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<br />EXTENSION AGREEMENT 82""~jr)J`-It)~c <br />In consideration of the extension of the time of pa ment of the nriginal promissory note <br />hereinafter described, the undersigned, John Dhillon, Inc. <br />hereby covenant and a~lree to pay to TFre First <br />Natrona) Ban o Grand Island, Grand Island, Nebraska. or order, the principal sum of <br />Twe t - h sa ur Hundred and 001100---------^------------------------------- <br />26.400.00 together with interest thereon at Sixteen & One- a per cent per <br />annum from the date hereof, such sum to be payable on March 23,19$ Interest <br />shalt be payable at maturity on March 23, 1983 _ <br />The original principal note in the amount of Twenty-Six Thousand Four Hundred and <br />00/100------------------- « 26,400.00 ) was executed and delivered by <br />the undersigned under the date of_September 17, 1979 to The First Nationa{ <br />Bank of Grand island, Grand Island, Nebraska, and was due and payable on the 15th <br />day of March, 1980 iogetlrer with interest at Twelve (12.00) per <br />cent per annum and secured by Real Es aje Mortgage to The First National Bank of Grand <br />Island, Grand Island, Nebraska,:r~`as Doc. X79-006090 & Ext. 80-001116 & 81-005579 $ <br />in the Mortgage Records of Hall County. Nebraska 9lXipCXK~(, X80-005612 2 8?_-001598 <br />The undersigned agrees to pay such extended balance of principal of Twenty-Six Thousand <br />Four Hundred and NO/100----------------------------_!~_ 26,400.00 ), together <br />with interest thereon at sixteen & one-half per cent per annum, such principal and <br />interest to be payable in !awful money of the United States of F,merica at The First Nat- <br />ional Bank of Grand Island, Grand !stand, Nebraska, <br />,411 of the covenants and agreements in such original note and tl~e Real Estate Mortgage a- <br />bw~-described, other than hereinbefore modified, shat! be and remain unchanged and in <br />full force and effect during such extended period. I f default be rnade 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 tune of payment of such indebtedness, i here- <br />by ratify and confirm 82 00759$gage recorded as Doc.,-°79-006090 & Ext. X80-001116 & <br />81-005579 & 80-005612 & n Real Estate Mortgage records of Hall <br />County, Nebraska 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 />The undersigned executes this Extension Agreement with rcfer-encc to and on the faith and <br />credit of their property, which they now own or have an interest in or ?~ereafter pray ac- <br />quire; the express intention being to charge and to continue to charge any and alt of such <br />property with the payment of the indebtedness, the payment of which is herein extended. <br />IN WITNESS WHEREOF, the undersigned have hereunto set this hands this 24th <br />day of September, 1982 - <br />John Dhillon, I _ <br />~J~, , <br />BY: ~~r,ln <br />STATE OF Florida ) <br />1 <br />COUNTY OF Chazlotte <br />The foregoing instrument was acknowledge before me this 24th day of <br />Hovembez 19 82 by John K.S. Dhillon, rest en o -john Dhi-i1~7i; ` <br />Inc., Corporation, in be--hsTf-~o~the corpora_~on, -- <br />~, _, <br />. ~ \ <br />ti <br />My Cosnm~3s~v~t Ek>;ljr~s=_ `~- -__ <br />otary tsublic <br />tiolac~ F• State of Ftonaa_ Kathy A ~ J`toietz ~ <br />~ ~~~~ <br />Legal Oesct~'~pCidrri,toC 14, Block 1 in Brentwood Second Sub, Hall County, ebraska <br />