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79"°,~ ~~ EXTENSION AGREEMENT <br />In consideration of the extension of the time of payment of the orp'y~nal ~iromissory note` <br />hereinaftpep^ described, the undersigned, CROSirSY BUIT,DER"S, INC. <br />hereby c~veriasi"i avid agree to pay to ~ihe First <br />Nat noiNat ~i Sank of Grand Islan ,Grand Island, Nebraska, or order, the principal sum of <br />FIFTY-THREE THOUSAND SIX HUNDRED AND NO 100----------------------------- <br />$ .00 , toget srr with interest thereon at 14~ per cent per <br />annum from the date hereof, such sum to be payable on JUNE 30~ 1980 - Interest <br />shall be payable at maturity on JUNE 30, 1980 <br />The original principal note in the amount of FIFTY-THREE THOUSAND SIX HUND D <br />AND NO/100------------(653,600.00 ____,e was executed and delivered by <br />the undersigned under the date of .~~>~~ t q79 to The First National <br />Bank of Grand Island, Grand Island, Nebraska, and was due and payable on the ~p <br />day of DECEMBER, 1979 together wits-. interest at 11$ per <br />cent per annum and secured by Real Es a Mortgage to The First National Bank of Grand <br />island, Grand Island, Nebraska,~~s DOCUMENT #79-003666 <br />in the Mtortgage Records of HALL County, NFaRZ~ <br />The undersigned agrees to pay such extended balance of principal of FIFTY-THREE <br />D NO/100----------------( 653, 600 X00 ) , together <br />THOUSAND SIX HUNDRED AN <br />with interest thereon at 14~ _ per cent per annum, such principal and <br />interest to be payable ;n llaw u-~ 1 money of the United States of America at The First Nat- <br />ional Bank of Grand Island, Grand Island, Nebraska. <br />Ali of the cavenanis and agreements in such original note and the Real Estate Mortgage a- <br />bove-described, other than hereinbefore modified, shall be and remain unchanged and in <br />full force and effect during such extended period, If default be made in payment of any <br />principal sum, the entire principal sum with interest thereon ,shall became irprmediateiy <br />due and payable at the election of the legal holder thereof. <br />in further consideration of such extension of time of payment of such indebtedness, I here- <br />by ratify and confirm such mortgage recorded as DOCUMENT #79-003666 <br />i_n Real Estate Mortgage records o HALL <br />County, NEBRASKA as the first mortgage lien upon <br />the real property descr bed therein, and the whole of the title thereto as now owned by me. <br />The undersigned executes this Extension Agreement with reference to and on the faith and <br />credit of their property, which they now own or have an interest in or hereafter may ac- <br />quire; the express intention being to charge and to continue to charge any and all of such <br />property with the payment of the indebtedness, the payment of which is herein extended, <br />!N WITNESS WNEREdF, the undersigned have hereunto set this hands this 3 <br />day of DECEMBER 1979 <br />CROSBY BUTLDERS„_INC <br />7 r' `} <br />LORAN L. CROSBY, PRE DENT <br />STATE OF NEBRASKA ) <br />SS <br />CGUNTY OF HALL )£-~ <br />The foregoing instrume'was ~ilck~~<, <br />DECEMBER 19 ~i`= . $y~. <br />oCRfSSBX BUILDE _ .ZINC. <br />corporat on, in a9 0 ~ a; `... to =ilor <br />tz. ; - ~: <br />` ,f~ <br />~;~ <br />My Commission Expires 7- <br />before me this 3 day of <br />otarylsiib-file ~ <br />,l <br />