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202502496 <br />24. Termination of Certain Restrictions on First Lien FHA -Insured Deed of Trust. In the <br />event of foreclosure or deed in lieu of foreclosure of a prior deed of trust or assignment of the first <br />deed of trust securing the first lien note to the Secretary of Housing and Urban Development, any <br />provisions herein or any provisions in any other collateral agreement restricting the use of the <br />Property or otherwise restricting the Borrower's ability to sell the Property will have no further <br />force or effect. Any person (including their successors or assigns) receiving title to the Property <br />through a foreclosure or deed in lieu of foreclosure of a prior deed of trust will receive title to the <br />Property free and clear from such restrictions. <br />BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in <br />this Security Instrument and in any Rider signed by Borrower and recorded with it. <br />Witnesses: <br />(Seal) <br />Bryan Vargas Plcado -Borrower <br />(Seal) <br />-Borrower <br />(Seal) <br />-Borrower <br />(Seal) <br />-Borrower <br />[Space Below This Line For Acknowledgment] <br />STATE OF Nebraska Hall County ss: <br />The foregoing instrument was acknowledged before me this 9 th day of May, 2025 , by <br />Bryan Vargas Picado A Single Person <br />My Commission expires: September 27, 2025 <br />Prepared By: <br />Charter West Bank <br />714 N Diers Ave <br />Grand Island, NE 68803 <br />(308) 384-4644 <br />Amy L d <br />Loan Origination Company & NMLS Id: Charter West Bank - 466077 <br />Loan Originator & NMLS Id.: Amy L Otto - 491143 <br />NEBRASKA SUBORDINATE DEED OF TRUST <br />Laser Forms Inc. #NIFA116 11/24 <br />Page 12 of 12 <br />'C <br />. ") <br />- Notary Public <br />GENERAL NOTARY -State of Nebraska <br />AMY L OTTO <br />My Comm. Exp. September 27, 2025 <br />1111��J`'�., <br />i1 1. <br />