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n r n m m N �:, ` � �_ i —Di N •"tea ti � so vv cn NOTICE OF DEFAULT 200301151 The undersigned is the Trustee under a Trust Deed executed by Efrain A. Garcia, an unmarried man and Sandro E. Velasco, an unmarried man, as Trustors on June 8, 1998, in which Mountain West Financial, Inc., was named as Beneficiary. Said Deed of Trust was filed for record on June 11, 1998 in Instrument No. 98- 105599 in the office of the Register of Deeds of Hall County, Nebraska, Said Deed of Trust was assigned to Fleet Mortgage Corp. on June 8, 1998 and recorded on June 11, 1998 at Instrument No. 98- 105600 in the office of the Register of Deeds of Hall County, Nebraska. Notice is hereby given that a breach of an obligation for which the trust property was conveyed as security has occurred, the nature of such breach is the Trustor's failure to (1) make debt payments as they became due, or (2) pay taxes. You are hereby notified that because of such default the indebtedness secured by said trust deed is accelerated. Trustor has thirty days from the date this Notice of Default is given to cure said default. Trustor may make payment to Wells Fargo Bank of the amount needed to bring this obligation current. Trustor may reinstate after acceleration and may bring a court action to assert the non - existence of the default or any other defense he may have to the acceleration and sale. Further notice is given that because of such default the undersigned has elected to sell or cause to be sold the trust property to satisfy the obligations under the Trust Deed; the trust property affected is as follows: Lot 5 in Block 68, of Wheeler and Bennett's Second Addition to the City of Grand Island, Hall County, Nebraska 7 t4 STEFFI A. SWANSON, PC, LLO Heritage Square 1308 Galvin Road S. Bellevue, NE 68005 -1-