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<br />200705132 <br /> <br />furnishing, flXturing or equipping the Property. The terms and provisions of the First Mortgage are <br />paramount and controlling, and they supersede any other terms and provisions hereof in conflict therewith. <br />In the event of foreclosure or deed in lieu of foreclosure of the First Mortgage, any provisions herein or any <br />provisions in any other collateral agreement restricting the use of the Property or otherwise restricting <br />Borrower's ability to sell the Property shall have no further force or effect on subsequent owners or <br />purchasers of the Property. Any person, including his successors or assigns (other than Borrower or a <br />related entity of Borrower), receiving title to the Property through a foreclosure or deed in lieu of <br />foreclosure of the First Mortgage shall receive title to the Property free and clear from such restrictions. <br /> <br />Further, if Senior Lien Holder acquires title to the Property pursuant to a deed in lieu of foreclosure, the lien <br />of this Mortgage shall automatically terminate upon Senior Lien Holder's acquisition of the title, provided <br />that ( a) Lender has been given written notice of a default under the First Mortgage; and (b) Lender shall not <br />have cured the default under the First Mortgage, or diligently pursued curing the default as determined by <br />the Senior Lien Holder, within the 60-day period provided in such notice sent to Lender. <br /> <br />4. NOTICES. Any notice to Borrower provided for in this Mortgage shall be given by delivering it or by <br />mailing it by first class mail unless applicable law requires use of another method. The notice shall be <br />directed to the Property Address or any other address Borrower designates by notice to the Lender. <br /> <br />5. RELEASE. Upon satisfaction of all sums secured by this Mortgage (whether by payment or forgiveness), <br />Lender shall release this Mortgage without charge to Borrower. Borrower shall pay any recordation costs. <br /> <br />6. MODIFICATION OF FIRST MORTGAGE LOAN DOCUMENTS. The Lender consents to any <br />agreement or arrangement in which Senior Lien Holder waives, postpones, extends, reduces or modifies any <br />provisions of the First Mortgage Loan Documents, including any provisions requiring the payment of <br />money. <br /> <br />IN WITNESS WHEREOF, Borrower has executed this Mortgage. <br /> <br /> <br />Borrower: ~/dff &P;;C/Pt/'~ Borrower: <br />RACHEL R ROWLEY (/ <br /> <br />STATE OF NEBRASKA ) <br />) ss. <br />COUNTY OF Ho..\ , ) <br /> <br />18th <br />The foregoing instrument was acknowledged before me on thisl2i'Att day of June, 2007, <br />by Rachel Rowley, a single person <br /> <br />~Jf{b <br />Nota ublic <br /> <br />(se <br /> <br /> <br />GENERAL NOTARY . stale of Nebraska <br />ANTHONY R. CHAPMAN <br />My Cllmm. Elcp. <br /> <br /> <br />My Commission <br /> <br />Expires: . \ \ <br /><.:.5 .,:l~'* C <br /> <br />3 <br />