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<br />NOTICE OF DEFAULT
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<br />TO: JT INVESTMENTS c/o JOHN P. BELLAMY, Manager
<br />15283 W. Nebraska Highway #2
<br />Cairo, Nebraska 68824
<br />
<br />You are hereby given Notice of Default under a Deed of Trust
<br />dated April 9, 2007, and recorded October 2, 2007, as Document No.
<br />0200708452 in the Office of the Register of Deeds of Hall County,
<br />Nebraska; said Deed of Trust securing the following property:
<br />
<br />PARCEL A: THE NORTHWEST QUARTER (NW1/4) OF SECTION
<br />TWENTY THREE (23), TOWNSHIP TWELVE (12) NORTH, RANGE
<br />TWELVE (12), WEST OF THE 6TH P.M., HALL COUNTY, NEBRASKA,
<br />excepting a tract conveyed by a Warranty Deed filed on
<br />February 2, 2004, as Document No. 200400978 with the
<br />Hall County Register of Deeds, and excepting a tract
<br />conveyed by Warranty Deed filed on March 21, 1995, as
<br />Document No. 95-101612 with the Hall County Register
<br />of Deeds
<br />
<br />PARCEL B: LOTS ONE (1), THREE (3) AND FIVE (5) AND
<br />OUTLOTS A, B AND C BELLAMY'S FIRST SUBDIVISION,
<br />HALL COUNTY, NEBRASKA
<br />
<br />PARCEL C: LOTS ONE (1) THRU TWENTY NINE (29), BELLAMY'S
<br />SECOND SUBDIVISION, HALL COUNTY, NEBRASKA AYlt9 0 v+- LOT C-
<br />
<br />PARCEL D: THE SOUTHWEST QUARTER (SW1/4) OF SECTION
<br />ONE (1), TOWNSHIP TWELVE (12) NORTH, RANGE TWELVE (12)
<br />WEST OF THE 6TH P.M., HALL COUNTY, NEBRASKA, excepting
<br />the EAST HALF OF THE SOUTHEAST QUARTER OF THE SOUTHWEST
<br />QUARTER (E1/2 SE1/4 SW1/4) OF SECTION ONE (1), TOWNSHIP
<br />TWELVE (12) NORTH, RANGE TWELVE (12) WEST OF THE 6TH
<br />P . M., HALL COUNTY, NEBRASKA
<br />
<br />said Deed of Trust being in favor of The State Bank of Lebo, P. O.
<br />Box 46, Lebo, Kansas 66856, Trustee and Beneficiary under said
<br />Deed of Trust.
<br />
<br />Said default under the terms of said Deed of Trust has
<br />occurred by virtue of nonpayment of the payments as they became
<br />due and payable under a Promissory Note dated April 6, 2007, and
<br />designated as Loan No. 87694, in the principal sum of Five Hundred
<br />Six Thousand Seven Hundred Fifty Dollars ($506,750.00), with a
<br />total principal balance due and owing as of May 14, 2008, of Five
<br />Hundred Thirty Two Thousand Three Hundred Sixteen Dollars and
<br />Ninety Three Cents ($532,316.93) accrued interest of Thirty
<br />Thousand One Hundred Seventeen Dollars and Nine Cents
<br />($30,117.09), and late fees and charges Two Thousand Two Hundred
<br />Fifty Five Dollars ($2,255.00), for a total of FIVE HUNDRED SIXTY
<br />FOUR THOUSAND SIX HUNDRED EIGHTY NINE DOLLARS and TWO CENTS
<br />($564,689.02), and per diem interest accruing at the rate of
<br />$81.3261 from and after May 14~ 2008.
<br />
<br />Said Deed of Trust default further occurred under the terms
<br />of the Deed of Trust by virtue of non-payments as they became due
<br />and payable under a Promissory Note dated February 16, 2007, and
<br />designated as Loan No. 87661, in the principal sum of One Hundred
<br />Twenty Five Thousand and Fifty Dollars ($125,050.00) and pursuant
<br />
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