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EXTENSION AND MODIFICATION AGREEMENT 86- ..107085 WHEREAS, on August 8 , 1984 Goodwin Construction Company, Inc. borrowed from Norwest t3ank rand =s and, National Association, now known as Norwe Nebraska, National Association the principal sum of Twenty -one Thousand Five Hundred and nO /100ths---- - - - - -- DOLLARS ($ 211500.00) at 13.50 % per annum, and gave to said Bank ,& promissory note which provided for payment to be made as follows: One payment of principal plus accrued interest due and payable on February 5, 1985. and, WHEREAS, said note is secured by a mortgage /deed of trust on real estate owned by Goodwin Construction Company, Inc. , and legally described as follows: Cot Three (3) of Wolfe's Second Subdivision, in the City of Grand Island, Hall County, Nebraska. as Doc. #'s 84- 004180, said mortgage /deed of trust being dated August ,819 86, and recorded85- 001663, ��= HA9 9 In the Mortgage Records in the Office of the Register of Deeds of Hatt County, Nebraska, and WHEREAS, said borrower has requested an extension of time of payment until December 8 19 $fj and has agreed to pay interest at the rate of 12.75 % per annum on the unpaid balance and 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 follgvy 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 , 19 86. 110R1j ,WX NEBRASKA 21ATION ASSOCIATION Goodwin Constructi n Company, Inc. _. MargIpet M. Dillon, AVP STATE OF NEBRASKA ) James D. Goodwin, President s.s. COUNTY OF _ Hall ) On this Rth day of 19�, before me a Notary Public in and for said County personally appeared James oo F. President, Goodwin Construction Co., Inc. to me known to be the person(s) named in and who executed the foregoing instrument and acknow lodged that he /dhurJ:Nmiyc executed the same as his /IBS voluntary act and deed. WITNESS my hand i�iiia�i■�eai' day and year last above written. my coeaiisslon ex - /iROTAi PUBLIC STATE OF NEBRASKA ) s.s. COUNTY OF Hall ) The foregoing instrument-was acknowledged Defore me this 8th day of December , 19 86, by Margaret M, Dillons, AYP of NORWEST BANK NEBRASKA, NATIONAL ASSOCIATION, a Nebf%ska Corporation, an behalf of the corporation. My commission expires: 6 -2 -90 NOTARY PUBLIC 10/65 rib s sA+u�sie l .i1F NO t o