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80-- ~~El
<br />N0.
<br />F'.XTENSION AGREEFIENT
<br />In consideration of the extension of the time of payment of the original promia~ry
<br />note hereinafter described, the undersipaed,_Warren B.Garrett and Theresa M. Garrett ~
<br />Husband and Wife _, hereby covenant and agree to pay to The First Natioaal•-
<br />Bank of Grand Lsland, Grand Island, Nebraska, or order, the principal sum of
<br />TWENTY-EIGHT THOUSAND AND NO/160------------~---~----~--_____($2B,Q00.00 ~
<br />together with interest thereon a[ 1~-$X-----per cent per annum fray the date herao€,•
<br />such sum to b€; payable on April 9,_I981__~ Interest shall be payable at maturity
<br />un April 9, 1981 'y
<br />The original principal note fn the amount of FORTY-EIGHT THOUSAND AND NO/100 DOLLARS #
<br />($ 48,000.00 ) was executed and delivered by~the undersigned under the date of
<br />_Octob~T er 2_,_1976 _, to The First National t3ank of Crand Island, Crand Island,
<br />Nebraska, and was due and payable on the 28Th _day of October, 1977 together
<br />with interest at 9%_ _yer cent per annum and secured by Real Estate Mortgage
<br />to The First National Bank of Grand Island, Grand Island, Nebraska, recorded as
<br />Document ?(76-006436 ____In the Mortgage Records of Hall County, Nebraska
<br />The unde:signed agrees to pay such extended balance of principal of 'TWENTY-EIGHT
<br />~THOllSA,YD AND NO/100 .DOLLARS ($ 28,000.0_0), together with interest thereon at
<br />t'ighteen~,~per cent pr~r annum, such prinr.lpal attd interest to be payable in law€ul
<br />money of the United States of America :at The First National Bank of Grand Island,
<br />Grand Island, Nebraska.
<br />All of the covenants and agreements in such ariglnal note and the Real Estate Mortgage
<br />about-described, ottrer than herelnbefore modified, shall be and remain unchanged and
<br />in full force and effect during such extended period. If default be made in payment
<br />of any principal sum, the untlre principal sum with interest thereon, shall become
<br />ir~ediately due and payable at [h~ rlectton of the legal holder thereof.
<br />In further consideration ~,f e;uch extension of time of payment of such indebtedness,
<br />I hereby ratify and confirm such mortgage recorded :rs _ Document #76-006436
<br />in Real h:state "tortgage records of HaII t;ounty,~v_Nebraska _ ~ as
<br />the first murt$age Iten r,pon the real property dr•*tcribrd therein, and the whole of
<br />the t.ttlo thereto as now ~,~rncd by me.
<br />The undersigned execute: this t:xtonsir~u Agrrr-mcnt with reference to and on Che faith
<br />uud ~:rc~lt of chair pru,,erty, which they now own ur have an interest 1n ur hereafter
<br />may acquire; ttre express intenti,m brink to ch:,r}~,e .end to continue Co charge any and
<br />all of such prc~t,crty with th• payment .,f the fi:dr•i,trdness, the payment of which is
<br />irrrein c~xtcndc•d.
<br />ZN WITNF~S `flHFkl--iiF, the- undersii;att•d have l,rre'rzr;t„ Set thin hands th~~th day of
<br />~ rfl, Z9$U ~ _._.__
<br />- 1 , ~~ ~- !
<br />STATF. Ol•' Nebraska i
<br />(:UUNTY uF Hall }
<br />?~'?___
<br />~~ Theresa .arre'"£E'
<br />(nr this ,`?ch day of ,ipril, 1980 be!uro .nc, the undersigned :, Notary Public.
<br />in and toe iial7_ _ ~i;uuuty, personally came '+arren H. Garrett and ('harass M. Garrett
<br />_ _ _._ _____ . __~_~e._. __ _.___., ._. _.__.__._
<br />_ _ _ p+:rsunally known to me rc: tie the Identical persons whose names
<br />~. ~R affixed [o the above and iuregoing I:xtert,~s ion .'txrcrment as makers, and they
<br />~t4cc~jnowlcdl;ed said instrument and the exrcutiou th.rruof tv bb their voluntary aCt Rtid
<br />~ d~tid, for [tie puriwse chart=tn axpresaed.
<br />t i
<br />R 1~ `f ~ 'Y WIfEREttt~, 1 hove herrutriu rtf i'ixed r-,v ~~and ,end .~t f tr,~ii}-i ~1 at
<br />1 Nebtrrxuka art the day and v ar i above writ~n~;~= ' _ _.-~-"~
<br />~r~~ti k„fr "~„~ {°'~ .~/gr2! ,~•~ /'"e!'Ct.-r;~c"d,e~rt.< ~
<br />!#t?6~t+itlr Notary Public
<br />~<~`~ ~~:
<br />,~._ .._
<br />FrEC`v+~i~ett5 `... `x .e _ ~~ ,,~ .,~ct..
<br />.__-._.M..v ., ~,i1f Dios
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