|
86- 100636
<br />EXTENSION AGREEMENT
<br />In consideration of the extension of the time of payment of the original promissory
<br />note hereinafter described, the undersigned, MARTIN R. CHAPMA, AND LINDA C. CHAP* N
<br />, hereby covenant and agree to pay to Norwest Bank
<br />Nebraska, National Association, formerly Norwest Bank Grand Island, National
<br />Association, Grand Island, NE, or order, the principal sum -of TWENTY THOUSAND )'
<br />NINETY -SIX AND 10 /100----- -- --- °---- - - - - -- cent per annum from the date hereof,
<br />together with interest thereon at P er P
<br />such sum to be payable on January 1
<br />9y 120 monthly principal,an in eres payments of $264.91 commencing 1- untl
<br />maturity, January 1, 1996.
<br />The original principal note in the amount of TWENTY -FIVE THOUSAND AND N0r'100 of
<br />($ 25,000.00 ) was executed and delivered by the undersigned under the date of
<br />December 13, 1982, to The First National Bank of Grand Island, Grand Island,
<br />Nebraska, and was due and payable on the 13th day of June, 1983 , together
<br />with interest at 15.00 per cent per annum and secured by Real Estate Mortgage -
<br />The First National Bank of Grand Island, Grand Island, Nebraska, recorded raska
<br />Document #82- 005297, 83- 003108, in the Mortgage Records of Hall County, _
<br />83- 006255, 84- 001196, & 84 -0030 n(dENTY THOUSAND
<br />The undersigned agrees to pay such extended balance of principal of
<br />NINETY -SIX AND 10 /100----- -- - -($ 20,096.10 ), together with interest thereon at
<br />10.00 per cent per annum, such principal and interest to be payable in lawful
<br />money of the United States of America at Norwest Bank Nebraska, National Association
<br />at Gland Island, Nebraska.
<br />All of the covenants and agreements in such original note and the Real Estate
<br />Mortgage above - described, other than hereinbefore modified, shall be and remain
<br />unchanged and in full force and effect during such extended period. If default
<br />be made in payment of any principal sum, the entire principal sum with interest
<br />thereon, shall become immediately due and payable at the election of the legal
<br />holder thereof.
<br />In further consideration of
<br />I hereby ratify and confirm
<br />in the Real Estate Mortgage
<br />as the first mortgage lien
<br />of the title thereto as now
<br />such extension of time
<br />such mortgage recorded
<br />records of Hall
<br />upon the real property
<br />owned by me.
<br />of �a e tt �iS?S 6U5- WeWiT , ty,
<br />as - U03065
<br />ounty, *T.e,ras,ca
<br />described therein, and the whole
<br />The undersigned executes this Extension Agreement with reference to and on the
<br />faith and credit of their property, which they now own or have an interest in or
<br />hereafter may acquire; the express intention being to charge and to continue to
<br />charge any and all of such property with the payment of the indebtedness, the
<br />payment of which is herein extended.
<br />10th
<br />IN WITNESS WHEREOF, the undersigned have hereunto set their hands this
<br />day of January, 1986.
<br />X (i� '� -� w.r` ' lt\ : \� nx�(Ytri; sY -_l
<br />F . actin Chapman
<br />Linda C. Chapman
<br />STATE OF Nebraska ) RECORDER¢ MEMO: -
<br />)SS.
<br />COUNTY OF Hall ) Rc ve ds
<br />On this ^:� day of before me, the undersigned a Notary
<br />Public, in an —d or Ha11 Count , personally came Martin R. and Linda C.
<br />Chapman personally known to me to be the identical. persons
<br />whose names are affixed to the above and foregoing Extension Agreement , makers,
<br />and they acknowledged said instrument and the execution thereof to he their
<br />Lvoluntary act and deed for the purpose therein expressed.
<br />ai
<br />IN TESTIMONY WHEREOF, I have hereunto affixed my hand and official vrJ tit
<br />Grand Island, NE on the day and year last above - written.
<br />H. 'E. Bt9HM
<br />of cow. bvp Nw. i /sum
<br />ti
<br />M
<br />
|