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l I A 83~o06188 EHENS I.ON AGREEMENT 10 consideration of the extension of the time of payment of the origioal promissory note hereinafter described, the undersigned, Robert E. Schroer aod JeaooeM.;-, Schroer. Husbaod aodWife . ' hereby covenant and agree to pay to the First Na,tiooal BanI< of Grand Island, Grand Island, Nebraska, or order, the principal'sum of Twenty Five Thousandaod. N0I100---~_n-__------n---u------------7----------c;,-... ($ 25.000.00.. .....), together with interest thereon at Fourteen . percent perannom from the date hereof, such sum to be payable on ~4.l984 Interest shall be payable at maturity on ~~1984 The original principal note in the amount of Twenty Five Thousahdaod NOllOO--- nn___n__________n__n____________ ($ 25.000,0~ ) was executedand~ delivered by the undersigned under the date of ._May 9, 1983 , to The First National Bank of Grand Island, Grand Island, Nebraska, and was due and payable> on the '7th day of ~~, together with interest at 13.75 percent per annum and secured by Real Estate Mortgage to the First National Bank of Grand Island, Grand Island, Nebraska, recorded as. Document Number 83~002300 . in the Mortgage Records of . Ha 11 Couoty, Nebraska The undersigned agrees to pay such extended balance of principal of Tweoty Five Thousaod aod NO/100---------------------- ($ 25,000.00 ), together with interest thereon at Fourteen (14.00) percent per annum, such priocipal and interest to be payable in lawful money of the United States of America at The First National Bank of Grand Islaod, Grand Island, Nebr'aska. All of the covenants and agreements in such original note and the Real Estate Mortgage above described, other than hereinbefore modified, shall be and remain unchanged and in full force and effect during such extended period. If default be made in paymeot of any principal sum, the entire pr-incipal sum with interest thereon, shall become immediately due and payable at the election of the legal holder thereof. In further coosideration of such extension of time of payment of such indebtedness, I hereby ratify and confi rm such mortgage recorded as Document Number 83-002300 in Real Estate Mortgage'records of Hall County, Nebraska -, as the first mortgage lien upon the real property described therein, and the whole of the title thereto as now owned by me. The undersigned executes this Extension Agreement with reference to and on the faith and credit of thei r property, which they nO\-I own or have an interest in or hereafter may acquire; the expl-esS intension being to charge and to continue to charge any and all of such property wi th the payment of the indebtedness, the payment of which is herein extended. IN WITNESS WHEREOF, the undersigned have hereunto set their hands this 7th day of November, 1983 k'<7(.eM--v Robert E. Schroer (~.<~ \'L\ ~;0'-<A)--I:.V Jeann . Schroer . STATE OF Nebraska COUNTY OF Ha 11 ThEjfQre9Qing instrument was acknowledged before me tlli s I ~ . day of NOVember , 19~, by ._..~ber!.i.:_~c..h.!:<!.l!.~_:aJ1i~Ie~~.'l!T.SCh!oe~!_._ Husbarldaod Wife Ny, 'COIl1llissiQfI Expires: /:2 . A,/ --) ~ 'P.&~_.~.___..___._.. Notary"?db1 i~ legal lHtscriptlon: ._.~~__.!.h.i.t:Y Ni.!'!.J~~L!~_~~st]: Estates Su~~.i.~.i~~~~_,.. ..~!'..!!~l_.Cotp~~__~.~~~:~~.