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<br />84...... 00478H
<br />
<br />~XTENSION AGREEMENT
<br />
<br />In consideration of the extension of the time of payment of the original promissory
<br />note hereinafter described, the undersigned, Barbara F. Whiting and LeRoy F.
<br />Whitin~. Wife fd Husband , hereby covenant and agree to pay to -,he First
<br />Nationa Bank 0 Grand Island now Norwest Bank Grand Island, National Association,
<br />or order, the principal sum of Stventy ThOUS~d and no/100----------------------
<br />($ 70,000.00** ), together wit interest t erean at 13 50 percentperannum
<br />from the date hereof, such sum to be payable on February 24, 1985 . Interest
<br />shall be payable at maturity on C',<,IWllilry 74, J<lR5
<br />
<br />The original principal note in the amount of Se ent Thousand and no 100------------
<br />---------------------------------H 70.000. 00** was execute an eiver
<br />by the undersigned under the date of February 24. 1984 ,to The First National"
<br />Bank of Grand Island, now Norwest Bank Grand Island, National Association, and was
<br />due and payablE on the 22nd day of Auqus t, 1984 ,together with" i nterestat
<br />13 00 percent per annum and secured by Real Estate Mortgage to The First National
<br />Bank of Grand Island now Norwest Bank Grand Island, National Associati~n. recorded
<br />as Document No, 84-001079 in the Mortgage Records of Hall County,
<br />Nebraska
<br />
<br />The undersigned agrees to pay such extended balance of j,rincipal of Stxty~seven lhousand
<br />and no/100-------------------------------~$ 67,000.00 * . together
<br />with interest thereon at. 13.50 percent per annum, such principal and interest
<br />to be payable in lawful money of the United States of America, at The First NatiOnal
<br />Bank of Grand Island now Norwest Bank Grand Island. "'itional Association.
<br />
<br />
<br />A 11 of the covenants and agree!!'..:nts i1 5uch ()~ ,,' na 1 note and the Real Estate Mortgage
<br />above described, other than hereinbefore modified, shall be and remain unchanged~nd
<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 No. 84-001079
<br />in Real Estate Mortg~geS of Hall
<br />County,"" Nf>tlr<'ska ,as' the first mortgage lien upon the real 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 A~Gust. 1984
<br />
<br />22nd day
<br />
<br />0~~"Lt~~'i:iL~~~:::t~e 27.",<<
<br />Bctrbdl"d F. Whiting .-/1
<br />"7' ",- - ,,4~_. '
<br />
<br />-;/</:-~l~!
<br />Le-Koy r ~."~firt4 nct /
<br />
<br />STATE OF _~ebra5ka______"__._.._
<br />
<br />
<br /><'-~~~,--J_'-------..-::....;:..~..:......_._.__..~_____.~.,__.___~_~________._~__._._"
<br />
<br />L
<br />
<br />Nota !'Y Pub 1 i c
<br />
<br />lega 1 Oeser; p t i on : _.__J.Ql,J..l.'l_.;?c'!.~?::J~':i_<l~I1I'tLt:.!:~.~l'QLl'i_?:'21L,_:;"_~L ~~'2li.rl.t:l'_L~~!::~~f.~<l.__
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<br />6/25/84
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