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EXTENSIC)N AGREEhii~NT In consideration o'f the extension of the time of payment of the original promissory note l^~ereir'naft~f cliescritieii, 4he undersigned, CROSBY BUILT1E;i2S, INC, hereby covenant and agree to pay to 'ihe First National Barrk of ran~nd, Grand island, Nebraska, or order, the principal sum of FORTY-NINE THO SAND E ---------------------------- S 49, 400.00 toget er with interest thereon aY i n~ per cent per annum from the date hereof, such sum to be payable on_ JUNE 30, 1980 Interest shall be payable at maturity on JUNE 30, 1980 The original principal note in the amount of FORTY-NINE THOUSAND NIR1E HUNDRED AND NO/100----------------($49,900.00 was executed and delivered by the undersigned under the date of JUNE 12, 1979 to The First National Sank of Grand Island, Grand Island, Nebraska, and was due and payable on the 10 day of DECEMBER, 1979 ,together wish interest at ELEVEN_(.11~ peY cent per annum and secu-ed by R~~~edMortgage to The First National Bank of Grand Island, Grand Island, Nebraska, Hate as DOCUMENT #79-003665 in the Mortgage Records of HALL ~ County, NEBRASKA The undersigned agrees to pay such extended balance of principal of FORTY-NINE THOUSAND NINE HUNDRED AND NO/100__-----------($ 49,900.00 ), together with interest thereon at 14~ per cent per annum, such principa! and interest to be payable in lawful money of the United States of America at The First Nat- ional Bank of Grand island, Grand Island, Nebraska. Atl of the covenants and agreements in such original note and the Real Estate Mortgage a- bove-described, other than hereinbefore modified, shall be and remain unchanged and in full force and effect during such extended per~ad. if default be made in payment of any principal sum, the entire principal sum with interest thereon ,shad become immediately due and payable at the election of the legal holder thereof. 1n further consideration of such extension of time of payment of such indebtedness, i here° by ratify and confirm such mortgage recorded as DOCUMENT #79-003665 _in Real Estate Mortgage records of HALL County, NEBRASKA . as the first mortgage lien upon the real property described therein, and the whole of the title thereto as now owned by me. The undersigned executes Lhis Extension Agreement with reference to and on the faith and credit of their property, which they now awn or have an interest in or hereafter may ac- quire; the express intention being to charge and to continue to charge any and all of such property with the payment of the indebtedness, the payment of which is herein extended. 1N WITNESS WHEREOF, the undersigned have hereunto set this hands this ~ day of DECEMBER, 1979 CROSBY BIITLDERS, TNC. LORAN L. CROSBY, PR~7DENT STATE OF NEBR,~S~A _ ) ~~ SS COUNTY OF HA.,t.._ ) The foregoing rtrum®t.t.~'ti~ckn DECEMRF.R ~..`'i~?Q 'S bY`~. ,~~'..'~2 ia~a `~ ,1r NC i,Fs icy Commission Expires 7-2-80 !edged before me this ~ day of ~'l/ Wl_.~1- i rr otary rc ;`