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2011034�� <br />the event of foreclosure or deed-in-lieu of foreclosure of the First Mortgage, or if the First Mortgage is assigned to the <br />Secretary of the U.S. Depariment of Housing and Urban Development, any provisions herein or any provisions in any other <br />collateral agreement restricting the use of the Properly or otherwise restricting Borrower's ability to sell the Property shall <br />have no further force or effect on subsequent owners or purchasers of the Property. Any person, including his successors or <br />assigns (other than Borrower or a related entity of Borrower), receiving title to the Properiy through a foreclosure or deed-in- <br />lieu of foreclosure of the First Mortgage, or through the assignment of the First Mortgage to the Secretary of the U.S. <br />Department of Housing and Urban Development, shall receive title to the Properiy free and clear from such restrictions. <br />If Lender invokes the power of sale, Lender shall mail copies of a notice of sale in the manner prescribed by applicable law to <br />Borrower, Senior Lien Holder and to the other persons prescribed by applicable law. Lender shall publish the notice of sale <br />by public advertisement for the time and in the manner prescribed by applicable law. Lender, without demand on Borrower, <br />shall sell the Property at public auction to the highest bidder for cash at the time and place and under the terms designated in <br />the notice of sale in one or more parcels and in any order Lender determines. Lender may postpone sale of all or any pazcel of <br />the Property to any later time on the same date by public announcement at the time and place of any previously scheduled <br />sale. Lender or its designee may purchase the Property at any sale. <br />Lender shall deliver to the purchaser Lender's deed conveying the Property without any covenant or wananty, expressed or <br />implied. The recitals in Lender's deed shall be prima facie evidence of the truth of the statements made therein. Lender shall <br />apply the proceeds of the sale in the following order: (a) to all expenses of the sale, including, but not limited to, reasonable <br />attorneys' fees; (b) to all sums not forgiven by this Mortgage; and (c) any excess to the person or persons legally entitled to it. <br />3. NOTICES. Any notice to Borrower provided for in this Mortgage shall be given by delivering it or by mailing it by first <br />class mail unless applicable law requires use of another method. The notice shall be directed to the Property Address or any <br />other address Borrower designates by notice to the Lender. <br />4. RELEASE. Upon satisfaction of all sums secured by this Mortgage (whether by payment or forgiveness), Lender shall <br />release this Mortgage without charge to Borrower. Borrower shall pay any recordation costs. <br />5. MODIFICATION OF FIRST MORTGAGE LOAN DOCUMENTS. The Lender consents to any agreement or <br />arrangement in which Senior Lien Holder waives, postpones, extends, reduces or modifies any provisions of the First <br />Mortgage Loan Documents, including any provisions requiring the payment of money. <br />IN WITNESS WHEREOF, Borrower has executed this Mortgage. <br />Borrower: � Borrower: � <br />Matthew R Le er An ela effler <br />STATE OF NEBRASKA ) <br />) ss. <br />COUNTY OF HALL ) <br />, � �! <br />The foregoing instrument was acknowledged before me on this� day o , 20 , <br />by ]�'afl�ew R Leffler �d An�ela K�fler, Husband and Wife. <br />Notary <br />(seal) <br />My �� Commission Expires: ��Z�/� � <br />GENERAL NOTARY State of Rlebraska <br />SHERRI L. O'GAL�AGHAN <br />My Comm. Fxp. Sep� 28, 2011 <br />Revised February 2011 <br />Page 2 of 2 <br />