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201503496
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Last modified
7/21/2017 2:30:11 AM
Creation date
5/28/2015 2:55:11 PM
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DEEDS
Inst Number
201503496
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��15�349� <br /> in�eres�of the Secu�-ed Party to the ex�en��f�he principa� sum ye�owing t�Secured ParCy in respe���o the <br /> ���debtedness described in Parag�-aph 2 along w��h�n�er�st and costs a��ocable there�o,howe�er ev�denced. <br /> 4. So Iong as any par��or�of�he descr�bed ob��gation�o Se�ured Par�y is outs�andirig and unpa��,�he <br /> pro�isions of th�Deed af Trus�af at�aer instrumen�of secur��y be�w�en�he Deb�ar and�he Secured Party are <br /> can�rol��n�;as�o�he�a�lateral in vvh�ch S�cured Par�y�s to ha�e a frst s�cur��y interes�, �ncluding any�ime there is <br /> a conflict b�tvv�en�t and�he pro�isions af an��zen�nstrum�n�gran�ed�a�he Sub�rdina�ing Creditar b�the Deb�or. <br /> 5. Th�s Agreemen�is a cant�nuing,a�solute and uncond�tional agree�nen�of subardina�i�n�vi�hout rebar� <br /> to�he�alid�ty�r enfarceabi�i�y�f�he Pram�ssory Notes or other ins��•umen�s of indeb�edness be�ween�he Debt�r <br /> and the S�cured Par�y e�videnc�ng sums due or docun�ents gran�ing a secur��y�nteres�in�he�oilat�ral, �rrespecti�e <br /> of�he�ime or order of at�achmen�or perf�ction of the se�ur��y interes�in the Cal�ateral or�he order af fling the <br /> Deeds of Trus�or a�her ins�rumen�s of secur��y wi�h respec��a�he Co�la��ral. <br /> 6. This Agreement sha��r�m.ain in fuil forGe and effec�and is�inding up�n�he Subordina��ng Cred�tor and <br /> upan i�s successors and ass�gns,so Iong as any por�ion af�h�sums secured as descr�bed in Paragraph 3 are <br /> outstand�ng and unpaid. <br /> 7. The Subardinating�reditar agrees that the Pramissory No�es or o�her��s�rumen�s of�ndeb�edness�f the <br /> Deb�ar��idencing the ob�igation b�tween the Deb�or and�he Secured Par�may from time to�ime be renewed, <br /> ex�ended,modif�ed,comprom�sed, accelerated, se�tled ar r�l�ased,rnri��ou�notice�o or consent�y th�Subord�na�ing <br /> �red�tor. <br /> Steve Kun�man, Sr Vic�Presiden� <br /> H�ME FEDERA�S A V�N�S ANI3 L�AN <br /> ASS���AT��N�F�RAND�SLAND <br /> "Subordina�ing Credxtor" <br /> Steve unzman, Sr�ice Presiden� <br /> H�ME FEDERAL SAV�NGS AND L�AN <br /> ASS�CIATI�N�F GRAND ISLAND <br /> "Se�ur�d Party" <br /> STATE�F NEBRAS�A } <br /> �ss: <br /> C�UNTY�F HALL } <br /> Befflre me, a Na�ary Pub��c quaii��d �n said Cau��ty, personal�y came S�eWe�unzman as Sr Vice P�•es�den� <br /> af H�ME FEDERAL SAV�N�S AND L�AN ASS�CIAT�flN,knavvn�o m��o be th�identical persfln w��o signed <br /> �he faregaing Subordina�ion Agreemen� on behalf of such enti�y, and acknowledged t� execu�ion thereof�o be his <br /> �o�un�ary ac�and deed on beha�f of such en�i��. <br /> '�V��ness my hand and Notar�a�seal on�h�s da�of ,�415 <br /> . � <br /> GENERAt NaTAR1' State��N�h�aska <br /> ; N�INGY�KNAP� Natary P l�� <br /> ,...' ..� �!y Comm,Exp.A�g.�S,2��5 <br /> Subhftohf 51�1 <br />
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