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ExT~NSIC~~ AcR~E.1=~.~ ~ ~~.-" t2 <br />In eonsideratlon o-f the extension of the Lime of payment of the original promis¢~sry Hoke <br />hereina€ier described, the undersigned, Karl A. Witt, A Married Person <br />hcrei5y covenant and agree to pay to `fie First <br />National ank a rand Island, Grand Island, Nebraska, or order, the principal sum of <br />Thirt -Five Ttmusand and NO l0 --------------------------------------------'-----____-- <br />$ 00~0.0~0 toget. er with 'snterest thereon at 18.50 per cent per <br />annum horn the date hereof, such sum to be payable en January 11, 1982 interest <br />shall be payable at maturity on January 11 , 1982 <br />The original principal note in the amount of Thirty-Five Thousand and Nof100---------- <br />---------------------- ($ 35,000.00 was executed and delivered by <br />tfie undersigned under the date of Ju y 15, 1980 to Tha First Nationa! <br />~arik of Grand {stand, Grand Island, Nebraska, and was due and pa;•atle on the 15th <br />day of July, 1981 ,together with interest at Thirteen {13.00) per <br />cent per annum and secured by R~~~e Mortgage to 'the Fsrs2 National Bank of Grand <br />Island, Grand island, Nebraska, as Doc. No. 80-003573 <br />in the Mortgage Records of Hall County, eras a <br />The undersi ned a9~rees to pay-such extended balance of principal of Thirty-five <br />Thousand an~ NO/100------ -------------------------~$ 35,00 ), together <br />with interest thereon at egg een one-half per cent per annum, such principal and <br />interest to Ise payable in law ul money of the United States of America at The First Nat- <br />ional Bank of Grand Island, Grand Island, Nebraska. <br />Ati of the covenants and agreements in such original note and the Real Estate Mortgage a- <br />bave-described, other than hereinbefore modified, shall be and remain unchanged and in <br />foil forct and effect during such extended period. f 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, 1 here- <br />by ratify and confirm such mortgage recorded as Doc. No. 80-003573 & Ext. 81-003716 <br />in Rea! Estate Mortgage records of Hall <br />County, a ras a as the first mortgage lien upon <br />the real property described therein, and tl~e 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 underssgrted have hereunto set this hands this 13th <br />day of October 1981 <br />f j <br />!l ~ 1, ~` <br />a , <br />STA'CE OF 1 <br />GQUI~I'FY OF Lancaster i <br />~~. <br />That forgg I tnstrwment was acknowledge before me this ~,- day of ^-~-- <br />-...~~ t~~.$1.____ by Karl A. Witt. A Married Person <br />a} <br />i~r~trsf-~ ~~~:~~tat: ' ~ <br />"t ~ - ~ .~ <br />~~_ ~ ~ <br />e':4``-*ar K£;~::"'~cA ...Notary Public f <br />~OCi/41l~sra;m v_.~Plt&C t ~. <br />legal `~ -119 in 8uenavista Sub., Hall Co., Nebraska <br />