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8.L'°~IUc~i(1E7 EXTENSION AGREEMENT In consideration of the extension of the time of payment of the original promissory note hereinafter described, the undersigned, Karl A. Witt, A Married Person hereby covenant and agree tb pay to llie First Natranal Bank o Grand Island, Grand Island, Nebraska, or order, the principal sum of Thirt -Five Thousand and O ----------------------------------------------------- $ 35,000,00 together with i~~terest thereon at Ei hteen 18.00) per cent per annum from the date hereof, such sum to be payable an October 13~ 1981 Interest shall be payable at maturity on October 13, 1981 The original principal note in the amount of Thirt -Five Thousa d and 1 0------------ -------------------------(5 35,000.00 was executed and de(ivere by the undersigned under the date of July 15, 1980 to The First National Bank of Grand Island, Grand Island, Nebraska, and was due and payable on the 15th day of July, 1981 together with interest at Thirteen {13.00} per Cent per annum and secured by ~ to Mortgage to The First National Bank of Grand Island, Grand Island, Nebraska, as Doc. No. 80-003573 in the Mortgage Records of Hall County, Nebraska l e un er r .cf »a:: ert~rµed halanrn of princioal of Thirty-Five Thousand an NO/10 ----------------------------------- (5_35,000.00 together with interest thereon at Eighteen {16.00} per cent per annum, such principal and interest to be payable in lawful money of the United States of America at The First Nat- ional Bank of Grand Island, Grand Island, Nebraska. All of the covenants and agreements in such oriyinai note and the Real Estate hlartgage a- bwe-described, other than hereinbefore modified, shalt be and remain unchanged and in full force and effect during such extended period. If default be made in payment of any principal sum, the entire principal sum with interest thereon shall become immediate{y due and payable at the election of the legal holder thereof. In further consideration of such extension of time of payment of such indebtedness, 1 here- by ratify and confirm such mortgage recorded as Ooc. Na. 80-003513 _ iri Real Estate P.iartgage records of Hdll County, a ras a as the first mortgage lien anon the real property described therein, and the whole of the title thereto as now owned by me. The undersigned executes this Extension Agreement with reference to and on the faith and credit of their property, which they now own or have an interest in or hereafter may ac- quire; the express intention being to charge and to continue to charge any anc! all of such property with the payment of the indebtedness, the payment of which is herein extended. 1N W4TNE5S y4HEREOF, the undersigned have hereunto set this hands this 15th _- day of July, 1981 STATE 4F ~.~i~SKA _~ C©UNTY OF Lancaster } ~- ' ~,. , i Kar1~A. Witt The foregoing instrument was acknowledge before me this_ 15th day of July ~ s 81 _ by __ Karl A. Witt. 1 Slfellep n~ , - ,. t Notary Pub c {sa-eh l~, 1~13~ Legal Description: Lot 119 in 8uenavista Sub, Ha11 Co „ Nebr.