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<br />
<br />NOTICE OF DEFAULT
<br />
<br />TO:
<br />
<br />TARA L. PHELAN
<br />1419 W. 7th St.
<br />Grand Island, Nebraska 68801
<br />
<br />JOSEPH A. PHELAN
<br />1419 W.'7th St.
<br />Grand Island, Nebraska 68801
<br />
<br />/t/,St)
<br />
<br />YOU ARE HEREBY GIVEN NOTICE OF DEFAULT under a Deed of Trust executed
<br />May 27,2005, by TARA L. PHELAN and JOSEPH A. PHELAN, wife and husband, Trustors,
<br />in favor of HOME FEDERAL SAVINGS AND LOAN ASSN. OF GRAND ISLAND, as
<br />Beneficiary, and COMMERCIAL FEDERAL BANK, A FEDERAL SAVINGS BANK, as
<br />Trustee, and which was filed for record on May 31,2005, as Instrument No. 2005-04866, of the
<br />Mortgage Records of Hall County, Nebraska. Said Deed of Trust was assigned by the original
<br />Beneficiary, HOME FEDERAL SAVINGS AND LOAN ASSN. OF GRAND ISLAND to
<br />MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC., by virtue ofan Assignment
<br />dated May 27,2005, and filed for record on June 23, 2005, as Instrument No. 2005-05663 ofthe
<br />Mortgage Records of Hall County, Nebraska and subsequently assigned to U.S. BANK, N.A., by an
<br />assignment dated April 4, 2008 and filed for record on April 10,2008, as Instrument No. 2008-
<br />02998 of the Mortgage Records for Hall County, Nebraska. GREGORY L. GALLES has been
<br />appointed as Successor Trustee, replacing COMMERCIAL FEDERAL BANK, A FEDERAL
<br />SAVINGS BANK, by virtue of a Substitution of Trustee filed for record in the Register of Deeds
<br />Office of Hall County, Nebraska. Said Deed of Trust conveys property legally described as follows:
<br />
<br />LOT FOUR (4), BLOCK THIRTEEN (13), WALLICH'S ADDITION, CITY OF GRAND ISLAND,
<br />HALLCOUNTY,NEBRASKA.
<br />
<br />Said default under the terms of the Deed of Trust has occurred by virtue of the non-payment of the installment
<br />payments due under the Deed of Trust. In addition, Trustors are hereby liable to the Successor Trustee,
<br />GREGORY L. GALLES, for all fees and costs associated with this default and recoverable pursuant to
<br />Nebraska statute ~ 76-1012.
<br />
<br />By virtue of said default, Successor Trustee has determined to sell or cause to be sold the trust property
<br />to satisfy the obligation referred to above.
<br />
<br />The default may be cured within one (1) month of the filing of this Notice, and the obligation and
<br />Deed of Trust may be thereby reinstated as provided in ~ 76-1012.
<br />
<br />DATED this --S.- day of May, 2008.
<br />
<br />GREGORY L. GALLES, Successor Trustee,
<br />
<br />By:
<br />For:
<br />
<br />~d~
<br />LOCH P STAL
<br />B Y & AMM,llC Ileibt . 0 rL
<br />200 The Omaha Club :v \- ~
<br />2002 Douglas Street LOCHER PAVELKA
<br />Omaha, Nebraska 68102 OQSTAL BRADDY 8. HAMMES LL
<br />Phone: (402) 898-7000 200 nil:.:' o'11aha Club'
<br />Fax: (402) 898-7130 2002 Douglas Street
<br />GregoryL. Galles, #21748 Omaha, NE 68102
<br />
<br />STATE OF NEBRASKA
<br />
<br />)
<br />)ss.
<br />)
<br />
<br />COUNTY OF DOUGLAS
<br />
<br />On this ~day of May, 2008, before me, a Notary Public in and for said County and State,
<br />personally came Gregory L. Galles, to me known to be the identical person whose name is affixed to the
<br />foregoing instrument and acknowledged the execution thereof to be a voluntary act and deed.
<br />Witness my hand and notarial seal the day and year last above written.
<br />
<br />GENERAL NOTi\RV, State of Nebraska . ~ _ ~
<br />TONIA JOHNSON C "-'
<br />My Comm. Exp. Sapt. 5, 2008 ./ 'otary P~li
<br />
<br />
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