<br />-NEBRASKA oOCUMEtiT/\RY
<br />88-106298 ~ STAMP TAX
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<br />TRUSTEE'S DEED ~~
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<br />KNOW ALL MEN BY THESE PRESENTS: ~~
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<br />That I, Ronald L. Eggers, Attorney at Law, Successor Trustee,
<br />upon the Deed of Trust made and entered into on or about March 30,
<br />19B4, by and between Ronald C. Cornelius and Tammy R. Cornelius,
<br />husband and wife, Trustors, and Jon F. Luebs, Trustee, and Five
<br />Points Bank, Beneficiary, which Deed of Trust was recorded on
<br />March 30, 19B4 as Instrument No. 84-00l666 in the Office of the
<br />Register of Deeds of Hall County, Nebraska, herein called the
<br />Grantor, in consideration of Thirty Thousand six Hund~ed Dollars
<br />($30,600.00), and other valuable consideration, received from
<br />Grantee, does hereby grant, bargain, sell, convey and confirm unto
<br />Nebraska Investment Finance Authority, successor in interest to
<br />Nebraska Mortgage Finance Fund, herein called the Grantee, the
<br />following described real property in Hall County, Nebraska:
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<br />NOV 28 1988
<br />1$7~J1I
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<br />Lot One (1), Dahlke Subdivision, to the City
<br />of Grand Island, Hall County, Nebraska
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<br />to have and to hold the above described premises together with all
<br />tenements, hereditaments and appurtenances thereto belonging unto
<br />the Grantee and to Grantee's heirs and assigns forever.
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<br />And the Grantor does hereby covenant with the Grantee and
<br />with the Grantee's heirs and assigns as follows:
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<br />1. That on July 2B, 198B, Nebraska Investment
<br />Finance Authority, successor in interest to the
<br />Nebraska Mortgage Finance Fund, beneficiary of
<br />the aforementioned Deed of Trust, appointed
<br />Ronald L. Eggers as Successor Trustee, which
<br />Substitution of Trustee was recorded on August
<br />lO, 19BB as Instrument No. BB-104371 in the
<br />Office of the Register of Deeds of Hall County,
<br />Nebraska. John F. Luebs, the original Trustee,
<br />did, on August 2, 1988, execute an Acknowledg-
<br />ment that he received a copy of said Substitu-
<br />tion of Trustee. Said Acknowledgment was
<br />recorded on August 10, 198B in the Office of
<br />the Register of Deeds of Hall County, Nebraska,
<br />and appears as Instrument No. BB-10437l. A copy
<br />of the Substitution of Trustee and Acknowledg-
<br />ment was served upon the Trustors, Ronald C.
<br />Cornelius and Tammy R. Cornelius, husband and
<br />wife, on or about August B, 198B, by certified
<br />mail, return receipt requested, postage prepaid.
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<br />2. That there occurred a breach of the obliga-
<br />tions of the Trustors for whic~ the trust
<br />property was conveyed as security, to-wit,
<br />that Trustors failed to pay the Beneficiary
<br />payment~ which wer~ contractually due, and the
<br />Grantor, at the request of the Successor Bene-
<br />ficiary, elected to declare the entire unpaid
<br />principal balance, together with interest
<br />thereon, at once and immediately due and payable.
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<br />3. That a Notice of Default was filed by the
<br />Successor Trustee on August 10, 19BB, as
<br />Instrument No. 8B-104372 in the Office of the
<br />RE!gister of Deeds of Hall County, Nebraska. A
<br />copy of the Notice of Default was served upon
<br />the Trustors by certified mail, postage prepaid,
<br />return receipt requested, on or about August 16,
<br />19B8.
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<br />4. The Successor Trustee published Notice of the
<br />Trustees' Sale, which sale was held on November
<br />16, 19BB, at 9:00 a.m. on the lower level lobby
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