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201405146
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201405146
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Last modified
7/20/2017 8:21:59 PM
Creation date
8/21/2014 10:17:16 AM
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DEEDS
Inst Number
201405146
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��14�514� <br /> interest af the 5ecured Par�y to the extent of the principal sum yet�win�tti Se�ured Party�n respect to�he <br /> indebtedness descri�ed in Paragrap��along with�nterest and costs allocable thereto,howe�er e�idenced. <br /> 4. 5�long as any portion of the described obliga�ion�o Secured Party is�u#standing and unpaid,the <br /> pro�isions�f the Deed of Trust of vther instrument of sec�rity between the�ebtor and the Secured Par�y are <br /> controlling as to�he�ollateral in�hich Secured Paxt}r�s to ha�e a first security interest,�ncluding any time th�re is <br /> a c�nfli�t�etvveen it and the pro�isions of any�ien instrument granted to the Subardinating Creditor by the Debt�r. <br /> 5. This Agreement is a cantinuing,absolute and uncondi�ianal agreement af subordination withnut regard <br /> ta the�alidity ar enf�irceability af the Promissary Notes or other instrum�nts af indebtedne�s between the Debtor <br /> and the Secured Par�y e�iden�ing sums due or dacurnents granting a security interest in the�allateral,irr'especti�e <br /> of the time or order 8f a�ta.�hment or perfection af the securi�interest in the Collaterai or the�rder of filing th� <br /> I�eeds of Trust or at�er instrumen�s af securit�with re�pect t�the Collateral. <br /> 6. This Agreement shall re�aain in fu11 force and effe�t and is binding upon�he Subordinating�redit�r and <br /> upon its successors and assigns,�o long as any partion of the sums secured as described in Paragraph 3 are <br /> autstanding and unpaid <br /> 7. The Sub�rdina�ing�reditor agrees that the Promissnry Notes or other instruments of indebtedness of the <br /> Debtor��iden�ing the o�ligation b�tween the Debtor and the Secured Party m.ay from time to time be renewed, <br /> e�tended.,modified,camprom�sed,accelerated,$ettled�r released,withou�natice to�r consen�by the 5ubordinating <br /> �redit�r. <br /> , .� <br /> Barry�. nds m,President and C� <br /> H�ME FEI] L SAV�NGS AN�]LQAN <br /> ASSa�IA ��N QF GRAND ISLAND <br /> "Subordinating Creditor" <br /> STAT��F NEBRASKA } <br /> �ss: <br /> C�UNTY aF�ALL ) <br /> Befar�me,a No�aary Publi�qualified in said County,pers�nally came Barry G. 5andstr�m as President and <br /> �ED of�DME F��'3ERA.L SAVI��T�S ANTL�L�AN ASS�C�AT��N,knvwn to m�ta be�he identical persan who <br /> signed the forego�ng Subordination Agreem,ent�n behalf of such�ntit�, and ackn�wledged�o execution t�er�af to <br /> be his valuntary act and deed on behalf of such entity. <br /> � .r � <br /> f � �� <br /> Wltness m hand and�at�r�a�sea�on th�s � da , <br /> Y y � � <br /> � <br /> GE���TAf�1f�5tat�r�1�br�s�a <br /> L�S�A R.N�AY���t 5 otary Publ ic � <br /> �y�m,�.N�ay 1�, <br /> � <br /> Subhftnhf 5111 <br /> ,� � <br />
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