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<br />200709589
<br />NOTICE OF DEFAUL T
<br />
<br />TO: Shafer Properties LLC
<br />1004 N. Diers Avenue, Suite #300
<br />Grand Island, NE 68803
<br />
<br />Notice is hereby given by the undersigned Trustee that pursuant to a Deed of Trust,
<br />made and executed by Shafer Properties LLC, by Joel Shafer, Member of Shafer
<br />Properties LLC, as Trustor, to Geneva State Bank, as Trustee, dated December 11, 2003,
<br />covering the following described real estate, to-wit:
<br />
<br />Lot Five (5) Mehring and Kelly Subdivision, to the City of Grand Island, Hall
<br />County, Nebraska
<br />
<br />(More commonly known as: 1619 S. Lincoln Avenue, Grand Island, NE 68801)
<br />
<br />which is also known as the "Real Property" or "Property" to secure certain obligations in
<br />favor of Geneva State Bank, as Beneficiary, such Deed of Trust being recorded on
<br />December 18, 2003, as Instrument No. 0200316179 in the office of the Register of Deeds
<br />of Hall County, Nebraska. A breach of an obligation for which the above described Real
<br />Property was conveyed as security has occurred in that default has been made in the
<br />repayment of the indebtedness evidenced by Trustor's, (also known as Borrower)
<br />Promissory Note dated December 21,2005, and no cure of such default has been made.
<br />All principal and interest is now due and payable and Geneva State Bank, Beneficiary, has
<br />delivered to the Trustee a written declaration of default and demand for sale and a written
<br />notice of default and election to cause to be sold the Real Property described in such Deed
<br />of Trust to satisfy said obligations.
<br />
<br />Dated this 3 \ day of October, 2007.
<br />
<br />Geneva State Bank, Trustee, the said
<br />Geneva State Bank being a banking
<br />corporation organized and existing under the
<br />laws of the State of Nebraska,
<br />
<br />
<br />BY~~
<br />Allan D. f son, President
<br />
<br />STATE OF NEBRASKA )
<br />) ss.
<br />County of Fillmore )
<br />
<br />The foregoing instrument was acknowledged before me on this3l;t day of October,
<br />2007, by Allan D. Jefferson, President of Geneva State Bank, a Nebraska Banking
<br />Corporation, on behalf of said Corporation, as Trustee.
<br />
<br />1/... ..~j') ~
<br />~~
<br />
<br />
<br />~"
<br />
<br />GENERAL NOTARY - SIal8 of Nebraska
<br />KEVIN D. PARDE
<br />My Comm. &p. 0cl8, 2010
<br />
<br />c: C;O
<br />7''--
<br />
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