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<br />EXTENSION AGREt-'~.it PJT ~~~ ~~~~~~ <br />In consideration of the extension of the time of paynu~nt of the• nrir~inol promissory note <br />hereinafter descriUed, the undersicTncd, Kenneth W.Jones and _Velva Hoffman Jones, <br />Hu_sbdnd and Wife _, lii~r~~l~y covr•~r,urt ,in~l a~{rec to pay to the First <br />National bank of Grand Island, Grand Island, Nehra,k.r, or order, the principal sum of <br />TEN THOUSAND AND NOi100----------------------------------------------------------- <br />5 1 000 0 00 ), together ~citi, interest thr•rer?n ,,t Thil^teen & One- a r cent per <br />annum from the date Hereof, ,uch sum to he i>~yable or, Aught 9,_1_983 Interest <br />shat) be payable at maturity or, August 9-,-198_3 _, <br />The original principal note in the anxxn,t of " TEN THOUSAND AND NO/100=_____------- <br />-------------------- (S 70,000.00 ) was executed and delivered by <br />fire undersigned under the date of Februdr~5-1982_ _ ___ _, to The First National <br />Dank of Grand Island, Grand Island, Nohr,rska, and was due and payable on the 10th <br />day of_ February, 1483 _ together with interest at Fifteen_and One-Half _ per <br />cent per annum and secured by R~„z~o~,~~~te .ti1orir{ayc to The First National Bank of Grand <br />!stand, Grand Island, Nebraska, X ttt6X as _Document No._82-0_00539 <br />in the Aortgage F2ecords of -- Nd'1-- ---- --County__ N-e~rds~ <br />The undersigned agrees to pay such extended b.rlancr of principal of TEN THOUSAND <br />AND NO/lOd-------------------------------------------(ti 10,000~Ofi -- -~ together <br />with interest thereon at Thi_r_Seen_and__One-Half-{'cr ~cnt per annum, such principal and <br />interest to be payable in lawful money of the United States of America at The First Nat- <br />ional Bank of Gran) Island, Grand Island, Nebraska. <br />All of the covenants and agreements in such oric3inai note ar,d [he Real Estate Aortgage a- <br />!x?ve described, other than hereinbefore modified, shall he and remain unchanged and in <br />full force and effect during such extended I,erind. It default be made in payment of any <br />principal sum, the entire principal sum with interest thereon shall become immediately <br />due and payable at the election of the Iec~al holder thereof. <br />In further corrsideratior, of such extension of tinu• of I,aynrent of such indebtedness, I here- <br />t)y ratify and confirm such nu>rtyayc r ecurded as DO_C. #82-000539___ <br />in Reai Estate ::Vortc{acie records of Hall <br />~ounty,__ Nebrdskd_ __ ____ _ - _ _ - as the first mortgage lien upon <br />the real property descritn~d thc•rcin, and fire whole of the title thereto as now owned by me. <br />T!,e undersigned executes this Extension .'~ctrcenx•nt ~tiith reference to and on the faith and <br />credit of'their properly, which they r:otiv own or hoer ern interest in or hereafter may ac-- <br />c{mire; the express intention being to charge and to : ontinue to charge any' and all of such <br />prvpcr ty with i'.e payment of the indebtedness, the irayment cf which is herein extended. <br />iN }+`ITNESS 1~'HER[OF, the undersigned have ixrc~unte set this !rands this lOth_ <br />day of February, 7983 <br />~k nneth W. Jones ^' elva Hoffman Jo <br />-,STATE OF ._NEVAQA ___ ____) <br />'COUNTY OF 1 <br />H T ) <br />The foYegoiny instrument was acknowledge aefor-e :ne this 15th day of <br />Februat t9 - - - ---- <br />_ ___83 ___ h~ Kenneth W. Jones and Velva Homan Qones, uR s6a3-~ <br />~. a_. +~a~4Gi fe y -- ---- ----------------- - <br />h <br />j ~ ~' ~' %'` ` ~ ~~ ..~.._._.. <br />L ~ <br />Notary Pub}ic <br />My Commission Expires 9-24-85 _ ,,,~>»,,,,.,:.,~.~~..~.,,;,,,, .,,,,:,~>.. ,.,,.. ,,>,,,,..., <br />_ .~ <br />,.~ a Plotrsr+, ;i,,ii,- - .., c>f ~r~u.:.~a <br />`i <br />t a-~ ..,.. r - - <br />Legal Description: LOT FORTY THREE (43} AND THE 50UTHERLY NIME (9) FEET DF LOT FORTY <br />Tk0 (42) WEST HEIGHTS SECOND ADDITION TO THE CITY OF GRAND ISLIiND, <br />HALL COUNTY, NEBRASKA. <br />