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CORRECTIVE NOTICE OF DEFAULT <br />The undersigned, Arend R. Baack, Attorney at Law, Trustee under a certain Deed of <br />Trust dated April 13, 1998, wherein B & B RENTAL PROPERTIES, INC., was the Trustor, <br />which was filed for record in the office of the Register of Deeds of Hall County, Nebraska, on <br />April 14, 1998, as Instrument No. 98- 103402 and contains as trust property, the following - <br />described real estate: <br />Part of Parcel 3: Lot Seven (7), Block Seventy -Nine (79), Wheeler and Bennett's <br />Third Addition to the City of Grand Island, Hall County, Nebraska; <br />Parcel 4: Lot One (1), Block Ten (10), Russel Wheeler's Addition to the City of <br />Grand Island, Hall County, Nebraska; <br />Parcel 6: Lot Eight (8), Block One Hundred Twenty -Eight (128), Union Pacific <br />Railway Company's Second Addition to the City of Grand Island, Hall County, <br />Nebraska; <br />Parcel 7: Lot Eight (8), Block Twelve (12), College Addition to West Lawn, in <br />the City of Grand Island, Hall County, Nebraska; <br />Parcel 8: Lot Two (2), in Block One Hundred Thirty -Four (134) in Union Pacific <br />Railway Company's Second Addition to the City of Grand Island, Nebraska, Hall <br />County, Nebraska; and <br />Parcel 10: The South Half (S '/2) of Lot Ten (10), except the West Thirty -Two <br />(32) feet thereof, and the South Half (S V2) of Lots Eleven (11) and Twelve (12), <br />Block Nine (9), Military Addition to the City of St. Paul, Howard County, <br />Nebraska <br />together with all improvements now or hereafter erected on the property, and all easements, <br />appurtenances, fixtures now or hereafter a part of the property, including all replacements and <br />additions thereto, which were referred to in such Deed of Trust as the "Property ", hereby gives <br />notice of default of said Trustors for the reason that the said Trustors have failed to make the <br />payments of principal and interest due in respect to the Note secured by that Deed of Trust. <br />By reason of such default, the undersigned Trustee hereby elects to sell or cause to be <br />sold the above Property to satisfy the obligations of that certain Note dated April 13, 1998, <br />owing from Trustor to the Beneficiary, HOME FEDERAL SAVINGS AND LOAN <br />ASSOCIATION OF GRAND ISLAND, pursuant to the terms of the Trust Deed referred to <br />above which secures this obligation. 4 <br />Arend R. Baack, Trustee <br />M <br />= <br />D <br />-r, <br />M <br />CA <br />, <br />rn <br />3: <br />(� <br />d <br />��. <br />�— <br />C <br />—� <br />M <br />Z <br />M <br />c, <br />O <br />CD <br />T <br />> <br />� <br />o <br />rr- <br />F--• <br />t��' <br />3 <br />C <br />c <br />CD <br />o <br />ry <br />`n <br />O <br />CORRECTIVE NOTICE OF DEFAULT <br />The undersigned, Arend R. Baack, Attorney at Law, Trustee under a certain Deed of <br />Trust dated April 13, 1998, wherein B & B RENTAL PROPERTIES, INC., was the Trustor, <br />which was filed for record in the office of the Register of Deeds of Hall County, Nebraska, on <br />April 14, 1998, as Instrument No. 98- 103402 and contains as trust property, the following - <br />described real estate: <br />Part of Parcel 3: Lot Seven (7), Block Seventy -Nine (79), Wheeler and Bennett's <br />Third Addition to the City of Grand Island, Hall County, Nebraska; <br />Parcel 4: Lot One (1), Block Ten (10), Russel Wheeler's Addition to the City of <br />Grand Island, Hall County, Nebraska; <br />Parcel 6: Lot Eight (8), Block One Hundred Twenty -Eight (128), Union Pacific <br />Railway Company's Second Addition to the City of Grand Island, Hall County, <br />Nebraska; <br />Parcel 7: Lot Eight (8), Block Twelve (12), College Addition to West Lawn, in <br />the City of Grand Island, Hall County, Nebraska; <br />Parcel 8: Lot Two (2), in Block One Hundred Thirty -Four (134) in Union Pacific <br />Railway Company's Second Addition to the City of Grand Island, Nebraska, Hall <br />County, Nebraska; and <br />Parcel 10: The South Half (S '/2) of Lot Ten (10), except the West Thirty -Two <br />(32) feet thereof, and the South Half (S V2) of Lots Eleven (11) and Twelve (12), <br />Block Nine (9), Military Addition to the City of St. Paul, Howard County, <br />Nebraska <br />together with all improvements now or hereafter erected on the property, and all easements, <br />appurtenances, fixtures now or hereafter a part of the property, including all replacements and <br />additions thereto, which were referred to in such Deed of Trust as the "Property ", hereby gives <br />notice of default of said Trustors for the reason that the said Trustors have failed to make the <br />payments of principal and interest due in respect to the Note secured by that Deed of Trust. <br />By reason of such default, the undersigned Trustee hereby elects to sell or cause to be <br />sold the above Property to satisfy the obligations of that certain Note dated April 13, 1998, <br />owing from Trustor to the Beneficiary, HOME FEDERAL SAVINGS AND LOAN <br />ASSOCIATION OF GRAND ISLAND, pursuant to the terms of the Trust Deed referred to <br />above which secures this obligation. 4 <br />Arend R. Baack, Trustee <br />