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20110112� <br />6. This Agreement shall remain in full force and effect and is binding upon the Subordinating Creditor and upon its <br />successors and assigns, so long as any portion of the sums secured as described in Paragraph 3 are outstanding and unpaid. <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 />i <br />�; <br />Barry G. ands om, President and CEO <br />HOME FED SAVINGS AND LOAN <br />ASSOCI ION OF GRAND ISLAND <br />"Subor � a g editor" <br />s <br />\ <br />Barry G. and om, President and CEO <br />H�1vIE FED SAVINGS AND LOAN <br />ASS�DC TION OF GRAND ISLAND <br />"Secured Part�' <br />STATE OF NEBRASKA ) <br />(ss: <br />COUNTY OF HALL ) <br />Before me, a Notary Public qualified in said County, personally came Barry G. Sandstrom as President and CEO of HOME <br />FEDERAL SAVINGS AND LOAN ASSOCIATION, lrnown to me to be the identical person who signed the foregoing Subordination <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 � day of �-e.� �• �-- �+ <br />� GENERAL NOTARY - State of Nebraska <br />NANCY S. KNAPP <br />My Comm. Exp. Aug.18, 2011 <br />20t1_ <br />Subhftohf 12/98 <br />