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<br />I
<br />83-006491
<br />
<br />EXTENSION AGREEMENT
<br />
<br />In consideration of the extension of the time of payment of the original promissory
<br />11....' Ri. h d Lno. ~... herei.na. ft~. K g,~CE~bt9,.p~Me.~nd~G.~ i~\l8d& W..!,' Ri chards & Susan C. Rithar:ds, Hus~n~>&
<br />f' c ar . Glrpeo"ter & r , n~l]~:t covenant and agree to pay to the Fl rst
<br />Gordon l.NAW~l~~llo~~rJrtdMfH~il,Il~~~~adIslanil: Nebraska, or order, the principal sum
<br />of Kinpty Tho"~ilnrl ilnd ~O/l 00-----------------------------------------------------
<br />($ QO,OOO 00 " together \'lith interest thereon at _ 13.5 percent
<br />per annum from the date hereof, such sum to be payable on, October 1. 1986
<br />Interest shall be payable at maturity on October .1J~_.
<br />
<br />The original principal note in the a~~unt of ~~Q and 00/100-------------
<br />---------------------------------------*$ 90,000.00 1 was executed and
<br />delivered by the undersigned under the date of.s.eJltember 24. 1980 ,to The First
<br />Natiooal Bank of Grand Island. Grand Island, Nebraska. and was due and payable on
<br />the 1st day of October, 1983 ,to,!ether \'lith interest at 13.5
<br />percent per annum and secured by Real Estate Mort,!age to the First National Bank
<br />of Grand Island, Grand Island, Nebraska. l'ecorded as ,. Document #80-006123
<br />i /l the Mortgage Recol'ds of ,_,__Ha 11-_, County,
<br />
<br />Nebraska
<br />
<br />The undersigned agrees to pay such extended baliln;:e of pr-incipal of Fi~ht-Six Tho"~ilnd
<br />,..QlliU:I.ypdred Forty-Two and 861100------:_:.:,=.::- b 8,6,JjJ-'.-1l.2, I' together
<br />with interest thereon at 13.5 percent pel' ,'lnnurn, such principal and
<br />interest to be payable in -lawful money of~the Linitpd States of ,I\merica at The First
<br />National Bank of Grand Island, Gl'and Island. Nehr"skil.
<br />
<br />AliaI' the covenants and agreen€nts in such 0l'i9inal note "nct the Real Estate Mortgage
<br />above described. other than her'einbefore modi fied. shall be and remain unchanged and
<br />in full force and effect dur'ing ,uch extended [Iet.iou, I f default be made in payrrent
<br />of any prinCipal surn, the entire fn~lncipal sum \-Jith inten~st thereon, shall becon~
<br />inlnediately due and payal,le at the eh.ction ot the leg,,1 holder thereof.
<br />
<br />In further consideration of
<br />i hereby rati fy and conTi rrn
<br />
<br />County, Nebraska
<br />described therein, and the
<br />
<br />such extension of t.ime uf payment of ::,UCfl indebtedness..
<br />such m{wtgage n'col'd"d oS ,_JlQJ:J.ll!Jeltt.Jt8Q,-:'o.Q.6l2.3__._
<br />in Real [stiJte ~.kH.t.9clge r~ecot~ds of _~__.HalJ_.____
<br />, as the fi rs t H'on:qdge 1 i en upon the rea 1 property
<br />whole of the title ther-eto as now clJuled by n'e
<br />
<br />The unders i gned executes thi s [xtens i on .'\gr-eernp'1t"i th reference to and on the
<br />faith and cr'€dit of tneit- propert.y~ \'lhich th€~y flOW own Dr have an interest In or
<br />hereafter may acquire; the eX.press intension beln~: to c.narge and to continue
<br />to charge any dnd all of such property ''lith the paym~nt of the indebtedness, the
<br />payrrent of which is herein extended,
<br />
<br />IN WITNESS WHEREOF. the undersi gned i'ldYl! hereunto "t't thei r hands this .,.._'!~j:_____
<br />day of__,~.J-,-t~ll,L,
<br />!
<br />
<br />
<br />~~.'<L,':\,.,>,_ C'. i~((l[, A,' "i 7
<br />.. "uS<;lj'c-.'RT~ll1fFltS:;:' ,-,-..",,-,-~,-,---.,
<br />f/ 'dA.-fJ,f it! (!:~ ~m' >
<br />
<br />~:,:. ~~n:t:_.~U~ ____,
<br />Rona ~~us
<br />
<br />51 ATE Of
<br />
<br />Nebras ka
<br />
<br />COUNTY OF Hall
<br />
<br />T~.~,.:()re9Qin9 instrument Vias acknowledaed befo,'e me
<br />''''o',....., /.,. ,___._., by
<br />
<br />th i s
<br />
<br />day of
<br />
<br />h
<br />
<br />
<br />
<br />NQtill'Y Pub 1 i c
<br />
<br />'11941
<br />
<br />..,~_5 q~a_~J..s.l~nd lndu~trl,al Foundation Subdivision
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