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201101521 <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 />3 � <br />Barry G. dst om, President and CEO <br />HOME FED L SAVINGS AND LOAN <br />ASSOCI TION OF �RA�VD ISLAND <br />� " 'ub �d na i g 'iectitor" <br />, , <br />Barry G San strom, President and CEO <br />HOME FE ERAL SAVINGS AND LOAN <br />ASSOCIATION 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, known 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 />, _ . _ _. - - <br />y _1g day of _ _ _ _ _ �n11 _ <br />Witness m hand and Notarial seal on this <br />I �i GENERAL NDTARY - St�te of Nebraska <br />� !NG; <br />� NANCY S. KNAPP <br />;���� My Comm. Exp. Aug.18, 2011 <br />_. � <br />i <br />Notary Public <br />Subhftohf 12/98 <br />