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2012035�2 <br />NOTICE OF DEFAULT AND ELECTION TO SELL <br />James A. Wagoner, Trustee does herewith provide the following Notice of <br />Default: <br />1. That this Notice of Default pertains to a Deed of Trust filed on the 16�' da.y <br />of August, 2010 in the Register of Deeds Office in and for Hall County, State of <br />Nebraska under pocument 1Vumber 0201005783; <br />2. That the trust property affected by this Notice of Default and as identified <br />in said Deed of Trust is the following: <br />Lot Two (2), Grimminger Subdivision, City of Grand Island, Hall County, Nebraska <br />also known as 367 North Walnut, Grand Island NE; <br />3. That the parties to said Deed of Trust are as follows: James A. Wagoner, <br />Trustee; The Church of God New Jerusalem, a Corporation, Trustors; Sam Crrimminger <br />and Kay Grimminger, Beneficiaries. <br />4. That a breach of an obligation under said Deed of Trust, a.nd <br />accompanying Promissory Note ha.s occurred. The nature of said breach of obligation is <br />that Trustors aze in arreazs on monthly payments due under the Deed of Trust to the <br />extent of $2,400.00 and that the total amount of principal and interest due and owing <br />under the Deed of Trust and said Promissory Note as of April 30, 2012 is the sum of <br />$50,180.11. <br />5. That furthermore, Trustors have breached said Deed of Trust by failing to <br />maintain fire and extended insurance coverage on the property. <br />6. That Trustors have also failed to pay their portion of real estate taxes in <br />the sum of $772.36. <br />That by virtue of said breach of said obligation under said Deed of Trust and <br />Promissory Note, the undersigned Trustee: does hereby declare the entire balance of the <br />Promissory Note forthwith due and payable; does hereby elect to and will proceed to sell <br />