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<br /> -- --- -- [SPACE ABOVE THIS�.INE FOIt RECORUING DA'I'A� - -- - - - - -
<br /> jVOTiCE OF D�FAULT �
<br /> 'P�WHOM IT MAY CONCERN: �
<br /> You are hercby notifad that Shellie L. Yax and Timothy L Yax, as husbaud and wife,
<br /> Tiustors, did on or abaut April 28, 1989, aiake, execute and deliver uato Commercial Federal
<br /> Bank,flk/a Commercial Federal Savir�gs and Loan Associadoq'IYustee,a Deed of 7�ust wherein
<br /> said Tcustors conveyed the following-described real properiy:
<br /> I.Qt Two (2',Stock Fifteen �1S), in ScarfPs Addition to West Lawn in the City of
<br /> Grand Island, Hall County, Nebrasica
<br /> a,s security for repayaunt of a loan which the 'I'rustors obtained from First Federal Saving,s and
<br /> L,oan Associadon of I.a�ln,Ben�ficiary of said Deed of Trust which was recorded on May 1,1989,
<br /> w.�the of5ce af th� Register of Deeds of�Iall County,Nebraska, as Instrument No. 89-142209.
<br /> On or about May 2, 1989, First Fed�ral Savings and Loan AssociatIon of lincoln,
<br /> Heneficiary,assigned all of its right,dde and beneficial interest in t6e Deed of Tiust to Commercial
<br /> Fedara!Mortgage CcA�oration. Tha Assignment was recoided M�.�1�, 1989, in the of8cx of the -
<br /> Register of Deeds o��aU County,Nebraska,as Instr�ment No.$g-1Q2559. _
<br /> - - ----. .. .. — --- -- --- –.. _ .
<br /> :.
<br /> Yau a�re further noti�'ied that there has occurre��breach of an obligation of tbe tYuswrs -
<br /> far wluch the Trust property was conveyed as security,to-wit, t�t t�.-:�'susiors have failtd to pay
<br /> �ttie Beneficiary payc�ents �Iuch were contr�tually due frosn Jutze 1, 1989, throngh tkis date,
<br /> tagether witt�interest accruing th�reon.
<br /> You are f'urther notified that the Trustee has elected to declaze the entire unpaid principal
<br /> ttalance, togetber witY�iaterest tlureon, at ance due and payabl�aad has electtd to sell or cause
<br /> to be soW the rcal p�gerEy described in said Deed of.Trust to sa�tcsfy said obligation.
<br /> DA'TED: Uct�tber 25, 1996.
<br /> ' Commercisl Federal Bank, f/k/a CommorciaD Fedaral
<br /> � Savin�g,s and Loan Association,T�ru�stee _
<br /> \/� .
<br /> BY
<br /> Thomas R Os 'ek(#20131)
<br /> For FITZGERALJ�, SGHOkR,HARME'TIZ.ER&
<br /> BR3?L�AN, P.C.
<br /> 100U Woodaien'�ower
<br /> �maha, Neb���So1i32
<br /> (402)342-1000 �.
<br /> TTS ATTORNEYS
<br /> STA'rE OF NEBRASKA )
<br /> ) � .
<br /> COUNTY OF DOUGLAS )
<br /> The foregoin� ia�trument was acknawledged before me, a notary public by Thomas R.
<br /> Ostdiek on Octotxr 25, 1996.
<br /> �dO�N�� Pub c /
<br /> ✓
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