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r <br />••++ ~~J4S~~ EXTENSION AGREEMENT ' <br />In consideration of the extension of the time of payment of the original pramissoi-y note-. <br />hereinafter described, the undersigned, Mark D. Hemmingsen and Sharon A.HemrningSen; . <br />Husband and Wife hrre6y covenant and agree to pay to Tfie First' <br />tonal Ban o Gran clan ,Grand Island, Nebraska, or order, the principal sum of <br />Sixty-Four Thousand and No/100-----------------------------°----------------------- <br />(~ ~ Lpgpt00 }, together with interest thereon at 15,50 per cent. per-; <br />annum from the date hereof, sucfi sum to be payable on April 25. 19$3 Interest <br />-shat{ be payable at maturity on April- 25.'1483 <br />The original principal note 'sn the amount of Sixt~Four Thousand and NOL"00-----:--- <br />______________________ tS 64.000.00 )was executed and de+`T-iivercx~Fy <br />the undersigned under the date of October 28, 1981 to The First Nationai> <br />Bank of Grand island, -Grand Island," Nebraska, and was due and payable on the- 26th`' <br />day of_9pri 1 , 1982 together with interest at }8.50 --,_--__per <br />cent per annum an secured by ~lr~te Mortgage to The First Nattomal Bank a Grand <br />Island, Grand tsland, Nebraska; as Doc. #81-005462 & Ext. 82-001699 <br />in the Mortgage Records of Hall County, Nebraska' <br />The undersigned agrees to pay such extended balance of principal of Sixty-Four <br />Thou~a~td and NO/100---------------------------------=t5_ 64.000.00 ), together <br />with interest thereon at 15.50 -per cent per annum, such principal and <br />interest to be payable in lawful money of the United States of America at The First Nat- <br />Iona! Bank of-Grand tsland, Grand tsland, Nebraska. <br />AIE of the covenants and agreements in such original note and the Reat Estate Mortgage a- <br />bove-described, other than hereinbefore modified, shall be and remain unchanged and in <br />fink force. and effect during such extended period. I f default be made in payment of any <br />principal sum, the entire principal sum with interest thereon shall become immediately <br />due and payable at the election of the legal holder thereof. <br />In further consideration of such extension of time of payment of such indebtedness, I here- <br />by ratify and confirm such mortgage recorded as Doc. #81-005462 & Ext. 82-001699 <br />in Real Estate lvlortyage records of Hd <br />County, a ras a - as the first mortgage-lien upon <br />the real property described- therein, and the whole of the title thereto as now owned by me. <br />T!ie undersigned executes this Extension Ayreement with reference to and on the faith and <br />credit of their property, which they now own ar have an interest in ar hereafter may ac- <br />quire; the express intention being to charge and to continue to charge any and atl of such <br />praperty with i~~e payment of the indebtedness, .the payment of which is herein extended. <br />IN WITNESS WHEREOF, the undersigned have hereunto set this Hands this 25th <br />day of October 1982 <br />(--'llcf,~r~ l`~~~Yx,,n<,~,<,F~,,, _ ~==~~-tt.~i~ a /(~ .~-~rj-u,r-~~-~,~~_ <br />Mark D. Hemmingsen t' Sharon A. Hemningsen <br />STATE OF Nebraska <br />G4_UNTy Ol=", Hall <br />-The foregoing. instrument was acknowledge before me this 25th da of <br />Qctober l4 82 by Mark D. Nemmingsen an aron emming'sETra - <br />us de .: ar; ~ e <br />,~~~~ ,.t <br />~ =' r -sit ~. r,,/ >> <br />My Cixrueiss-ion Ex~ir$sti's=`~~/ ~`_ otary u is <br />.? <br />'''~~ //.'~` S // <br />~~'I ,.F <br />r St <br />Legal cQesox~iption': Lo~t~l~ffrlr4~9} Ross Heights Second"Subdivision, Hall County. Nebraska <br />