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<br />200405596
<br />----------- `- ""- -- _Z[SPACE ABOVE THIS LINE FOR RECORDING DATA]- -
<br />Re: FSBB No. 9 -4283 TRUSTEE'S DEED
<br />KNOW ALL MEN BY THESE PRESENTS:
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<br />10.5-0
<br />That a Deed of Trust was made and entered into on or about November 19, 1993, by and
<br />between Eric N. 'Rayburn and Chloe M. Rayburn, as husband and wife, as Trustors, and Columbus
<br />Federal Savings Bank, Beneficiary, wherein Commercial Federal Bank, a Federal Savings Bank, was
<br />named Trustee. This Deed of Trust was recorded November 19, 1993 in the Records of the Register of
<br />Deeds of Hall County, Nebraska as Instrument No. 93- 110030.
<br />On or about November 23, 1993, Columbus Federal Savings Bank, Beneficiary, assigned all of
<br />its right, title and beneficial interest in the Deed of Trust to Commercial Federal Mortgage Corporation.
<br />The Assignment was recorded December 27, 1993, in the office of the Register of Deeds of Hall
<br />County, Nebraska, as Instrument No. 93- 111132.
<br />Hereinafter the Trustee, Commercial Federal Bank, a Federal Savings Bank, will be referred to
<br />as GRANTOR.
<br />The GRANTOR in consideration of Thirty -One Thousand Six Hundred Seventy -Five Dollars
<br />and No Cents ($31,675.00) and other valuable consideration received from NAFCO NE Federal
<br />Credit Union , hereinafter GRANTEE, does hereby grant, bargain, sell, convey and confirm unto
<br />G ANTES the following described real property is Hall Ccunty, Nebraska:
<br />Lot Sixteen (16) in Block Three (3), Better Homes Subdivision to the City of Grand
<br />Island, Hall County, 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 Eric N. Rayburn and Chloe M. Rayburn, 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 October 6, 2003, as Instrument
<br />No. 200313337, in the records of the Register of Deeds; Hall County, Nebraska. Within ten (10) days
<br />thereafter, a copy of the recorded Notice of Default was mailed by certified mail, postage prepaid, to all
<br />parties entitled to notice, pursuant to said Deed of Trust and in compliance with Neb. Rev. Stat. § 76-
<br />1008 (reissue 1996).
<br />(3) That Trustors, Eric N. Rayburn and Chloe M. Rayburn, as husband and wife, failed to
<br />cure 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. At least twenty (20) days
<br />prior to the date of sale, a copy of the Notice of time and place of the Trustee's Sale was mailed by
<br />certified mail, postage prepaid, to all parties entitled to notice, pursuant to said Deed of Trust and in
<br />compliance with Neb. Rev. Stat. § 76 -1008 (Reissue 1996).
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