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<br />, ,~-"-,._"'---"--,~
<br />
<br />BONNEY, PAUL & MILDRED
<br />7/"" -,//,:,
<br />
<br />E^~ENSION AGREEMENT
<br />
<br />83- 006052
<br />
<br />In consideration of the extension of the time of paxment of the orifiinal ~romissory
<br />note hereinafter described, the undersigned, Paul R. Bonney and M dred . Bonney
<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 />TWENTY-ONE THOUSAND AND NO/lOO-------------------------------------- ($ 21,000.00 )
<br />together with interest thereon at ~--per-C;';;~t per annum from the date hereof, '
<br />such sum to be payable on__ May 7, 1984 Interest shall be payable at maturity
<br />on May 7, 1984
<br />
<br />The original principal note in the amount of TWENTY-ONE THOUSAND AND NO/IOO---------- ,
<br />($21,000.00 ) was executed and delivered by the undersigned under the date of
<br />December l~, 1982 , to The First National Bank of Grand Island, Grand Island,
<br />Nebraska, and was due and payable on the 13th day of June, 1983 , together
<br />with interest at_ l5 per cent perm:;m;;;; and secured by Real Estate Mortgage
<br />to The First National Bank of Grand Island, Grand Island, Nebraska, recorded as
<br />Document #82-005508 & Ext. of in the Mortgage Records of Hall County, Nebraska
<br />1183-004997 ---
<br />The undersigned agrees to pay such extended balance of principal of TWENTY-ONE THOUSAND
<br />AND NO/IOO-------------------($21,000.00 ), together with interest thereon at
<br />14;, per cent per ann.um, such principal and interest to be payable in lawful
<br />money of the United States of America at The First National Bank of Grand Island,
<br />Grand Island, Nebraska.
<br />
<br />All of the covenants and agreements in such original note and the Real Estate Mortgage
<br />above-described, other than hereinbefore modif ied, 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 become
<br />immediately due and payable at the election of the legal holder thereof.
<br />
<br />In further consideration of such extension of time ot payment of such indebtedness,
<br />I hereby ratify and conf irm such mortgage recorded as Document 1182-005508 & 1/83-004997
<br />in Real Estate ~10rtgage records of Hall co;:;-nty~m~-' , as
<br />the first ,nortgage lien upon the r~~f ?~roper-ty~d~-;~ribcd therein, and the whole of
<br />t.he title thereto as now owned by me.
<br />
<br />The undersigned executes ttlis Extensioll Agreement with reference to and On the faith
<br />and credit of their property, i4hich they now own or have .:in interest in or hereafter
<br />may acquire; the express intention heing to charge and to continue to charge any and
<br />all of such property with the payment of the indebtedness, tbe payment oE which is
<br />herein extended.
<br />
<br />IN \HTNESS WHEREOF, the undersigned have her-ymto set their hands this~__.__day of
<br />---,~ovember, 198~,_ __________ /
<br />
<br />.~/ ~-
<br />/:'::"':-----,~ ,-I ht2 < ___
<br />
<br />'-;;~;;~ "~~? /~--------paurr.- Bonney
<br />--L<~,L{J~/..~ ___",:0: ~~~m1(ffi(rL."-1l0nney-
<br />
<br />1.,,/
<br />
<br />STATE OF
<br />
<br />Nebraska
<br />
<br />)
<br />-----)55.
<br />COUNTY OF~___)
<br />
<br />On this 7th day of . November, 1983 ,before me, the undersigned a Notary Public,
<br />in and for-'HaTI--.Councy,-personallY came Paul R. Bonney and ~lildred L. Bonney
<br />.--.----...--.=personally known to me ~b-c--the-.id-eI:;ti-c:'11 per-;;nswhose-na-me;
<br />are affixed to the above and foregoing Extension Agreement as makers, and they
<br />acknowledged said instrument and the execution thereof to be their voluntary act and
<br />deed for the purpose therein expressed.
<br />
<br />IN TESTIMONY WHEREOF, r have hereunto affixed my !.and and
<br />_~an~!sl~,:~,_~eb~"_"I,:",_,,, on the day ar,J year last above
<br />
<br />-..--, -~-.,.,
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<br />
<br />
<br />~.~~~J,<:;~~,C~l~;<~-::f}~,:j~{/:J~'~.~~.~~va
<br />
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