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<br />
<br />EXTENSION RGREEMENT
<br />g0; tr~)~7J7
<br />En consideration of the extension of the time of pa ment of the original promissory note
<br />hereinafter described, the undersigned, Crosby Builders, Inc.
<br />, hereby covenant and agree to pay to The First
<br />National Bank o Grand Island, Grand Island, Nebraska, or order, the principal sum of
<br />Eleven Hundred Dollars and no/100------------------------------------
<br />$ 1.100.00 together with interest thereon at 13 per cent per
<br />annum from the date hereof, such sum to be payable on October 1, 1981 Interest
<br />shall be payable at maturity on October I, 19tb1
<br />The original principal note in the amount of Eleven Hundred Dollars and no/100
<br />($ 1,100.00 )was executed and delive- r~.by
<br />the undersigned under the date of Decem er 3, 1979 to The First National
<br />Bank of Grand Island, Crand Island, Nebraska, and was due and payable on the 30th
<br />day of Sune, 1980 together with interest at 14.50 per
<br />tent per annum and secured by Real Estat~~~e to The First National Bank of Crand
<br />Island, Grand Island, Nebraska }k~fas Doc. #79-007895
<br />in the Mortgage Records of 1ia1 County, s a.`^-~
<br />The andde rsi red re tt pay such extended balance of princi al of Eleven Hundred
<br />Dollargs anc~gr:oJ~08- ---------- 10.00
<br />($1 ~ together
<br />with interest thereon at 13. QO per cent per annum, such principal and
<br />interest to be payable in lawful money of the United States of America at. The First Nat-
<br />ional Bank of Grand Island, Grand Island, Nebraska.
<br />All of the covenants and agreements in such original note and the Real Estate Mortgage a-
<br />bove-described, other than hereinbefore 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 />principa! sum, the entire principal sum with interest Yhereon 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, I here-
<br />by ratify and confirm such mortgage recorded a~ocument #79-007895
<br />i~ Real Estate Mortgage records of a
<br />County, Llebras a as the first rortgage lien upon
<br />the real property described therein, and the whole o€o€ the title thereto as now 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 no~~ awn or nave an interest In or hereafter may ac-
<br />qulre; the express intention be[ng to charge and to continue to charge any and ail of such
<br />property with the payment of tloe indebtedness, the payment r:~f which is herein extended.
<br />IN WITNESS WHEREOF, the undersigned have hereunto set this hands tt7is Y s.~
<br />day of October, 1980
<br />~ _ ,1~ ~~
<br />RECORDERS tdEMO• '= IrZ, yam' ~-~-~~~L i ~~-r': z-- ~ ~G Lam' "
<br />~ 7
<br />-------- --'~~'-~ ~,„ --"-' Crosby Bui lders , Inc
<br />BY: `.~ /
<br />-- Oran-~"Zros~y, Tre
<br />STATE OF Nebraska )
<br />6pUNTY OF Ha 11 -`~
<br />;~
<br />'i'ahe foregoin E'~ml? Nos acknowledge before me this lst day of
<br />ctober .~'l.. • •-1~~, by Loaran L. Crosby, Presi ent
<br />'~ rosb: B 'r ,• T'fxC,,`,-, A N'ebreska Corporation in e a o e ~'"`
<br />tiernNy orporation.
<br />~ CUh1Mi55ibN •; #. ,
<br />Fz.PrRES ' f ~ ~~
<br />My Conu 's9~.fln Ex~izes 7/2/89 i n~' (~~ ~ / ll~, ,,
<br /><gFMEBi;~~ Notary Pu c
<br />Legal Description: Lot 6 Bison Bieadows
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