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20120060� <br />interest of the Secured Party to the extern of the principal sum yet owing to Secured Party in respect to the <br />indebtedness described in Paragraph 2 along with interest and costs allocable thereto, however evidenced. <br />4. So long as any portion of the described obligation to Secured Party is outstanding and unpaid, the <br />provisions of the Dced of Trust of other instrumern of security between the Debtor and the Secured Party are <br />controlling as to the Collateral in which Secured Party is to have a first security interest, including any time there is <br />a conflict between it and the provisions of any lien instrument ganted to the Subordinating Creditor by the Debtor. <br />5. This Agreemem is a coutinuing, absolute and unconditional agreement of subordination without rega.rd <br />to the validity or enforceability of the Promissory Notes or other instruments of indebtedness between the Debtor <br />and the Secured Party evidencing sums due or documents granting a security interest in the Collateral, irrespective <br />of the time or order of attachmeat or perfection of the security interest in the Collateral or the order of filing the <br />Deeds of Trust or other instruments of security with respect to the Collateral. <br />6. This Agreement shall remain in full force and effect and is bindin� upon the Subordinating Creditor and <br />upon its successors and assigns, so long as any portion of the sums secured as described in Paragraph 3 are <br />outstanding and unpaid. <br />7. The Subordinaxing Creditor agrees that the Promissory Notes or other instruments of indebtedness of the <br />Debtor evidencing the obligation between the Debtor and the Secured Party may from time to time be renewed, <br />extended, modified, compromised, accelerated, settled or released, without notice to or consent by the S�ubordinating <br />Creditor. <br />Barry an om, President and CEO <br />HOME SAVINGS AND LOAN <br />ASSOC TION OF GRA11jD ISLAND <br />Barry G. <br />HOME FED <br />STATE OF NEBRASKA <br />COUNTY OF HALL <br />) <br />(ss: <br />) <br />rom, Preside� and CEO <br />SAVINGS AND LOAN <br />V OF GRAND ISLAND <br />"Secured Party" <br />Before me, a Notary Public qualified in said County, personally came Barry G. Sandstrom as President and <br />CEO of HOME FEDERAL SAVINGS AND LOAN ASSOCIATION, known to me to be the identical person who <br />signed the foregoing Subordination Agreement on behalf of such entity, and acknowled�ed to execution thereof to <br />be his voluntary a.ct and deed on behalf of such entity. <br />Witness my hand and Notarial seal on this �� day of January, 2012. <br />�RAI� ��� <br />I�t�a,f�p, 18,20t6 <br />�� Public <br />Subhftohf 5/11 <br />