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81-- ~) t - 3'715
<br />EXTENSION AGREEMENT
<br />In consideration of the extension of the time of payment of the original promissory note
<br />hereinafter described, the undersigned, Karl A- Wi '
<br />hereby covenan and agree to pay to 'The First
<br />~ , Natrona) Bank o Grand Island, Grand Island, Nebraska, or order, the principal sum of
<br />~Fif~ty Thousand and NO 100-------°-- ------------------------------------------------
<br />(S 50.000.00 ,together with interest thereon at ~i teen (18.OOlpQr cant per
<br />annum from the date hereof, such sum to be payable on October 13. 19$1 Interest
<br />stia{t be payable at maturity on October 13. 1981 .
<br />The original principal note in the amount of Fift Thousand and NO 100------------------
<br />_________________________ (5 50 000.00 was executed and delivered by
<br />the undersigned under the date of July 15, 1980 to The First National
<br />Bank of Grand Island, Grand Island, Nebraska, and was due and payable on the 15th
<br />day of July, 1981 , together with interest at Thirteen (13.00) per
<br />cent per annum and secured by R~~te Mortgage to The First National Sank of Grand
<br />Island, Grand Island, Nebraska, k as Document N0. 80-003574
<br />in the Mortgage Records of Hall County, Nebraska
<br />--
<br />The undersigned agrees to pay sucn extended balance of yuri;,cipal .,~ , ••,..t.-..••..
<br />and.NO/100---------------------------------------------f5 50,000.0 ), together
<br />with interest thereon at Eighteen (18.OQ~, per cent per annum, such principal and
<br />interest to be payable in lawful money of the ))Wiled States of America at The First Nat-
<br />ional Bank of Grand Island, Grand Island, Nebraska.
<br />A!I of the covenants and agreements in sucl} origina( note and the Real Estate Mortgage a-
<br />bove-described, other than hereinbefore 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 />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, I here-
<br />by ratify and confirm such :~ortgage recorded as Document No. 80-003574
<br />in-Real Estate Mortgage records of Ha
<br />County, a ras a , as the first mortgage lien ~r~wn
<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 and on the faith and
<br />credit of their property, which they 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 seE this hands this
<br />day of July 1981
<br />STATE OF Nebraska )
<br />I
<br />COUNTY 4F Lancaster )
<br />f
<br />- Ka .Witt
<br />The. foregoing instrument was acknowledge before me this 15th _day of Jul~_
<br />t 4 81 by Karl A, Witt.
<br />(`` ,nf' 9 ~ I3
<br />( ~,
<br />`~-"1~.-~ .-~.
<br />----~ Notary Pub is
<br />), %,, tom,
<br />~~#~~~: ~rsr;~e
<br />._? „,..~,, ..__, . ,....rs
<br />~,aa~rsl W. 1t~3
<br />Legal OesCription: Lot 30 & the E24' of Lot 9 all in 81k 4 in plea::ant View P,ddR W " :af Lot 1 in
<br />Blk 3 of Pleasant 1~riew Third t~dd, T!a'i !:n., Net;
<br />
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