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. � 20100943G the default on or before the date specified in the natice may result in designation of a default under the Note and the sale c�f the Prop�rty. The notice shall further inforzz� F3orrower of the rig1rt to reinstate after designation of a default and the right to bring a court aclion to assert the n.on-existex�ce of a default or any other defense of Bonrower to a desi�nation of default and sale. If the default is i�ot cured by F3orrower on or be£ore lhe date specified in the notice, and Senior Lien IIolder has not exercised its right to cure tl�e default, then Lender at its option may designate a default and require immediate payment of all sums not forgiven secured by this Mortg�ge without further dema�ad and may invok� the power oF sale and aiay other remedies permitted by applicable law. Notwithstanding Lender's right to invoke any remedies hereunder, Lender cnay not cc7mmence foreclosure proceedings or acce�t a dced in lieu of foreclosure, or exercise any other rights or remedies hereafter until it laas given Senior Lien Holder at least CO days prior written aiotice. I,endcr shall be entitled to collect all expenses incurred in pursuing the remedies provided in this section 2, including, but not limited to, reasoaable attorneys' fees and costs vf title evidence. If Lender invokes the power of sale, Lender shall mail copies of a notice of sale in the mazmer prescribed hy applicable law to Borrower, Senior Lien Holder and to t�ie other pecsons prescribed by applicable law. .I.,ender shall publisli the notice of sale by public advertisement for thc time and in the manner prescrihed by applicable law. I.e��der, without dEmand on Borrower, shall sell fhe Yroperty at public auction to t}�e highcst hidder for cash at t:t�e tinie and �lace and under the terms designated in die notice of sale in one or more parcels and in any order Lender deCer�nixies. I.ender tnay pc�stpane sale of all or aiay parcel of the Property to any later time on Che same date by public annc�uncemeilt at the tizne and placc c�f any previously scheduled sale. Lender or its desi�nee may purchase the Property at any sale. Lendar shall deliver to the purchaser Lender's deed conveying tlie Property witlaout any covenant or warranCy, expressed or implied. The recitals in Lender's deed shall be pricna facie evidence of the truth of fhe statements made therein. Lender shall apply the proceeds of tl�e sale in the following order: (a) to all expenses of tlie sale, including, but not limited to, reasonahle attorneys' fees; (b) to all surns �rot forgiven by this Mortgage; and (c) any excess to tlie person or persons legally entitled to it. 3. SUBORDINATION. 'I"liis Mortgage is subject and subordinate in all respects to the liens, terms, covenants and conditions of the First Mortgage and to all advances heretofore made or which n�ay hercai'ter be made pursuant to the First Morigage, includin� all sums advanced for the purpose of (a) protecting or further securiu� the lien of the First Mortgage, curing defaults by Borrower ua�der the First Mortgage or for ai�y other purpose expressly permitted by tlie First Mortgage; or (b) constructing, renovating, repairing, Furnishing, fixturing c�r equipping t}�e Property. The Cerms and provisions of the First MarCgage are paraxnount and controlling, and fhey supersede any otl�er terms and provisions hereof in conflict therewith. In the event of foreclosure of the First Mortgage, any provisions herein or any provisions in any other collateral agreement restricting the use of the Property or otherwise restricting Borrower's ability to sell the Pmperty shall have no furt}ier force c�r effect on subsequent owners or purchasers of the Property. Any persc�n, 111C�LiCi11]� f715 successors or assigns (other than Borrower or a related entity af Borrower), receiving title to the Property through a foreclosure of the First Mortgage shall receive title to the Froperty free and clear firom such restrictions. 4. NO'TICES. Ar►y notice to I3orrower provided for in lliis Moctgage tihall be given by delivering it or by mailing it by lirst. class mail unless applicable law requires use o£ another method. The notice shall be directed to the Property Address or any other address Borrower designates by notice ta the Lender. 5. R�LEf15E. Upon satisfaction of all sums secured by this Mortgage (whether by payment or forgiveness), Lender shall release this Mortgage without charge to B��rrower. Borrower shall pay a��y recordation costs, 6. MODIFICATION OF FIRS'T MORTGAGE [�OAN DOC:UMENTS. The L,ender consents to a»y 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 paymeni of money. IN WITNESS WH�REOF, Borr er has xecuted this Mortgage. Bprrower. Borrower: - __ _...,.....� _ .. ANDREW R ADAMS ' SHA I,�E 5TATF.. OF NEBRASKA ) ) ss. COUNTY OF HAI�L ) �r�. Th� foregoing instrument was ackt�owledged befpre me on this ��" day oP -QCf�N!1 �. , 20 1 V, by A R�W R AD and T'1SHA M LEF;, each a single pergon. � 1' N ary Public (seal) My Commission Expires: 9 3 Z 0 �� GEN�RAL Nq'fARY - State of Nebraska JOS�PH R. OQBFtOVOLNY �� My Camm. Exp. 5ept. 3, 2�12 Revised September 2, 2010 Page 2 af 2