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200706899 PREPARED BY: MOSS CODILlS, L.L.P. Two Greenwood Plaza 6560 Greenwood Plaza Boulevard, Suite 100 Englewood, CO 80 III Preparer: Maria Reyes ~OYl T) 4 <3<? 1 Loan No. 0696581396 WHEN RECORDED RETURN TO: Old Republic Title Attn: Post Closing-Recording 320 Springside Dr. Suite 320 Akron, OH 44333 SPACE ABOVE THIS LINE FOR RECORDER'S USE LOAN MODIFICATION AGREEMENT This Loan Modification Agreement ("Agreement") is effective as of June 29,2007, ("Effective Date") between Jimmy Sleeper and Cheryl K. Sleeper, as husband and wife, (hereinafter, "the Borrower"), and Deutsche Bank National Trust Company, as Trustee for Long Beach Mortgage Loan Trust 2006- WL2, the Note holder and mortgagee. Together, the Borrower and the Trust are referred to herein as "the Parties". RECITALS The Parties enter into this Agreement with reference to the following stipulated facts: A. On September 26, 2005, Borrower purchased, re-financed Of otherwise obtained an interest in a certain real property in Hall County, Nebraska. In connection with the acqUisItion of the real property the Borrower delivered a certain promissory note dated September 26,2005, in the original principal amount of$85,500.00 ("Note"). B. The Note was and is secured by a deed of trust, mortgage, applicable riders, addenda or other security instrument ("Security Instrument"), dated September 26, 2005, and recorded October 3, 2005, as Instrument No~2@ej~~g 18, in the official records of Hall County as a lien against the real property described in the Security Instrument, and located at 409 Arapahoe Street, Grand Island, Nebraska 68803 (the "Subject Property"), and is more particularly described as: 1C O-aOO50q~ \D LOT 11, BLOCK 2, IN DALE ROUSH SECOND SUBDIVISION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. TAX ID #: 400162962 C. Borrower is the current owner of record of the Subject Property. No other persons or business entities have ownership, management or control of the Subject Property. Borrower has not assigned, transferred, mortgaged or hypothecated the Subject Property, or any fee estate therein, nor the rents, income and profits of the Subject Property as may be described in the Security Instrument, except as set forth in these recitals.