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�o��o���o <br />4. So long as any portion of the describal 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 Pariy is to have a first security irterest, 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 agreemetrt of subordination without regard <br />to the validity or enforceability of the Promissory Notes or other instnunents of indebtedness between the Debtor <br />and the Secured Party evidencing sums due or documents granting a security irnerest in the Collateral, irrespective <br />of the time or order of atta.chment 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 A�reement 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 Para�raph 3 are <br />outstanding and unpaid. <br />7. The Subordinating Creditor agrees that the Promissory Notes or other instrumems of indebtedness of the <br />Debtor evidencing the obli�ation between the Debtor and the Secured Party 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 />, <br />Barry . Sandstrom, President and CEO <br />HOME FF ERAL SAVINGS AND LOAN <br />ASSO ATION OF GRANIa ISLAND <br />Barry <br />HOME F <br />STATE OF NEBRASKA <br />COUNTY OF HALL <br />) <br />(ss: <br />) <br />iom, Presideut and CEO <br />SAVINGS AND LOAN <br />V OF GRAND ISLAND <br />"Secured Party" <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 ASSOCIATTON, known to me to be the identical person who <br />signed the foregoing Subordinaxion Agr�ment 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 � day of � c�n �21 , 2012 <br />�AAI. NOTARY • Sbde a� Nabrasl� <br />NANCY 8 KNAPP <br />NIy lamm. Exp. 18� 2016 <br />Notaxy lic <br />Subhftohf 5/11 <br />