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EXTENSION AGREEMENT
<br />~~~ ftfi~7~5
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<br />In consideration of the extension of the time of payment of the original promissory note
<br />hereinafter described, the undersigned,C~bY ~-hers, Inc.
<br />_ hereby covenant and agree to pay To lFte First
<br />Natrona) bank o Grand Island, Grand Island, Nebraska, or order, the principal sum of
<br />Thirty- __
<br />5 3,400.00 together with interest thereon at t4 per cent per
<br />annum from the date hereof, such sum to be payable on n,.[-nFwr 7„ 59R'I Interest
<br />shall be payable at maturity on b~ 1 198'
<br />The original principal note in the amount of Thtrt.Y-four Hturlred Dollars and no/100
<br />($ 3,400.00 ) was executed and delivered. by
<br />the undersigned under the date ofD~~r 3, 1979 to The First National
<br />Bank of Grand Island, •G rand island, Nebraska, and was due and payable on the ~-
<br />day of Jtme 1980 together with interest at 14.50 er
<br />cent per annum and secured by Real Etta a Mortgage to The First National Bank of Grand
<br />I§land, Grand Island, Nebraska, s IloctIInent #79-007894
<br />in the Mortgage Records of Hall County, Nebraska
<br />The undersigned agrees to pay such extended balance of principal of Thirty-four
<br />Hwndred Dollars and no/100--------- ($ 3,400.00 together
<br />with interest thereon at t 3_nn per cent per• annum, such principa! and
<br />interest to be payable in (awful money of the United States of America at The First Nat-
<br />ional Bank of Grand Island, Grand Island, Nebraska.
<br />Afl of the covenants and agreements in such original note and the (teal Estate Mortgage a-~
<br />bove-described, other than l~ereinbefore 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 />pr'rnci'pal sum, the entire principal sucn with interest thereon shall become 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, 1 here-
<br />by ratify and confirm such mortgage recorded a~Joctstent #79-0078 4
<br />in Real estate Mortgage records of Ha11
<br />County, Nebraska as the first mortgage lien upon
<br />the real property described therein, and the whole of the title thereto as now owned by me.
<br />The undersigned executes this Extension Agreement with refc:rer;cc to and on the Faith and
<br />credit of their property, which they now awn or gave arz interest in or- hereafter may ac-
<br />quire; the express intention being to charge and to continue to charge any anti all of such
<br />property with the payment of the indebtedness, fh<: payment of which is herein extended.
<br />IN WITNESS ~VHEREt~F, the undersigned have hereunto sot this F,ands this -
<br />day of October 1980 ----
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<br />Crosby Bui]ders, incr.
<br />~~ i' ~
<br />--.-EfTrc@r-~CT"o -'I~~~ccE~ rt~~-----
<br />STATE OF Nebraska
<br />COUNTY OF Hall j
<br />The foregoing. instru~meL'4~„ywas acknowledge before me ibis 1st clay of
<br />Oft er ~-~,19`~`"' 6y Loran L. Crosby, President of Crcisby Liuildcrs, inc.
<br />A-t~~aska Cb - -----,- - - ---- ---- ---~--
<br />_., i~%axT~pr"t~, ~_.,__,~, of the ~xporation -
<br />My Crsmrission )•i,~±g: , 7/2/$4 L- h ~~r '' J~,~.~r-~''YC,
<br />Notary. Pub iI o - ----------- -
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<br />Legal Description: Lot 21 Bishop Heights third Sub
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