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<br />EXTENSION AGREEMENT
<br />81--ootio6i
<br />In consideration of the extension of the time of payment of the original promissory note
<br />hereinafter described, :he undersigned, Fox Construction, Inc.
<br />hereby covenant and agree to pay to the First
<br />NaUO~al Bank o Grand stand, Grand Island, Nebraska, or order, the principa! sum of
<br />- --°-------------------------P-
<br />$ 49.200.00 ,together with interest thereon at sixteen per cent er
<br />annum from the date hereof, such sum to be payable on October 19, 1981. Interest
<br />shall be payable at maturity on October 19, 1981
<br />The original principal note in the amount of Fart -Nine Thousand Two Hundred and
<br />No/100-----------------($49,200.00 was executed and delivered by
<br />the undersigned under the date of August 31, 1981 to The First National
<br />Bank of Grand Island, Grand Island, Nebraska, and was due and payable on the 27
<br />day of February, 1980 together with interest at eleven per
<br />cent per annum and secured by Re~al~E_st4ge,h!ortgage to The First National Bank of Grand
<br />151and, Grand Island, Nebraska, k~` g Document #79-005701, #80-001079 &
<br />in the Mortgage Records of Hall- County, Nebraska -
<br />The undersigned agrees to pay such extended balance of principal of Forty-Nine Thousand
<br />Two Hundred and No/100-------------------------($49,200.00 i, together
<br />with interest thereon at Sixteen 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 (stand, Grand Island, Nebraska.
<br />All of the covenants and agreements in such original note and tl~e Real Estate Aortgage a-
<br />bove-described, other than hereinbefore modified, shall be and remain ;~rchanged and in
<br />full force and effect during such extended period. {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 at the election of the legal holder thereof.
<br />In further consideration of such extension of time of payment of such indebtedness, t here-
<br />by ratify and confirm such mortgage recorded as Document #79°005701, #80-0010?9 &
<br />#80-005775 in Real Estate Mortgage records of Hall
<br />County,_~ N~laxaska ____-_ ___________ _ _, as the first mortgage lien upon
<br />the real property described therein, and the whole of the title thereto as now owned by me
<br />The undersigned executes this Extension Agreement with reference to anr? on the faith and
<br />credit of their property, which t;~ey now own or have an interest in or hereafter may ac-
<br />quire; the express intention being to charge and to continue to charge any and all of such
<br />property with the payment of the indebtedness, the payment of which is herein extended.
<br />IN WITNESS WHEREOF, the undersigned have hereunto set this hands this 22
<br />day of April, 1981
<br />STATE OF
<br />COUNTY OF
<br />The foregoing
<br />April
<br />My Gomntissiert,-Expires:
<br />-,= , r
<br />z,;
<br />Legah~i~scription:
<br />-s.
<br />•+.'~~
<br />..,
<br />Fox Cof~~ruction, Inc.
<br />Charles E. Fox, President
<br />before me this 22 day of
<br />arles E. Fox, res~~Fox
<br />Corporation.
<br />0~ NEBRt'S~~ ~ ~ `~ ;
<br />7/2/84 r i ~L ~f' ~l 1 ` ~fX~'~"J L'
<br />Notary Pub is
<br />Lot Seventeen (17} Former View Sub, Ha11 Co.
<br />
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