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<br />200809103 <br /> <br />Further, if Senior Lien Holder acquires title to the Property pursuant to a deed in lieu of foreclosure, the <br />lien of this Mortgage shall automatically terminate upon Senior Lien Holder's acquisition of the title, <br />provided that (a) Lender has been given written notice of a default under the First Mortgage; and (b) <br />Lender shall not have cured the default under the First Mortgage, or diligently pursued curing the default <br />as determined by 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 <br />forgiveness), Lender shall release this Mortgage without charge to Borrower. Borrower shall pay any <br />recordation costs. <br /> <br />6. MODlFICA nON 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 <br />any 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 />Boerower: :s;;:;~ ~~ <br />Erik S Hudiburgh <br /> <br />Borrower: .;;l(JilQ O~..9 m. \tiudi.h{{f(~ <br />alee M Hudiburgh <br /> <br />Borrower: <br /> <br />Borrower: <br /> <br />STATE OF <br /> <br />,Ntft:t <br /> <br />) <br />) ss. <br />) <br /> <br />COUNTY OF <br /> <br />The foregoing instrument was acknowledged before me on this 29th day of <br />by Erik S Hudiburgh and Janalee M Hudiburgh, as husband and wife <br /> <br />October <br /> <br />2008 <br /> <br />~ 'A~ <77",/ <br /> <br />Notary Pu~ <br /> <br />My Commission Expires <br /> <br /> <br />(seal) <br /> <br />ARY . State of Nebraska <br />IRVIN J. REED <br />My Comm. Exp. Dec. 17,2010 <br /> <br />12857.CV (6/08) <br /> <br />902220 <br /> <br />Page 3 on <br /> <br />CAlTO(00097c96) <br />