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200710018 Further, if Senior Lien Holder acquires title to the Property pursuant to a deed in lieu of foreclosure, the lien of this Mortgage shall automatically terminate upon Senior Lien Holder's acquisition of the title, provided that (a) Lender has been given written notice of a default under the First Mortgage; and (b) Lender shall not have cured the default under the First Mortgage, or diligently pursued curing the default as determined by the Senior Lien Holder, within the 60-day period provided in such notice sent to Lender. 4. NOTICES. Any notice to Borrower provided for in this Mortgage shall be given by delivering it or by mailing it by first class mail unless applicable law requires use of another method. The notice shall be directed to the Property Address or any other address Borrower designates by notice to the Lender. 5. RELEASE. Upon satisfaction of all sums secured by this Mortgage (whether by payment or forgiveness), Lender shall release this Mortgage without charge to Borrower. Borrower shall pay any recordation costs. 6. MODIFICATION OF FIRST MORTGAGE LOAN DOCUMENTS. The Lender consents to any agreement or arrangement in which Senior Lien Holder waives, postpones, extends, reduces or modifies any provisions of the - First Mortgage Loan Documents, including any provisions requiring the payment of money. IN WITNES er has executed this Mortgage. Borro Borrower: S STATE OF NEBRASKA ) ) ss. ) COUNTY OF HALL The foregoing instrument was acknowledged before me on this 28TH day of November, 2007, by Simon J Valderaz, a single person. N~t ~.-- (seal) My Commission Expires: .~ ;2.'1-=' I GENERAL NOTARY - State of Nebraska ANTHONY A. CHAPMAN My Comm. Exp. March 24, 2011 3