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$6-. 103226 agreement, all of the Superior Indebtedness shall, without notice or demand, become immediately due and payable, notwithstanding any time or credit otherwise allowed 13. Borrower and Creditors agree to pay the Bank on demand, all expenses of every kind, including reasonable counsel fees, which the Bank many incur in. enforcing any of its rights hereunder.. Creditors (a) agree to sign and deliver to the bank on demand such financing statements, in form acceptable to the Bank, as may be requested by the Bank, (b) hereby also authorize the Bank to file such financing statements without the signatures of Creditors, and (c) agree to pay any filing fees relative thereto. 14. The subordination hereby effected may be terminated only by written notice actually received from the Creditors by the Bank at its office whereat the Borrower then maintains its bank account, but only as to new Superior Indebtedness created after the receipt by the Bank of such notice. In such event (or to the event of termination by operation of law), the Creditors and their respective heirs, legal representatives and assigns shall nevertheless remain bound hereunder with respect to Superior Indebtedness created or arising theretofore, and in respect of such Superior Indebtedness and any renewals, extensions or other Superior Indebtedness arising out of the same, each and every term, conversant, representation and warranty of this agreement shall continue in full force and effect and the Bank shall have all the rights accorded hereby as if no such termination had occurred. The Creditors and their heirs, executors, and personal representatives hereby do indemnify and hold the Bank harmless from and against any and all loss, claim, costs and damages, however arising by reason of any action taken or any grant of credit by the Bank in reliance upon this agreement before the Bank shall have received written notice from a responsible source of termination of this agreement by operation of law. This agreement shall supersede and take the place of any and all prior agreements of subordination and /or assignment relating to Subordinated Indebtedness, executed by the Creditors and /or the Borrower to favor of said Bank. Unless and until the subordination hereby effected is terminated as set forth in this paragraph 14, such subordination shall continue in full force and effect with respect to any new financial accommodations granted by the Bank to the Borrower after the Superior Indebtedness theretofore outstanding has been full paid, and until such subordination is so terminated the representations, warranties and agreements herein contained may be relied on by the Bank as continuing in full force and effect. 15. This agreement shall be binding upon the undersigned and the respective legal representatives, successors and assigns of the undersigned, and shall be governed by, and contrued in accordance with the laws of the State of NEBRASKA U l� J