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T� n c O C4 r l O x v\l N 200206068 NOTICE OF DEFAULT C The undersigned is the Trustee under a bust decd executed by Donald C. Rasmussen and Barbara M. Rasmussen husband and wife, as Trusters, on August 20, 2001, in which The State Bank of (Cairo a Nebraska Banking Corporation was named as Beneficiary This trust decd was fled for record nn Sentemher 4 2001, as Instrument No. 0200108864 in the records of the Register of Deeds of Hall County, Nebraska. The trust deed conveyed the following described real estate, the "trust property": The Southwest Quarter (SW1 /4) and the South One -Half of the Northwest Quarter (S 1 /2NW l /4) of Section Five (5), Township Twelve 0 2) North, Range Eleven (11), West of the 6' P.M., in Ball County, Nebraska, and The Northwest Quarter of the Southwest Quarter (N W I /4SW I /4) of Section Fifteen (15), Township Twclvc (12) North, Range Eleven (11), West of the 6' Y.M., 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 as follows: (1) Failure to make debt payments as they became due, or (2) pay taxes. On account of such breach, pursuant to said trust deed, the Beneficiary has elected to sell or cause to be sold the trust property to satisfy that indebtedness. Notice is further given that because of such default, the indebtedness secured by the it deed is accelerated. The default may be cured within two months of the filing for record of this notice of default and the obligation and the trust deed may be thereby reinstated as provided in section 76 -1012 of the Nebraska Revisal Statutes. The amount of the entire unpaid principal sum secured the trust deed is $91,500.00. The amount of interest accrued thereon to and including the date this notice is filed of record is $4.627,88. The per diem interest accruing trout and after such date is 522_75 'The amount of the unpaid principal which would not then be due had no default occurred is $90,568.99. Trustor may make payment to The State Bank ofCairo 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 Trustor rnay have to the acceleration and sale. The above debt will be assumed to be valid unless you notify the undersigned in writing that you dispute the debtor any portion thereof within thirty (30) days from your receipt of this notice. Ifyou notify the undersigned in writing within this time period, he will mail you a verification of the drift. In addition, i t the original creditor is different from the above -named creditor, the name and address of the original creditor will be provided to you if you request this information in writing from the undersigned within thirty (30) days from your receipt of this notice. Despite the 30 -day period described herein I am authorized to continue this collection action. t- DATEDTHIS°�S dayof_- f,.,,.1y STATE OF NEBRASKA ) ) ss COUNTY OF HALL ) ,2002 _ i i Thorns A. hinerton Attorney at T.aw Successor' trustee The foregoing instrument was acknowledged before me this .r} =day of __FL r e , , 20 Oa, by Thomas A. Emerton, Successor Trustee. fiFNEIUf NOTARY-&!* of NebR*pe r-^� / n/ti --� L1iI17LCJ ALLISON R, JONAK Notary Public Ny C* Fa*. 0*L 1, 200& Collection Notice: We are required by federal statute to advise you that we are a debt collector and we are attempting to collect a debt. Any information obtained will be used for that purpose.