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241042399 <br />7. The Subordinating Creditor agrees that the Promissory Notes or other instruments of indebtedness of the Debtor <br />evidencing the obligation between the Debtor and the Secured Party may from time to time be renewed, extended, modified, <br />compromised, accelerated, settled or released, without notice to or consent by the Subordinating Creditor. <br />Barry G. d from, President arad C1~O <br />HOME FED L SAVINGS AND LOAN <br />ASSOCI TION OF GRAI~ID ISLAND <br />Barry G. dstrom, President and CEO <br />HOME FED AL SAVINGS AND LOAN <br />ASSOCI TION OF GRAND ISLAND <br />"Secured Park}?' <br />STATE OF NEBRASKA ) <br />(ss: <br />COUNTY OF HALL ) <br />Before rne, a Notary Public qualified in said County, personally came Barry G. Sandstrom as President and CEO of HOME <br />FEDERAL SAVINGS AND LOAN ASSOCIATION, known to me to be the identical person who signed the foregoing Subordinat~nn <br />Agreement on behalf of such entity, and acknowledged to execution thereof to be his voluntary act and deed on behalf of such entity, <br />Witness my hand and Notarial seal on this 15~' day of January, 2010. <br />(~NEpAL NOTARY . State pi Nebraska <br />NANCY S. KNAPP <br />My ~~. (~-. Aug. 18, 2011 Notary Public <br />My Commission Expires: $ ~ 1 `+~ 1 ~a ~S <br />Subhftohf 12/98 <br />