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<br />I\.) <br />Sl <br />Sl <br />-...J <br />~ <br />Sl <br />Sl <br />~ <br />~ <br /> <br /> lID n s: <br /> ER x <br /> c: m C/) <br />n z n :c <br /> A <br />:r: E 0 <br />m !-!' <br />(") <br />'IIi: ::E: <br /> <br /> ~'" f11 <br /> ~,:> (":I (j) c:> i <br /> ("....":~ <3 --1 <br /> -.;II <br /> -"""'l-f c: ~ N <br /> .--+.'- :z: z ,..-1 <br />::0 ~" = ...... rn 0 <br />n.~ ( ~. c:= -< c> <br />c:.."""'7) ~ ~ '......... c::> G: <br />o',~ N C} .1 <br />CO 'T\ -.,... -:J <br />"'1 - <br /> U ::r: 1'1 I <br />~., ,,' J'> en ~ <br />", ~ -0 r-- :7:) <br />rr"j ::3 c::> <br />~, r- :t... <br />v: Vl c::> <br />N) ;>><:: <br /> ~ l> t--" <br /> CJ1 "-""':~ <br /> (...) ~ ...-a ~ <br /> .'-'1l <br /> <br /> <br />200710011 <br /> <br />C) <br /> <br />NOTICE OF DEFAULT AND ELECTION TO SELL <br /> <br />NOTICE IS HEREBY GIVEN of the default of Lemburg Investments, L.L.C. <br /> <br />'50 <br />5. <br /> <br />under a Deed of Trust with Future Advances, dated November 2, 2006, in which <br /> <br />Pathway Bank flkl a The State Bank of Cairo is named as Beneficiary and Trustee, <br /> <br />and filed for record on November 6,2006, and recorded as Instrument No. <br /> <br />0200609934, in the records of the Register of Deeds of Hall County, Nebraska, as <br /> <br />modified by that certain Modification of Deed of Trust, dated February 20,2007, and <br /> <br />filed for record on February 23,2007, and recorded as Instrument No. 0200701413, <br /> <br />in the records of the Register of Deeds of Hall County, Nebraska. <br /> <br />The property of the Trust is described as follows: <br /> <br />Lot Thirteen (13), Block Nine (9), Original Town of Cairo, Hall County, <br />Nebraska (the "Trust Property"). <br /> <br />NOTICE IS FURTHER GIVEN THAT events of default under the Promissory Note <br /> <br />for which the above Trust Property was conveyed as security have occurred, the nature <br /> <br />of such events of default being more particularly described as follows: failure to make <br /> <br />the payments required under the promissory note secured by the Deed of Trust. <br /> <br />NOTICE IS FURTHER GIVEN that by reason of such events of default under the <br /> <br />promissory note secured by the Deed of Trust, the Beneficiary has elected to sell or <br /> <br />cause to be sold the Trust Property to satisfy the indebtedness under said note. <br />f"'- <br />Dated this ;:[l day of November, 2007. <br /> <br />PATHWAY BANK f/k/a THE STATE BANK OF <br />CAIRO, Trustee <br /> <br />By: <br />~t~ <br /> <br />CLINE, WILLIAMS, WRIGHT, <br />JOHNSON & OLDFATHER, LLP <br />Attorneys at Law <br />233 South 13th Street <br />1900 U.S. Bank Building <br />Lincoln, NE 68508 <br />(402) 474-6900 <br /> <br />By: <br /> <br /> <br />John <br /> <br />STATE OF NEBRASKA ) <br />) ss. <br />COUNTY OF LANCASTER ) <br /> <br />The foregoing instrument was acknowledged before me on this 2;l day of <br />November, 2007 by John L. Horan, one of the ttorneys for e Trustee. <br />.J;8RAL HOTARYoSlIII of Nebruka " <br />DIANE t(. SUGDEN <br />."eomm.Exp.Sepl14,2010 Notary Public <br /> <br /> <br />0776500.1 <br />