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I <br />Jepson /sl <br />Line #21026 t <br />Note 28 J MODIFICATION AND /OR EXTENSION AGREEMENT 86- 106850 <br />AGREEMENT made thifi?3-th day of October ,1986 , between First National Bank and Trust Co. of <br />Kearney, Kearney, Nebraska, herein referred to as a Mortgagee, and _H $ D P-rt-nr -- * anri yi.,nPnt. S._ <br />Dowding art' Robea Hindman, as ten herein relip, rred to as Mortgagor. <br />WHEREAS, Mortgagee is the holder of a certain promissory note made by Mortgagor, dated January 25 <br />1985 , in the principal amount of S 98,000.00 , upon which the unpaid principal balance currently is <br />S 97, 594.65 and interest has accrued thereon in the amount of $_ paid as of the above - <br />mentioned date; <br />WHER S, the paym ni and performancepf said promissory note is secured by a real estate mortgage recorded <br />on the �? day of �anuary _,19 ts5, in the office of the Register of Deeds of Ha11 County, <br />Nebraska, on Microfilm Roil 85 page 000427; and <br />WHEREAS, Mortgagor has requested and desires a modification and/or extension of the terms and provisions of <br />said promissory note and mortgage, and Mortgagee is agreeable to the same upon the terms ind conditions�� <br />hereinafter contained. % 3y. <br />RECORDERS MEMIY.,C �-- <br />NOW, THEREFORE, this Agreerfient: ? / `�- Of Deeds <br />1. The parties stipulate and agree that the terms and provisions of the above-described promissory note are hereby <br />modified and /Orgxtended to provide that the unpaid balance thereon shall be payable as follow: <br />Z 3 ULA N' <br />,3or month/ payments of $1,142.00 applied first to interest and then principal <br />beginning November 28, 1986 with a final in?rt llmert of accrued interest and <br />remaining principal due October 28, 198x$ K4 FJL-0 <br />Interest rate shall be adjusted to 10. ;V% effe ve October 28, 1986. <br />t{LD i( U <br />and that said real estate mortgage is amended accordingly. V <br />2. As modified and/or extended by this Agreement, the promissory note and mortgage are hereby ratified and <br />confirmed, and if the terms and provisions contained in said promissory note and mortgage in any way conflict <br />with the terms and provisions contained in this Agreement, the terms and provisions herein contained shall prevail. <br />3. This Agreement shall be binding on the heirs, personal representatives, successors and assigns of the <br />respective parties. <br />FIRST NATIONAL BANK AND <br />TRUST CO. OF KEARNEY, Mortgagee Mortgagor <br />By: rdent <br />(datel <br />Title Pres _ <br />STATE OF NEBRASKA, COUNTY OF BUFFALO) ss: <br />The foregoing Instrument was acknowledged before me this 28th dily of <br />October 119­8L , by <br />Larry ;.- Jepson President <br />of First National Bank and Trust Co. of <br />Kearney. Nebraska. a Natio <br />t the Association. <br />My commission expires.- <br />4,y'�- <br />NOT (RY PUBLIC {ttJll <br />STATE OF NEBRASKA, COUNTY OF Hall _ ) as: <br />October <br />The foregoing instrument was acknowledged before me tnis_ <br />day of <br />I SE _ by <br />Vincent L. Dowdit3R and Robert Hindman <br />�Ltt <br />My cam <br />issi ettpir� <br />o <br />IN -in a <br />NOTARY PUBLIC <br />STATE OF NEBRASKA, COUNTY OF ) ss: <br />The foregoing instrument was acknowledged before me this <br />day of <br />.19 by <br />of <br />Corporation, on behalf of the Corporation. <br />My commission expires: <br />NOTARY PUBLIC <br />RECORDING <br />State of Nebraska, County of ____._ as entered on numerical <br />index and filed for record in office of Register of Deeds on the day of <br />at --o'clock and __ —_ min. _._ _M on Microfilm Roll No. . Page _ <br />- P � .., Form 315 <br />