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TRUSTEE' S DEED $S— 1056$9
<br />Trustee, upon
<br />KNOW ALL MEN BY THESE PRESENTS: That JOSEPH H. BADAMi,
<br />a Deed of Trust made and entered into on or about May 1, 1984, by and
<br />between Dellis A. Michaelson and Margaret Ann Michaelson, Trustors,
<br />and Joseph H. Badami, Trustee and First Federal Savings and Loan
<br />Association of Lincoln, Beneficiary, of the Mortgage Records of the
<br />Register of Deeds office of Hall County, Nebraska, herein called the
<br />GRANTOR, in consideration of Twenty -two Thousand Eight Hundred Twenty -
<br />five and No /100 Dollars ($22,825.00), d bargainalselle convey andion,
<br />¢" received from Grantee, does hereby grant,
<br />confirm unto FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN, a
<br />United States Corporation, herein called the GRANTEE, the following
<br />g described real estate in Hall County, Nebraska:
<br />Lot Seven (7), Block Thirty -eight (38), in Russel
<br />Wheeler's Addition to the City of Grand Island,
<br />Hall County, Nebraska.
<br />TO HAVE AND TO HOLD the above - described premises together
<br />with all tenements, unto the Grantee, and to toGrantee'sa appurtenances
<br />successorsand thereto
<br />assigns forever.
<br />Grantor does hereby covenant with the Grantee and with the
<br />Grantee's successors and assigns:
<br />(1) That Dellis A. Michaelson and Margaret nn Michaelson,
<br />tualiy
<br />Trustors, failed to pay the Beneficiary payments
<br />due, and the Grantor, at the request of the Beneficiary, elected to
<br />declare the entire unpaid principal balance, together with interest
<br />thereon, at once immediately due and payable;
<br />(2) That a Notice of Default was filed by Grantor on June
<br />25, 1986, in Document No. 86- 103408 of the Miscellaneous Records in
<br />the Register of Deeds office of Hall County, Nebraska. A copy of the
<br />Notice of Default was served upon Dellis A. Michaelson and Margaret
<br />Ann Michaelson by certified mail, postage prepaid on June 27, 1986.
<br />(3) That Trustors, Dellis A. Michaelson and Margaret Ann
<br />Michaelson., failed to cure the default referenced in the Notice of
<br />Default within 30 days after the service of the Notice of Default.
<br />(4) That a Notice of Trustee's Sale was filed and a copy of
<br />the Notice of Trustee's Sale was served upon Dellis P. Michaelsonland
<br />Margaret Ann Michaelson, by certified mail, prepaid
<br />31, 1986.
<br />(5) Grantor published Notice of - rustee's Sale, to be held
<br />on Thursday, the 11th day of September, 1986, at 10 o'clock a.m., at
<br />the Court House, Hall County, Nebraska, which Notice was published in
<br />Grand Island Independent, Hall County, Nebraska, once a week for five
<br />(5) consecutive weeks, commencing o:, July 26, 1986, and ending on
<br />August 23, 1986. The last publication of Notice was at least ten (10)
<br />days prior to the Trustee's Sale, and said sale was not later than
<br />thirty (30) days after the last publication of Notice.
<br />(6) Grantor conducted the sale of the real property at
<br />public auction and has accepted the bid of First Federal Savings and
<br />Loan Association of Lincoln in the sum of Twenty -two Thousand Fight
<br />Hundred Twenty -five and No /100 Dollars ($22,825.00), as the highest
<br />bid upon said real property. Grantor has complied with the requirements
<br />of the above- referenced Deed of Trust and the requirements of Nebraska
<br />Statutes, 576 -1001 through 576 -1018, 1965, in the exercise of the sale
<br />of the real property described herein at the 'trustee's Sale held on
<br />September 11, 1986-
<br />LThis Deed shall operate to convey to the Grantee, without
<br />right of redemption, the Grantor's title and all right, title, interest
<br />and claim of the Trustors, and their successors in interest anti of all
<br />persons ciair:ing by, through or under it, in and to the above- described
<br />meal proagerty, including all such right, title, interest and claim in
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