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<br /> `"`""'""��'' EXTENSION AGREEWIENT FOR DEED OF TRU9T
<br /> , �_.
<br /> � � THIS A�reement Is madA as of this Bth day of February, 1997, by and betwoen FIVE POINTS __
<br /> ' e BANK,whose mallinp addrass Is P.O. Box 1607, Orenci Island,Nebraske 88802-1607(herelnafter"Lender'), _,.._. -
<br />_ ,�, the o►vner end l�otder oi the ceRaln Promlasory No te tor$5 0,O O A.0 0 d a t e d A u g u s t 2, 1 9 9 6 g l v e n b y M l c h a e l G =_
<br /> 4�. P. McDermott,singte peraon, (hereaft�er"Borrowers")and secured by the certaln Dead ot Trust of tho ceRsin �
<br /> real estate thereln descrlbed, situated, lying end being In Hell County,Nebraske, end more particularly \�
<br />:� ' described as fofl�wa,to-wit:
<br />��� L�t S{x (8), 61ock TVuenry-two (22), Charles Wasmer's Additlon to the City of �rand Island, Hall Counry,
<br />_ .j Nebraska. =s
<br /> :, ' '' .f whlch sald Deeci of Trust is dated the� 02nd day of August, 1998, wherein Five Polnts Bank is B�eneficiary,
<br /> • and recorcled In the Oftice of tha Registar of Deeds oi Hall County. Nebraska,as Dxumsnt#96-108030 on
<br /> :::,�,: the 6tf�day of August, 1998:
<br />�j' �.;�.:�:�3 VNTNESSETIi, that said parties, tor tP�emselves and thelr heUs, executors, administratnrs end
<br /> :� `' ��� ��Qi��a,nRrahy mutualN aarea that the time for the payment of the princlpal and interest on said Progrem
<br />'�.����'� �� �� Landing Note and Loan Agreement d�ted August 2, 199t�,shall be as iollows:
<br />�:;
<br /> .. ,,,
<br />,:�: , ;���' �
<br />`=j, ._:;;;',:�;s � A new Program Lending Note and l.oan Agreement dateci February 6, 1997, (n the orlginal principal
<br /> ,�>•i��s��'� amount of$50,0�0.00 with repayment as sot out on said Program Lending Note and Loan Agreement wlth
<br />����a"��" a final a ment of remaining principal and interest due August 8, 1997,
<br />�a►,..w,r.:.:� ' P Y -
<br />���,r'��•
<br /> y;��h;;;��.�;� The Borrowers hereby further ratify and confirm all of the terrns and conditions contalned In the
<br />_��-.;�:;� Deed of Trust of Borrowers to Lender datpd August 2,1996,as referred to abov�and sald f3oROwer�wlll in
<br />�-:�:��5� afl respecis iNit����fiy i:w����fy ar�Nsrfarm�!!tha cover�n�?nd nrc+rnls�c In the aforesaid D�ed of Trust c
<br /> ���= It is expressty understood and ec�reed that the aforesald Qeed of Trust shall remaln in fuil force and
<br /> —__-`�"`-- effect in all respects and that nothing horein shall affect of Impalr any �Ights end powers which the Lender
<br /> -- ...o.n-� rnay have thereunder for the r�ecovery of the said d�bts secured by said Deed of Tru�t,with interest, in case
<br />— = of th�non-iulfillment af this Agreement
<br /> Tr����- And the sald Borrowers hereby c4venant that they will pay the sald pr(ncipal sum end Interest as
<br /> -------��-° provided by the Promissory Notd refened to ebove at ifie times therein specffled and that they wlll psrform
<br /> --- "�'�� and observe �II of the covenan4s, agreements, s4iputatlons and condi�ons on the part of the Sorrowers
<br /> --.py�.� contafned in sald tieed oi Trust in all respects. __
<br /> _�n_:,.��,,..,� IN WlTNESS WHEREOF,the partles have hereunto set thal�hands and seais the day and year first
<br /> =-__-___ _��,:'.;� abovewrittan.
<br />��.a�a��� _
<br /> ��::.ut�ii�,
<br />�•���'�'�r'�' FIVE POINTS BANK,Lender,
<br />��sS_ t�
<br /> �`:Y ;��#�`ar!,'�;;.;,�
<br /> ,.FY��;;•:..
<br /> _- . ., .:�:�i�kJ'��`� _
<br /> _ � �::
<br />—"*�'�: . "� i Devre McElroy
<br /> - • . Real Estate Loan Offlcer
<br /> _._ ?
<br /> _, �-. ;
<br />� I1�'• ',�AI 11� / ( 1/� .
<br /> � � osrower(Mlchael F�.McDermott)
<br /> _ , �
<br /> �;
<br /> I ...... . ... ._. _... __ ...._.._ ._---_.:-...-----------_—�:,..----,---�-_--__�-- -
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