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20060250~ related entity of Borrower), recelVlng title to the Property through a foreclosure or deed iu lieu of foreclosure of the First Mortgage shall recei ve title to the Properly free and clear from such restrictions. Further, if Senior Lien Holder acquires title to the Property pursuant to a deed in lieu of foreclosure, the lien of tills Mortgage shall automatically tenn.inate upon Selllor Lien Holder's acquisition of the title, provided that (a) Lender has been given Written notice of a default under the First MOItgagc; and (b) Lender shall not have cured tbe default under the First MOltgage, or diligently pursued curing the default as detennined by the Senior Lien Holder, within the GO-day period provided irl such notice sent to Lender. 4. NOTICES. Any notice to Borrower provided for in tills Mortgage shall be given by delivering it or by mailing it by fIrst class mail unless applicable law requires LIse of another method. The notice shall be directed to the Property Address or any other address Bonower designates by notice to the Lender. 5. RELEASE. Upon satisfaction ofal! SlllllS secured by this MOligage (whether by payment or forgiveness), Lender shall release this Mortgage without charge to BOlTower. BOlTower shall pay any recordation costs. 6. MODIFICATION OF FffiST MORTGAGE LOAN DOCUMENTS. The Lender consenls to any agreement or unangement in which Senior Lien Holder waives, postpones, extends, reduces or modifies any provisions of the First Mortgage Loan Documents, including any provisions requiring tile payment of money. IN WITNESS WHEREOF, Borrower has executed tills MOligage. BOlT'OWe~~\cQJw ~ Q ';LQnr- STATE OF NEBRASKA Borrower: COUNTY OF BUfFALt')' f\ A 1-1- ) ) 5S. ) The fOIegoing~tJ.ument was acknowledged before me on this 22nd day of March, 2006, by Nichole Perez, A Single}3,etaOn. ~ ~." N()-'P~b~c (seal) GENEfW. NOTARY. State of Nebraska HOllY THEIS MyComm. Exp. Oct. 27, 2008 .C:::.. My Commission Expires: ~.l- b E) 3