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<br />002098
<br />EXTENSION tiGREEME7dT
<br />in consideration of the extension cf the time of payment of the original promissory
<br />note hereinafter described, the undersigned, - John_Dhillon, Inc_
<br />_ hereby covenant. and "agree to pay to the First
<br />Natierial Bank of Grand Island, uritnd island, Nebraskan, or order, the principal sum
<br />of Twen y Six Thousand Four Nundred and no 100----------_--------------------_--
<br />iS 26.4QQ,Qq ~, together with interest thereon atsi_xteen & one- ~~cent
<br />per annum from the date hereof, such sum to be payable on .i~vember~_--- 1. ~gg~
<br />Interest sha11 be payable at maturity on November .119$4.__-_-
<br />The original principal rate in the amount of Twenty Si x__T_h__ousa_nd Four Hundred
<br />___ __
<br />and no/100_ ------------~ ______ ~."S_ 26,400.00 ~ was executed and
<br />Celivered by the undersigned under the date of Sept~nber~l~T979 to The First
<br />National Bank of Grand is?and, Grand Island, Nebraska, and was due-and payable an
<br />the i5th day of March, 1980 together r,~ith interest at twelve 1.2.0©)
<br />percent per anncxr, and secured by Rea? Es Late ^iortga<1e t:o the Fi rst National Bank
<br />of Grand Island, Grand Island, Nebraska, recorded as Doty,#74-006090 &EXT. 80-003116 &
<br />81-005579 &80-005612 R$~~jg4~h~$~n~~~~~~ Records of Mall------ County,
<br />Nebraska
<br />The undersigned a4rees t.o [ray sucr, extended balance c>t` principal of Twent<Y;Six
<br />7housan four Hundred and NO 1 JO-----_!- _-_- i 5 _ _ __ 26,40D.00 - ~-toget~rer
<br />with interest *.herean at sixteen & one-halfperc~~~nt :rer ar;num, such principal and
<br />interest to be payable tr: ? wful rw-rney of the 'nitcci States of America at The First
<br />tdationai Eank cf Grand is'.and, Grand Island, tJabraska.
<br />ll ,>f the covenants .nd agreements in <.u[h origrnai note and the Real Estate Portgage
<br />above described, other than ~~ereinbefore rn+odified, ;hall be and remain unchanged end.
<br />^. =u11 force and effect .;uriny such extended Perrad. it default be made in payment
<br />nt any principal sum, ire entire ,rrincipal gum r:lih interest thereon, shah become
<br />s,diate'-.:i true ono oaysb;e at t!:e elecaron of f.tre lt~vai holder thereof.
<br />.~~ further consideration ~fi >ucn exLens~on of time cif paYmertt of such indebtedneSS,
<br />I hereby rati fy and cor.fi r~rrr _.uch s ecorded as Ooc~~79-006090 li Ext. 80-001316-
<br />&81-005579 b 80-{X75612 &82-001598~i c~~te Mortgage reear s of ~}1
<br />`ounty, Nnnracka _____, as the `first mortgage lien upon the real property
<br />described herein, and fire whose of the ti±ie thereto as paw awned by me:
<br />the undersigned executes this Extension Ayr•eerr~nt with reference to and on the
<br />faith and credit of their property, vhich they paw own ar have an interest in or
<br />hereafter rray acquire; the express intension being to charge and Lo continue
<br />to charms any and all of uc^ pr-oertY with. tyre payment of the indebtednc~ss,~the
<br />payment €~f w±rich is hcreiz: extended.
<br />IN wITNfSS WIifREGF, the c;ndersrgned have hereunto set their hands this 23rd
<br />day of ___March~1983_-----_____.__
<br />_. John Dhillons Inc___:__ __ '
<br />r
<br />Bv: `S " ~~
<br />-----
<br />John K. S. Ohil]o~ent
<br />7TATE OF kior~da '
<br />CC7gT~TY fiF ~ ~t+rw.~~~~~
<br />r >,~.
<br />The ttregpi~g instrrent was aeknar..ledged befor? sr~ this ~_:=.___..-.-.:.,, `~ ~f
<br />'t` ~. _ =' ~4. _ by Joh r~K. S. _Ohillan,_ Presid~# o~pit~r'°',.
<br />~ ._ZttIKS., QrIIOr iq~in behalf of the corporats`on ,
<br />~ ;
<br />t ("`
<br />My• Co~rission Expires: ~ ~. suM.~ fao,w i _c9terv .
<br />yr G>~ru tlsrr. 13. 19l4 ~... ..
<br />:~ r~., :,,..,~.~,- ~.
<br />legal :lE"SGr?~rt,on: _l,~rt_14~$toek_ l ~n I~rentwood Second Subdivision, HaTI Caurtt,~,
<br />Nebraska
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