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<br />8~.--c~c~ 1~ lu ExTENSIt~N AGREE:M[NT
<br />In consideration of the extension of the time of payment of the original promissory note
<br />hereinafter described, the undersigned, P7asonry Components, Inc.
<br />hereby covenant and agree to pay to 'fhe First
<br />Natronai Ban o ran stand, Grand Island, Nebraska, or order, the principal sum of
<br />Thirty-two thousand five hundred and no/100----------------------------
<br />r5 ~~ 00.00 toget er with iraerest thereon at sixteen t16) per cent per
<br />annum from the date hereof, such sum to be payable on June 4. _1981 Interest
<br />sha11 be payable at maturity on June 4, 1981
<br />The original principa! note in the amount of Third-two thousand f'v d
<br />ro/100-----------•----{5 32, 500.00 was executed an de ivered y
<br />the undersigned under the date of August 8, 1980 to The First National
<br />Bank of Grand Island, Grand Island, Nebraska, and was due and payable on the q
<br />day of February, 1981 together with interest at Fourteen (14} per
<br />cent per annum and secured by R~c~s~~ Mortgage to The First National Bank of Grand
<br />15fand, Grand Island, Nebraska, tsecoX as Document SRO-004]49
<br />in the hortgage Records of Ha] : ~ ~^_ County_ Nebraska
<br />The undersigned agrees to pay such extended balance of principal of Thirty-two thousand
<br />five hundred and no-'100----------------_-------(53,500,00 ), together
<br />with interest thereon at sixteen t16)_ _ 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 />Ril o£ the covenants and agreements in such original note and the Rea! Estate Mortgage a-
<br />ttove"described, other than hereinbefiore modified, shall be and remain unchanged and in
<br />full force and effect during such extended period. I f default be made in payment of any
<br />principa! sum, the entire principal sum with interest ttrerec>n shalt t,ecome immediately
<br />due and payable at the election of the legal holder thereof.
<br />In further consideration of such extensron of time of i~ayr a_nt of suctr indebtedness, (here-
<br />by ratify and confirm such mortgage recorded as :)o~~ument =80-004149
<br />in Real Estate Mortgayr records of rya 1 1
<br />County, _ Nebraska .rs the tit st mortgage lien upon
<br />the real property described therein, and thee whraie of the title thereto as now owned by me.
<br />The undersigned executes this Extension Ayrnement wrrh reference to and on the faith and
<br />credit of their property, which they now own or have an interest in ur I.ereafter may ac-
<br />guire; the express intention being to charge and to continue to charge any and all of such
<br />property with t`~e payment of the indebtedness, the p.rvment of which is herein extended.
<br />IN WITNESS WHEREOF, the undersigned have hereunto set thrs hands this__ 4
<br />day of February, 1981
<br />.".,onr_.~ Camp^r_ents, .,Inc.
<br />t't: Thomas Simonson, President
<br />STATE OF /aj,,~,fi.,,(, ,~~~,,,~,~ }
<br />~i t
<br />COUNTY OF t~2s~:~,1-r_ }
<br />~,
<br />The for oing instrument was acknowledge before me this ; ~'~ da of
<br />Y
<br />t 9 Y r ------
<br />-- ~ by -~- __
<br />r
<br />\_
<br />--=~'~c`.~~"cam-L.. _ ~`_ ~.c_-K.->-:../
<br />Notary"Pub I
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