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i N 0 solllommal V NOTICE OF DEFAULT AND ELECTION TO SELL NOTICE IS HEREBY GIVEN of the default of John J. Schroll and Carolyn M. Schroll, husband and wife, (the "Trustors ") under two Deeds of Trust recorded on June 7, 2006 and October 16, 2008 in the records of the Register of Deeds in and for Hall County, Nebraska as Instrument Nos. 200605100 and 0200808764, respectively. Said Deeds of Trust name Pathway Bank, as Beneficiary and Trustee. Marvin L. Andersen has been appointed Successor Trustee by virtue of an Appointment of Successor Trustee filed for record in the Register of Deeds Office in and for Hall County, Nebraska. Said Deeds of Trust convey property ( "the Trust Property") legally described as Lot One (1), Obermeier Subdivision, an Addition of the City of Grand Island, Hall County, Nebraska. NOTICE IS FURTHER GIVEN THAT a breach of the obligations for which the Trust Property was conveyed as security has occurred, the nature of the breach being more particularly described as failure to make payments as the payments became due on the promissory notes secured by the Deeds of Trust. The amount of the entire unpaid principal sum secured by the Deed of Trust is $292,507.95. The amount of interest accrued thereon is $54,138.67 as of the date this Notice of Default and Election to Sell was signed by the Successor Trustee. The dollar amount of the per diem interest accruing from and after the date this Notice of Default and Election to Sell was signed by the Successor Trustee is $52.42. The amount of the unpaid principal due that would be due if no default had occurred is $90,472.09.