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<br />EXTENSION AGREEMENT ~~""'~~00~~7
<br />In consideration of the extension of the time of payment of the original. promissory
<br />note hereinafter described, the undersigned, Rand C. Ritchie-and. Glenna J: Rfitchie
<br />Husband apd Wife hereby covenant and agree to pay to the First;
<br />National Sank of Grand Island, Grand Island, Nebraska, or order, the principal sum
<br />of ONE HUt~jRED THIRTY-SIX THOUSAND ANO NO1100------------------------------------
<br />(5~136.000~QQ ~gether with interest thereon at Fourteeh percent
<br />per• annum from the date hereof, such sum to be payable on Mav'14; 1984::-
<br />Interest shall be payable at maturity on May 1 41984 _J_
<br />The original principal note in the amount of p(~E HUNDRED THIRTY SIX T OUSAND-AND
<br />_ NO/1Q0-------------------------~-_,--(~_~ 136 000~00__`~_ was executed-ahd
<br />delive-red by the undersigned under the date of'_~~1g ~gg3___,_, to The First.
<br />National Eank of Grand Island, Grand Island, Nebraska, and was-due dnd payable on
<br />the- l~ih day of November..{ together with interest at 1.3.75
<br />percent per annum and secured by Real Estate Mortgage to the First National Bank
<br />of Grand Island, Grand Island, Nebraska, recorded as pocument_#,83_OOZ~$8
<br />in the Mortgage Records of __~1 County.,
<br />Nebraska
<br />The undersigned agrees to pay such extended balance of principal of ONE HUNDRED
<br />THIRTY 5IX THOUSAND AND NO/100----------_------ (5_,_ 136,000.00 together --
<br />with interest thereon at Fourteen percent per annum,-such"principal and
<br />interest to be payable in lawful money of the United States of America at The. First
<br />National Bank of Grand [sland, Grand Island, Pebraska.
<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 became
<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 ~i83-002538 __
<br />__ in Real Estate Mortgage record> of Hall
<br />County, Nebraska T, as the first mortgage lien upon the rear property
<br />described 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
<br />faith and credit of their property, wirieh they now i~wn or have an interest in or
<br />hereafter may acquire; the express intension being to charge and to continue
<br />to charge any and all of such property with the payiner:t of the indebtedness, the
<br />payment of which is herein extended.
<br />IN WITNESS WHEREOF, the undersigned have ihereunta set their hands this _15.~tT __
<br />day of November, 1983 ____^
<br />"~ ~ ~ ~
<br />Rand G. Ritchie ~~1 na J, Ri c M~
<br />~._ _
<br />STATE 4F _ hebrasJ~ _)
<br />}
<br />COUNTY- OF Ha 13 T ~__.____~._~
<br />The f~rregoing instrument was acknowledged before me this
<br />v,~+~er 19 83 by _,~Rand C ; , r d Glenna,
<br />_.-..~>;trand aiyii Wife ______~_a_._.__._.._
<br />,~ =-,;
<br />Cortlmission Expires:
<br />Rublic
<br />day of
<br />~~'• ,~
<br />'' LF 7.3I:a~`'
<br />Let~~l Descripfiion. _µ.l.ot Ei~hteen._,(18~ in_E_a~7e_ _,;_ aces Subdivision, Nall
<br />G~iunty, Nebraska
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