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<br /> J EXTENSION AGREEMENT FOR MORTGAGE —
<br /> V
<br /> � THIS Agreement is made as of this 29th day of July, 1999,by and between FIVE POINTS BANK, `�
<br /> whose mailing address is P.O. Box 1507,Grand Island,Nebraska 68802-I507 (hereinafter"Lencier"),the owner
<br /> and holder of the certain Promissory Note for$82,382.21 dated July 15, 1991, given by Robert D. Almquist and
<br /> Marcia K. Almquist, Husband and Wife, (hereinafter"Borrower"), and secured by the certain Real Estate
<br /> Mortgage of the certain real estate therein described, situated, lying and being in Hall County,Nebraska, and
<br /> more particularly described as follows,to-wit :
<br /> See attached exhibit"A"
<br /> which said Real Estate Mortgage is dated the 15th day of July, 1991,wherein Five Points Bank is Mortgagee,
<br /> and recorded in the Office of the Register of Deeds of Hall County,Nebraska, as File#91-104763 on the 22nd
<br /> day of July, 1991:
<br /> WITNESSETH,that said parties, for themselves and their heirs, executors, administrators and assigns,
<br /> hereby mutually agree that the time for the payment of the principal and interest on said Promissory Note dated
<br /> July 22, 1999, shall be as follows:
<br /> A new Programmed Lending Note#764613 dated July 22, 1999, in the original principal amount of
<br /> $380,079.50,with repayment as set out on said Programmed Lending Note with a final payment of remaining
<br /> principal and interest due July O1, 2004 and a new Programmed Lending Note#764612 dated July 22, 1999, in
<br /> the original principal amount of$102,374.44,with repayment as set out on said Programmed Lending Note with
<br /> a final payment of remaining principal and interest due May 1, 2004 and a new Programmed Lending Note
<br /> #764607 dated July 22, 1999, in the original principal amount of$80,000.00,with repayment as set out on said
<br /> Programmed Lending Note with final payment of remaining principal and interest due July 28,2004 and a new
<br /> Programmed Lending Note#764611 dated July 22, 1999, in the original principal amount of$76,000.00,with
<br /> repayment as set out on said Programmed Lending Note with final payment of remaining principal and interest
<br /> due July 28,2004.
<br /> The maturity date is extended to July30, 2014
<br /> The Borrowers hereby further ratify and confirm all of the terms and conditions contained in the Real
<br /> Estate Mortgage of Borrowers to Lender dated July 15, 1991, as referred to above and said Borrowers will in all
<br /> respects faithfully comply and perform all the covenants and promises in the aforesaid Real Estate Mortgage.
<br /> It is expressly understood and agreed that the aforesaid Real Estate Mortgage shall remain in full force
<br /> and effect in all respects and that nothing herein shall affect or impair any rights and powers which the Lender
<br /> may have thereunder for the recovery of the said debts secured by said Real Estate Mortgage, with interest, in
<br /> case of the non-fulfillment of this Agreement.
<br /> And the said Borrowers hereby covenant that they will pay the said principal sum and interest as
<br /> provided by the Promissory Note referred to above at the times therein specified and that they will perform and
<br /> observe all of the covenants, agreements, stipulations and conditions on the part of the Borrowers contained in
<br /> said Real Estate Mortgage in all respects.
<br /> IN WITNESS WHEREOF, the parties have hereunto set their hands and seals the day and year first
<br /> above written.
<br /> FIVE POINTS BANK,Lender
<br /> By: �—.���
<br /> Tim A. Wojcik
<br /> Vice President
<br /> �2
<br /> R e D uist Marcia K. Almquist
<br /> r
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