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<br /> - TRUSTEE'S DEED
<br />',--..
<br /> KNOW .ALL PERSONS BY THESE PRESENTS: II- 50
<br />
<br />
<br />
<br />That a Deed of Trust was made and entered into on or about April 25, 2007, by and
<br />between Russell A. Homolka and Lori A. Homolka, husband and wife, as Trustor, and
<br />Archer Cooperative Credit Union, Beneficiary, wherein Archer Cooperative Credit Union
<br />was named Trustee. The Deed of Trust was recorded May 2,2007 in the real estate records
<br />of Hall County, Nebraska as Instrument No. 0200703567 and Re-recorded May 9, 2007, as
<br />Instrument No. 0200703770.
<br />
<br />Hereinafter the Trustee, Archer Cooperative Credit Union, will be referred to as
<br />GRANTOR.
<br />
<br />The GRANTOR in consideration of the sum of $45,000.00 and other valuable
<br />consideration received from Archer Cooperative Credit Union, hereinafter GRANTEE, does
<br />hereby grant, bargain, sell, convey and confirm unto GRANTEE the following described real
<br />property in Hall County, Nebraska:
<br />
<br />Lot 26 and fractional Lots 27 and 28 in fractional Block 4, Blain Addition to
<br />the City of Grand Island, Hall County, excepting a certain tract deeded to
<br />Burlington Northern Railroad Company, more particularly described in
<br />Warranty Deed recorded as Document No. 94-104025 in the Office of the
<br />Register of Deeds of Hall County.
<br />
<br />To have and to hold the above-described premises together with all tenements,
<br />hereditaments and appurtenances thereto belonging unto the GRANTEE, and to the
<br />GRANTEE'S successors and assigns forever.
<br />
<br />GRANTOR does hereby covenant with the GRANTEE and with the GRANTEE'S
<br />successors and assigns:
<br />
<br />(1) That Russell A. Homolka and Lori A. Homolka, husband and wife, as Trustor,
<br />failed to pay the Beneficiary payments which were contractually due, and the GRANTOR,
<br />at the request of the Beneficiary, elected to declare the entire unpaid principal balance,
<br />together with interest thereon, at once immediately due and payable.
<br />
<br />(2) That a Notice of Default was recorded by GRANTOR on April 17, 2008, as
<br />Instrument No. 0200803216 in the records of Hall County, Nebraska. Within ten (10) days
<br />thereafter, a copy of the recorded Notice of Default was mailed by certified mail, postage
<br />prepaid, to all parties entitled to notice, pursuant to said Deed of Trust and in compliance
<br />with Neb. Rev. Stat. 976-1008 (Reissue 2003). That Trustor, Russell A. Homolka and Lori
<br />A. Homolka, husband and wife, failed to cure the default referenced in the Notice of Default
<br />within thirty (30) days after the recording of the Notice of Default.
<br />
<br />(3) That a Notice of Trustee's Sale was given by GRANTOR. At least twenty (20)
<br />days prior to the date of sale, a copy of the Notice of time and place of the Trustee's Sale was
<br />mailed by certified mail, postage prepaid, to all parties entitled to notice, pursuant to said
<br />Deed of Trust and in compliance with Neb. Rev. Stat. 976-1008 (R.S. SUPP., 2006).
<br />
<br />(4) GRANTOR published the Notice of Trustee's Sale, to be held on July 8, 2008, at
<br />
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