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84002250
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11/19/2008 1:42:14 AM
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11/19/2008 1:42:07 AM
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DEEDS
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84002250
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<br />~~ 002250 <br />EXTENSION AGREEMENT <br />In consideration of the extension of the time of payment of the original Promissory <br />note hereinafter described, the undersigned, Mid-Continent Enterprises, Inc. <br />hereby covenant and agree to pay to the First <br />National Bank of brand Island, Grand Island, Nebraska, or order, the principal sum <br />of One Hundred Eighty Thousand and OD/100 Doilars------------------------------ <br />(5 1 together with interest thereon at percen# <br />per annum from the date hereof, such sum to be payable on Oc er , <br />Interest shall be payable at maturity on October 9, 1 <br />The original principal note in the amount of _ One _Hundred Ei hty- Thousand and <br />11IIliD0 Dollars {3 18D 000.40 was' executed and <br />deirvered by the undersigned under the date of October 13, , to The First <br />Nc~tl anal Rank of f_, ranA iclanrl franA Tian ri Nch rac4r and ~~ -+ <br />• faS d:~ u,`iv payo `vTe ut <br />the 11th day of _ ~ ARril ~ toaetherMwith interest at 14.5 <br />percent per annum and secured by Real Estate Mortgage to the- First Nationa l Bank <br />of Grand island, Grand lsland, Nebraska, recorded as Document (183-005659 , <br />in the Mortgage Records of a County, <br />Nebraska - - <br />The undersigned agrees to pay such extended balance of principal of One Hundred.- <br />Eighty Thousand and OD/IOD Dollars---------------($ 180,ODD.~D ~ together <br />with interest thereon at 14. percent per annum, suc principal and <br />interest to be payable in lawful money of the t)nited States of Ameaira.at The First <br />National Bank, of Grand lsland, Grand Island, Nebraska. <br />Ail of the covenants and agreements in such original note and the Real Estate Mortgage <br />above described, other than hereinbefore n;odified, shall be and remain uk-ehanged and <br />in full force and effect during such extended period. If default be made in payment <br />cf any principal sum, the entire principal sum with interest thereon, shalt become <br />immediately due and payable at the election of the legal holder thereof: <br />In further consideration of such extension of time ~f payment of such indebtedness, <br />I hereby ratify and confirm such mortgage recorded as Document si83-005559 <br />_ in Real Estate Mortgage record- s o~~-~1r-- <br />County, ras a ~ as Lhe first mortgage Tiett uppn the neat Qroperty <br />described therein, and the whole cf the title thereto as now owned by:ire. <br />The undersigned executes this Extension Agreement with reference to and.on the <br />faith and credit of their property, which Lhey now own or have an interest i-n or <br />hereafter may acquire; the express intension being to charge and to Continue,. <br />to charge any and all e~f such property with the payment of the indebtedness-, the <br />payment of which is herein extended. <br />IN WITtiESS WHEREOF, the undersigned have hereunto set their hands this 11th. <br />day of April, 1984 <br />Glenn on, res~£~~~" <br />Mid-Coot ent erorises, Inc. <br />STATE OF NEBRASKA <br />COUNTY OF NALL <br />'e foregoing instrursent was acknowledged before me this 21th day of <br />~~p ~___. 3 by Glenn R. Wilson~_~r,.,__._~,,._~__.___~ <br />_ _. <br />~ ~ ___ <br />_ \ / C`~- <br />#~d~M!>~~ 'Y any F ubl ~i c <br />i.eyal -5erspt9an: ilNIT F1`~E> i~%T TWO (2; BkOCK EIGf!T ~B! REpt.A', i.JNTINENTAi. <br />GAf€i}Eftt,S AN AOOIIION Tr .1RE CITY CIF tiRAfY0 1SLANa?, VEER~StcA. <br />
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