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241101�14 <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 />Barry G. ds om, President and CEO <br />HOME FED RAL SAVINGS AND LOAN <br />ASSOC TION OF GRAI�ID ISLAND <br />Barry an�dstrom, President and CEO <br />HOME FE ERAL SAVINGS AND LOAN <br />ASSO ATION OF GRAND ISLAND <br />"Secured Party" <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 February, 2011. <br />_._ _ . <br />� GENERAL NOTARY- State of NPbraska Notary Public <br />IJl�ii , <br />�. �,� NA1dCY S. KNAPP ' <br />-�� MyComm. Exp. Aug.18, 2011 <br />� <br />.. . � <br />_ -- • • ; <br />Subhftohf 12/98 <br />