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r EXTENSION AGREEP,IEN T 8f)-~iili~i04 In consideration of the extension of the time of payment of the original promissory Hate hereinafter described, the undersigned~rasby Builders, Inc. hereby covenant and a3ree to pay to The First National Bank o Grand Island, Grand Island, Nebraska, or order, the principal sum of Fift - and Six H mdred and nn/inn------------- $53,600.00 ), together wr[h Interest thereon at per cent per annum from the date hereof, such sum io be payable on c o er Interest shalt be payable at maturity on October 1 , 1981 , The origginal principal note in the amount of Fifty-three Thousand six Hundred & no/I00----- ~g53,600.00 } was executed and delivered. by the undersigned under the date of une to The First National Bank of Grand Island, Grand island, Nebraska, and was due and payable on the 10th day of December 19T4 together with interest at 11.00 per cent per annum and secured by R~e~~E~@ h1ortgage to The First National Bank of Grand Island, Grand Island, Nebraska, ~~gg} as Document #7 9-00 36 6 6 and Extension in the Mortgage Records of Hall County, Nebraska 007898- The undersigned agrees to pay such extended balance of principal of Fifty-three Thousand Six Hundred and no/100----------- (S 53,600. together with interest thereon at 13.00 per cent per annum, such principal and . interest to be payable in lawful money of the United States of America at The First Nat- ional Bank of Grand Island, Grand Island, Nebraska. All'',bf the covenants and ayr'eements in such original note and the Real E<_tate Mortgage a- barre-described, other than hereinbefore modified, shall be and r°emain unchanged and in full force and effect during such extended period. If default be made in payment of any principal sum, the entire principal sum with interest thereon shall become immediately due and payable at the election of the legal holder thereof. In further consideration of such extension of time of payment of such indebtedness, 1 here- by ratify and confirm such mortgage recorded as Document #79-003666 & Extension #79-007898 in Real Estate Mortgage records of Hall County, Nebraska _ as the first mortgage lien upon the real property described therein, and the whole of the title thereto as now owned by me. The undersigned executes this Cxtension Agreement with ceference to and on the faith and credit ad' their property, which they Haw o~~n or have arr interest in e;r hereafter may ac- quire; the express intention being to charge and to continue to charge any and all of such property with the payment of the indebtedness, the payrnenf of which is herein extended. !N 1':'lTNE55 L"1t1EREOF, the undersigned have hereur~tca set r•iis hands this 1st day of October 1980 --- REC RDERS tvlEdO: ~ " " -' __. F'^, o; Deeds Crosby Builders, Inc, ~ i. _ ~rr, ~ Z75~C5~'~ 11yL~'~E Nebraska 57ATE OF } _ _ ~ G"i3UNTY OF Hall r~3 Tire foregain >r was ackno:v!edge before me this l.st day of ,..,"t~ f ' ' ' ~$__ y Loran L. Crosb;', Presi _ dent o, Cresb~ builders, T ilc. A N a e r ionL_in behalf of the Corporat ion _ NDtARY ~ '~ i C01AMlSSiON d! EI(PIRES i i ^ , y . .~. ~ My Commiss ~ 7/2/84 ( Notary PubLc Legal Description: Lot 21 Bishop Hei.q,~ts rd Sub