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201603280
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Last modified
7/24/2017 1:59:12 PM
Creation date
5/26/2016 1:24:39 PM
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DEEDS
Inst Number
201603280
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2� 1 ��328� <br /> �n��res�of���e S�cured�'arty to�he ex�ent of the pr�nc�pa�sum ye��wing to Secured Party in respect ta�he <br /> i��debtedn�ss described in Paragrap���alang w��h �n�eres�and�os�s allocable�hereta,hov�e��r e��denced. <br /> 4. So long as any pa�-�ion af�he descr�bed ob�i�a�i�n��Se�ured Par�y is ou�s�andin�and unpaid,t�e <br /> pro�isians of���e Deed of Trust of o�h�r inst�-umen�of security betvveen fihe Deb�or and the Secured Parfiy are <br /> con�rolling as to�he�olIa�e�•al in vvhich Secured Par�y is fio ha�e a f rst securi�y interest, inciu�ing any�ime�here is <br /> a conflic�be�wee��i�and�h�pro�is�ons of any Iien �nstrume���gra���ed�a the Suba�•di��ating�reditor by�he Debtor. <br /> 5. T'his Agr�emen�is a continuing, abso�u��and Unconditiana�agreemen�of suh�rdina��on vvithou�regard <br /> to�he valid�ty or�nforceability af�he Prom�ssory Nfltes ar other ins�rumen�s of i��deb�edne��betvveen��e Deb�ar <br /> and the Secur�d Par�y e��dencing sums due or documents granting a se�uri�y�n�erest in the Co�la�erai, irrespectiWe <br /> of�he time or order of attachmen�or perf�c�i�n af�he securifi��nterest in t��e�olla�eral a�-�he order of filing�he <br /> Deeds of Trust or o�her ins��-uments of securi��with respect to the�alla�eral. <br /> �. This A�re�ment shall remain in full force and effe��and is binding upon�he Subordina�ing�redito�-and <br /> upan its successars and assig��s,sa long as an�por��o�of the sutns secured as desc�•ibed i�Parag�•ap��3 are <br /> au�s�anding and unpaid. <br /> 7. The Subo�-di��a�in�C�-editor a��-ees���a�t��e�'ro�r��ssory No�es or o��aex-i��st�-u�nents of indeb�edn�ss af th� <br /> Debtar�vid�ncing�he obl�ga��an be�w�en�he Debfior and t��e Secured Par�y���ay fr��n�ime�o ti�ne be renewed, <br /> e�ter�ded,modifed,compr�����sed,acc�lerat�dy settied fl�-�-eleased,w��hou�natic��a or cox�sen�by the Subord�natinb <br /> Credi�ot-. <br /> S�e��Kut�zman,Presiden�and�E� <br /> H�M�FEDERAL SAV�NGS �ND LflAN <br /> 1�SS�CIATI�N�F GRAND ISLAND <br /> "Subordinatin�G�-edi�o�•" <br /> Steve unz�na�1,Pr�sid���t a��d CE� <br /> HUME FEDERAL SAVIN�S AND L�AN <br /> ASSaC�AT��N �F GR.AND ISLAND <br /> "Secured Party" <br /> STATE�F'NEBRAS�.A � <br /> �55: <br /> ��UNTY�F HALL � <br /> Befa�-e me, a Natary Pub�ic qual ified �n �a�d Cou��y, persa��all� came S�eve �unzman as Presid���� and <br /> CEC) of�DME FEDERAL SAV�NGS AND L�AN ASS�CIATI�N, knavvn �o me to be the �de���ica� perso�� v���o <br /> si�ned �he fareg�ing SUbot-dina�ion Agreement on behalf af such entity, and acknav�ledged �� execu�ion filaereof�o <br /> be his voluntary act and deed a��behalf of such entity. <br /> Wi�ness my��and and No�arial sea�on�l�is��t��day of N�a�,�D 16. <br /> ,� GE�Vf�AL N�TARY�V�a��i i`�����i►i� <br /> ;;��j � <br /> ����� NANCY S.�CNA�'P <br /> ��:� ... My Comm.�xp.A���st��,20�9 N o� b I ic <br /> Sub��fto�af 5111 <br />
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