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<br />79- ~"~ '~', £XTENSIUN AGRF.F.Mr:NT
<br />Za consideration of the extension of the time of payment of the original promissory
<br />note hereinafter described, the undersigned, PAUL R. _BONNEY AND hiILDRED
<br />.nTiTSE BONNEY , hereby covenant and agree to pay to I'he First National,
<br />Bank of Crand island, Grand Island, Nebraska, or order, the principal sum of
<br />FIFTY-FIVE THOUSADiD AND NO/100-- - ---- ° --------°'---^"'($55.000.00 ),
<br />together with interest ifiereon at _ 1?~z ~ per cent per annum from the date hereof,
<br />such. sum to be payable on__"iAY 5,_T~i~ _ interest shall be payable at maturity
<br />on_l338.L cz, 19 8 0 --- -- ,
<br />The original principal note in the amount of FIFTY-FIVE THOUSAND AND NOj100---
<br />($_SS,Q~j~,O{11 was executed and delivered by U,c undersigned under the date of
<br />• Apgly 2?. ~~?9 to The First National Bank of Grand Island, Grand Island,
<br />Nebraska, and was due and payable on the 2~ -day of OCTOBER, 19?9 together
<br />with interest at 11 per tent per annum and secured by Real Esiate Mortgage
<br />to The First National Bank of Grand Island, Grand Island, Nebraska, recorded as
<br />.i+Qcillit@Ai=. X79-002•#$2 in the Mortgage Records of_~I•L County, NEBRASKA
<br />The undersigned agrees to pay such extended balance of principal of FIFTY-FIVE
<br />THC+USAND AND NO/100-----(S~~,OOO.OQ, tagether with interest thereon at
<br />12 ~ per cent per annum, such principal and interest to be payable in lawful
<br />mva cy va ~aac vaa+acu 3iu~ca va Raocc aiq q~ 1llc carat .~gLavrigl -GnR Vf Ul alld Ijlarld,
<br />Grand Island, Nebraska. ,
<br />Ail 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 duzing such extended period. If default be made in payment
<br />of any principal sum, the entire principal sum wi:h interest thereon, shall become
<br />immediately due and payable at the elett~nn of the legal holder thereof.
<br />In further consideration of-such extension of time o£ payment of such indebtedness,
<br />I hereby ratify and tanfira such mortgage recorded as i?OCLi2•iENT (<79-002d$2
<br />in heal Estate Mortgage records of HALL County, as
<br />the first mortgage Tien u;sae the real praperty described therein, and the whole Gf
<br />the title thereto as nuw owned by me.
<br />The undersigned executes this ~xtensian Agreement with reference to and an the faith
<br />and czedit of their praperty, which they nav own ar leave as interest in or hereafter
<br />nay acquire; Lhe express intentian being to charg,»• and to Continue to charge any and
<br />all of such property with the pa}°zaa~nL of [he indebtedness, the payment of which is
<br />herein extended.
<br />1!F YITNESS idHEME.^F, tl~e undersigned have hereunto szt this hands this {i day_ of
<br />lxT{?VEEfBER: 197 9
<br />-r=T= -~-s--~-. -Y- L-1
<br />57ATE OF T3FR32A~RA ) ;/
<br />tl~ L6is 5 day of_ NOVEMBER, 1979 hef.~rc me, the undersigned a Notary Public,
<br />in and ft3r '~-..I.L County, prrsonaily :.ame PAUL R. BONNEY AND h1ILDRED
<br />rs-siszcTl' ~Y pers~?y'~,,,to me to ise the #dentical persons chose names
<br />are affixed to the above and i~'~,egaixjg,~Exli ion Agreement as makers, and they
<br />acimKi~geri said instrument,'an>i.tfie ea therz:af to be their voluntary act and
<br />deea far the purse Lherei` ex~ressad. R ~
<br />w' ., ~ w
<br />iN TfSTitl9ltY HIiER}:AF, i ha }iereu4+ta~~ttf i~~ fk ~,~ hand and of f itial seal at GRAND
<br />IS7~fiil3. i,~n - ;t~iei~y ated,.jraa~iast above written. ,~
<br />i+ly cc~tissiaa Natpires ~r(z-. ~.'_. ~ f >~/ ll~ll ~ "~,~; ;X~~'A-~r~
<br />_~` Notary
<br />1 ,~-..1
<br />RDERS hiErru:
<br />Reg. of Deeds
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