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201608604
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Last modified
7/28/2017 1:12:21 PM
Creation date
12/21/2016 9:48:58 AM
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DEEDS
Inst Number
201608604
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2� 1 ��8��4 <br /> in�eres�of�he Secured Pa�-�y�o�he ex�en�of�he principal su���y�t owing to Secured Party in r�spect to t��e <br /> indebtedness describ�d i�� Paragraph�alang vvi�h inter�st and cos�s allocable there�o,��owe�er eWidenced. <br /> 4. So�ong as any po�iot�af�he described o��igation�o Secured Party is�u�s�anding a��d unpaid,the <br /> provisions of�he De�d of Trust of other in��rument of securifi�between�he Deh�or a��d�he Secured Par�are <br /> con��-oll���g as ta the�olla�eral in vvhich Secured Par�y is ta ha�e a frs�security in�eres�, including any�im�there is <br /> a conflic�be�ween��a�d the pr���sians of any lien instrum�nt granted�o�he Subordina�ing�reditor by th�Deb�or. <br /> 5. This Agre�men��s a cantinu�ng,abso�ute and unconditional agreem�nt�f subordination���h�ut regard <br /> to�he�alidi�y or�nfar�ea�i�ity af�h�Promissor�Not�s or other ins��-uments of indebtedness�e��een the Deb�or <br /> and the Secured Party evidenc�ng sums due or docume�ts gran�ing a securi�interes�in the�ollateral, ir�•especti�e <br /> af rhe�i�ne or order of a�tachmen�ar perf��tian of th�security�n�ere�t in�he Calla�eral�r�he order of f l���g�he <br /> �eeds of Trus�or other inst�•umen�s of securi�y�nrith�-espect to the Co�la�era�. <br /> �. Th�s Agreement shall rema�n in ful�for�e and eff�ct and is binding upan�he Sub�rdinating�redi�or and <br /> upon its successors and assigns, so lo��g as any por�ion of�l�e su�ns secured as descr�bed in Paragraph 3 are <br /> ou�s�and�ng and unpaid. <br /> 7. The Suhordiz�a��ng�red��or agrees�hat the Pra�nissory No�es or other inst�-umen�s of indebtedness of the <br /> Deb�or e�idenc�nb the obl�ga��a��be�ween#he Dehtor and t��e 5ecured Far�y may fra�n�ime�o time��renevved, <br /> extended, madifed,camprom�sed,accelera�ed,settled�r x-eleased,v�it��ou�no�ice�o ar co��sent by�he 5ubordinating <br /> Creditor. <br /> � <br /> Ste�e Kunzman,�'res�den�and CEC� <br /> H�ME F�D�RAL SAV�NGS AND L�AN <br /> ASSC�CIAT��N��'GRAND �SLAND <br /> "SUbo�"dln�#�p Credito�-" <br /> w S�e�e K.un�man, P�-esid�nt and�E� <br /> H4ME F�DERAL SAV�NGS AND LC�AN <br /> A.SS���ATI�N UF�RAND ISLAND <br /> "Secured�'arry" <br /> STATE�F NEBRASKA � <br /> �ss: <br /> �flUNTY�F�ALL � <br /> Before me, a Notar� Public qualified in sai� �ounty, personal�y came Steve Kun2man as Preside��� a��d <br /> CEC� af HDN�E F�DERAL SAV�NGS AND L�AN ASS4C�ATZ�N, known�o me �a be�h� �den�ica� person vvho <br /> signed �he foregoing Subordination Agreeme�� o� be��alf af such entit�, and acknor�rledged �o ex�cution �hereof�o <br /> be h�s vo�un�ar�ac�and deed on beha�f of suc��enti�y. <br /> W��ness Yny��and and Notarial seal o��this 21 s�day af D,ecember,�4��. <br /> rr�� <br /> :1 _ <br /> ��w.____��, <br /> �iEN�flAL 1��TARY-Sta��o�N�braska <br /> .� NAi�GY S.KNAPP No�ary.� lic <br /> _� <br /> �y C�mm,Exp,A���st 1$,�o�9 <br /> Subhftohf 51�� <br />
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