|
<br />EXTENSION AGREEMENT
<br />
<br />83- 001345
<br />
<br />
<br />,C
<br />;J:nconsideration of the extension of the time of paymen\: of the originalc.rfmiSsory
<br />note hereinafter described, the undersigned, Cale E. Neal and Alice E. N a . ,
<br />Hm;bandand Wife , hereby covenant and agree to pay to The First National,
<br />Bank of Grand Island, Grand Island, Nebraska, or order, the principal sUIll of
<br />TWF.1NR 'l'HOlJ~ANnAND NO/IOO----------------------------------------($ l2~000.00 ),
<br />tlYgether with interest thereon at 13% per cent per annum from thedatelleTeof;
<br />such SUJn.to be payable on September 6,1983 Interest shall be payableatma:turity
<br />.if , September 6, 1983
<br />
<br />TKe',~iginalprinc1pal note in the amount of TWELVE THOUSAND AND NO/IOO DOLLARS-__-~ ,
<br />($12,000.00 ) was executed and delivered by the undersigned ,Iluderthe date"f
<br />September 7, 1982 , to The First National Bank of Grand Island, Grand Island.,
<br />'Nebraska, and was due and payable on che:; day of Harch, 1983 , together
<br />with interest at 15.5% per cent per annum and secured by Real Estate Mortgage
<br />co The First National Bank of Grand Island, Grand Island, Nebraska, recorded as
<br />Document Ir82-005l44 in the Mortgage Records of Hall County, Nebraska
<br />
<br />The undersigned agrees co pay such extended balance of principal of TWELVE THOUSAND
<br />AND NO/IOO DOLLARS-----------($12,OOO.00 ), together with interest thereon at
<br />13% per cent per annum, such principal and interest to be payable in lawful
<br />money of the United States of America at The First National Bank of Grand Island,
<br />Grand Island, Nebraska.
<br />
<br />All of the covenants and agreements in such original note and the Real Estate Mortgage
<br />above-described, other than hereinbefore modified, shall be and remain unchanged and
<br />in full force and effect during such extended period. If default be made in payment
<br />of any principal sum, the entire principal sum wich interest thereon, shall become
<br />immediately due and payable at che election of the legal holder thereof.
<br />
<br />In further consideration of such extension of time of payment of such indebtedness,
<br />I hereby ratify and confirm such mortgage recorded as Documenc #82-005144
<br />in Real Estate Mortgage records of Hall County, Nebraska , as
<br />the first mortgage lien upon the real property described therein, and the whole of
<br />the title thereto as now owned by me.
<br />
<br />The undersigned executes this Extension Agreement with reference to and on the faith
<br />and credit of their property. which they now own or have an interest in or hereafter
<br />may acquire; the express intention being to charge and to continue to charge any and
<br />all of such property with the payment of the indebtedness, the payment of which is
<br />herein extended,
<br />
<br />IN WITNESS WHEREOF, the undersigned have hereunto set cheir hands this 7th
<br />March, 1983
<br />
<br />day of
<br />
<br />d~,,- ~ .:~
<br />~ f )0.J'
<br />
<br />Cale E. Neal
<br />
<br />)
<br />)SS.
<br />)
<br />
<br />Alice E, Neal
<br />
<br />STATEOF NEBRASKA
<br />
<br />COUNTY OF HALL
<br />
<br />}larch, 1983 . before me, the undersigned a Notary Public,
<br />Coun~y, personally came Cale E. N..al dwl AIle", E. Neal
<br />personally known to me to be the identical persons whose names
<br />atlll'i,~tiXe4 tQthe above and foregoing Extension Agreement as makers, and they
<br />ae~oitl..<I~e4 s!lidinatql1l1ent and the eJl;ecution thereof to be their voluntary act and
<br />d~f'Qt't~epur1X>se therein expressed.
<br />
<br />day of
<br />lta.ll
<br />
<br />On this 7 tn
<br />inan<l,fqr
<br />
<br />
<br />have
<br />
<br />seal. at /",-)
<br />.//."
<br />
<br />..t;:,~:~~~//
<br />~ .,.' N;tary Public
<br />
<br />, ..,C:?'",. &.' //.</; ,/
<br />;:>f->,_'/./'p_",~_'1':~}- ~-~~ _ W-
<br />"-0,:'1 ,.' J?
<br />.' [" f 'J~ \
<br />
<br />R~
<br />
|