<br />83-003884
<br />
<br />EXTENSION AGREEMENT
<br />
<br />In consideration of the extension of the time of payment of the original promissory note
<br />hereinafter described, the undersigned, Plaza Square1 A General Partnership
<br />".......,..._.. . __, h~reny covenant and agree to pay to The First
<br />NatIonal ~ank of Grand Island, Grand Island, Nebra ska, or order, the principal sum of
<br />Four Hundred Fifty Thousand and NO/lOO--------------------------------~------------
<br />($ 45D .000.00 _l, together with itlterest thereon at Thirteen & One-Ha~r cent per
<br />annum from the date hereof, such sum to be payable on AUQu.st 29. 1983 Interest
<br />shalla. payable at maturity on AUQust29.1983
<br />
<br />The original principal note in the amount of ---E9.l!!.. Hundred Fift Thousand and NO 100;;-
<br />__________n_________ ($ 450.000,00 was executed an e ivere by
<br />the undersigned under the date of pecfltllper 2. 1981 , to The First National
<br />Bank, of Grand Island, Grand Island, Nebraska, and was due and payable on the 2nd
<br />day of December. 1982, together with int.!rest at Eighteeen (18) per
<br />cenfper annum and secured by Real E~M.!,e Mortgage to The First National Bank 0.. f Grand
<br />Island, Grand Island, Nebraska, ~aJe!f'its ~oc. #81-005992 & Ext, 1/83-000161
<br />in the Mortgage Records of . Ha 11 '___=~ County L- Nebraska . . . ... ,
<br />
<br />The undersigned agrees to pay such extended balance of principal of Four Hundred
<br />~ Ffft~ and HO/loo-----.--.-----.~--.-~--::~::~~:__($. 450,OOO~OO l, together
<br />with interest thereon at Thirteen liane-Half. per cent per annum, such principal and
<br />Interest to be payable in lawful~neyof the United States of America at The First Nat-
<br />ionalBank of Grand Island. G,-and Island. Neb,'aska.
<br />
<br />
<br />All. of the covenants ilnd agreements in such orrqinal note and the Real Estate Mortgage a-
<br />txNe-det>cribed, other than her'~,inbeh"'e modified, '111..11 be and rem.lin unchanged and in
<br />(uUforce and effect durin'] such ex tended pennd. I f default be made in payment of any
<br />principal sum. the entire pnncipal sum with inlen'st thereon. shall becornt:! immediately
<br />due and payable at thf;; (,Iection of the te<:;al holder thereof,
<br />
<br />In further consideration of such extencdon of tllne of payment of such indebtedness, I here-
<br />by ratify and confirm such mortgage q'Gonied ds.~~_!'~}.:QQ~!92 &. Elf.t. #83-000161
<br />in Real f:~tate Modqaqc !'ecords ,;r-- riall
<br />County.: ,_ -' Ne~-=-. .:~:=-~~--__-.__-_~---,.---.-~-,..-. ;'. the first mortgage lien. uPOb n
<br />the re<)l pro!)4!ny d1l>scrlr1'eQ HH!n'ln, imrl the whole of the title thereto as now owned y me.
<br />
<br />The undersigned ~j(ecutes \hi,. [:def1!i!Ot~ A9reement with ,'efenmn: to and on the faith and
<br />credit of their i:lr"IHiH't'(, which IIwy now own or have an interest in or hereafter may lIC"
<br />quire; the express intention being It} charge ilnd to contim;€! to charge any and al! of such
<br />property with l'!e payment of the Indebt(.'{lne"s, the payment of which is herein extended.
<br />
<br />IN WtTNESS WHEREOF, If\{; undersigned have hereunto set this hands this
<br />day of ~.~~~_L~
<br />
<br />31
<br />
<br />Pla;laJ~re. A Genera L!~::.~~:~~!.~_
<br />
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<br />. E. S tepl1en
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<br />Alvin Alms
<br />
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<br />. i. ..... .
<br />iVy; ..'~.. .... .. ... . ~~-l.-~'
<br />S .. . .
<br />
<br />All of The Partners
<br />
<br />$:TATE OF . ~l'Ihra~h
<br />
<br />l
<br />-~
<br />
<br />
<br />Hall ,__)
<br />
<br />:1{n,~IMtru~tw.$.cknowledge before rnt:! this. 31. day of May
<br />. .......... ...... . .... by Plau Square. A Gen€ill PartnerShiP on henan
<br />ns, Alvin AllllS andOon Huismann. Allot the partner$"-
<br />
<br />Ja...'i'l il/.c.....t :?;; ).. L...(~-i;:.{,l.4,' L'
<br />----'-.T~otary .~_._-----
<br />/
<br />
<br />i.._ ~fPTtOfj: lOtS 1.2. 3. and" IN SlOCK61 IN THE ORIGlrtAl TOWN. NOW CITY
<br />Of GAAfU) ISt.NtD. flN.J.. COtIHTY . NEBRASKA .
<br />
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