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Return to: Arend R. Haack <br />PO Box 790 <br />6N Grand Island NE 68802 -0790 <br />NOTICE OF DEFAULT <br />0 <br />"a 0 <br />The undersigned, State Bank of Scotia, Trustee under those certain Deeds of Trust dated <br />May 25, 2012, wherein DENNIS E. BUDDE and KAY M. BUDDE, as Joint Tenants, are the <br />Trustors, and dated August 21, 2009, wherein DENNIS BUDDE and KAY BUDDE, Husband <br />and Wife, are the Trustors; which Deeds of Trust were filed of record in the office of the <br />Register of Deeds of Hall County, Nebraska, on June 12, 2012, as Instrument No. 201204680, <br />and on August 31, 2009, as Instrument No. 200907170; and which contain as trust property the <br />following- described real estate: <br />SEE ATTACHED EXHIBIT "A"; <br />which is commonly known as 9425 West One -R Road, Cairo, Nebraska; <br />together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all <br />water and riparian rights, ditches, and water stock and all existing or future improvements, <br />structures, fixtures, and replacements that may now, or at any time in the future, be part of the <br />real estate described above (all referred to as "Property "); <br />hereby gives notice of default of said Trustors for the reason that said Trustors have failed to <br />make the payments of principal and interest due in respect to the note secured by those Deeds of <br />Trust. <br />By reason of such default, the undersigned Trustee hereby elects to sell or cause to be <br />sold the above Property to satisfy the obligations of that certain Universal Note dated May 25, <br />2012, owing from Trustors to the Beneficiary, STATE BANK OF SCOTIA, pursuant to the <br />terms of those Deeds of Trust referred to above, which secure this obligation. <br />STATE OF NEBRASKA ) <br />)ss: <br />COUNTY OF Greeley ) <br />STATE BANK OF SCOTIA, Trustee <br />By: <br />Phylf. R. Hanson, President <br />On this 26th day of August , 2014, before me, the undersigned Notary Public <br />duly commissioned and qualified for in said County, personally came Phyllis R. Hanson, <br />President of State Bank of Scotia, a Nebraska corporation, to me known to be the identical <br />person whose name is affixed to the foregoing instrument, and acknowledged the execution <br />thereof to be her voluntary act and deed on behalf of said corporation. <br />Witness my hand and Notarial Seal the day and year last above written. <br />