86107084 - Laserfiche WebLink

Browse

I EXTENSION AND MODIFICATION AGREEMENT 86 � 107084 WHEREAS, on l t f3 19 , Oil )orrowed from Norw s an Grand 1 land, National` Association, now known as Norwest Bank N..L. 11 a the principal sum of Forty -five Thousand an ' 00ths--=------------- - - - - -- DOLLARS ($45,000.00 ) at 13.00 % per annum, and gave to said k a promissory Mote which provided for payment to be made as follows: payment of principal plus accrued interest due and payable on October 2, 1985. , said note is secured by a mortgage /deed of trust on real estate owned by, traction ComDanv. Inc. , and legally described as follows: Lot Sixty -two (62) of Wolfe's Subdivision in the City of Grand Island, Mall County, Nebraska. 85- 001666 & said mortgage /deed of trust being dated April 5 , 1985 , and recorded as0oc. O's 85- 006088 in the Mortgage Records in the Office of the Register of Deeds of Hall County, Nebraska, and WHEREAS, said borrower has requested an extension of time of payment until December 8 , 19 86, and has agreed to pay interest at the rate of 13.00 % per annum on the unpaid balance aid said Bank has consented to so extend the time of payment: NOW, THEREFORE IT IS AGREED by and between the parties that the above - described mortgage/ deed of trust and original promissory note shall be modified to provide for payment to be as One payment of principal plus accrued interest due and payable on December 8, 1986. IT IS FURTHER AGREED by and between the parties hereto that all of the terms and conditions of the mortgage /deed of trust and promissory note above- referenced to as extended and amended shall continue in full force and effect except as herein modified. Executed this 8th day of December 1986 NO BANK NEBRASKA, RATIO _ ASSOCIATION Goodwin Construct niCompany, Inc. Marg4jr*t M. Dillon STATE OF`1(EBRASKA ) James D. Goodwin, President COUNTY of Hall ) On this 8th day of December , 1,986 , before me a Notary Public in and for said County personally appeared James- off_ in,President of Goodwin Construction Company, Inc. to we known to be the person(s) named in and who executed the foregoing instrument and acknow lodged that he /sbtmAkbw executed the same as his1l%WXJtiQY9M voluntary act and deed. WITNESS my hand an and year'last above written. iEl�L /iAM1dM d � _ My commission expi 1-4-00 NOTARY PUBLIC STATE OF NEBRASKA ) X.S. COUNTY OF Hall ) The foregoing instrument-was acknowledged Defore me this 8th 'day of December 19 86� by- Margaret °'i3i 1;l�sn, �IVP of NORWEST BANK NEBRASKA, NATIONAL ASSOCIATION, a Nebraska Ca vttt1c0j,on behalf of the corporation. My commission expires: 6 -2 -90 cu NOTARY PUBLIC 10/85 ~ IX w rAMA & ir►fi#It ", 0# aM 60 Mm t