My WebLink
|
Help
|
About
|
Sign Out
Browse
201201514
LFImages
>
Deeds
>
Deeds By Year
>
2012
>
201201514
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
3/19/2012 3:47:19 PM
Creation date
2/28/2012 9:24:49 AM
Metadata
Fields
Template:
DEEDS
Inst Number
201201514
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
2
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
.� <br />20�2015�.4 <br />interest of the Secured Party to the extent of the principal sum yet owing to Secured Party in respect to the <br />indebtedness described in Patagraph 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 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 granted to the Subordinating Creditor by the Debtor. <br />5. This Agreement is a continuing, absolute and unconditional agreement of subordination without regazd <br />to the validity or enforceability of the Promissory Notes or other instruments of indebtedness between the Debtor <br />and the Secured Pariy 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 instruments of security with respect to the Collateral. <br />6. This Agreement shall remain in full force and effect and is binding upon the 5ubordinating 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 instcuments 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 Subordinating <br />Creditor. ,� . ,. <br />Barry G: <br />HOME FED <br />ASSOC <br />' Barry G. <br />HOME FED <br />STATE OF NEBRASKA <br />COUNTY OF HALL <br />) <br />(ss: <br />) <br />�om, President and CEO <br />SAVINGS AND LOAN <br />OF GRAND ISLAND <br />President and CEO <br />SAVINGS AND LOAN <br />�T OF GRAND ISLAND <br />"Secured Part}�' <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 acknowledged to execution thereof to <br />be his voluntary act and deed on behalf of such entity. <br />Witness my hand and Notarial seal on this a�� day of I�r , 2012. <br />G��+L NOTARY • State at Nebraslca <br />NANCY S KNAPP <br />My Comm. E�. Aug.18, 2015 <br />Notary <br />Subhftohf 5/11 <br />
The URL can be used to link to this page
Your browser does not support the video tag.