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201103931 NOTICE OF DEFAULT The undersigned, being the Successor Trustee under a Trust Deed filed for record in the records of Hall County, Nebraska, by Jeffrey D Bulin and Kathy R Bulin, husband and wife, as joint tenants and not as tenants in common, as Trustors, in which New Century Mortgage Corporation, is named as Beneficiary, hereby gives notice that a breach of an obligation for which the trust property was conveyed as security has occurred, and the nature of such breach is the Trustor's failure to make debt payments as they became due. The current lawful holder of the promissory note is Deutsche Bank National Trust Company, as Trustee for Morgan Stanley ABS Capital I Inc. Trust 2006 -HE3. You are hereby notified that because of such default, the indebtedness secured by said Trust Deed is accelerated and as of 05/2012011, is in the amount of $191,794.56, plus interest thereafter. Unpaid principal balance: $186,465.84 Interest accrued at 7.00000% to date: $3,726.94 Per diem interest: $35.76 Unpaid principal which would not then be due had no default occurred: $797.10 You are further notified that because of such default, the undersigned has elected to sell or cause to be sold the trust property to satisfy the obligations under the Trust Deed; the trust property being legally described commencing on the cover page of this instrument and incorporated as it fully set forth herein and commonly known as: 3509 SCHROEDER AVE, GRAND ISLAND, NE 68803; The default may be cured within two (2) months of the filing for record the notice of default and the obligation and trust deed may be thereby reinstated. After the lapse of not less than two (2) months, the trustee or the attorney for the trustee shall give notice of sale. Kozeny & McCubbin, L.C. 12400 Olive B1vd.Suite555 Creve Coeur, MO 63141 II I111IN11Ia11INIIIIN1111111