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201602704
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Last modified
7/23/2017 10:59:38 AM
Creation date
5/3/2016 11:25:25 AM
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DEEDS
Inst Number
201602704
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2� 1 ��27�4 <br /> �ntere�t af�he Secured Party to the ex�ent of the prin�ipal sum yet o�ri�ng�o Secured Pa.rty in re�pec��o�he <br /> indeb�edness describe��n Paragraph 2 along with in�eres�and cos��a��oca��e�hereto, howev�r�viden�ed. <br /> �. So long as ar�y par�ior�af the described obliga�ian to Secured Party�s auts�a��ding and unpaid,the <br /> pr�visions of�he I]�ed of Trus��f�t�er ins�rumen�of security b�twe�n�.he Debtar and th�S��ur�d Part�are <br /> contralling as�o the�ollaterai iri wh�ch�ecur�d Party is��ha�re a�rst securi��r in�erest, ���c�udin�;any�ime�her��s <br /> a conflict betv�een��an�i�he pro�i�ians of any lien ins�rumer�t gran�ed ta�he Subordinatir�g Creditor b��he Deb�or. <br /> 5. This Agreemen��s a con�i��uing, absa�u�e and u��cQnd���a��al agr�eme��t of subord�nat�o��wi���out regard <br /> �o the va�idi��or enforceab��i��af�he Prom�ssary No�es or o�her ir�s�ruments of indeh�edness be�vveen�he De�tor <br /> and�he Secured Party e�ider��ing sums due or dacuments�ranting a security ir�teres�in�he�o��ateral, �rrespecti�e <br /> of�he��me or order of a��achme��or perfec��an of�he securit�i��ere��in the�oliateral or�he�rder of filing�he <br /> Dee�s�f Tru��ar o�her ins�rumen�s of security�vith res�ec#to�he Co�lateral. <br /> �. This Agreement shal�remain in fu�l f�rce ar�d effe�t and is bindin�upon��e Subardinat�ng�redi�ar and <br /> upon��s successo�rs and as�igns, sa lang as an�part��n of the sums secured as describ�d in Paragraph 3 are <br /> �uts�anding and unpaid. <br /> 7. The�ub�rdinatin��redi�vr agrees�ha��he Pramissor�N��es ar a�her instrume��ts of ind�b�edness of�he <br /> I�eb�or e�idenc�ng�he obl�ga�ion�e�ween�he Debtor and the Secured Party may fram time to��me be renewed, <br /> ex��nded, m�d��ed, c�mpromi�ed, accelera�ed, set��ed�r released, �zthau�notice t�or consen�by the Subordinat�n� <br /> Cred�tar. <br /> � <br /> � <br /> � <br /> S�eve Ku��zman,President and�E� <br /> �-3�M�F�I]ERA� SAVIN�S AI�D L�.A� <br /> ASS���AT��N C�F�RA�I�ISLAND <br /> � <br /> "Subord�na�ing�red�t�r" <br /> a <br /> Steve�unzman,�r�sident and CE� <br /> ��ME F�I]�RAL SAVING-S AND L�AN <br /> ASSC���ATI�N[3F`GRA�.D ISLAND <br /> "Secured Party" <br /> STATE�F N�BRAS�A � <br /> �ss: <br /> ��UNTY C]F�ALL } <br /> B�fare me, a N��ary Publ�c qual�f�ed in said �oun�y, persanail� came S�e�e K.un�man as Pr���dent a�d <br /> CE� of H�N�E FEI]ERAL �AVINGS AND L�A.� ASS���AT��N, �no�vn ta me to be�h� �den�ica� person wha <br /> signed �he f�regoing Subordi�.a�io� ,A.greemen� o�� be��a�f of such enti�y, and acknowledged to execution�hereof�o <br /> be his vfl�un�ary aC�and deed�n�ehalf af such ent���. <br /> W��ness m harid and Natar�al seal on thi s �� da af �- ����. <br /> 3� � � <br /> C�N�RAt.N�TAAY-5#at�vf I��b�aska �a Pub�ic <br /> NANCY S.KIVAP�' <br /> •� E �y Comm.Exp.A���st�8,2��9 <br /> � <br /> Subhf�ahf 5111 <br />
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