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<br />79- ~~,4F48
<br />EXTENSION AGREEMENT
<br />Zn consideration of the extension of the time of payment of the original promissory
<br />note hereinafter described, [he undersigned, James M. Bennett and
<br />Sharon A. Kennett hereby covenant and agree to pay to The First National
<br />Bank of Grand Island, Grand Island, Nebraska, or order, the principal sum of
<br />NINETEEN THOUSAND FOUR HUNDRED SIKTY-FIVE AND NO/100 DOLLARS------- ($ 19,465.OU )
<br />together with interest thereon at 11~ ___per cent per annum from the date hereof,
<br />such sum to be payable en October y-I~T9 Interest shall be payable at maturity
<br />on October 4, 1979
<br />The original principal note in the amount of NINETEEN THOUSAND FOllR HL~IDRED SLl'TY-FIVE
<br />($ 19,465.OG ) was executed and delivered by the undersigned under the date of
<br />November 10, 1478 to The First National Bank of Grand Island, Grand Island,
<br />Nebraska, and was due and payable on the 6th day oT .Tul.v, 1979 together
<br />with interest at 11/, per cent per annum and secured by Real Estate Mortgage
<br />to The First National Bank of Grand Island, Grand Island, Nebraska, recorded as
<br />Document ;~78-007516 in the Mortgage Records of Hall Gounty,Nebraska
<br />The undersigned agrees to pay such extazded balance of principal of NINETEEN THOUSAND
<br />FOUR HUNDRED SI%TY-FIVE------ ($ 19,465.00), together with interest thereon at
<br />11~ ~,er cent per annum, such principal and interest to be payable in lawful
<br />money of the United Slates of America a[ The First National Bank of Grand Island,
<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 such 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 pa~:able at the election of the legal holder thereof.
<br />In further considerat-ion of such extension of time of pu went of such indebtedness,
<br />I hereby ratify and confirm =uch mortgage recorded as Document ~=78-00751b
<br />in Real Estate Mortgage retards of Hall County, -'e ras-a as
<br />the first mortgage lien upon tiro real property described therein, and the whole of
<br />the eitle thereto as now owned by me.
<br />The undersigned executes this Extension Agreement vith reference to and on the faith
<br />and credit of their property, which they now own or have an interest in or hereafter
<br />may acquire; the express intention being to charge and to contin•+e 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 YiITI:ESS SdH£REOF, the undersigned have hereunto set this hands this 6th day of
<br />July, 1979
<br />.r a s ~-
<br />~----' ~~f'cZ '-C"-~" -%.C-7'~.
<br />STAT£ OF Nebraska )
<br />'SS.
<br />CuU?~TY OF Hall
<br />On this 6th day of July, 1979 before me, the undersigned a Notary Public,
<br />in and for Hall County, persanai'y came Ja-'es `i. Bennett and ,baron A: Bennett
<br />personally knownlto me to be the identical persons whose names
<br />aze 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 />dee3 foz the purpose therein expressed.
<br />IAi TESTIl1 'OF, I have hereunto affixed my nand and cfficial sQal at Grand Island,
<br />lebra $q , an the day and year 78st_above wrictep. /:'
<br />p~ ~NEki ~~
<br />
<br />N0T11RY
<br />~ Q~~,~~ N ~ ~' /~ .~ ~ ~~~-~-~.~~~.~P _r~~--
<br />"'
<br />Notary Public
<br /> ", . ~~
<br />~ y
<br /> Reg. of Deetls
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