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��01:�05�25 irrterest of the Secured Pariy to the exteM af the principal sum yet owing to Secured Party in respect to the indebtedness described in Paragraph 2 along with interest and costs allocable thereto, however evidenced. 4. So long as any portion of the described obligation to Secured Party is outstandin� and unpaid, the provisions of the Deed of Trust of other instrumeut of security between the Debtor and the Secured Party are controllin� as to the Collateral in which Sectiued Party is to have a first security interest, including any time thare is a conflict between it and the provisions of any lien instrument granted to the Subordinating Creditor by the Debtor. 5. This Agrcemeat is a continuing, absolute and unconditional a�reemeut of subordination without regard to the validity or enforceability of the Promissory Notes or other instrume�s of indebtedness between the Debtor and the Secured Party evidencing sums due or documeirts granting a s�urity urterest in the Collaxeral, irrespective of the time or order o€ attachment or perfection of the security urterest in the Collateral or the order of filing the Deeds of Trust or other instruments of security with respect to the Collateral. 6. This Agreement shall remain in full force and effect and is binding upon the Subordinating Creditor and upon its successors and assigns, so long as any portion of the sums secured as described in Paragraph 3 are outstanding and unpaid. 7. The Subordinating Creditor agrees that the Promissory Notes or other instruments of indebtedness of the Debtor evidencing the obligation between the Debtor a.nd the Secured Party ma,y from time to time be renewed, extended, modifie,ci, compromised, accelerated, settled or released, without notice to or conseut by the Subordinating Creditor. Barry G. S dstr President and CEO HOME FEDE SAVINGS AND LOAN ASSOCIA ON OF GRAND ISLAND "Su r ' tin� r 'tor" Bazry G. dstrom, Presidern and CEO HOME FED SAVINGS AND LOAN ASSOCIA ION OF GRAND ISLAND "Secured Party" STATE OF NEBRASKA ) (ss: COUNTY OF HALL ) Before me, a Notary Public qualified in said County, personally came Barry G. Sandstrom as President and CEO of HO1bIE FEDERAL SAVINGS AND LOAN ASSOCIATION, known to me to be the idetrtical person who signed the foregoing Subordination Agre,emeirt on behalf of such entity, and acknowled�ed to execution thereof to be lus voluntary act and deed on behalf of such entity. Witness my ha.nd and Notarial seal on this lQ� dF GEhfFAAI. RfOTIUiY - State af Nebraska NANCY S KNAPP �lY ��►m. Exp. A�.18, 20t& Subhftohf 5/11