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<br /> ~ EXTENSION AGREEMENT FOR MORTGAGE
<br /> 1).. THIS Agreement is made as of this 3rd day of February, 2009, by and between FIVE POINTS BANK, whose ~
<br /> mailing address is P.O. Box 1507, Grand Island, Nebraska 68802-1507 (hereinafter "Lender"), the owner and holder of
<br /> the certain Promissory Note for $54,360.22 dated February 3, 2009, given by John S. Schulte and Dianne L. Schulte,
<br /> Husband and Wife, (hereinafter "Borrower") and secured by the certain Real Estate Mortgage of the certain real estate
<br /> therein described, situated, lying and being in Hall County, Nebraska, and more particularly described as follows, to-wit:
<br /> Lot One (1), Western Subdivision, Hall County, Nebraska.
<br />
<br />
<br />
<br />which said Real Estate Mortgage is dated the 6th day of March, 1996, wherein Five Points Bank is Mortgagee, and
<br />recorded in the Office of the Register of Deeds of Hall County, Nebraska, entered as Document #96-101785 on the
<br />1 ih day of March, 1996
<br />
<br />WITNESSETH, that said parties, for themselves and their heirs, executors, administrators and assigns, hereby
<br />mutually agree that the time for the payment of the principal and interest on said Promissory Note dated May 26, 2006,
<br />shall be as follows:
<br />
<br />A new Consumer Note #101218756, dated February 3, 2009, in the original principal amount of $54,360.22,
<br />with repayment as set out on said Consumer Note with a final payment of remaining principal and interest due January
<br />15,2012.
<br />
<br />The Borrower hereby further ratify and confirm all of the terms and conditions contained in the Real Estate
<br />Mortgage of Borrower to Lender dated March 6, 1996, as referred to above and said Borrowers will in all respects
<br />faithfully comply and perform all the covenants and promises in the aforesaid Real Estate Mortgage.
<br />
<br />It is expressly understood and agreed that the aforesaid Real Estate Mortgage shall remain in full force and
<br />effect in all respects and that nothing herein shall affect or impair any rights and powers which the Lender may have
<br />thereunder for the recovery of the said debts secured by said Real Estate Mortgage, with interest, in case of the non-
<br />fulfillment of this Agreement.
<br />
<br />And the said Borrowers hereby covenant that they will pay the said principal sum and interest as provided by
<br />the Promissory Note referred to above at the times therein specified and that they will perform and observe all of the
<br />covenants, agreements, stipulations and conditions on the part of the Borrowers contained in said Real Estate Mortgage
<br />in all respects.
<br />
<br />
<br />arties have hereunto set their hands and seals the day and year first above
<br />
<br />written.
<br />
<br />FIVE POINTS BANK, Lender,
<br />
<br />
<br />STATE OF NEBRASKA
<br />COUNTY OF HALL
<br />
<br />)
<br />) ~
<br />)
<br />
<br />. The foregoinginstrument-was ackR&WIeQged.~eme onEebruary 3+2Q09by Devra McElroy, 1-oan Officer
<br />of Five Points Bank, a Banking Corporation of the State of Nebraska, on behalf of said Five Points Bank.
<br />
<br />
<br />GENERAl NOTARY-State of Nebraska ~. .;1/. ~
<br />K. A. OOOSIO . .
<br />My Comm. Exp. May 1, ~ot ry Public
<br />
<br />
<br />STATE OF NEBRASKA
<br />
<br />COUNTY OF HALL
<br />
<br />) ~
<br />)
<br />
<br />The foregoing instrument was acknowledged before me on February 3, 2009 by John S. Schulte and Dianne L.
<br />Schulte, Husband and Wife.
<br />
<br />GENERAL NOTARY. State of Nebraska
<br />OEVRA McELROY
<br />My Comm. ~. Aug. 25, 2009
<br />
<br />I lL~ (t ~.~. ~L /~
<br />
<br />Notary Public
<br />
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