The Eye of Odin continues to tell its tale to Thor. He sees a version of himself, but mortal, fighting against a storm until he sees a dwelling and seeks shelter within. A woman gets him some water when her husband comes home and offers him his hospitality. Hunding asks for his story, and this mortal Thor tells him his name is Woe-King, he has a twin sister, and their father's name was Wulf. They had returned home one day to find his mother dead and his sister gone, apparently killed by their enemies, the Neidings. He has since wandered until he recently came across a clan forcing a woman into a marriage she didn't want. He slays them, but the woman is accidentally killed during the fray. Hunding then tells him that those were his kinsmen and, come the dawn, he will kill him. Later that night, Hunding's wife sneaks out and shows Woe-King a sword imbedded in a tree, put there by a grey-clad stranger, which no one can remove. He pulls out the sword, now named Needful, and reclaims his true name - Siegmund, the mightiest warrior of the house of Volsungs.
Hunding's wife then reveals that she is Sieglinde, his sister. In Asgard, Frigga is enraged and demands that Siegmund dies for the breaking of Hunding's marriage vows. Odin sends Brunnhilda to take back the power of the sword. Back on Earth, Siegmund and Sieglinde take refuge in a cave until a vision of Brunnhilde tells him that the power is gone from the sword, but his love for his sister moves her, so she says that she will protect them. Hunding arrives, and Siegmund gets the better of him until Frigga demands that Odin intervene. Odin is enraged that Brunnhilda disobeyed him, and he goes to defeat Siegmund himself through Hunding. Siegmund is slain, and Odin kills Hunding but swears vengeance against Brunnhilda for forcing him to kill his son.

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