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79001127
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1/12/2010 7:43:06 PM
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1/12/2010 7:43:03 PM
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DEEDS
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79001127
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<br />E%TENSION AGREEMENT <br />In consideration of the extension of the time of payment of the original promissory <br />ante hereinafter described, the undersigned, Gary R. Graham and Margaret A. Graham <br />hereby covenant and agree to pay to The First Nationals <br />Sank of Grand Island, Grand Island, Nebraska, or order, the principal sum of <br />THIRTY THO[75AND FIVE HUNDRED A~'tiTD NO/100---------- ------_($ 30,500.00 <br />together with interest thereon at~~l~v _ per cant per annum from the date herenf>~ <br />such sum to be payable on June 2 196 79 -- Interest shall be payable at maturity <br />on June 26, 1979 <br />The original principal note in the amount of FORTY_FIVE THOUSAND AND NO/100 DOLLARS <br />$45,000.00 ) was executed and delivered by the undersigned under the date of <br />August 8 , to The First National Hank of Grand Island, Grand lsland, <br />Nebraska, and was due and payable on the 26 day of Fehntarv, 1974 , together <br />with interest at 10'zf per cent per annum and secured by Real Estate Mortgage <br />to The First National Bank of Grand Island, Grand Zsland, Nebraska, recorded as <br />Document f178-005782 in the iortgage Records of Hall <br />County, Nebraska <br />The undersigned agrees to pay such extended balance of principal of THIRTY THOUSAND <br />FIVE HUNDRED AND NO/100------030,500.00 ), together with interest thereon at <br />per cent per annum, such principal and interest to be <br />money of the United States of America at The First National Bank of Grandblsland,~aviful <br />Grand Island, Nebraska. <br />All of the covenants and agreements in such original note and the Real. Estate Mortgage <br />above-described, other than hereinbefore modified, shall be and remain unchanged and <br />in full force and effect during ;uch extended period. If default be made in payment <br />of any principal sum, the entire principal sum with interest thereon, shall become <br />immediately due and payable at the election of Che legal holder thereof. <br />In further consideration of such extension of time rf payment of such indebtedness, <br />Z hereby ratify and confirm such mortgage recorded as Document i`7$-0057$2 <br />in ~?ea1 Estate 'fortgage records of hall Coun__ry, Nehrasla <br />the first mortgage lien upon the real property described therein, and the whole of as <br />Che title thereto as now owned by me. <br />The undersigned executes this c'.xtension Agreement with reference to and on the faith <br />and credit of their property, which they sow own or have an interest. in or hereafter <br />may aequire; the express intention being to charge and to con[inue to charge any and <br />all of such property with the payment of the indebtedness, the payment of which is <br />herein extended. <br />IN WITNESS WHEREOF, the undersigned have hereunto set this hands this 2bth <br />February, 1979 day of <br />1 3-~a`~rv ~. ra am <br />STATE OF NEBRASKA ~ ~ Kfargaret Urafiam <br />)SS. <br />COUNTY OF H.9LL ~ <br />On this 26th day of February, 1979 before me, the undersi ned a Notar Public, <br />in and .for Hall - g Y <br />County, personally came vary R. Graham and tiargaret A. Graham <br />personally known to me to be the identica3 persons whose uamea <br />are affixed to the above and foregoing Extension Agreement as makers., and they <br />acknowledged said instrument and the execution thereof to be their voluntary act and <br />deed-for the purpose therein expressed. <br />>' OF, I have hereunto affixed my hand and official seal at Grand Island, <br />on the dap and year ast shove w t <br />Q~~ E ~~C ~ <br />r~orru~r ~{ _ 1 <br />CoMMISS1tTN Nota <br />E)Xi'iRES i ~ - - ry Publi£ <br />~? ~ f <br />~~; <br />ezECiJRIIERS ~+1cM190~ ~ n`~~ f r / - ~' { <br />f.'~- _ <br />Reg. o~ Deeds <br />
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