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EXTENSIC)N AGREEMENT gl„Ut~579 1n consideration of the extension of the time of payment of the original promissory note hereinafter described, the undersigned, Dailas L. Kiburz and Nancv L. Kiburz, Husband and Wife ,hereby covenant and ar3ree to pay to Thee First Natioziat Bank o Grand tsland, Grand Island, Nebraska, or crder, the principal sum of Ten Thousand and NOl100------------°------------------------------------------------- S tn_On0.On together with interest thereon at eighteen ~r cent per annum from the date hereof, such sum to be payable on Ma~19,_19A? Interest shat# be payable at maturity on Mav 1~.~ 1982 The original principal note in the amount of Ten Th -------------------- _________________________ (5 10.00n.09 ~ was executed and delivered by the undersigned under the date of June 2. 1981 to The First National Bank of Grand 9s#and, Grand Island, Nebraska, and was due and payable on the 13th day of November. 1981 ,together with interest at seventeen & one-half per cent per annum and secured by R~~e Mortgage to The First National Bank of Grand tsland, Grand Island, Nebraska, c as_ pocament # 31-003305 _ _ __ in the Mortgage Records of Hall County, Nebraska Tht undersigned agrees to pay such extended balance of principal of Ten Thousand and NO/100------------------------------------------------ (S 10,000.00 ,together with interest thereon at etg teen & one-ha 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 original Hate and the Real Estate Aortgage a- hwe-described, other titan hereinbefare modified, shall be and remain unchanged and in full force and effect during such extended period. ! f default be made in payment' of any principal sum, the entire principal sum with interest thereon shall became immediately 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 Qncumpnt #81-003305 in- Real Estate Mortgage records of _ Hall __J. County, .Nebraska as the first mortgage lien upon 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- quirt; 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 WHEREgF, the undersigned have hereunto set this hands thisl~__ STATE OF Nebraska ) CQtJNTy C1F~ !~_~~~ ) The foregoing instrument was acknowledge before me this 18th _day of ~(~~ -~ t9 8i ~ by L~si l as L • Kt burz an~"y` ~ turz; Hus a6" nom. "'""'- t ~_. fl E r<~~ r~ i aim ~ ~,~ i `'~ ~..,'~ .> L ~ Cot~issio ~stpire&+;,c~Y'~, ''`-"~ Notary public :~ _a;' . Legal pescriptt ';`,;::~~~_~~ lock 3 in Brentwood Second Subdivision, Nall County, Nebraska. - ~~1~~- ---- ~,....