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Pursuant to Article 10 of Chapter 76 of the Revised Statutes of Nebraska, notice is hereby given
<br />of a default by Thaddeus J. Stobbe and Cynthia A. Stobbe, husband and wife (whether one or more, collectively
<br />the "Borrower "), under that certain Deed of Trust by and between said Borrower and American Pioneer Title
<br />Insurance Company as Trustee ( "Original Trustee "), and Beneficial Nebraska, Inc., d /b /a Beneficial Mortgage
<br />Co., as Beneficiary ( "Lender "), which said Deed of Trust was filed of record with the Hall County Register of
<br />Deeds on May 1, 2001, as Instrument No. 200103909. Per a Substitution of Trustee, Michelle Shandera Kugler,
<br />a member of the Nebraska State Bar Association ( "Trustee "), has been substituted for the Original Trustee as
<br />trustee. The trust property described in said Deed of Trust is the following:
<br />Fractional Lot 7, in Fractional Block 116, in Koenig and Wiebe's Addition to the City of Grand
<br />Island, Hall County, Nebraska, and its complement, to -wit: Fractional Lot 7, in Fractional Block
<br />116, in Railroad Addition to the City of Grand Island, Hall County, Nebraska
<br />Breaches of obligations for which the above - described trust property was conveyed as security
<br />have occurred inasmuch as the Borrower has failed to pay monthly principal and interest payments that were
<br />due pursuant to the terms of said Deed of Trust and Promissory Note referred to therein (the "Note "). The
<br />indebtedness under the Note and secured by the Deed of Trust has been accelerated and Borrower is liable to
<br />Lender for the full amount of all principal and interest under the Note, plus all future interest per the terms of
<br />the Note, plus all other fees, costs, and expenses to which Lender is entitled under the said Deed of Trust, the
<br />Note, and /or applicable law. Borrower is hereby notified that Borrower has the right to (a) reinstate the
<br />obligation secured by the Deed of Trust by making timely payments in accordance with the terms of Neb. Rev.
<br />Stat. § 76 -1012, and (b) bring a court action to assert the nonexistence of a default or any other defense of
<br />Borrower to acceleration and sale.
<br />Pursuant to the terms of the said Deed of Trust and Article 10 of Chapter 76 of the Revised
<br />Statutes of Nebraska, Trustee, at the instruction of Lender, has elected to sell or cause the above- described trust
<br />property to be sold to satisfy the Borrower's obligations to the Lender under said Deed of Trust.
<br />DATED 2004.
<br />TRUSTEE:
<br />Michele Shandera Kugler, a member of the
<br />Nebraska State Bar Association,
<br />Trustee
<br />STATE OF NEBRASKA )
<br />) ss.
<br />COUNTY OF LANCASTER )
<br />The foregoing instrument was acknowledged before me on , 2004, by Michelle
<br />Shandera Kugler, as Trustee. _
<br />=:TERESA OTARY -State 01 Nntdsk, /f1
<br />J. ROSENTH U (/ mm. Exp. Sept. 13, 2004 otary Public
<br />Please return to:
<br />Michelle Shandera Kugler
<br />Rembolt Ludtke & Berger LLP
<br />1201 Lincoln Mall, Suite 102
<br />Lincoln, NE 68508
<br />(402) 475 -5100
<br />J:\MSK\HFC\DOTLiq\stobbe-nod.wpd
<br />22729.670
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<br />NOTICE
<br />OF DEFAULT
<br />Pursuant to Article 10 of Chapter 76 of the Revised Statutes of Nebraska, notice is hereby given
<br />of a default by Thaddeus J. Stobbe and Cynthia A. Stobbe, husband and wife (whether one or more, collectively
<br />the "Borrower "), under that certain Deed of Trust by and between said Borrower and American Pioneer Title
<br />Insurance Company as Trustee ( "Original Trustee "), and Beneficial Nebraska, Inc., d /b /a Beneficial Mortgage
<br />Co., as Beneficiary ( "Lender "), which said Deed of Trust was filed of record with the Hall County Register of
<br />Deeds on May 1, 2001, as Instrument No. 200103909. Per a Substitution of Trustee, Michelle Shandera Kugler,
<br />a member of the Nebraska State Bar Association ( "Trustee "), has been substituted for the Original Trustee as
<br />trustee. The trust property described in said Deed of Trust is the following:
<br />Fractional Lot 7, in Fractional Block 116, in Koenig and Wiebe's Addition to the City of Grand
<br />Island, Hall County, Nebraska, and its complement, to -wit: Fractional Lot 7, in Fractional Block
<br />116, in Railroad Addition to the City of Grand Island, Hall County, Nebraska
<br />Breaches of obligations for which the above - described trust property was conveyed as security
<br />have occurred inasmuch as the Borrower has failed to pay monthly principal and interest payments that were
<br />due pursuant to the terms of said Deed of Trust and Promissory Note referred to therein (the "Note "). The
<br />indebtedness under the Note and secured by the Deed of Trust has been accelerated and Borrower is liable to
<br />Lender for the full amount of all principal and interest under the Note, plus all future interest per the terms of
<br />the Note, plus all other fees, costs, and expenses to which Lender is entitled under the said Deed of Trust, the
<br />Note, and /or applicable law. Borrower is hereby notified that Borrower has the right to (a) reinstate the
<br />obligation secured by the Deed of Trust by making timely payments in accordance with the terms of Neb. Rev.
<br />Stat. § 76 -1012, and (b) bring a court action to assert the nonexistence of a default or any other defense of
<br />Borrower to acceleration and sale.
<br />Pursuant to the terms of the said Deed of Trust and Article 10 of Chapter 76 of the Revised
<br />Statutes of Nebraska, Trustee, at the instruction of Lender, has elected to sell or cause the above- described trust
<br />property to be sold to satisfy the Borrower's obligations to the Lender under said Deed of Trust.
<br />DATED 2004.
<br />TRUSTEE:
<br />Michele Shandera Kugler, a member of the
<br />Nebraska State Bar Association,
<br />Trustee
<br />STATE OF NEBRASKA )
<br />) ss.
<br />COUNTY OF LANCASTER )
<br />The foregoing instrument was acknowledged before me on , 2004, by Michelle
<br />Shandera Kugler, as Trustee. _
<br />=:TERESA OTARY -State 01 Nntdsk, /f1
<br />J. ROSENTH U (/ mm. Exp. Sept. 13, 2004 otary Public
<br />Please return to:
<br />Michelle Shandera Kugler
<br />Rembolt Ludtke & Berger LLP
<br />1201 Lincoln Mall, Suite 102
<br />Lincoln, NE 68508
<br />(402) 475 -5100
<br />J:\MSK\HFC\DOTLiq\stobbe-nod.wpd
<br />22729.670
<br />
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