A & L FARMS, INC.
<br />jr.,~.~~~~."`..)
<br />8i-oa31~s
<br />1:7CT1iNSI0N AGREEMENT
<br />In consideration of the extension of the time of payment of the original promissory
<br />note hereinafter described, the undersigned,__A 6 L Farms, Tnc by Robert W L
<br />and Thomas I.. Anderson hereby covenant anel a ree to '
<br />R pay to The First Nati~sl
<br />Hank of Grand island, c;rand island, Nebraska, or nnder, the principal sum of
<br />TWELVE THOUSAND FIVE HUNDRED A1TiB NO/100----_--°--------.,---~-__~Y-
<br />together with interest €herean at _ '~ "--~ `" y~~'- ~S 12,5D0.00 }_
<br />},$___ ~:er cent per annum from [he dacte heteo:f,
<br />such sum to be payable r,n_ .Iune i_5,,__1982_~_, Intcrest shall be peiyable at maturity
<br />on June 15 L 1982._ -__~_y - -~- ,
<br />The original principal f,ote fn the amaunt trfTHIRTY-FIVE THOUSAND AND NO/100--------~
<br />. ~_.___._ ~ _ y g
<br />($ 35 000._00 i was execucud and delfvered b the unclersi ned under [he date of ~
<br />,1~~.14 ._.j47~___,_. t.,+ 'flsi First "tatic;nal Hank «,f 2;rand Island, Crand Island,
<br />ftebrasks, and va:e ~.fuc .,etd ;,ayablc un the i.4tii_,iay ut Juue 1"7T
<br />with interest at -- > together
<br />__$„$~+ __~~er cent. per annum and secured by Real Estate Mortgage
<br />to The First ":atlcnal frank of (:rand Island, ;.rand Island, Nebraska, recorded as
<br />Saok 165 at P~g_4_~~ ___~ifr the :§R:,rtgagc Recnrda c,f !fall Count
<br />_ y. Nebraska
<br />The undersigned .egrees tc> ;ay zueh extended !?alane :ef principal o€ TtiELVE THOUSAND
<br />FIVE h1'NURY~ niT) ~t0/I00_------(S,_?X_~C}ft_(1p_ j, toga•tht;r with interest thereon at
<br />Fourtegn_.~4~pcr cant ;,«•r annum, 4urle f?rlncf;~.ri .tnd fntereat to 6e payable 1n 18vfu1
<br />maney of the !'nited tii:rre:~ ,?f Arreeri,a :rt lt:e test 'rational Bank of Grand Island,
<br />Grand lslund, ;.cF:raak.r.
<br />Ali cf the covenants ;:nd agreements 3n surte c,riein:,l :rote and the Real Estate Mortgage
<br />aba:re-described, .:,tf:er ;ban ':creinbefare noclifi.~sf, .teal! 1Jr send remain unchanged and
<br />in full foree :end ,•fft~,.t c:urlnq !:oat: ~xt«•rdcd ,,c•ri,~~?_ if default be made to payment
<br />of any principal ;. c3 y, t;,e t^ntire ,=rt=,cipai Wum ~.:rtf interest thereon, shall become
<br />immediatcty due .end (tavatJit• .r t. t„• t•lceein;t of tha" fecal f,ulder thereof.
<br />to further ta~nsiderat..,n .,f ,uch .•xt~nsi:~n .ri !rmr .«vs;rer.t oaf such indebtedness.
<br />I hert'by ratify :and .:~ntlr:^. '+u.:h znrartK.'eKe rcc•~r,.~;: _ ;ki„Y ,
<br />in Keal t.atata R}riRar= 'a'<,,rcSs 2 i<si -- ---_
<br />_ -tRi ~` 3SK1 __ __ _ , 88
<br />the firm ~rtK',;;c rr -. ,a ra.e: it"f,erc-: •.t ,;,.«<; as-rein, and _hr whole of
<br />flee [it.e ttacr«.`iG~ es .t.,•1 ~~az,... s,v ,c,
<br />The undo°rsigtsec , ,, xi_r n .', ;; c ', -,~fe•ronrr f
<br />snd ?redit of iv and nn [hc aith
<br />..a a. c I'. ~ rye t.' -t'V L ~,1'.`«' .1 t1 .:etereat f:l ) t$P_
<br />say ar;uirc; - ~_ ~r reafter
<br />r ., fe '"n ` '++ iz:: c': ~L:^.u,: C~ c-httr.e any and
<br />all of ouah t.r .l.crt , z. •-, ev~z ar .f ,
<br />t . ait.a~:, .... ;=:ty°ment c,! wt: Leh is
<br />herein „xCenda•:.?. `
<br />~„ ,:I3::I:S*s xfif:ftt---:• _t:e• .::.sc~r~; te~~
<br />,:eve .-,•z.•.:^t' `;ands this f Ott:
<br />?one, `?Sl day of
<br />~.- ----
<br />_~' ''Robert Lassen
<br />TAIH r)F `ret;raska , `~ T'3°~'~s erson
<br />.~_._._._._..__.. _ _ 7 `*S .
<br />+=C+~TT OF ila d. ; }
<br />rhi this `+t!: dnY ~.;« -. u;tE 3`a= ,.a-i- r= .
<br />_. .,
<br />in :utd or rat: '" .~a r er igned a ..otary Public,
<br />soli [r L .._ ---. `Jilt , :r•n c,P,:e1:. "'M' _r. ___ -r; "e,?n L tYOf~,1& L. ::tnQerSan
<br />+ r:,, r,s • : ana,wn t tr, t t, e ue; t Scat persot:s :,ho;te names
<br />are affixed to the a*, .a .,f,.i t<.. vin r.xi«n4
<br />'~ r{ zc:: ;t,,,.aa•fas~nt ih :rakers, and they
<br />aeknotrifdg,;.d quid ;.Hate z'rrc=at ,«r ' : a:a~ efrecut t h,~ea~.r:
<br />:a, 4e ;heir valun[ary act and
<br />deed far the ;+u -<sa• cra•z,a rc•~:srd. '
<br />1:V TFS`I1~rNY '.:i1f;Al;ttk"",
<br />c~n¢_is~'i~braska
<br />".
<br />~ r "
<br />~'~ _
<br />t.
<br />.'zx.
<br />-.._,•a' ..a,x. ....t4+ .ei. fX4 ,. -. .arr,f ..asl ~.. ... L.xl -s a:al at
<br />-ua flea- :'.ay .and t•cat. l:z~T +at:nve wrf~tt«rn, _--
<br />: :~Y ~..r - ~f ~, .
<br />crtary i'ublic
<br />i. _-
<br />~~L
<br />
|