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<br />79~-+Ut)~9`~ 3
<br />N0. EXTENSION AGREEMENT
<br />Duel- July 16, 1979 $_34,OD0.00
<br />In consideration of the extension of the time of payment of the original promissory
<br />note hereinafter described, the undersigned, Jim D. Narber and Donna R. Narber, and
<br />Rex E. Carpenter and Jonadyne A. Carpenter, hereby covenant and agree to pay to The
<br />First National Bank of Grand Tsland, Grand Island, Grand Island, Nebraska, or order,
<br />the principal sum of THIRTY-FOUR THOUSAND AND NO/100 DOLLARS ($34,000.00), together
<br />with interest thereon at Eleven Per Cent (11%) per annum from the date hereof, such
<br />s•,nn ~o be payable 91 days from data. Interest payable at maturity.
<br />The original principal note in the amount of Thirty-Four Thousand and no/100 Dollars
<br />;$34,000.00), was executed and delivered by the undersigned under the date of
<br />~. December 15, 1977, to The First National Bank of Grand Island, Grand Island, Nebraska,
<br />and -was due and payable on the 15th day of December, 1978, together with interest at
<br />4~ per annum and secured by Real Estate Mortgage to The First National Bank of Grand
<br />Island, Grand Island, Nebraska, recorded under Document #178-000813 of the Mortgage
<br />Records of Hall County, Nebraska.
<br />The undersigned agree to pay such extended balance of principal of Thirty-Four
<br />Thousand and no/200 Dollars, together with interest thereon at Eleven Per Cent (11%)
<br />per annum, such principal and interest to be payable in lawful money of the united
<br />Staees of America at The First. National Bank of Grand Island, C>rand Island, Nebraska.
<br />All of the covenants snd agreements in such original note and the Real Estate Mortgage
<br />above-described, other than hereinbefore modified, shall he and remain unchanged and
<br />in full force and effect during such extended period. If default be made in payment
<br />of nay yearly installment hereunder, ur any part thereof, the whole principal sum,
<br />with interest thereon, shall iffiediately become due and payable at the election cf
<br />the legal holder thereof.
<br />In further consideration of such extension of time of payment of such indebtedness,
<br />I hereby ratify and confirm such mortgage recorded under Document #78-000813 of the
<br />Real Estate Mortgage records of Ha11 County, Nebraska, as the first mortgage lien
<br />upon the real property described therein, and the whale of the title thereto as now
<br />owned by me.
<br />The undersigned executes this Extension Agreement with reference to and on the faith
<br />and credit of their property, which they now own or have an interest in or hereafter
<br />nay acquire; the express intention being to charge and to continue to charge any and
<br />all of such property with the payment of the indebtedness, the payrsent of which is
<br />herein extended.
<br />li 1IITNESS WHEREOF, the undersigned have hereunto set their hands this 16th day of
<br />April, 1979. ~~ ~/1
<br />Jim D. Narber
<br />~~° ~- Donna A. Narber
<br />Rex E. Carpenter
<br />Jonadyne A. Carpenter
<br />STATE OP NEBRASKA ) ~-
<br />)ss.
<br />~ t7E }EAI.L )
<br />~a ihia~~ day of f Y~~ / 1979, before, me, the undersigned, a
<br />Botarq public, in and far Ball County, Nebraska, personally came Jim D. Narber,
<br />1fo~naa ik. Barber, Sex E Carpenter sad Jonadyne A. Carpenter, personally known to me
<br />to he t1~ ldeatical geraons whale names are affixed to the above and foregoing
<br />Ezteasion Agreement as makers, and acknowledged said instrument and the execution
<br />thereof to he their valantary act and deed for the pur,n expressed.
<br />IFr TESTIl~10'dY WMERSOF, I have hereunto affixed m~ la~ti~av~l at (:rand
<br />3.s1$aa, Nebraska, on the d~y and year last abov y i
<br />I
<br />My comaiasion expires~Al~~
<br />NOTARY PL'R1^TC
<br />OF
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