISLAND, NATIONAL ASSOCIATION, and was ue and payable on the _j� __day of
<br />198 _, together with interest at 13.50 percent per
<br />annum an secured by a Rea Estate Mortgage to NORWEST ffANK _ CRAW IS__LAND, NATIONAL
<br />ASSOCIATION, recorded as Document #84- 004265 in the Mortgage Records
<br />of Hall County, Nebraska
<br />The undersigned agrees to pay such extended balance of principal of Twenty-One Thousand
<br />Three Hundred Eighty -Eight and 33/ 100 ---------------- ($_21,388.33 -Y
<br />together with interest thereon at 1Z.1b 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 />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- 004265
<br />in the Mortgage Records of Hall County,
<br />raska as the first mortgage fen upon the rea property
<br />ed scribed therein, and the whole 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 paymenL of which is
<br />herein extended.
<br />IN WITNESS WHEREOF, the undersigned have hereunto set their hands this 30th day
<br />of September, 1985 -- -'-
<br />Donald J. Leifeld
<br />STATE OF `— NEBRASKA
<br />COUNTY OF HALL )
<br />The foregoing instrument was acknowledged before me this 30th day of
<br />194_+ uy- ------ -_Donald J__t_eifeld----------
<br />�M�MAM1- �rw�Mww t/ �
<br />M'ft►4 AftegIt,tllt public
<br />Legal Description: , -__in f3elmont.,_in Addition to the city
<br />�f_Grat is. LatuL .__t1QLL_.1.12L11X1..._P�fi1Csl ksl __i'.sitt _l_.�_.. 'hi._�. .oi Lot_ 15,_.Block 9,
<br />Un ±.'iersityPlac!1 an_Addltlon_to. the crty of (rand':land, Hall County, Nebraska, together
<br />with the N1 /2 of vacated Prospect, SYrPet lyrnrl °;rush ..f and rdJa�.ent to ti_0 South line
<br />rrf ;aid Lot fifteen !15), N.lnck, 11, University Place, an Addit.iun to the -itv of Grand
<br />1•,land, hall Count,Y, Mebra;ka.
<br />11/811
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