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20�20�25� interest of the Secured Party to the exte� of the principal sum yet owing to Secured Party in respect to the indebt�ness described in Paragraph 2 along with interest and costs allocable thereto, however evidenced. 4. So long as any portion of the described abligation to Secured Party is outstanding and unpaid, the provisions of the Deed of Trust of other instrument of security between the Debtor and the Secured Party aze controlling as to the Collateral in which Seciued Party is to ha.ve a first security interest, including any time there is a conflict between it and the provisions of any lien instrument granted to the Subordinating Creditor by the Debtor. 5. This Agreemetrt is a corninuing, absolute and unconditional agreemeirt of subordination without re�ard to the validity or enfarceability of the Promissory Notes or other instrumerns of indebtedness between the Debtor and the Secured Party evidencin� sums due or documents gtantin� a security interest in the Collateral, irrespective of the time or order of attachment or perfection of the security interest in the Collateral or the order of filing the Deeds of Trust or other instrumerns of security with respect to the Collateral. 6. This Agreeme� sha11 remain in full force and effect aad is binding upon the Subordinatin� Creditor and upon its successors and assigns, so long as any portion of the sums secured as described in Para�raph 3 are outstanding and unpaid. 7. The Subordinating Creditor agre�es that the Promissory Notes or other insm►ments of indebtedness of the Debtor evidencin� the obligation between the Debtor and the Secured Party may from time to time be renewed, extended, modified, compromised, accelerated, settled or released, without notice to or consent by the Subordinating Creditor. _ ►� n Bany G. S dst.�om, President and CEO HOME FED SAVINGS AND LOAN ASSOCIA ON OF GRAT�TD ISLAND "Barry G. and�tram, President and CEO HOME FED SAVINGS AND LOAN A5SOC TION OF GRAND ISL�ND "Sec�ued Party" STATE OF NEBRASKA ) (ss: COUNTY OF HALL ) Before me, a Notary Public qualified in said County, personally came Barry G. 5andstrom as President and CEO of HOME FEDERAL SAVIl�TGS AND LOAN ASSOCIATION, lrnown to me to be the idemical person who signed the foregoing Subordination Agre,ement on behalf of such entity, and acknowledged to execution thereof to be tus voluntary act and deed on behalf of such entity. Witness my hand and Notarial seal on tlus �� day of August, 2012. �� G9�EHAl NOTM1'- S�de of Na� Notary ' c NAIdCY S KNAPP (�r comm. Exn. Aup.18, 2ot5 Subhftohf 5/11