<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 />
|