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EXTENStt~N AGREEMENT g~'~ ~v ~ ~~~
<br />In cansidertation of the extension of the time of payment of the original promissory note
<br />hereinafter described, the undersigned, Mi,dl~d Build
<br />hereby covenant and ar~ree to pay to a Ftrst
<br />Na rtiiviai sn o ran elan ran 1Bland, Nrhraska, or order, the principa# sum of
<br />Fifty-six thousand five hundred and nnllQQ-------------..-__-~,.,.,,,,.~;~._~._~~
<br />annum rom t e date ereof; such sum to be payable on
<br />she## be payab#e at maturity on c3etober i0, 1481
<br />Interest
<br />The sari final principal note in the amount of Fifty-six thousand five hundred and.
<br />no/10~ --------------- ~g 56, 500.00 was execut an a rver y
<br />the undersigned under t e date of October 5 1479 to The First Nat#ona#
<br />Bank of Grand Island, Grand Island, Nebraska, and was due and payab#e on the 2nd
<br />day of April, 1980 ,together with interest at 12.50
<br />cent per annum and secured by Rt~E~f~d Mortgage to he first Nations ink o Grand
<br />#sland, Grand Is#and, Nebraska, tltl as Documents #74-0465 2
<br />in the Mortgage Retards of Hall ounty, mph,-,;~crA .73
<br />The undersigned agrees to pay such extended balance of principal of Fifty-six thousand
<br />five hundred and noi100-----------------------(S s6~5,~n_nn ), together
<br />with interest thereon at 15.00 der cent. per annum, such principal and
<br />interest to be payable in law ut money of the United States of America at The First Nat°
<br />tonal Bank of Grand island, Grand Island, Nebraska.
<br />Ali of the covenants and agreements in such original note and the Reai Estate Fortgage a-
<br />bovoe-described, other than hereinbefore modified, shai! be and remain unchanged and in
<br />full force and effect during such extended period. t f default be made in payment of any
<br />principal sum, the entire principal sum with interest thereon shall become immediately
<br />due and payable ai tht election of the legal holder thereof.
<br />In further consideration ref su.Jl cxtE^siwn Uf timY of payment of such indebtedness, 1 here-
<br />b~y ratify and confirm such mortgage recorded as Doucments #79-006562 #80-001521 &
<br />#80-005773rn Reai Estate Mortgage re=,:ords o~ H_a`ll
<br />ounty, Ne reeks as the first mortgage lien upon
<br />the real property sort t erein, and the .riSOlc of the tit{e thereto as nova owned by me.
<br />The undersigned executes this Extension Agreemznt with reference to and on the faith am
<br />credit of their props:ty, which they now own or have an interest in or hereafter may z--
<br />G.:ire; the expreRs intention being to charge and to continue to charge any and aII of such
<br />property with t4~e payment of the indebtecfnes„ *.he i;ay +er,t of which is herein extended.
<br />iN WITNESS WHEREOF, the undersigned have hereunto set this hands this l3____~__._-
<br />day o! ri ,;,,98i _
<br />ytirl3 and Rui~dP
<br />rS
<br />LnC
<br />,
<br />. ,
<br />•
<br />
<br />Thomas F. Groom Sec%Tres.
<br />STATrs OF t~ebra i a )
<br />_~_..~.... ~r Rf ~-)
<br />t~E1ld~il'~y ~f ~, ~ _)
<br />Thst tt~ro~i ~t;ru~a'~.. cadge before me this_ 13 iiay of
<br />r%4f- ~ i by `1'hemas F. Gznoms, .~cretB~3'~.f'SFili~'Q...~_ _
<br />rty Cei s;airsn Expires#; 3i 2r'8A . ~ ~.~ <, ''~ ) ,~ , f'
<br />_ ~'
<br />atary fhr 'fc
<br />r?f
<br />taegr~l--fit 9 Block Z Cotraniai Estates Subdzvi.sion
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