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interest of the Secured Pariy to the extent 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 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 regard <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 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 sha11 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 Pariy 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 />STATE OF NEBRASKA <br />COUNTY OF HALL <br />) <br />(ss: <br />) <br />� - <br />Barry . San strom, President and CEO <br />HOME FE ERAL SAVINGS AND LOAN <br />ASSO TION OF GRQND„�SLAND <br />^ v uu a u i�u� <br />I'` <br />�V ��v - 7 . . <br />Bazry San trom, President and CEO <br />HOME FE RAL SAVINGS AND LOAN <br />ASSOC TION OF GRAND ISLAND <br />"Secured Part�' <br />Before me, a Notary Public qualified in said County, personally came Batry G. Sandstrom as President and <br />CEO of HOME FEDERAL SAVIl�TGS 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 March, 2012. <br />GENERN- NdTARY . State of Nebraskt <br />� iVpJ4CY �K�20t8 <br />My Comm. FxP• 9� <br />Notary <br />Subhftohf 5/11 <br />