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<br />----------------- - - - - -- [SPACE ABOVE THIS LINE FOR RECORDING DATA]---------------- - - - - --
<br />Re: Troy Menghini and Rashell Menghini;
<br />Loan No. 11108198 TRUSTEE'S DEED 200008185
<br />KNOW ALL MEN BY THESE PRESENTS:
<br />That a Deed of Trust was made and entered into on or about November 19, 1996, by and between Troy
<br />Menghini and Rashell Menghini, as husband and wife, as Trustors, and Home Federal Savings & Loan
<br />Association of Grand Island, Beneficiary, wherein Arend R. Baack, Attorney was named Trustee. This
<br />Deed of Trust was recorded November 22, 1996 in the Records of the Register of Deeds of Hall County,
<br />Nebraska as Instrument No. 96- 109137.
<br />On or about November 19, 1996, Home Federal Savings & Loan Association of Grand Island,
<br />Beneficiary, assigned all of its right, title and beneficial interest in the Deed of Trust to Principal
<br />Residential Mortgage, Inc. The Assignment was recorded November 22, 1996, in the office of the
<br />Register of Deeds of Hall County, Nebraska, as Instrument No. 96- 109138.
<br />Michael E. Currans, Attorney at Law, has been appointed Successor Trustee, pursuant to a
<br />Substitution of Trustee filed for record with the Register of Deeds of Hall County, Nebraska.
<br />Hereinafter the Successor Trustee, Michael E. Currans, Attorney at Law, will be referred to as
<br />GRANTOR.
<br />The GRANTOR in consideration of Ninety -Four Thousand Sixty -Six Dollars and Sixty -Two
<br />Cents ($94,066.62) and other valuable consideration received from Principal Residential Mortgage,
<br />Inc., hereinafter GRANTEE, does hereby grant, bargain, sell, convey and confirm unto GRANTEE the
<br />following described real property in Hall County, Nebraska:
<br />Lot Eight (8), Fonner View Subdivision, in the City of Grand Island, Hall County,
<br />Nebraska
<br />To have and to hold the above - described premises together with all tenements, hereditaments and
<br />appurtenances thereto belonging unto the GRANTEE, and to the GRANTEE'S successors and assigns
<br />forever.
<br />GRANTOR does hereby covenant with the GRANTEE and with the GRANTEE'S successors
<br />and assigns:
<br />(1) That Troy Menghini and Rashell Menghini, as husband and wife, as Trustors, failed to
<br />pay the Beneficiary payments which were contractually due, and the GRANTOR, at the request of the
<br />Beneficiary, elected to declare the entire unpaid principal balance, together with interest thereon, at once
<br />immediately due and payable.
<br />(2) That a Notice of Default was recorded by GRANTOR on February 11, 2000, as
<br />Instrument No. 2000 - 01169, in the records of the Register of Deeds, Hall County, Nebraska. Within ten.
<br />(10) days thereafter, a copy of the recorded Notice of Default was mailed by certified mail, postage
<br />prepaid, to all parties entitled to notice, pursuant to said Deed of Trust and in compliance with Neb. Rev.
<br />Stat. § 76 -1008 (Reissue 1996).
<br />(3) That Trustors, Troy Menghini and Rashell Menghini, as husband and wife, failed to cure
<br />the default referenced in the Notice of Default within 30 days after the recording of the Notice of
<br />Default.
<br />(4) That a Notice of Trustee's Sale was executed by GRANTOR on July 10, 2000. At least
<br />twenty (20) days prior to the date of sale, a copy of the Notice of time and place of the Trustee's Sale
<br />
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