r13 n n
<br />c M a cn o
<br />Z
<br />Cn
<br />." r C Zn
<br />CO
<br />CD
<br />F-'
<br />TRUSTEE'S DEED Z
<br />0
<br />PLATTE VALLEY STATE BANK & TRUST COMPANY, A Nebraska Banking
<br />Corporation, hereinafter referred to as Grantor, as Trustee under the Trust Deed
<br />hereinafter described, for valuable consideration, hereby grants and conveys to
<br />WESTGATE PROPERTIES L.L.C., A Nebraska Limited Liability Company, hereinafter
<br />referred to as Grantee, without any covenant or warranty, expressed or implied, all of the
<br />following described real estate:
<br />Lot Two (2) Crane Valley 4`" Subdivision in the City of Grand Island, Hall
<br />County, Nebraska,
<br />This conveyance is made pursuant to the powers conferred by a Trust Deed with power of
<br />sale recorded on January 6, 2004, in the Register of Deeds of Hall County, Nebraska as
<br />Instrument No. 2004 - 00101, wherein Shafer Medical Two, L.L.C., A Nebraska Limited
<br />Liability Company, is Trustor, and Platte Valley State Bank & Trust Company, A Nebraska
<br />Banking Corporation, is originally named Beneficiary, wherein the Trustor granted and
<br />conveyed to the Trustee, on the trust therein expressed, the property above described to
<br />secure, among other obligations, payment of the indebtedness and after the fulfillment of
<br />the conditions specified in the Trust Deed authorizing this conveyance as follows:
<br />Breach and default were made under the terms of the Trust Deed in the
<br />particulars set forth in the Notice of Default hereinafter referred to, which default
<br />continued until the time of the sale.
<br />2. There was filed for record on May 2, 2005 as Instrument No. 2005 -03902 an
<br />Amended Notice of Default in the Register of Deeds of Hall County, Nebraska, and of
<br />election to sell the property to satisfy the obligations secured thereby and thereafter notice
<br />of the filing of the Notice of Default was sent in the statutory manner to all persons entitled
<br />to a notice thereof.
<br />3. That thereafter, the Grantor executed its Amended Notice of Trustee's Sale,
<br />stating that it, as Trustee, would sell at public auction to the highest bidder the property
<br />hereinbefore described, fixing the time and place of the sale as July 20, 2005, at 10:00 a.m.,
<br />at the main door of the Hall County Courthouse in Grand Island, Hall County, Nebraska,
<br />and caused copies of such notice to be published once a week for five consecutive weeks in
<br />the Grand Island Independent, a legal daily newspaper printed, published and of general
<br />circulation in the County of Hall Nebraska, the first date of publication was June 10, 2005,
<br />and the last date of publication was July S, 2005; notice of such trustee sale was sent to the
<br />Trustor and all persons entitled to notice thereof in accordance with applicable law.
<br />4. All applicable statutory provisions of the State of Nebraska and the United
<br />States of America and all provisions of such Trust Deed have been complied with as to acts
<br />to be performed and notices to be given.
<br />The Trustee, at the time and place of sale fixed as aforesaid, then and there sold, at
<br />public auction, to Grantee, who was the highest bidder therefore, the property hereinbefore
<br />described for the sum of $3,125,000.00.
<br />
|