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<br />F.:{TENSION AC:ttl:EMI:tJT' <br />In consideration of the extension o£ the time of pa;ment oC the original promissory <br />note hereinafter described, the undersigned,_ Gary R. Graham and Marxaret A. Graham , <br />_ __, hereby covenant and agree to pay to The First National <br />Bank of Gzand Island, Grand Island, Nebraska, or order, the principal sum of <br />THIRTY-FIVE THOUSAND FIVE HUNDRED AND NO 100---------- _ <br />L..--------_-~ ------ ($ 35.500.00 ). <br />together with interest thereon at _ Ilr~_ per cent per annum from the date hereof, <br />such sum to be ~ppayable on-_-February 25,__1980. Interest shall be payable at maturity <br />on February 25, 1980 -- -- --- , <br />The original principal note in the amount of FORTY-FIVE THOUSAND AND NO/100 DOLLARS , <br />($_45,000.00 ) was executed and delivered by [he undersigned under the date of <br />August 28, 1978 to The First National Bank of Grand Island, Grand Island, <br />Nebraska, and was due and payable on the 26th _ciay of F_ebr., 1979 , together <br />with interest at 10'--_% _~rer cent per annum and secured by Real Estate Diortgage <br />Co The First National Bank of Grand Island, Grand Island, Nebraska, recorded as <br />Document 1178-005782 _____in the Mortgage Records of Hall County, Nebraska . <br />The undersigned agrees to pay such extended balance of principal af_THIRTY•-FIVE <br />THOUSAND FIVE HUNDRED & NO/1_00($ 35,_500.00), together with interest thereon at <br />_ 11~ _per cone per annum, such principal and interest to be payable in lawful <br />money of the United States of America at The First National Bank of Grand Island, <br />Grand Island, Nebraska. <br />Ail of the covenants and agreements in such original (rote 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 payable at the election of the legal holder thereof. <br />In further consideration of- such extension of time of payment of such indei;tedness, <br />I hereby ratify and confirm such mortgage recorded as Document /178-005782 <br />in Real Estate Mortgage records of Hall ___ County, Nebras a ~ as <br />the first mortgage lien upon the real properly dc~scrlbed therein, and the whole of <br />the title [hereto as now owned by me. <br />The undersigned executes this Extension Agreement with reference to and on the faith <br />and credit of their properly, which [t,sy new awn or have un interest in or hereafter <br />may acqufre; the express intention being to charge anti to continue to charge any and <br />all of sueh property wfth eile payment of the indc~htedness, the payment of which is <br />herein oxtendr-d. <br />ZN WI'i`Ni5S Wit f: iti~:Ul~, the undersl>inud have herEUntu sot (iris tr;rr:.r° this %9ttr day of <br />August, 14;9 _ <br />- -- _ - ° -- yQ/J/ <br />'~,~ '~G'sYy ~A. ra am <br />_ . ~' ~".:~:r=k~_c`f ~4_~ ~~/ ~-li~.tFi'~..£-era-, <br />--~~Iar~areE lC. ra .am <br />STATE: OF ._Netraska ) <br />") ti 5 . <br />Ct)UNTY GF Hall 1 <br />On this 29th y adaty of August,,. _1479-- , before mc, [he undersigned a Notary Public, <br />in and iur _ _.._1ia11.---_t.i,unty, persurtally canx~ _ _{).~,_~t C~'3ham and Margaret A. Graham <br />_ _ _ __ personally knower t<, me to be the identical persons whose naa~s <br />era affixed to-the above and Eorega[ng Extension Agreement as makors, and they <br />acknowledged said instrument and the execution thr:rt~af to be ((tote vcl';r!ta"y ast <br />deed for the purpose tt,uruirt (expressed. <br />IN Tf;S"CIMtiNY WlfEREOF, I have hereunto afixed my_-Crane! :Ind officla~stal at <br />p. Nebraska~_, on the day and yeart,'~ut'~~t above wri,ftuti: -~ ~~ <br />W ~ ~ Notary Public <br />pol"ARY <br />i pp~lM11S510N •~ ~. <br />,*~{ ~ @~IRES <br />S~~ ~ ~°+~•••7 <br />fir' <br />RECOROERS MEMO: r.~i2T~ .`' ~` '~.. ~' f` <br />Reg. of petds <br />