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20120649� <br />interest of the S�ured Party to the e�rtent of the principal sum yet owing to Securexi 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 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 granted to the Subordinating Creditor by the Debtor. <br />5. This A�reemert is a continuing, absolute and unconditional a�reemerrt of subordination without regard <br />to the validity or enforceability of the Promissory Notes or other instrumems 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 resgect to the Collateral. <br />6. Tlus Agreement shall rema.in 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 secur� as described in Para�raph 3 are <br />outstanding and unpa.id. <br />7. The Subordinating Creditor agrees that the Promissory Notes or other instruments of indebtedness of the <br />Debtor evidencin� the obligation betwe,en the Debtor and the Secured Pazty may from time to time be renewed, <br />extended, modified, compromised, accelerated, settled or released, without notice to or consent by the Subordinaxing <br />Creditor, n <br />Bamy G. <br />HOME FED <br />ASSOCIA <br />Batry G. S� <br />HOME FEDEP <br />ASSOCIA' <br />STATE OF NEBRASKA <br />COUNTY OF HALL <br />) <br />(ss: <br />) <br />�om, President a.nd CEO <br />SAVINGS AND LOAN <br />v OF GRAND �LAND <br />rdm, President and CEO <br />SAVINGS AND LOAN <br />v OF GRAND ISLAND <br />"Secured Part�' <br />Before me, a Notary Public qualifi� in said County, personally came Barry G. Sandstrom as President and <br />CEO of HOME FEDERAL SAVIlVGS AND LOAN ASSOCIATION, known to me to be the ideirtical person who <br />signed the foregoing Subordination A�reement 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 tkus � day of _ T�,� � v 2012 <br />� <br />�lVOI'AR� • �te of Nebta�Ca <br />lVANCY S KNAPP <br />�y t�n. E�. 18, 2Q18 <br />No 'c <br />Subhftohf 5/11 <br />