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200205135 assignment dated February 27, 2002 and recorded in the office of the Register of Deeds of Hall County, Nebraska on March 22, 2002 as Instrument No. 200203101 does hereby notify the above - named persons of a default in said Trust Deed, which Trust Deed was granted upon the following - described real estate, situated in the County of Hall and State of Nebraska, to -wit: Lot Ten (10), in Block Two (2), in Gilbert's Second Addition to the City of Grand Island, Hall County, Nebraska. and that a breach of the obligation for which the trust property was conveyed as security has occurred in that the grantors of said deed have failed, neglected and refused to make the payments on said note which Trust Deed was given to secure, which became due on the 1" day of December, 2001 and thereafter, and that there is now due upon said instrument the principal sum of FIFTY ONE THOUSAND TWO HUNDRED THIRTY DOLLARS AND FOUR CENTS ($51,230.04) together with interest thereon from the I" day of November, 2001, at the rate of 11.125% per annum together with accruing taxes and advancements. You are further notified that the Trustee has elected to sell or cause to be sold such property to satisfy the aforementioned STATE OF NEBRASKA . ss. COUNTY OF DOUGLAS ) The foregoing instrument was acknowledged before me this 9`' day of May, 2002 by Thomas Young, Successor Trustee. GENERAL NOTARY - State of NebruM KAREN M. HEITHOFF My Comm. Up. Apn115,200 Notary Public P�