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89-t /00/77
<br />N13TICE OF DEFAULT
<br />TO WHOM IT MAY CONCERN:
<br />WHEREAS, Edward E. McAleer and Mary W. McAleer, husband
<br />and wife, as Trustors, on March 31, 1983, made, executed, and
<br />delivered to Stewart Title Guaranty Company, as Trustee, a Deed
<br />of Trust covering the following described property, to wit:
<br />Lot E1eveh (11), i n: Block Twelve (12), in
<br />College Addition to West Lawn in the City? of
<br />Grand laland, Hall County, Nebraska.
<br />r, ,? •, said Deed of Trust was given as security for
<br />the paymeht of A certain note on the same date by Edward E.
<br />McAleer and Mary W. McAleer, husband and wife, to Superior
<br />Mortgage, Inc., the Beneficiary of said Deed of Trust, which Deed
<br />of Trust was recorded on March 31, 1983, in the office of the
<br />Register of Deeds, Hall County, Nebraska, as Document No. 83-
<br />001523 of the Mortgage Records; and
<br />WHEREAS, the said Superior Mortgage, Inc., duly
<br />executed a written Assignment of the Deed of Trust to Banco
<br />Mortgage Company on April 4, 1983, and thereupon delivered the
<br />Deed of Trust and said written Assignment thereof to Banco
<br />Mortgage Company in the regular course of business and for a
<br />valuable consideration, which Assignment of Deed of Trust was
<br />recorded in the office of the Register of Deeds for Hall County,
<br />{-
<br />Nebraska, on April 19, 1983, as ,Document No. 83- 001908 of the
<br />Mortgage Records; - and
<br />1=
<br />=. EP v the said No -rweas MortganP; Tnc. - fjk /a Banco
<br />Mortgage Company, duly executed a written Assignment of the Deed
<br />of Trust to The Lomas & Nettleton Company on March 31, 1983, and
<br />thereupon delivered the Deed of Trust and said written Assignment
<br />thereof to The Lomas & Nettleton Company in the regular course of
<br />business and for a valuable consideration, which Assignment of
<br />Deed of Trust was recorded in the office of the Register of Deeds
<br />for Hall County, Nebraska, on August 28, 1985, as Document No.
<br />85- 004144 of the Mortgage Records; and
<br />WHEREAS, the said Lomas & Nettleton Company duly
<br />executed a Substitution of Trustee on June 20, 1988, removing
<br />Stewart Title Guaranty Company as original Trustee. and appointing
<br />Kevin L. Reiher as successor Trustee, which'' Substitution of
<br />Trustee was recorded in the office of the Register of Deeds for
<br />Hall County, Nebraska, on August 19; 1988, as Document No. 88-
<br />104576 of the Miscellaneous Records; and
<br />WHEREAS, a breach of the obligation for which the trust
<br />'{
<br />property was conveyed as security hag occurred, to wit: Edward
<br />E. McAleer and Mary W. McAleer, husband and wife, have wholly
<br />r
<br />failed, neglected, and refused to pay the principal and interest
<br />due for the months of November 1987 through January 1989,
<br />inclusive, on said note, to the Beneficiary;
<br />THEREFORE, notice is hereby given that the undersigned
<br />Trustee at the request of the Beneficiary, and in consequence of
<br />said default,., has elected to sell, or cause to be sold, the
<br />above-described-real estate to satisfy said obligation.
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<br />J..
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