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<br />EXTENSION AGREEMENT
<br />In consideration of the extension of the time of payment of the original promissory note
<br />hereinafter described, the undersigned, Crosby Builders, Inc.
<br />i;creby covenant and agree to pay to The First
<br />National Bank o Grand stand, Grand Island, Nebraska, or order, the principal sum of
<br />Forty-four thousand dollars and no/100------------------------
<br />$ 44,000.Q,9 together with interest thereon at 13 per cent per
<br />annum from the date hereof, such sum to be pa able on Oc o er , interest
<br />shall be payable at maturity on October 1 , 1981
<br />The original principa! note in the amount of Forty-four Thousand do 0
<br />($ 44,000.00 was executed and deliver y
<br />the undersigned under the date of Mav~,_,~979 to The First Nationa{
<br />Bank of Grand Island; Grand island, Nebraska, and was due and payable on the 5th
<br />day of November 1979 together with interest at 11 (Eleven) per
<br />cent per annum and secured by R~$Ic~L~e~ Mortgage to The First National Bank of Grand
<br />Island, Grand Island, Nebraska, pt as Document #79-002800 Extension 79-007896
<br />in the Mortgage Records of Hall County, Dlebraska
<br />The undersigned agrees to pay such extended balance of principal of Fort -four
<br />thousand and no/100-------------------- ($ 44,000.00 together
<br />with interest thereon at 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 />Ail 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 />principal sum, the entire principal sum 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, I here-
<br />by ratify and confirm such mortgage recorded asDocument #79-002800 ExteAea;Qn 7 9-00 7 8 96
<br />in Real Estate Mortgage records of
<br />County, Nebraska as tl~e 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 reference to and on the faith and
<br />credit of their property, which they now own or have an interest in or hereafter may ac-
<br />quire; the express intention being to charge and to continue to charge any and all of such
<br />property with the payment of the indebtedness, the payment of which is herein extended.
<br />iN WiTNES5 N"FiEREOF, the undersigned have hereunto set thi; hands this 1st
<br />day of October 1980
<br />RECORDERBA4EM0'.~ ~~',J~ ~ ~ `
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<br />Croshy Rni ldarc
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<br />Loran L. Crosby,~Presi /nt
<br />STATE OF Nebraksa )
<br />COUNTY OF Hall )
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<br />The foregoing inst.tri~{;,was acknowledge before me this 1st day of
<br />O~ttober 1~ ~}~'~,, ~ by Loran L~Crosby, President of Crosby ____
<br />Btt]~lders, A'}i~l~bxa~,ka corporation, in behalf of the Corporation.
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<br />My Commis~xoit Exgb;~es:
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<br />72/84 ~ ~. t ,~` ~t.~ ~ \,,
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<br />Leyal De6CI1D~~fts..-. T,ot. ~,
<br />Notar Pu is
<br />6 Bison Meadows
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