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2012015�3 <br />iuterest of the Secured Party to the extern of the principal sum yet owing to Secured Partty in respect to the <br />indelrt�ness 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 Deed of Trust of other instrument of security between the Debtor and the Secured Party are <br />controlling as to the Collateral in which Secured Farty is to have a first security interest, including any time there is <br />a conflict between it and the provisions of any lien instrument graated to the Subordinating Creditor by the Debtor. <br />5. This Agreemern is a continuing, absolute and unconditional agreemerrt of subordination without regard <br />to the validity or enforceability of the Promissory Notes or other instrume�s 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 attachment or perfection of the security interest in the Collateral or the order of filing the <br />Deeds of Trust or other instrumeirts of security with respect to the Collateral. <br />6. This Agreement shall remain in full force and effect and is binding 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 Subordinating Creditor agrees that the Promissory Notes or other instruments of indebtedness of the <br />Debtor evidencing the obligation between the Debtor and the Secured Pacty may from time to time be renewed, <br />extendai, modified, compromised, accelerated, settled or released, without notice to or consem by the Subordinatin� <br />Creditor. <br />Barry . S dstrom, Preside�t and CEO <br />HOME ERAL SAVIlVGS AND LOAN <br />ASS IATION OF GRAND ISLAND <br />"Su rd' t Creditor" <br />Barry S strom, Presidez►t and CEO <br />HOME SAVINGS AND LOAN <br />ASSOC TION OF GRAND ISLAND <br />"Secure�rl Party" <br />STATE OF NEBRASKA <br />COUNTY OF HALL <br />) <br />(ss: <br />) <br />Before me, a Notary Public qualified in said County, personally came Barry G. Sandstrom as President and <br />CEO of HOME FF.DERAL SAVINGS AND LOAN ASSOCIATION, known to me to be the iderrtical gerson who <br />signed the foregoin� Subordination Agreement on behalf of such entity, and acknowledged to execution thereof to <br />be his voluntary act and deed on behalf of such enrity. <br />Witness my hand and Notarial seal on t3us � day of February, 2012. <br />�LN�Stafie af Nebraske <br />NAN�Y S KNAPP <br />.�p�.Exp. 18� 2415 <br />Notaty <br />Subhftohf 5/11 <br />