~~ ~.~ EXTEN~l;3N AGREEh1ENT
<br />~~ --
<br />in cpnsideratian pf the extension of the time of payment of the original promissory note '
<br />i:ereinafter described, the undersigned, Fox Construction, Inc.
<br />hereby cpvenant and as3ree to pay to -lF~+e First
<br />Natas~riai Ban p Grand is€and, Grand isiard, Nebraska, or order, the principal sum of
<br />Forty-nine Thousand Tae Hundred and nollUU---___,_____________
<br />~~- _ togettcer with interest thereon ai pt:r cent per
<br />annui»~rom the date hereof, such sum to be payable an ltaarch 31, 19$1 Interest
<br />shalt be payable at maturity on Harch 31 , 1981
<br />The rsr' i principal note in the ampunt of Forty-nine Thousand Two Hundred and
<br />no}~b°~ - iS 49,20U.OU -was executed and delivered qy
<br />the undersigned under the date pf Au~~ 3t , i g7g to The First National
<br />Bank of Grand Island, Grand lstand, Nebraska, and was due and payable on the ;7th
<br />day pf Febuan~ 14$0 toc3eiher with interest at 11 r
<br />cent per annum and secured tsy Real~~~rt aqqe to he First hationai Sank pf Grand
<br />tsiand, Grand lstand, Nebraska,?irtt#as Do~~rent X79-005701 and Extension 80-001079!
<br />in the h'=ortgage Ptes.:t>rds of Hail ~ Couniy, ' ~
<br />The undersigned agrees to pay such extended balance of principal of Fort,~nine Thousand
<br />Two Fit.indred rinllars _3rrd_ Holton-___________ (_S da inn nn 1_ tnuenu t~e_r_-
<br />a~tth rest ttterean at F.d,OU-•- --- ~er cent lrer annurtr, such principal and
<br />iatit~~Hare~st tp ks+r ~payabie iniarwful mane~r~ tie t~nstec3 estates of ,Ame~~r•Eca at T'he First N~at-
<br />itanai IBarilit pf Grand lstand,, Grand lstand, Nebraska.
<br />ill af' ti"sspr cp~renanis and agreements in such original r^umte ansl tfse Real Estate Fdortgage a-
<br />brrupsr-rfesc;w°itaeq~, ether than liereingefore modifi~~:<~, sl°aall Sac rand remEtin un~clroange~d -and in
<br />fuHt 'N~gart;'trt: and ~effeet during such e~~scte:nded per~iaHet. l9' M„lnr4'ar,:It be nvas~ete in g~~aaymxant of any
<br />pri'nclpai sum, tt;e entire principal sum with interest tl"terv~an vt7ail t5ecame immediatelp
<br />due and payabte at the efectior. of the tes3al holder theri>af.
<br />In further ccnsid+eration t:f such extension of time of payment of such indegtec#ness, ! here-
<br />qy ratify and confirm such zt~rtgage recorda:d as Doc. f79-005701 <ind Extension 80-UU1U79
<br />in Real Estate +„ortgar~e r~ec,rd~ ~f 2Ia1T T--
<br />Caunty,-Vii'"-"as `a~~ __ _ as the first mortgage lien upon
<br />tier i~al y`aEF'u:iy de3:=tl ~`'~ ttta~ieirr, ari irlc >i i~ivl2 u€ t"rye ii?,le t'fisr~isr as rKSe51 E:Fwnea Qy mS.
<br />~~hP.' Urd~*p'SI~"n exa+cutes tt'Fi'~ t;Ytension P~L:)r#IAt'nt YIL 9ttt reler'ence',• to and ari ti;e fu4th anL
<br />t~"t~lit art it!eir ~rrr•ty, ~rhict? they no+s pin a:- have aan interN~aM ±n or h~ryafter ma~~ ac-
<br />giair•e; ttte express intentipn being to ch:~rge rind ~_? tuu,itrc:aa~ to charc:r est. and _°;, ^t sucF
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<br />ifal tk'I°rl~i~:s ~INtREiaF, the undert<eg_ned have F7ereuntcv set thi laarrt)5 this
<br />day sf u^~"~°°t_v~,ef , 1 ~ Rv _.._~_._.___ _
<br />tkf ~RpcnS MEP,9v: ~F....._ '_ - °~.:~" ~ . _ ,.,.t.ti=~v ..m.,.._.
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