<br />ANDERSON, NORMAN E. & SONYA M.
<br />
<br />EXTENSION AGREEMEN'!.
<br />
<br />83- 006281
<br />
<br />
<br />In consideration of the extension of the time of payment of the original promissory
<br />note hereinafter described, the undersigned, Norman E. Anderqon and ~ SonyaM..AndeJ:'son,
<br />_, hereby covenant and agree to pay tr. The. First National.
<br />Bank of Grand Island, Grand Island, Nebraska, or order, the principal sumof~
<br />THIRTY-THREE THOUSAND TWO HUNDRED SEVENTY-SEVEN AND 98/l00-------~-- ($ 33,277.98 L
<br />together with interest thereon at 14% per cent per annum from the date hereof,
<br />such sum to be payable on May 18, 1984 Interest shall be payable at maturity
<br />on May 18, 1984
<br />
<br />The original principal note in the amount of FORTY THOUSAND NINE HUNDRED SEVENTEEN
<br />($_40,917.53 ) was executed and delivered by the undersigned under' the date of
<br />.December 15, 1982, to The Firs t 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 l4~ per cent per annum and secured by Real Estate,Mortg'lge
<br />to The First National Bank of Grand Island, Grand Island, Nebraska, recorded as
<br />Document #82-005390 in the Mortgage Records of Hall County, N9braska
<br />
<br />&53/
<br />'ioo
<br />
<br />
<br />The undersigned agrees to pay such extended balance of principal of THIRTY-THREE THOUSAND
<br />TWO HUNDRED SEVENTY-SEVEN & 98($33,277.98 ), together with interest thereon at
<br />------14% per cent per annum, 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 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 #82-005390 & ext. #83-002621
<br />in Real Estate Mortgale 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 reference 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 inteneion being to charge and to continue to c.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
<br />November, 1983
<br />
<br />21st
<br />
<br />day of
<br />
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<br />Norman
<br />
<br />.1::;. i\naerson
<br />
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<br />
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<br />
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<br />(~ .L._._, O"--^'~'.son:i;' ~1. Anaerson
<br />
<br />STATE OF NEBRASKA )
<br />)SS.
<br />COUNTY OF HALL )
<br />
<br />On this 2ist day of November, 1983 , before me, the undersigned a Notary Public,
<br />in and for Hall CfJunty, personally came Norman E. Anderson and
<br />Sonya M. Anderson 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 />a~~nowledged said instrument and the execution thereof to be their voluntary act and
<br />deed for the purpose therein expressed.
<br />
<br />Purpose: Renewal of Note /1216513,
<br />less $2,639.55 reduction.
<br />
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<br />
<br />IN TESTIMONY WliEREOF, I have hereunto affixed my "and an~ official
<br />GrandIsland, Nab,:"~, on the day and year last ab'rve written.
<br />
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<br />Rea. of Deerls
<br />
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