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2� 1 ��8521 <br /> in�er�s�of�he Secured Par�to�he extent of the pr-incipal su�n ye�ovving�o S�cured Party in respect to the <br /> inde�tedness d�scribed i��Paragrap��2 along v�i�h i��te�-es�a��d cos�s a�loca�ble thereto,hovv��er e�ridenc�d. <br /> 4. So long as any por��an of�he descr�bed obliga��on to Secured Pat-fiy is oUtstanding and unpaid,�he <br /> provisi�ns of�he Deed af Trus�of o�h�r instrumen�af secur�ty between�he Deb�or and the Secured Pa�-ty are <br /> con�rolling as to the�o��a�erai �n which Se�ured Party is to ha�e a f rst security in�e�-est, inciuding any�ime there �s <br /> a conflic�b��w���a it and the pro��sions af any l�e�ins�rument granted�a�he Subordi��a�ing Creditor by�he Deb�or. <br /> 5. Th�s Ag�•�emen�is a continuing, absolu�e a�d un�a��ditiona� agreement of subardina��on wi�hou�regard <br /> t��he�aIidity or enfarceab�l��y af the Prom�ssory No�es or o�her instruments of indebt�dness be�vv��n the Deb�or <br /> and the Secured�'ar�y ev�dencing sums due or do�ume���s�ranting a s�curity inter�s��n the�ol�atera�, �rrespeG���e <br /> of the time or order of attachmen�or perfec�ion of t��e securi�y interes�in��e�ol�at�ra�or�he order of filing�h� <br /> L7eeds of Trust ar other ir�strumen�s of securiCy vvith respec��a�he Calla�eral. <br /> 6. Th�s Agr�emen�shai�remain in full farce and effec�and�s b�nd�ng upon�h�Subordinating�redi�or and <br /> upon i�s successors and assigns,so �on�as any p�r��on af�he sums secu�-ed as descr�bed in Paragraph 3 are <br /> outstan�ing and unpaid. <br /> 7. The Subordinating Creditor agrees that�he Prornissory Notes ar other���s�rume���s of indeb�ednes�of���e <br /> Debtar evidencing the ob�igatian be�v�een�he Deb�or and the 5ecu�-ed Par�y ma�fi-om time�o�ime be renevved, <br /> ex�ended,madified,comprom�sed,ac�e�erated,settled or released,�i�hout no��ce to or�onse���by the Subordinating � <br /> �redi�or. <br /> Ste�e Kunz�naY�,Pr�sident a�ad�EC� <br /> H�M�FED�RAL SAVIN�S AND L�AN <br /> ASS�CIAT��N DF�RANI7 ISLAND <br /> "Subordinating�redi�or" <br /> S�e�e Ku��zman, Px-eside��t and�E� <br /> I-��ME�'EDERAL�AVIN�S AN�L�AN <br /> ASS���ATIQN�F GRAND �SLAND <br /> "S�cured Par�}�" <br /> STAT��F N�BRAS�A � <br /> �ss: <br /> ��UNTY C�F HALL } <br /> BefQre me, a No�ary Pu�l�c qualif ed in said C�un�.y, pe�-sona�l� came S�e�e Kunzman as Presidenf and <br /> CED flf H�M� FEDERAL SAVIN�S AND LC)AN ASS�CI�T�ON, kno��� to me �o be fihe id�ntica� pers�n v�ho <br /> sibned �he forego�ng �ubordina�ifln Agreemen� �n behalf of such ent��y, and acknowledged t� execu�ian thereof�a <br /> be his volUn�ary act and deed on b�haif of such entity. <br /> Wi�ness n�y hand and Notaria�seaI on t��is 1�t��day of December �nl�. <br /> �.. �..�.. <br /> � �.. .�-�...�.�; <br /> GENERAL�DTAf�Y-5�a�e o�Neb�a� <br /> �,��� ary P ub��c `�--..._. � <br /> �ANCY S.KNA�'p <br /> � �#y Gomm.�xp.Aug�si�8,�ai9 � <br /> -�` ��...._....w.�_.� <br /> Subhf�ohf 51�1 <br />