My WebLink
|
Help
|
About
|
Sign Out
Browse
201209134
LFImages
>
Deeds
>
Deeds By Year
>
2012
>
201209134
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
8/19/2014 2:21:04 PM
Creation date
10/31/2012 8:42:27 AM
Metadata
Fields
Template:
DEEDS
Inst Number
201209134
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
2
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
�0�209��� <br />interest of the Secured Pariy to the extent of the principal sum yet owing to Secured 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 instrument 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 Agreement is a continuing, absolute and unconditional agreement of subordination without regazd <br />to the validity or enforceability of the Promissory Notes or other instcuments of indebtedness between the Debtor <br />and the Secured Pariy 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 insiruments of security with respect to the Collateral. <br />6. This Agreement sha11 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 />outstanding and unpaid. <br />7. The Subordinating Creditor agrees that the Promissory Notes or other instruments of indebtedness of the <br />Debtor evidencing the obligation 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. ,. n n <br />Bazry G. S dstro�i, President and CEO <br />HOME FEDE SAVINGS AND LOAN <br />ASSOCIA ION OF GRAND ISLAND <br />"S bor Cr 'tor" <br />� <br />Barry G. ds om, President and CEO <br />HOME FED SAVINGS AND LOAN <br />ASSOC TION OF GRAND ISLAND <br />"Secured Party" <br />STATE OF NEBRASKA ) <br />(ss: <br />COUNTY OF HALL ) <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, laiown to me to be the identical person who <br />signed the foregoing Subordination Agreement on behalf of such entity, and acl�owledged 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 � d� <br />�NEAaI. NOTARif - S�te of Ne�ka <br />NANCY S KNAPP <br />I�t Comm. Exp. Aug.18, 2018 <br />Subhftohf 5/11 <br />
The URL can be used to link to this page
Your browser does not support the video tag.