~~11P ~~ EXTENSION AGREEMENT
<br />in consideration of the extension of the time of paytnet?t of the original promissory Hots
<br />hereinaftsr described, the undersigned, pijpl,BND BUILIlERS. INC.
<br />hereby covenant and agree tb pay to the
<br />Natrcinai'~sar~R of ra s!and, rand Island, Nebraska, or order, the principal sum of
<br />FIFTY-SIX THOUSAND FIVE HUNDRED AN IO ------------------------------
<br />i S 5.6 ~QO. 0~ togst er wit interest thereon ~at _~y~~~7 per cent per
<br />annum-f_rnm the date hereof, surer sum to be payable on _OCTOBER 6, 1980 Interest
<br />shall be payable at maturity on OCTOBER 5, 1980_ _ ______
<br />The original principal note in the amot;nt of FIFTY-SIX THOUSAND FZV~_ HUI~FDRED- AND
<br />NO/100-----------------(-S S6, 500.00 l ~~~ was executed a_nd ee~~alrvered 5y~~
<br />the un ersignc-d under the date of OCTOBER 5, 1979 to The First National
<br />Bank of Grand Island, Grand Island, Nebraska, and was due and payable on the 2nd
<br />day of APRIL, 1980 together with interest vt 12~y per
<br />cent per annum and seeurt>ei by R~~dAAortgage to The First National~an o Grand
<br />~lsiand, Grand Island, Nebraska, as _ ~7g_OOg4~Z
<br />in the Mortgage Records of !!AI,I, ~~ ounty, NF.RRASKA
<br />The undersigned agrees in pay such extended balance of principa! of f'IF
<br />~~ iiU~.i3r~D~~LU t no------------------------1 S K6. i04 Olt toget~
<br />with interest thereon a4 _~yE~rFN+pf.F,.K___ _____.-_'F~er cc:ent per annum, such principsl and
<br />interest Eo be payable in law u money o~ the United States of America at The First Nat-
<br />ional Bank of Grartd Island. Grand lslanc!, Nebraska.
<br />All of the covenants and agreements in such nr;~rn.tl rt+~tc and the Rea! Estate AAortgage a-
<br />txxe ~iescrtbed, other than hereinbefore modified, shell be and rtmain unchanged and in
<br />#uii farce and affect during such extended period. I# default be made in payment of any
<br />principa! sum, the entire principa! sum with interest thrrenn shall become immediatsly
<br />due and payable at the election of the legal balder thereof.
<br />to further e_an*sderation of such extension of tim€ n# i~ayment of such indebtedness, I here-
<br />t~y ratify and confirm such mortgac#e rQCOrc1.:e! ;.ts (~(;yly~;p ~q_np_ 55~
<br />~in Rea! Estatt~ .tarttiac~~+ rE•r;orcis~ _ ~IAL<i.~.T.
<br />t'ounty, _pj~_. _ _ _ _ as the frr•;t mortgage :ten +.tfton
<br />ihv +'sal pro,re.'ty deseribzd therein _-anti tt+er wtu+le ~~f tkt~ true th+~+~e~tr> vs now t,wned b, me.
<br />1 he :tr+dersiyned executes thi3 Exteri±l+urt ~\clrr.emt~nt wait reference to and on the faith and
<br />~r ~4~lt cst tt1?!r ~?rnfaerty, which ttley r+;,w awn cir i+9V#' dr! rnt~+r°,±V[ !n r?r hereafter may ac -
<br />rtuu-e, the exf;ress interrtwet t~rrinq fo t.harcle ,}++r.i [u .,nti.,uP ±;~ c_i+arc!e any and a{i of such
<br />strot~erty +ntth the payment of the insletattw}•,+:~z. t+:«.• i,.+r m, r+t ut wrttch is herein extended.
<br />its ei 1`NF~S titEi3Et)f=, the t+nttsrs+gneci ir;+ve :r..++~„=+r=: .tit th,s n,tncts ti4r3 'iTti
<br />___:W._.._...______ ... _._
<br />:lay Qf ArR=L- i.9tiu
<br />4t I,t1~icP~[3 ti[i i i,U E; }?S , i i•iC; .
<br />
<br />STATE OF NEBRASKA )
<br />~_~.,.__.~ S5
<br />CQUNTY G3F ti&LL !
<br />,:
<br />7hs fne's~ie-r~ inf.truraent watt ackns>wlesiged before r»e ibis •' day of
<br />_ __. _ ._ W__._._
<br />..~C3,RT.[,.,_._..„,_...~• t 9...-Ei11.,_. -. by _ 'rNilc~ _i~Tmz 4~~C~t?M5 r ' EC:~f rltE:lt.~
<br />.__,.-.._ T_ ._....._.. ...,_._ _ -.,.. _ .,--.._._.__. _.__.__..._ ......_.._.R.
<br />curporattort, rn n e corpartation
<br />;~~~~ r s ,~ . ~ ~,,.:~:
<br />My C`otttau$ait7rt~ €:xpires ; :: j!it) ~. _ _ ,' .. :!f~~r.~.
<br />ary ,t
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<br />S41TY1GIt~t+l: t'7`i"? '.?F ''-~iiftNLt :5~~-•, ~~c,Bi:etit{.r~.
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