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<br />200707622 <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 />"~'-'~:~"'~'<~'"'""'> <br />Borrower: -=.~,~o.~'"-? <br />-Trevor Knecht <br />STATE OF NEBRASKA <br /> <br />IN WITNESS WHEREOF, Borrower has executed this Mortgage. <br />.....-? <br />","'-"7 _______ /./ <br />r- _____ - ........ <br />. .;:/;~.O<-.~.- Borrower' <br />,.....' , .-"''''7 .._--- . <br />,.-- <br /> <br />COUNTY OF HALL <br /> <br />) <br />) ss. <br />) <br /> <br />The foregoing instrument was acknowledged before me on this 31st day of August, 2007, <br />by Trevor Knecht, a Single Person. <br /> <br />.':\.. <br />C.' Notary Public <br /> <br />~ <br /> <br />My Commission Expires: {o O' Z 7 - (l g <br /> <br />1) <br />GENEIW.. NOTARY. Slate 01 NebraSka I <br />HOLLY THEIS <br />My Comm. Exp. Oct. 27, 2008 <br /> <br />3 <br />