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<br />200805942 <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 givcn 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 />Borrower: C~g~ <br />CLA Y N L LEMMER <br /> <br />Borrower/J1 ~ '.6~fl1fll-t/ <br />MIKKI B LEMMER <br /> <br />STATE OF NEBRASKA <br /> <br />) <br />) ss. <br />) <br /> <br />COUNTY OF DAWSON <br /> <br />The foregoing instrument was acknowledged bcfore me on this 30th day ofMA Y, 2008, <br />by CLAYTON L LEMMER & MIKKI B LEMMER, HUSBAND AND WIFE. <br /> <br /> <br />Itft~~ J( <br /> <br />Notary Public <br /> <br /> <br />~--~-] <br />~..tIIt _ <br /> <br />My Commission Expires: 5/1/]2 <br /> <br />3 <br />