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., ~xTE~waslt~N Ac RIESii,Iwi}r <br />~~ ~„ ta <br />3n consideration of the extension of the time or paymer;t of the ori~r~ina! promissory note <br />hereinafter described, thre undersigned, JOHN E. PFEIFER AND LOIS A. PFEIFER <br />HUSBAND AI3D WIFE hereby coversant and ar3ree to pay to Zhe First <br />"tational San crf Grand Island, rand Island, Nebraska, or order, the principal sum of <br />FORTY-FOUR THOUSAND AND NO 100_________________________________________ <br />t $ 44, 000.00 ,together with interest thereon <br />annum from the date hereof, such sum to be payable on <br />shall be payable at maturity on JUNE 16,1980__ <br />nt per <br />Interest <br />The original principal note in the amount of FORTY-FOUR THOUSAND AND NO/100------- <br />__ - -- - - <br />---------------------- $ 44 , 000.00 was executed and delivered by <br />the undersigned under the date of JUNE 20, 1979 to The First National <br />Sank of Grand island, Grand island, Nebraska, and was dr~e and payable on the 17 <br />day of DECEMBER, 1979 , together with interest at 11 per <br />cent per annum and secured by R~~~~$~ Mortgage to The First National Bank of Grand <br />' island, Grand Island, Nebraska, rem as DOCUMENT #79-003858 <br />in the Mortgage Records of HALL _ County^ NEBRASKA <br />The undersigned agrees to pay such extended balance of principal of FOP,TY-FOUR <br />THOUSAND AND NO/100--------------------------_($ 44,000.00 ~ ), together <br />with interest thereon at 12~ per cent per annum, such principal and <br />interest to be payable in lawful money of the United States of America at The Fii st Nat- <br />ional Bank of Grand island, Grand Island, Nebraska. <br />All of the covenants and agreements in such original note and the Real Estate k9ortgage a- <br />txAre-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, *,he ert'sre principal sum with interest thereon shad I~ecome immediately <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 #79-003898 <br />in Real Estate Mortgage records of HALL <br />County,_ NEBRASKA as the first mortgage lien upon <br />the real property described therein, and the whole of the 'itle 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 expresssntention being to charge and to continue to charge any and all of sash <br />property with ttie payment of the indebtedness, the payment of which is herein extended. <br />IN WITNESS WHEREOF, the undersigned have hereunto set this hands this i'1 <br />day of _ _ _ DECEMBER, 1979 <br />5 <br />_;' ~ = <br />-..t-, _f~_.-. <br />LOI5 A. PFEIFER- ° <br />STATE OF iEBRASKA ) <br />COUNTY OF Z-IALL ) <br />The foregoing strument was`°,acli~towledge before me this 1+=r day of <br />DECEMBE ,'1`~;79< ~t~by JOHN E. PFEIFER. AND LOIS A PFEIFER <br />'.-~-^-fa -- <br />`u,' <br />~~ <br />My Commission Expires 7-2-80 <br />Notary Ru is <br />G_.1~t~~ ~/'j,~.( ~~ ~_ __ <br />~ ~/ I~C'~. Or uz'.i+.~ <br />