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. : _.._ .: __ <br /> _ _ _ <br /> __ -�::;.�.--=---- =-- =� - -�-- , ' - _— <br /> :� s ,_� :>��_ . <br /> _ — --r.-�- — - ..... �a .,�.=�x� - - `-:--— . -----_— =— � _ .— <br /> •- . � <br /> ; -- . `.— �.._ : ., z*`.�'..s�"'�' --�- _� I _ . . - - <br /> y _ . _ •. • , S���r� _ � - r ' _ _ _ _, -- <br /> ... . . . • f a -��.' �� . - <br /> �- � -�' --- - . _ , _. . . . .o.:ei^o. . .`,� .. .� ' . . . ..�... - <br /> . �. <br /> . __ _,.,, ; .�. . .. ��.--�, -- 1- Y/• I//o <br /> � <<.`� , --; - ::� .. -. <br /> _ —. °��� ' � - . . _ <br /> . ., t , . . . . _ <br /> � � - - - <br /> _ _� ..__ - .`�.�--- ,_ _.�- -- -- — _ - - _- � — <br /> . . <br /> _ �� „ � � <br /> _ � , � . ' � , . �- �� :�� <br /> ' , � � '... SUBQRDIt7ATION AGRBEMENF �.. . ' ,�, __ <br /> � - _ .. _ . �.,".r"�'�-.-,�,-.l� ��-�'� _ <br /> ,: . . . �� x <br /> • �'�r.r- �.�- <br /> - — . � ., � . . . - � ._. �"r '4c r�` -- <br /> ' �``.'. <br /> - - � � THIS .AGRE�lQ�IT made and executed�thfs, � day of ` , � ;�,��. �.� <br /> � 'w�/k/a F I RST � - <br /> � - - fEB. � �.�-� ,i991* 6y and between FIR&T Bl�lNR. ; �.�,.�:.,:_.,.:... _ <br /> i�1SSTSID HANK, hereinafter re€erred.�Lo as 'SubordieaEing ` , f ��°_-� � <br /> � G�edicor•� and THE QVBitLUiD tiATiONAi. BANK OF GRAND ISLAND, �her�- f.�:.,_.: . . . <br /> � ina€ter referred to as "Secured Party'. - . . �� y .�:�c. . : <br /> . k, _. .. < <br /> ., ., yi�'T[�IESS�TB; .. . � , . . . . - <br /> ZflWES� pRAtJCHISE CORPORATIOt�, hereina€ter .refecred _° �. . _ _ ___ <br /> KSEREAS� M , <br /> + T� to as "Qebtor'� bas granted� to the Subor�snati�g Cred#.tor a ��c�.-�;��:�'� � � ! s: � { <br /> rity fntere�t fn �asfous iteins a€ .personal nroperty which f��Yud:e;: . .: ;'.�`;.,;'•; :.;r.,;<;_:,- - <br /> . . « . . . .� •i:y:.._-. F.E� ,; <br /> . :.. - - the ic��ec�t��, equiPrent, fixtures. accaunts. , instrum�nts,� dQ�u;;,;;,>.:;`;:;; -..'� iFr r�j<�s>,::°.`�.. <br />� • r..:�'•`� . ��- _ (��i. 7.�, - . <br /> neents r access ions. chattel gap ar and ai� other tang ibi� anc�:.:-;..�'�;i�:.-�-:�-�� . - '�:;�',,, �:. <br /> , ` .�.�,��;:��`�``� intanc,��le propert� 'sn build�ng improvements a�ci 2�seiia�c� , ;; t' � . E' .. ' `r� TA:... <br /> _ � ;.�' � in+praasn:ents - ' . . ,.,_ . ° r.._ ` . �� �., - <br /> � ��� .. <br /> . . �_.i3 � � �1 �:��:':`. ':1.:�'��� C �f .. `.. <br /> ry_ ,��_ . ... ;_ .�. .:! ...�,:1•��y.,:".';: . . . . g .. <br /> . �.f 1 4 \'E S� <br />? � R; ..� , � ' WHEAEAS, the Secured Part� has agreed to enter i��-# ���� � �; �� • �r�r_ <br /> �.. �. � �--_- <br /> � .-� ,' =_��- with the Debtor whereby certain additional funds are�"� �:l�� � ��;r:.:�t� , � . �;, <br /> `��t':—T--==-.--=--- -- advancFd-�to"tii�e�ebtar-conditiorial upon-th��Uebtor .prtiv;€��ing ttie � . �-__ ., �� •_, <br /> .d � <br /> �"�A ,6=�'�`:�� '� H� Secured Party�with a first security interest in all. �fi�a��tory, , � • a . - , ,``W <br /> .. `,�,°'�! .,,.. ,. � . , . , � �...r. <br /> �� eqaipment. £fx�ures, accounts...instru�aent.g, doc,t3���r 1�:'��$-5, f�' ;^`„� � <br /> � `�` ;�' ���: � � , sians; chattel paper and all other tangible a�il-intaa��t��±�::�r�;�'�- ,� s; �<,<<,: <br /> . �r � j� CJ _�w_�r '�E ` . <br /> I'��. . '�Y��.��, � t ether with all re lacements, aflditions- S1T�I��`•�k?���CT�l�fl�;,` , �`�t t;:1 � - _ <br /> ,,.i, f.t...,.:.: , erty. 09 P � : . �:. <br /> '�;� `;{ and additions theretio, whether nox dwned or herea ft��r ����r�z � � , r�.„:t- <br /> .:.t>. ._ <br /> .. � •�� � � � attributable to the bcaldiqg•and the aperatians conz�.t��s�� ��:t�e • ; , ;.,�:_ <br />� : ��,,`,,,�,.;,�:� Debtor in Grand Islana,.: ecnder��}e name and sty���,�_ �����L��: ����'� ; ` , � .. _�_ <br /> � , '<<�`�� at 1828 N. Web�s Road; upaa �tat�`�eal estate leg��l� c��� b�� a��: � _ <br /> � �'s`�`1vEi Y}• � ' � Lot Four f4�, Cone>�:oga �North 3u1ad��,vision, an ad�z�ron� ' � . � '�- <br /> ` :� : �..,, <br /> --�%` � �•�,''�;�� ,;; to the Cit}� af �ra�� Island, Hal� �`ounty. Nebras�Ca; � s 'f;�.',:. <br /> •:,L� ,i,;�'���{���, ,: .., .. - <br /> ; F,:s..�'� ;,s:i,;�. <br />. • , �;�j�Ft�;��:�%�.�� „ hereinafter reterted to as the "Collateral"; and ' <br /> , �;>:�:;�� : <br /> `r.I�„ �,�y.,,..a, <br /> , �. � <br /> 7}t't{;:,. ; .�f�-�, . <br /> �:. <br /> , „ ., • '•••; , �� iJHEREAS� the Subi�rd inating C r�:d itar is wil l ing to sub�r.�i- � , � . � <br /> • �- . . . � � .� nate any lien it may t��vQ in respect to the Collateral by raason ; ' <br /> -:;r'��• of Subordinating Creditor•s filed Financiag Statements ffled of . ; � � <br /> . :'� ' r�cord in the office of the 8ecretary af State of tha State of ; � <br /> '�` �'�`��- • Nebraska on September 29, 19�� as instrument No. 69686, toqether - ' - <br /> r,.,,::;.�:,,n�... .. ,. , `. . .. , <br /> � ��`�"'°'i`'"�� with all continuations thereoE, in order to assure the Secured . . <br /> � <br /> '`l;sa�r!';..( .i � , . <br /> . � :,.,�.,,�;.,,..ti._ <br /> Part of a f irst aecurit interest in and to the Coll�teral; . `�;,%�'• <br /> � � ,��,��..,, ,,. ,. Y Y , , . f<;: <br /> . ...,,.;.,�;(i':, •`�'it`": <br /> 5;�1���,:... "(:.� , � � ,<� ' <br /> ':+`�";;3rf�;t;;���;'. NOW, THER�ORE, it is agreed: . •r'�;" � <br /> �;4't��• . �� ,tii _ � • ,:'. `�,`,� t . <br /> , �(}",1I(S,Ss��j�S�j,S . ' . ';� ' : ' � . . , -` � •� ��. <br /> �i:I,S��fit'lTl�' 7� !)•1 `�� �( ~' � <br /> S <br /> . �., , The ..F.�f�ordinating Cc��itar haroby coris�nt� rct;,�a subordi- t �' ' •r.��„ <br /> ��� t natie,� .�f ita prfarit�r� �osit�on to the Seeureci Farty, �nc! agrees ' , • ;��;� <br /> ' :��;�r•�'.: �� �,ti ;' � tha� ��s 1 ien, if �r��.�.s�aal.�,at al l times be 3eoandar}��to the � %�;`,; <br /> � � � • . '": •�� ',. � ex�ent herefn provid��i �ard sG�ject to the 1 ien of tha Seccred , , � .��''`��' <br /> . Party in respect to alI inve*et�ry, eguipmenr., fixtures, accoants, � ; . <br /> �� � . instruments, documents, accessfons, chattel paper and all other ' •.:�' <br /> ti ! : " , � , ' •�';;;" <br /> r , i`?'{. , . 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