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<br />NOTICE OF DEFAULT
<br />100345
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<br />TO WHOM IT MAY CONCERN:
<br />WHEREAS, Edward E. McAleer and Mary W. McAleer, husband
<br />and wife, as Trustcrs, 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:
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<br />Lot Eleven (11), in Block Twelve (12), in
<br />College Addition to West Lawn in the City of
<br />Grand Island, Hall County, Nebraska..
<br />WHER1;Z, said Deed of Trust was given -as. security for
<br />the payment of a .certaii. note on the same date by Edward E.
<br />McAleer and Mary W.4 McAleer, husband and ;a;i$e, to Superior,
<br />Mortgage, Inc., the 'Seneficiary cf said Deed 6Z-Trust, which deed
<br />of T-rust was recorded on March 31, 1981, in the office of the
<br />itegi.tter of Deeds,. Hall County, Nebraska, as Document No. 83-
<br />001521t, of the k%rtjage Records; and
<br />WF$ERFAS,,. • , the said Superior Mortgage, Inc., duly
<br />executed a -': written '. nm
<br />:assigent of the . baed of Trust to Banco
<br />Mortgage Comma h. are April 4, 1983, anti thereupon delivered the
<br />Deed. of Truat 'arid said written Assig=eft.t. thereof to Banco
<br />Mortgage Company in the regular. course'rof; ; 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 />Nebraska, on April 19, 1983, as Document No. 83- 001908 of the
<br />Mortgage Records; and
<br />WHEREAS, the said Norwest Mortgage, 'Inc., f /k /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 of
<br />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 Trust on June 20, 1988, removing
<br />Stewart title Guaranty Company as original Trustee and appointing
<br />Kevin L:� Reiner as successor Trustee, which, Substitution of
<br />Trustee was recorded, in the office of the Registers of Deeds for
<br />Hall .'.Cqunty, 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 />property was conveyed as security has occurred, to wit: 'Edward
<br />E. McAleer and Mary W. McAleer, husband and wife, have wholly
<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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