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201502934
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201502934
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Last modified
7/21/2017 2:18:58 AM
Creation date
5/8/2015 9:19:14 AM
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DEEDS
Inst Number
201502934
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��15��934 <br /> interes�of�he Secured�'ar�y�o t��e extera�of�he pr�ncipal s��n ye#ovvinb ta Secured Par�y in respect ta th� <br /> indebted�ess described in Pa��agraph�alo�ab v�ith �n�eres�and costs allocable thereto,however evide�a�ed. <br /> 4. So long as a��y par�ion of the described ob�i�,a�ion to SecUred Pa�-ty is au�standing and unpaid,#he <br /> pro�isions of����I]�ed af Trust of ot��e�•i��strument of securi�y be�ween th�Deb��r and�he Secured Par�y are <br /> cont�a�l�n�as�o�h��ai�a�eral in vvhic��Secured Par�y is�o ha�e a frSt S�Curl�y irl'��r�5�, i��cludin�any�ime ther�is <br /> a conf�ic�between it and the proWisions of any lien ins�rum�nt gran�ed to the Subord�na��nb Creditar by the D���or. <br /> S. Th�s Agr�em�n�i5 a C�n��rlUing,absoiute and unco��di�ional agreemen�of su�a�rdinatian vvithout regard <br /> �o�he�a�idit}�o�-enf�rceabi�i�y of�he Pro�nissory Notes or o�he�-ins�rumen�s of indebtedn�ss bet�een t���Deb�or <br /> and�he Secured Par�y evidenci��b sums due or do�umen�s gran�ing a security interest in the Colla��ral, irrespec�ive <br /> of the�ime or order�f a�tachmen�or perfec�ion af�he security interes�in the�o��atera� or#he order of f ling�he <br /> Deeds of Trus�or a�her instruments af securi�}�with respect t�the�oliateral. <br /> �. `�h�s Agreemen�shall rema�n in full forc�and effec�a�d is binding up�n�he Subordina�ing Credi��r and <br /> upon ��s suc�essors and assigns, so long as any porti�n of the su�ns secured as described i��Para�rap��3 are <br /> ou�stand�ng and unpaid. <br /> 7. The Subordi��a�ing�r�ditor agre�s t��a��he Promissory Notes�r o�her ins�rumen�s of i��d�btedx�ess of the <br /> Debtor evidencing�he obligat�on�etv�een�he Debtor and t��e Se�ured Par�y may f�om�i�ne to�ime be r�nev�ed, <br /> �x��nded, mod�fied,compromis�d,accelerated, s�ttl�d or released, vvi�hou�natice�o or conse��t hy th�Subard�na��ng <br /> �redi�or. <br /> � . .. �� <br /> c�._ � � �:.� �._� <br /> Bar�y G. S `"ds�r m, Presiden�a��d�E� <br /> ��ME FEDE L SAVINGS AND L�AN <br /> ASS4��A I�N�F AND SL I] <br /> " bar '.ating e 'fi�r" <br /> � <br /> � � <br /> � .._..... �. <br /> � a � `��..� <br /> ��_� <br /> Bar��G. ands rom,P�•esiden�a��d CE� <br /> ��ME FED RAL SA'�1�INGS AND L�AN' <br /> ASS�� T��N�F GRAND �SLAND <br /> "Secured Party" <br /> STATE aF NEBRASKA } <br /> �SS: <br /> ��UNT'Y QF HALL } <br /> Before me,a Notary Puhiic qualifed in said�oun�y, personally�a��e Barry G. Sandstram as Pr��iden�and <br /> �E� af H�ME FEDE�AL S�VIN�S AND L�AN ASS�C�ATI�N, knov�n t� me to �e ���e iden�ical persan wh❑ <br /> signed �he foregoing Subordina�ion Agr�ement o�� beha�f af suc�a entity, and ackno�I�dged to e�e�u�ion �hereof�o <br /> be his�olun�ary ac�and deed on be��a�f of such en�i��. <br /> V�i�n�ss my ha��d and No�a�-ia�seai on t��is�S�h day of Ap�•il,2�1�. <br /> � <br /> � " <br /> ��� <br /> G�NFRAL�OTaRY-Sta#e af N��a�ka Na�ary ic <br /> `� �iANCY�#��VAP� <br /> My�mm.�xp.A�g.18,�D�5 _ ' . <br /> Subh�tohf 5111 <br />
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