84003437 - Laserfiche WebLink

Browse

I ( 'I:; //,/ ,./,.. c.? ?- ( 84 - 003437 r RENEWAL PROMISSORY NOTE AND EXTENSION AGREEMENT IN CONSIDERATION of the extension of the time of payment of the original promissory note hereinafter described, the undersigned, Paul R. Bonney and Mildred L. Bonney, hereby covenant and agree to pay to Norwest Bank Grand Island, N.A., or order, the principal sum of Twenty-Three Thousand and 00/100 Dollars ($23,000.00), together with interest thereon at 15% per annum from the date hereof, such sum to be payable in eighty-four (84) equal installments of Four Hundred Forty-Three and 83/100 Dollars ($443.83) per month commencing on the ~~ day of J",{y , 1984, with a like sum being due and payable on the same day of each month thereafter until paid in full. This promissory note is an extension of the original principal note in the amount of Twenty-One Thousand and 00/100 Dollars ($21,000.00) which was executed on December 15, 1982, and again extended on November 7, 1983, in favor of The First National Bank of Grand Island, Grand Island, Nebraska, now Norwest Bank Grand Island, N.A.; said notes and extensionthereor were secured by real estate )rtgages recorded as Document;Nos. 82-005508 and 83-004997 reCOl _ .~d in the Mortgage Records of Hall County, Nebraska. This note shall continue to be secured by said mortgages as well as an additional mortgage on the following described property, to-wit: Lot Two (2), Bonney SubdiviSion, Hall County, Nebraska which shall be executed this date in favor of Norwest Bank Grand Island, N.A. All of the covenants and agreements in such original note and extension thereof. and the real estate mortgages above described shall remain unchanged and in full force and effect during such extended period. If default be made in payment of any principal sum, the entire principal sum with interest thereon, shall become immediately due and payable at the election of the legal holder hereof. The undersigned executes Chis Kenewal Promissory Note and Extension Agreement with reference to and on the faith and credit of their property, which they now own or have an interest in or hereafter may acquire; the express intention being to charge and to continue to charge any and all of such property with the pay- ment of the indebtedness, the payment of which is herein extended. IN WITNESS WHEREOF, the underSigned have hereunto set their hands this ~ day of .,.:;?",- , 1984. "'J / /'! !./ ; ,.'''[---)- ;.," '-~- PAUL R. BONNEY L , O,! , ,; MILDRED 1. BONNEY