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EXTENSi©N AGREEMENT ~~"~~)~i50~3~s In tonsidtration of the extension of the time of payment of the original promissory note hereinafter described, the undersigned, William A. Petersen and Sandra K. Petersent Nttsbatrd and Wife ,hereby covenant and agree to pay to She F'~-st Natr~or-al an o -rand Island, rand !stand, Nebraska, or order, the rinci al sum vi Thirty-Five Thousand and NO!?00--------------------------------------- P ----~---------- #$"""'"3S;ot1U.~tT ), together wrin ~b~ieresi inereair annum rom the date hereof, suclasch 29,b1 payable an shaft be payable at maturity on 98 r cent per Interest The original principal note in the amount of _ ------------- -- (~ ~~ nntl ~ was executed and deliver by the undersigned under the date of to The First National Bank of Grand Island, Grand Island, ebraska, and was due and payable an the 94th day of September, 1~1 ,together with interest at fourteen _per cent per annum and secured by R al ~{spt,~ to Mortgage to he First National Bank of Grand tsksnd, Grand Island, Nebraska,r~~~iRIEA as Document No. 80-005428 in the klortgage Records of Hall County, Nebraska The undersigned agrees to pay such extended balance of principal of Thir -Five Thousand and NOJ100----------------- -------------------------(S 35,000.00^ ,together w'-fh interest thereon at etg en per cent per annum, such principal and interest to be payable in law ul money o the United States of America at The First Nat- ional Bank of Crand Island, Crand Island, Nebraska. All of the covenants and agreements in such original note and the Real Estate Mortgage a- bove-described, other than hereinbefore modified, shall 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 interes*. thereon ,shall became immediately slue and payable at the election of the legal holder thereof. In further consideration of such extension of tim Document Not SOS005428debtedness, l here- by ratify and confirm such mortgagt recorded as iR Real Estate Mortgage records of ounty, Nebraska as the first mortgage lien upon the real property described therein, an 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 and all of such property with the payment of the indebtedness, the payment of which is herein extended. IN WITNESS WHEREQF the undersigned have hereunto set this hands this 29th day at September, I9~1 f 1G SFY~~ Y ~ J~ 1 )~~3~ „~ ~ Rsa e'deer William A. Petersen y/-- S dra K. Petersen -STATE OF 1 C@ttNTV 6F hull 1 Thy ioi~aguirtg ins<trs cknowledge before me this 29th day of ~ tip, ' . by Wi 11 tam A. Petersen an an ra ~R. Petersen u .r..., - - - _ _ ~ ti- l~ Colwaissitm i:xp ~ °l~'~~,~ / /~ .~ r~ ~r`.~f `~,,~,_._`.._ .~ ~- ~ ; ~,, t,8pill Fi'assriptitxt. - '~f~"~it~ ~ }4 in ~ Notary P 31c ~~~` Clausen Country Vi ~11 County, Nebraska