DEED IN LIEU - how to negotiate with 2nd and 3rd

[Mike Rash]

This is a follow up to my previous post.
I wanted to buy a NPN note (1st Mortgage) from the bank and then foreclose (hence acquiring the property).
However, there is 2nd and 3rd Mortgage. I did some future research and discovered that the foreclosure process in NY would take 24 month to 36 month (This is a DEAL BREAKER).

Some posters suggested doing a DEED IN LIEU… If I am able to locate the borrower, how would I go about negotiating with 2nd and 3rd lenders?
The balance on the 2nd is $150k and 3rd is $80k… Can you guys recommend how to proceed?