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<br />EXTENSION AGRPT
<br />81--~il~1~~7
<br />Ia cosesideratioa of the extenaian of the-time of payment of the or#gaal prtstt~~ar~
<br />aaEe hereinafter described, the undersigned, Thoatas M. Nelson-and Maureen:Nelg~sn
<br />, hereby covenant and agree to pair to Tl-e First Nstlotta3•
<br />k of Grand Island, Grand Island, Nebraska, ar order, the principal susraf
<br />THIRTY T~ausArm AND Nollaa----- --- -------~- {~ 3tt,fl~a.Ot} },
<br />together with interest thereon at _per cenC per annum from the-elate hsracrf,
<br />each swm to be gayable on Suly S,'3~9I~ Interest shall he payable-at•matux#ky
<br />on Suly 9, 1981
<br />'The original principal note in the amount of THIRTY THOUSAND.AND NC1110a,IHlL~ARSs-^---y-
<br />Es_~o_.oaa.aa ) was executed and delivered by the undersigned under Che date of
<br />Jti61,Y 4, 1980 to The First National Bank of Grand Island, Grand Island,
<br />Nebraska, and was due and payable on the 9th day of .Tanuary, 1981 , together-
<br />with inteFESC at il, per cent per annum and secured by Aeal Estate fksrtga$e
<br />to The First National Bank of Grand Island, Grand Island, Nebraska, teeorded as
<br />hc,c,*~r., fttta_aa3381 in the Mortgage Records of Hall County, Nebraska
<br />The undersigned agrees to pay such extended balance of principal of THIRTY THOUSAND-
<br />AND l~ilaa 1N1LI.ARS_----_-_-($30,000.00 }. together wi[h interest thereon at
<br />~~ per cent per annum, such principal and interest to he payable in lawful
<br />money of the United States of America at The First National Bank of Grand. Island,
<br />Grand Island, Nebraska.
<br />All of the coveaanta.and agreemEnts in such original note and the Real Estate Mortgage
<br />above-described, other than hereinbefore modified, shall be and iemain unchanged and
<br />itt full force and Effect during Ouch extended period. If default be made in payment
<br />+~~+~~ ___ rt,e art,-.. prt„ctpal m,~ ,?trh interest thereon; shall become
<br />rss any pr~..,._,.~ _
<br />iusaediately due and payable at the eiection of the Iegai holder thereof.
<br />In further consideration of such extension of time of payment of such indebtedness,
<br />I hereby ratify and confirm such mortgage retarded as Document !~80-003381
<br />in Real Estate Mortgage records o£ Ha11 County, Nebraska as
<br />the first mortgage 21en upon Che real property described Cherein, and the whole of
<br />the title thereto as now aw:.ed by me.
<br />The undersigned Executes this Extension Agreement with rEference co and un the fait`
<br />and crer~it of their property, which they new awn or have an interest in or hereafter
<br />may acquire; the express intention being to ehargE and ca continue to charge any and
<br />all of such property with the payment of the indebtedness, the payment of which is
<br />i;°reiu extended.
<br />IN tiITNESS WHEREOF, the undersigned have hereunto set th hands this 10th day of
<br />.4pri1`I981
<br />C
<br />OIIiaE E San -
<br />~~~~'~~ :~ Ili _
<br />Maureen a son
<br />STATE OF NEBRASKA )
<br />)SS.
<br />COUN?Y;~aF HALL )
<br />Oa tb3sr lath day af_ April, 1981 before me, the undersigned a Notary Pub11c,
<br />i;n aRd €<sr Hall County, personally came Thumaa M. NElson and MaurEEn Nelson
<br />personalty known to me to be the identical persona who~.namea
<br />are affixed to the above and foregoing Extension Agreement as makers, and [hey
<br />aekaarledged said insireuiEnt and the Execution thereof to be their voluntary net and
<br />ds~ect for the purpose therein expressed.
<br />IM,TLSTIME~tY NiiL6$~I have hereunto affixed my~and and affici~l seal at_
<br />f an the day and year t above written
<br />J rsq ` ~, ~ ` f"`. _
<br />F ~.„ :' '- 2 ~ Notary Public
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