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<br />.>N
<br />law
<br />Fi%TFNSibhi At RFEMIENT
<br />8I- c1t-429~
<br />In consideration of the extension of the cline of payment of the original promissory
<br />note hereinafter described, the urtdersigned,~ Ho-Ott-Schu Land CvmpanY ,
<br />Grand Island, Nebraska ___ hereby covenant and agree to pay [o The First National
<br />Bank of Grand Island, C,rand Islarxl, Nebraska, or order, the principal sow of
<br />SEVENTY THOUSAND AND NO/100--------_-^___~ -_-- _-_-------~-----(S70:000.00 ),
<br />together with interest thereon at 17 _per cent per annum from the date hereof,
<br />ouch sum to be payable on _September`28, 1981_. Interest shall be payable at maturity
<br />on September 28, 1981 -- -~~ _ ~~~
<br />The original pzincipal note in the amount of_SEVE_NTY-NINE THOUSAND S NO/100 DOLLARS ,
<br />($ 79,000.00 ) was executed and delivered by the undersigned under Che date of
<br />December 3I,~1980 to The First National Bank of Grand Island, Grand Island,
<br />Nebraska, and wax due and payable e~ tt=~ Z'~t y:isv of March, 1981 , together
<br />with interest at___ 1.8X~ _per cent per annum and secured by Resl Estate Mortgage
<br />to The First National Bank of Grand Island, Grand Island, Nebraska, recorded as
<br />Document tr81-000122 ~ ____.in the Mortgage Records of Hall County, Nebraska
<br />The undersigned agrees to pay such extended hal:tnce of principal of SEVENTY THOUSAND
<br />AND NO/100 DOLLARS ($ 7U,000.00 ), together with interest thereon at
<br />__ _~aer cent per annum, such principal and _ntereat to be payable in lawful
<br />money of'the United States of America at The First National Bank of Grand Tsland,
<br />Grand Inland, Nebraska.
<br />All of the covenants and agreements in sueh original noCe and the Reat Estates Tortgage
<br />above-described, other than hereinbefore modified, shall be and remain unchanged atkl
<br />in full €orce and effect during such extended period. If default be made In payment
<br />of anq principal sum, the ant ire principal sum ~.ith interest thereon, shall become
<br />iesedlateiy due and payable at the election of the legal holder thereof.
<br />In further eonsideraeion of such extension of time of payment of such indebtedness,
<br />I hereby ratify and eonfirat such mortgage recorded as Document ii81-000122
<br />in Real Estate lltartgage rcc'ards .,f Hall _ (:ounty, Nebras a _, a8
<br />the first mortgaxa: t ien eepote th.: real propLrty ,ie•5crihed the[ein, and the •rhole of
<br />the title therein xx n[tw <,r,nc.o by me.
<br />The undert:tgned executw'3 [his i~:xCcrn;:ian Agr<*e~n~nt with reference to and on the faith
<br />and zredit .rf tt,rtr prvi.c~rty, which tt,cy new :,wu .,r tertv.° an interest in or hereafter
<br />may ari:luire; the ~=xF:rr:+s intrntivn t„-tux t:, Gh:ir;t• rtn:# L;, eantinue to 4hargr; any sad
<br />all of such prapercy with the payrtsc•nt r,f the indebtedness, th~a payment of which i9
<br />herein e:x[ended.
<br />1N iiITii€SS :1ti1:.RE0P', thG untiersignt:d have ttarcunto set this hands thls,_30th day of
<br />._ ~,aYCh+._ i_~~:` .. .. _ _. -' - fI0-07T-SCHU Ia1ND t~(?MPA~NY
<br />_ `y.'a~)C~„~~c"f~' /~< fL- ` w.::fie~ ~Yt"es3iT~'gt
<br />~y: ~-,~_ - __
<br />By; Tom Hoe Secretary
<br />_... _._~ _ _ _ ~-- aj-e ~.-.EcFuppa n v c ua
<br />STATT~ Of~ NEBRASKA ) By:
<br />__ ___...- )SS. ---5 _ ~ •I. ~ D;to, ividu~.lly
<br />COUNTY oP HALL ) By:a_.- r~ -~~, ',f
<br />t~A
<br />v - ~- ~ Tom HoefC, Ind idually
<br />th- thfa 3OCh day ui March, 1981 b`erforc me, the undersigned a Nut rY Public,
<br />in aAti fos ~ t:a.trety, t.zravuatty catae Hex J. N. Ottoi~fom HoeiC, _and
<br />~~ ~w____-~JxsFSOnally known to me to het the identical persona whose names
<br />are al~ to the abavo and foregoing l:xtensian Ay,recment as makers. and they
<br />a~knowltdged said instrumeut and the executian thereof co be [hair valuntary set and
<br />deed i0r thr puFpuse therein exprer;sed.
<br />IFi FEST1. iERF.OF, I h.tve hcreunta aiCixed nfy Itynd :end uttielal stal at- --_____~....__
<br />rlrat+d sake.... - c>n th+~ day and year t .tbava written
<br />tt _ - - -~
<br />~'' ? .~, taste - - ~ u ~ Notary-Public
<br />a ~, swtS ,' p
<br />•., ~o- : ~ a
<br />'X~~,. ~ ttt .-~. ~ !' "~~ RE. AERS ~f ~` ~!` #`"'-` .z.' / ' >~=~ ``t .'..' j ` .n._~ . y
<br />~~ f?f MI~~~F ~.~11'::!'r.~.r'` :~ ;r- . if ....._._~_ Reii. d peels
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