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<br />EXTENSION AGREEMENT
<br />In consideration of the extension of the time of payment of the original promissory note
<br />hereinafter described, the undersigned, JOHN DHILLON INC.
<br />hereby covenant and agree to pay to 'the First
<br />attF-`tonal an o ran scan ,Grand island, Nebraska, or order, the principal sum of
<br />i
<br />~~ _ n00, 00 toget er wit interest thereon at SIXTEEN per Cent per
<br />annum rom the date hereof, such sum to be payable on SEPTEMBER 9, 1980. interest
<br />3hai1 ba payable at maturity on SEPTEMBER 9, 1980
<br />The original principa! note in the amount of TWENTY-SIX THOUSAND FOUR HUNDRED AND
<br />NO,/100---------------{-~-2b~~08~08- - - - - - - - - - was executed an de fiver y
<br />the un rsigned under the date of SEPTEMBER 17, 1979 to The First National
<br />Bank of Grand Island, Grand Tsland, Nebras a, and was due and payable on the 15
<br />day of MARCH, 1980 ,together with interest at TWELVE (12) r
<br />cent per annum and secured by ~~~~ hicrtgage to 'the First National anB k of Grand
<br />Island, Grand Island, Nebraska, r3i21ri~Yil as DOCUMENT #79-006090
<br />in the Mortgage Records of HALL County, NEBRASKA
<br />The undersigned agrees to pay such extended balance of principal of TWENTY-SIX
<br />THflUSAir'D FOUR Ht32w)RED AND NO/100-------------{$ 26,400.00 ), together
<br />wi interest thereon at SIXTEEN (15)__ per cent per annum, such principal and
<br />interest to be payable in 11-aw l1 mon~he United States of America at The First Nat-
<br />ional Bank of Grand Island, Grand Island, Nebraska.
<br />Afl of the covenants and agreements i3 such original note and the Rea! Estate Aortgage a-
<br />bortdescribed, ocher than hereinhefore modified, shall be and remain unchanged and in
<br />full force and effect during such extended period. i f default be made in payment of any
<br />principal sum, the entire principal sum with interest thereon ,shall become immediately
<br />due and payablt 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 f79-006090
<br />in Real Estate Ator tgage records of H~,I,
<br />nty. NEBRASKA as the first mortgage lien upon
<br />the real property described therein, and the whole of the title thereto as new 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 awn ar have an interest in ar hereafter may ac-
<br />quire; the express intention being to charge and to continue to charge any and all of such
<br />property arith t'~e payment of the indebtedness, the payment of which is herein extended.
<br />ICI ~1F1TA#ESS WHEREOF, the undersigned have hereunto set this hands ibis 13
<br />day of MARCH. i9~0
<br />JOHN DHILLON, INC.
<br />$Y: t ti~-ti
<br />JOHN fi.S. DHZ PRESIDENT
<br />STATE OF ,~ ~iICAJ, `, }
<br />W
<br />~.
<br />The foregoing i t~'#~e[wwledge before me this 13 day of
<br />''~ `:~`'~'' by JOHN K . S _ DHI T OF
<br />:-(1Hi+i I#HiLI,f32~i, f7F THE CORPORA'I'IO
<br />MY Can~.issioa Expires 7j2180 "~,~-:'lf%`'f~'~.~. ~:=i'.
<br />' Rotary Public
<br />~ I'IISCRII'TIODi: t
<br />LU7', TTHtEE {3) I3,1 BLOCK ONE {].) IN Bi2ENTWOOD SECOND SUBDIVISION IN THE
<br />CITY 03r' GRAtdt) ISLAND, iiAI.I+ COUNTY, NEBRASKA.
<br />I,OT Ei.E3 Ili) 3N BLOCR OKE {1) IN BRENTWOOD SECOND SUBDIVZSON IN THE
<br />CITY OP' G~tAND 3SLAND, BALL COUNTY, NEBRASKA.
<br />LOT Ft3t3£iTEEN {19) IN $LOCK ONE (1) IN $RENTS900D SECOND SUBDIVISION
<br />IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />
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