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�01208622 <br />4. So long as any portion of the described obligation to Se,cured 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 aze <br />coirtrolling as to the Collateral in which Secured Party is to have a first security iirterest, including any time there is <br />a conflict between it and the provisions of any lien instrument grazrted to the Subordinating Creditor by the Debtor. <br />5. This Agreemeat is a continuing, absolute and unconditional agreemern of subordination without regard <br />to the validity or enforceability of the Promissory Notes or other insmaments of indebtedness between the Debtor <br />and the Secured Pariy evidencing sums due or documents ga�ing a security urterest 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 filin� the <br />Deeds of Trust or other instruments of security with respect to the Collateral. <br />6. Tlris Agreemern shall 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 />outsta.nding and unpaid. <br />7. The Subordinating Creditor a�rees that the Promissory Notes or other insmiments of indebtedness of the <br />Debtor evidencing the obligation between the Debtor and the Secured Pariy may from time to time be renewed, <br />e�ctended, modified, compromised, accelerated, settled or released, without notice to or consent by the Subordinating <br />Creditor. <br />Barry G. and om, Preside�t and CEO <br />HOME FED SAVINGS AND LOAN <br />ASSOC TION OF GRAND_ ISLAND <br />HOME <br />STATE OF NEBRASKA <br />COUNTY OF HALL <br />) <br />(ss: <br />) <br />� <br />Presidem and CEO <br />SAVIl�TGS AND LOAN <br />v 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 idenrical person who <br />signed the foregoing Subordination Agreement on behalf of such entity, and acknowledged to execution thereof to <br />be tris voluntary act and deed on behalf of such enrity. <br />Witness my hand and Nota.rial seal on tlus ��'' <br />�NE�AI NOTAAY- State oI Nebra� <br />� NANCY 3 KAIAPp <br />- � ��. �. �9.18, 2015 <br />day of S�_�+e,1r, � , 2012 <br />No blic <br />Subhftohf 5/11 <br />