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<br />84 - 003628 <br />EXTENSION AGREEMENT <br /> <br />r <br /> <br />In consideration of the extension of the time of payment of the original promissory <br />note herei nafter descri bed, the undersi gned, James C. Underwood and Roxi e Rae <br />Underwood. Husband and Wife , hereby covenant and agree to pay to The First <br />National Bank of Grand Island now Norwest Bank Grand Island, National Association, <br />or order, the principal sum ofFortv-two Thousand and no/100------------------------ <br />($42.000.00** ), together with interest thereon at 14.5 percent per annum <br />from the date hereof, such sum to be payable on December 14. 1984 Interest <br />shall be payable at maturity on December 14. 1984 <br /> <br />The ori gi na 1 pri nci pa 1 note in the amount of Fnrty_twn Thnll~~nri ~nri nn /1 n~_..________ <br />($42.000.00** ) was executed and elivered <br />by the undersigned under the date of December 21. 1983 ,to The First National <br />Bank of Grand Island, now Norwest Bank Grand Island, National Association, and was <br />due and payable on the 18th day of June. 1984 ,together with interest at <br />.._l~~percent per annum and secured by Real Estate Mortgage to The First National <br />Bank of Grand Island now Norwest Bank Grand Island, National Association, recorded <br />as Document No. 84-000015 in the Mortgage Records of Hall County, <br />Nebras ka <br /> <br />The undersigned agrees to pay such extended balance of principal of <br />Fortv-two thousand and no/100------------ ($ 42.000.00** , together <br />with interest thereon. at 14.5 percent per annum ,such pri nci pal and interest <br />to be payable in lawful money of the United States of American at The First National <br />Bank of Grand Island now Norwest Bank Grand Island, National Association. <br /> <br />All of the covenants and agreements in such ori gi' 1 note and the Real Estate Mortgage <br />above described, other than hereinbeforl'- "odified, shall be and remain unchanged and. <br />in full force and effect during such exte..ded period. If default be made in payment <br />of any principal sum, the entire principal sum with interest thereon, shall become <br />immedi ate 1y due and payab.: '" at the e 1 ecti on of the 1 ega 1 holder thereof. <br /> <br />In further consideration of such extension of time of payment of such indebtedness, <br />I hereby ratify and confi rm such mortgage recorded as. Document No. 84-000015 <br />in Rea 1 Estate Mortg~ges of Ha 11 <br />County', Nebraska , as' the fi rst mortgage 1 i en upon the rea 1 property <br />described therein, and the whole of 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 intention being to charge and to continue to charge 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 />of June, 1984 <br /> <br />18th day <br /> <br /> <br />~~r- <br /> <br />, . " ,/ <br />" -~..__....-f'~,A ',,_ - ~ '<-., r <:c~> <br />~- Roxie "Rae <br /> <br />COUNTY OF <br /> <br />11 I i <br />U/LjL6.-l'vf4t/ <br />AJ~~. <br />~ ---- <br /> <br />STATE OF <br /> <br />The foregoing instrument was acknowledged before me this <br />June ,19~, by James C. UnderwolliLand <br /> <br /> <br />L <br /> <br />Legal Description: <br /> <br />Lot Twenty-two in Capj.tilLHei ghtc, <;pvpnth )t1hrli ~;sion, <br /> <br />Ha 11 Co unt v ~_a.SJ..iL_._.____ ____._..____._._._.._.._.____....__......_.._._____....._.____.__..___ <br /> <br />6/25/84 <br />