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<br />CHAPMAN, MARTIN R. & LINDA C.
<br />
<br />83--{) 0 6255
<br />
<br />EXTENSION AGREEMENT
<br />
<br />r
<br />
<br />Inconsideration of the extens:ion of the time of payment of the original.ptom:i:ssory
<br />note hereinafter described, the undersigned, Martin R. Chapman and LindaC. .CI1<tl'n:mIl' .
<br />. , hereby covenant and agree to pay to The First Nat'ionaJ
<br />Bank of Grand Island, Grand Island, Nebraska, or order, the principal sum."f ~
<br />NINETEEN THOUSAND AND NO/IOO-----------__~______________~___________($ 19,000.90 L
<br />together with interest thereon at 14" per cent per annum from the date.heFebf,
<br />such sum to be payable on February 13, 1984 . Interest shall bepayableatmatutity
<br />on February 13, 1984
<br />
<br />The original principal note in the amount of TWENTY-FIVE THOUSAND AND'NO/IOO~':'----,-
<br />($ 25,000.00 ) was executed and delivered by the undersigned under~the date of
<br />December 13, 1982 ,to The First National Bank of Grand Island, Grand Island,'
<br />Nebraska, .und was dUB. and payable on the 13th Ud.y uf June, 1983' , r:ogetner-
<br />with interest at 15% per cent peranm;m and secured by Real Estate Mortgage
<br />to The First National Bank of Grand Island, Grand Island, Nebraska, recorded as
<br />Document 1/82-005297 and in the Mortgage Records of Hall County, NebraSka
<br />Document #83-003108
<br />The undersigned agrees to pay such extended balance of principal of NINETEEN THOUSAND
<br />AND NO/lOO DOLLARS----------($19,OOO.00 ), together with interest thereon at
<br />l4!.z% per cent per ann~m, 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 R~al Estate Mortgage
<br />above-described, other than hereinbefore modified, 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 of payment of such indebtedness,
<br />I hereby ratify and confirm such mortgage recorded as Document #82-005297 & #83-003108
<br />in Real Estate Mortgage records of Hall County, Nebraska , as
<br />the first mortgage lien upon the real property described therein, and the whole of
<br />the title thereto as now owned by me.
<br />
<br />The undersigned executes this Extension Agreement with referenr.e to and on the faith
<br />and credit of their property, which they now own or have an interest in or hereafter
<br />may acquire; the express intention being to charge and to continue to ~harge any and
<br />all of such property with the payment of the indebtedness, the payment of which is
<br />herein extended.
<br />
<br />IN WITNESS WHEREOF, the undersigned have hereunto set their hands this 14th day of
<br />November, 1983
<br />
<br />STATE OF NEBRASKA
<br />
<br />)
<br />)SS.
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<br />
<br />,
<br />Yn~- C~;> ,0 1L.
<br />;." ~,S\ '-' ~'VY\"l~
<br />~ (J (7 ~:~:"'_o
<br />
<br />n a . hapman
<br />
<br />COUNTY OF HALL
<br />
<br />On this 14th day of November, 1983 , before me, the undersigned.a Notary Public,
<br />in and far Hall County, personally came Martin R. Chapman and
<br />Linda C. Chapman personally known to me to be the identical persons whose names
<br />are affixed to the above and foregoing Extension Agreement as makers, and they
<br />acknowlAdged said instrument and the execution thereof to be their voluntary act and
<br />de~d. for the purpose therein expressed.
<br />
<br />IN TESTIMONY WHEREOF, I have hereunto
<br />Grand Island, Nebraska , on the day
<br />
<br />~~..II"'II_~
<br />. II<l9ENE K. PACl\ER
<br />..,~ tl!l. JIlf 1. .~.
<br />
<br />affixed my Iwnd and official seal at
<br />and Ye.~r last ~ written. ~- L/--
<br />
<br />~~ .. ~otary Public
<br />
<br />flECOROERS.loiEMO:.':'i'(
<br />(,';."';?l.-d:'v/1"',' /:
<br />
<br />lJ//'_dz:.:.;. 01 D<ed,
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