Hi. Try this folowing code block.
DECLARE @XML xml = '<rootnode>
<node type="FILE">
<subnode>
<subvalue1>105</subvalue1>
<subvalue2>firstpayment</subvalue2>
</subnode>
<subnode>
<subvalue1>120</subvalue1>
<subvalue2>secondpayment</subvalue2>
</subnode>
</node>
<node type="DIR">
<subnode>
<subvalue1>300</subvalue1>
<subvalue2>firstpayment</subvalue2>
</subnode>
<subnode>
<subvalue1>350</subvalue1>
<subvalue2>secondpayment</subvalue2>
</subnode>
</node>
<node type="FILE">
<subnode>
<subvalue1>180</subvalue1>
<subvalue2>firstpayment</subvalue2>
</subnode>
<subnode>
<subvalue1>260</subvalue1>
<subvalue2>secondpayment</subvalue2>
</subnode>
</node>
</rootnode>'
SELECT a.b.value('subValue1[1]','varchar(10)') as Pay,
a.b.value('subValue2[1]','varchar(20)') As Mode
FROM @XML.nodes('RootNode/node[@type="FILE"]/subNode') a(b)
Thank you