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E. DEAN WOLFE and JUDITH A. WOLFE
<br />„r- .. _
<br />7'g,.~ ~ ~~~ t~ ~ $ EXTENSION AGREEMENT
<br />S 27,000.00
<br />In consideration of the extension of the time of payment of the original promissory
<br />note hereinafter described, the undersigned, E. Dean Wolfe and Judith A. Wolfe,
<br />Husband and Wife, each in his and her own right and as spouse of the other, hereby
<br />covenant and agree to pay to The First National Bank of Grand Island, Grand Island,
<br />Nebraska, or order, the principal sum of TWENTY-SEVEN THOUSAND AND NO/Z00 DOLLARS
<br />($27,000.00), together with interest thereon at Eleven Per Cent (11%) per annum
<br />from the date hereof, such sum to be payable on the 14th day of June, 1980.
<br />Interest shall be payable semi-annually on the 14th day of December, 1979, and the
<br />14th day of June, 1980.
<br />' The original principal note in the amount of Thirty Thousand and no/I00 Dollars
<br />($30,000.00), was executed and delivered by the undersigned under the date of
<br />June 17, 1977, to The First National Bank of Grand Island, Grand Island, Nebraska,
<br />and was due and payable on the 14th dap of December, 1477, together with interest
<br />at 9% per annum and secured by a Real Estate Mortgage to The First National Bank
<br />of Grand Island, Grand Island, Nebraska, recorded as Document If77-603373 on
<br />June 21, 1977, in the Mortgage Records of Hall County, Nebraska.
<br />The undersigned agree to pay such extended balance of principal of Twenty-Seven
<br />Thousand and no/100 Dollars ($27,000.00), together with interest thereon at Eleven
<br />Per Cent (li%) per annum, such principal and interest to be payable in lawful money
<br />of the United States of America at The First National Bank of Grand Island, Grand
<br />Island, Nebraska.
<br />A11 of the covenants and agreements in such original note and the Real Estate
<br />Mortgage above-described, other than hereinbefore modified, shall be and remain
<br />unchanged and in full force and effect during such extended period. If default
<br />be made in payment of any yearly installment hereunder, or any part thereof,
<br />the whole principal sum with interest thereon, shall immediately become due and
<br />payable at the election of the legal holder thereof.
<br />In further consideration of such extension of time of payment of such.,,indebtedness,
<br />we hereby ratify and confirm such mortgage recorded as Document i~77-003373 in the
<br />real estate mortgage records of Hall County, Nebraska, a mortgage lien upon the
<br />real property described therein and the whole of the title thereto as now owned
<br />by us.
<br />The undersigned executes this Extension Agreement with reference to and on the
<br />faith and credit of their property, which they now own or have an interest in
<br />or hereafter may acquire; the express intention being to charge and tc continue
<br />to charge any and all of such property with the payment of the indebtedness, the
<br />payment of which is herein extended.
<br />IN WITNESS WHEREOF, the undersigned have hereunto set their hands this 14th day
<br />of June, 1979.
<br />E. Dean Wolfe
<br />d_ _ ~, sty G_' !~J ~}.tl.~
<br />-7 Judith A. Wolfe
<br />STATE OF NEBRASKA }
<br />} SS.
<br />COUNTY OF HALL )
<br />On this 14th dap of June, 1974, before me, the undersigned a Notary Public,
<br />in and for Hall County, Nebraska, personally came E. Dean Wolfe and Judith A.
<br />Wolfe, personally known to me to be the identical persons whose names are affixed
<br />to the above and foregoing Extension Agreement as makers, and acknowledged said
<br />iast*+~+t and execution thereof to be their voluntary act and deed for the purpose
<br />therein expresst~d.
<br />IN TESTIM(?NY WHERE~I3F, I have hereunto set my hand and official seal at
<br />Graced Island, Nebraska, oa the day and year last abo writte/n.~
<br />~C~Y~-^ CJ rl~'1 C.~J
<br />Notary Public
<br />My commission expires~~,n'~/~ ~ qt'/ ! ,;,.
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