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<br />v%l--r V V V 071- t7
<br />ANDEkSON, NORMAN E. AND SON'iA M. DATE OF NOTE: November 12, 1985
<br />EXTENSION AGREEMENT
<br />In consideration of the extension of the time of payment of the original promissory
<br />note hereinafter described, the undersigned, Norman E. Anderson 6 Sonya M Anderson
<br />hereby covenant and agree to pay to Norwest Bank
<br />Nebraska, National Association, formerly Norwest Bank Grand Island, National
<br />Association, Grand Island, NE, or order, the principal sum of TWENTY -THREE THOUSA.NTD
<br />AND NO/ 100-------------------------------------- — -------- — -- (S 23,000.00 ),
<br />P per together with interest thereon at 12.75 -per cent r annum from the date hereof,
<br />such sum to be payable on May 12, 1986 Interest shall be payable at maturity
<br />on Mac 12, 1986
<br />The original principal note in the amount of FORTY THOUSAND NINE HUNDRED SEVENTEEti &,���
<br />($ 40.917. ) was executed and delivered by the undersigned under the date of
<br />December 15, 1982, to The First National Bank of Grand Island, Grand Island,
<br />Nebraska, and was due and payable on the 13th day of June 1983 , together
<br />with interest at 50 14. per cent per annum and secured by Real Estate Mortgage to
<br />The First National Bank of Grand Island, Grand Island, Nebraska, recorded as
<br />TMetimPnt = =82- 005 90 in the Mortgage Records of Hall County, ? Nebraska
<br />The undersigned agrees to pay such extended balance of principal of TIdENTY -TNRFF
<br />THOUSAND AND N01100-------- ($ 23,000.00 ), together with interest thereon at
<br />12.75 per cent per annum, such principal and interest to be payable in lawful
<br />money of the United States of America at Norwest Bank Nebraska, National Association
<br />at Grand Island, Nebraska.
<br />All of the covenants and agreements in such original note and the Real Estate
<br />Mortgage above - described, other than hereinbefore modified, shall be and remain
<br />unchanged and in full force and effect during such extended period. If default
<br />be made in payment of any principal sum, the entire principal sum with interest
<br />thereon, shall become immediately due and payable at the election of the legal
<br />holder thereof.
<br />In further consideration of such extension of time of g stn {f Su h ind�bt�$p�ls,
<br />I hereby ratify and confirm such mort app eLL r['dEEd as , - -FW3$o ° )ruts ;' o- '`rr
<br />g %'�5- uUy4311 . R i Of1F,�R1 `iR4 -QQ; 947 R' 606001 ,
<br />in the Real Estate Mortgage records of hail County, Nebraska
<br />as the first mortgage lien upon the real property described therein, and the whole
<br />of the title thereto as now owned by me.
<br />The undersigned executes this Extension Agreement with reference to and on the
<br />faith and credit of their property, which they now own or have an interest in or
<br />hereafter may acquire; the express intention being to charge and to continue to
<br />charge any and all of such property with the payment of the indebtedness, the
<br />payment of which is herein extended.
<br />IN WITNESS WHEREOF, the undersigned have hereunto set their hands this 12th
<br />day of Novembrr 1985
<br />—T 7eorman
<br />4F A ni'
<br />Reg. of Oeeds --
<br />onvn , . AnnM rstin
<br />STATE OF Nebraska )
<br />)SS.
<br />COUNTY OF Hall
<br />On this t2rh day of November, 198 before mc, the undersigned a Rotary
<br />Ball `_County, personally came
<br />Public, in and for Norman F..- Anderson
<br />_
<br />r#nd Sonya M. Anderson personally known to me to be the identical persons
<br />whose names are affixed to the above and foregoing Extension Agreement as makers,
<br />and they acknowledged said instrument and the execution thereof to he their
<br />voluntary act and deed for the purpose therein expressed.
<br />IN 7FSTIMONY WHf_KPOF, I have hereunto affixed my f,and -end official
<br />eat at
<br />Grand Island m the day and yo;r iast abo.•c- writt,n.
<br />i �� � Iwo, �1+ �� 1 .. • � 1 1 111'.1
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