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EXTENSION AGREEMENT ~?~~ iii).: r09 - 1n consideration cf the extensidn of the time of payment of the original promissory note hereinafter described, the undersigned, here y covenant an agree to pay to -The First Natrona! Bank o Grand Island, Grand island, Nebraska, or order, the principal sum of Fbrt< rti Tho __ $49,900.00 together with interest thereon at to per cent per annum from the date hereof, such sum 20 be payable on October 1, 1481 Interest shall be payable at maturity on October 1, 1981 , The original principal note in the amount oFbrty-nine Thousand Nine Htuxlred lbllars atxi m/100 (S 49,900.00 ) was executed and delivered. by the undersigned under the date of tme to The First National Sank of Grand Island, Grand Island, Nebraska, and was due and payable on the 10th day ofDec~r 1979 together with interest at 11.00 per cent per annum and secured by Rite Mortgage to The First National Bank of Grand Island, Grand island, Nebraska, a9bcunent #79-003665 & Ext-eni~on 79-007897 in the Mortgage Records of Ha Gounty, ras The undersigned agrees to pay such extended balance of principal ofd ~ _ Nine Htmdreti and no/100------ ($ 49.900.00 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- ions( Bank of Grand Island, Grand Island, Nebraska, Ali of the covenants and agreements in such original note and the Real Estate Mortgaye a- bove-described, other than hereinbefore modified, shall be and remain unchanged and in full farce and effect during such extended period. If default be rnade 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 consideraticn of such extension of time of payment of such indebtedness, I here- by ratify and confirm such mortgage recorded as Doctanent #79-003665 & Extension 79-007897 in Real Estate Mortgage records of Aa County,_ ras - 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 Extension Agreement with referencr_ to and en the faith and credit of their property, which they now own or' have an interest in or hereafter may ar tTuire; the express intention being to charge and to co~rtinue to charge any anti altl of such property with t~~e payment of titre indebtedness, the payment of which is herein extended. 1N WITtJESS tYNEREOF, the undersigned have hereunto set this ktands this lsr day of Octobez 1980 __,-.,.._.____ ~- ~/~' ~--~k~, RECQ,RDERS~A9Etl0:' ~ ~ /~~~ ~_mshy t~~y 1 .r3 rc _Tnr- Inran . ~ ros President STATE OF~ Nebraska ~ ) T COUNTY OF Hall ~_______ _) ~he foregoing instrument was acknowledge before me this lst d^ - of A October 19 gp byInran L. Crosby, Press'c-9C~i'lE~f-C~os~y~3'iiildez-s; Tnc- -; in ]5i'Ti~df the't~i~Y'afic~l5` -- _------ --____.-- MY ' i~rtes: 7 / 2 / 8 4 _ ~~ '~ /..~ . ~ ~, ~ `'/ (Notary pubCic`~~A-~~--- r ~, • ::. r 2.....: • cy ., ~Tf t7F NE~~p T,cagal Description; I.r7t 11 IIisl~g lTt:iyhts 3rd Sub