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<br />EXTENSION AGREEMENT
<br />
<br />83- 004997
<br />
<br />In consideration of the extension of the time of payment of the original promissory
<br />note hereinafter described, the undersigned, Paul R. Bonney and Mildred L. Bonnev ,
<br />, hereby covenant and agree to pay to The First National
<br />Bank of Grand Island, Grand Island, Nebraska, or order, the principal sum of
<br />1'WF.IITY-OliE THOUSAND AND NO/IOQ----------------------______________ ($ 21,000.00 ),
<br />together with interest thereon at 14 ---yer cent per annum from the date hereof,
<br />such sum to be payable on November 7, 1983 Interest shall be payable at maturity
<br />;1 ,November 7, 1983
<br />
<br />rhe'lfiginal principal !lote in the amount of TWENTY-ONE THOUSAND AND NO/IOO-----------,
<br />($_2.L..D.OQ..D!L.J was executed and delivered by the undersigned under the date of
<br />Decemhel;' l~. 1982 ,to The First National Bank of Grand Island, Grand Island,
<br />Nebraska, and was due and payable on the~Q_day of June, 1983. , together
<br />with interest at__l..'i_.__-J"er cent per annum and secured by Real Estate Mortgage
<br />to The First National Bank of Grand Island, Grand Island, Nebraska, recorded as
<br />n,,('nm~;>nt ilR7-005<;0iL___.__,_._in the Mortgage Records of Hall County,~~.
<br />
<br />The undersigned agrees to pav such extended balance of principal of'l'lJR1\1'l'V_nMF TIlOIl"<A1Jll
<br />A!\'D NO/lOO-----------------($2I,OOO.OO), together with interest thereon at
<br />._~-- per cent p-;;r ann';';", such prl.ncipal and interest to be payable in lawful
<br />money of the Eni.ted States of America at The First :;ational Bank of Grand IslandJ
<br />Grand Island, Nebraska.
<br />
<br />All of the covenants and agreements in tiuch origL-,ai note and the Real Estate Hortgage
<br />above-described, other than hereinbefore modifiedJ shall be and remain unchanged and
<br />in full force Jnd effect during such -f~x:tended pertod. If default be made in payment
<br />of any principal SUtilt the ent.ire princf.pal sum with interest thereon, shull be.come
<br />immediately due and payable .at the (~lect ion at the legal holder thereof.
<br />
<br />1.n further consideration vf such extension of time Df payment of such indebtedness,
<br />I hereby ratify and coni i nu such rr.ortgage :recorded as Document ti82-oo5S0a
<br />in Real Estate ~ortgage: records of. naIl. Co-~~ty) Nebraska ) as
<br />the f1rst 1:lortgage 1 i~!l upon th(~ r~;;1-1-p;;,.r~;;,:r:y-;i-;;~~ri.bed thert!in:~and the whole of
<br />the title thereto .:..is nu\{ owaed by !~le.
<br />
<br />The undersigned executes this Extension A~reemcllt with referenl.'0 to and On the faith
<br />and credit of their -property, whtt:.:h th~y now u-wn or have .an In.terest in or hereafter
<br />may ~1cquire; the expres:-; intention b~lng to ch.ar~e dn,J to continue to c.harge any und
<br />all of such property with t~le payment of tile indebtedness. tIle payment of which is
<br />herein extended.
<br />
<br />IN wITNESS ;.tHEREOF l the u!l(.ler::iigHt:J have hereUJ.l,t;:-c'ibl':t t ht~j r handS thi.s__~~~_____day of
<br />_September. 19~'__._._'n'
<br />
<br />
<br />Paul R. Bonney
<br />
<br />)
<br />-'-)55 .
<br />COUNTY OF .Jkl1-_._._)
<br />
<br />STATE Of _Nllbnska
<br />
<br />
<br />L. Bonney
<br />
<br />On this 8th _day of____,~eptem~~E__~,..___~ before me, to.! undersigned a Notary Pub.lie.
<br />in and fOr_,_HAll . ___County, pe"Sonally cameJaul-E,'--~a1l4J:lJl.~.J~nnU-
<br />__....__.____."___"_~_.__ye.rsQnally knovn to me tu be the iuent ieal p(,!rsons -whol:ic names
<br />are affixed to the above and fore-going Extension Agrei;!:ment a8 makers, and they
<br />acknowledged said j,nstrume..nt and the execution thereof to he their voluntary ac t and
<br />de~d .for the purpos.e ther~in expressed"
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<br />l!I TESTIMONY wHEREOf, I have hereunto af t1x"d
<br />~Isl4n<l.~br"'llka__,__, 0<1 the. day and year last
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