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<br />1_ ' <br /> <br />.. <br /> <br />200708469 <br /> <br />Further, if Senior Lien Holder acquires title to the Property pursuant to a deed in lieu offoreclosure, 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 ofa 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 />Borrowe"~';" M Borrowe" <br />Ray 0'19 1;>. Pncr? Jr. <br />STATE OF l'Lmrt]5~a... ) <br />-1 I I ) ss. <br />COUNTY OF --HltJ, ) <br /> <br />The foregoing instrument was acknowledged before me on this 27th day of September, 2007, <br />by Raymond D. Price, Jr., a Single Man. <br /> <br /> <br />~li}A~ <br /> <br /> <br />My Commission Expires: '6/"r:::/oq <br />I . <br /> <br />GEt\GlAL NOTARY - State of Nebraska <br />DE\lRA McELFIOY <br />My COrTlm. [fr, Aug, 25, 2009 <br /> <br />3 <br />