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<br />
<br />NOTICE OF DEFAULT
<br />
<br />200808881
<br />
<br />l,- so
<br />
<br />TO WHOM IT MAY CONCERN:
<br />
<br />You are hereby notified that Equestrian Meadows, L.L.C., a Nebraska limited liability company,
<br />Trustor, did on or about November 18,2004, make, execute and deliver to TierOne Bank:, as Trustee, a
<br />Construction Security Agreement/Deed of Trust with Assignment of Rents and Security Agreement
<br />wherein said Trustor conveyed the following described real property:
<br />
<br />"Lots Four (4), Five (5) and Six (6), Equestrian Meadows Subdivision, in the City of Grand
<br />Island, Hall County, Nebraska"
<br />
<br />as security for repayment of a loan which the Trustor obtained from TierOne Bank, Beneficiary of said
<br />Deed of Trust, which Deed of Trust was recorded on November 19, 2004 as Instrument No.
<br />020041128~0, Mortgage Records, in the office of the Register of Deeds of Hall County, Nebraska as
<br />modified by that certain Loan Modification Agreement recorded December 18, 2007 as Instrument No.
<br />0200710522 in the office of the Register of Deeds of Hall County, Nebraska.
<br />
<br />You are further notified that there has occurred a breach of an obligation of the Trustor for which
<br />the trust property was conveyed as security, to-wit, (a) that the Trustor has failed to pay the Beneficiary
<br />payments which were contractually due on July 1,2008 through October 1,2008, together with interest
<br />accruing thereon and (b) 2007 real estate taxes.
<br />
<br />You are further notified that the undersigned Trustee, at the request of the Beneficiary has
<br />elected to sell or cause to be sold the real property described in said Deed of Trust to satisfy said
<br />obligation.
<br />
<br />1J.f:
<br />Dated this (5 day of October, 2008.
<br />
<br />TierOne Bank, Trustee
<br />
<br />~
<br />By:
<br />Title: '
<br />1235 N Street
<br />Lincoln NE 68508
<br />(800) 288-0722
<br />
<br />~(/~
<br />
<br />STATE OF NEBRASKA )
<br />) ss.
<br />COUNTY OF LANCASTER )
<br />
<br />On this /5 day of October, 2008, before me, the undersigned, a Notary Public, duly
<br />corrunissioned and qualified for in said county, personally came De.nY\i... M. Kenne ,
<br />Vi Ul.. Pre..6i de..nt of TierOne Bank, Trustee, to me known to be the identical erson
<br />whose name is affixed to the foregoing instrument and acknowledged the execution thereof to be his/her
<br />voluntary act and deed on behalf of the Bank:.
<br />
<br />fUt,Owv-,
<br />Walentine, O'Toole, McQuillan & Gordon
<br />11240 Davenport Street
<br />P.O. Box 540125
<br />Omaha, NE 68154-0125
<br />
<br />Witness my hand and notarial seal the day and year last above written.
<br />
<br />~
<br />
<br />Notary Public h
<br />J;ENERAL NOTARY.State of Nebraska
<br />PAULA BEEZLEY
<br />My Comm. Exp. Feb. 21, 2011
<br />
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