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<br />TRUSTEE'S DEED
<br />EARL D. AHLSCHWEDE, Attorney of Grand Island, Nebraska, hereinafter
<br />referred to as Grantor, as trustee under the trust deed hereinafter described for
<br />valuable consideration, hereby grants and conveys to Equitable Federal Savings Bank
<br />of Grand Island, Grantee, without any covenant or warranty, expressed or implied, all of
<br />the following described real estate:
<br />Lot Thirty (30), in Ravenwood, Subdivision, being a part of S1/2S E'/ of
<br />Section Thirteen (13) Township Eleven (11) North, Range Nine (9) West
<br />of the 6th P.M., Hall County, Nebraska.
<br />This conveyance is made pursuant to the powers conferred on Grantor by a trust deeds
<br />dated September 18, 1992 and May 5, 1999, and recorded on September 18, 1992 and
<br />May 11, 1999, in the Register of Deeds of Hall County, Nebraska as Document No.
<br />Nos. 92- 108115 and 99- 104889 wherein Michael E. Smith and Debra L. Smith,
<br />husband and wife, are Trustors, and The Equitable Building and Loan Association of
<br />Grand Island, Nebraska, a Federal Savings Bank is named Beneficiary and Earl D.
<br />Ahlschwede, Attorney, is Trustee, wherein the Trustors granted and conveyed to such
<br />Trustee, on the trust therein expressed, the property above described to secure, among
<br />other obligations, payment of a promissory notes of even date in the principal amount of
<br />$126,631.50 and interest thereon according to the terms thereof; and after the
<br />fulfillment of the conditions specified in the Trust Deed authorizing this conveyance as
<br />follows:
<br />1) Breach and default were made under the terms of the Trust Deed in the
<br />particular set forth in the notice of default hereinafter referred to, which default
<br />continued until the time of sale.
<br />2) There was filed for record on June 12, 2001, as Document No. 200105640, a
<br />Notice of Default with the Register of Deeds of Hall County, Nebraska, and of election
<br />to sell the property to satisfy the obligations secured thereby and thereafter notice of
<br />the filing of the notice of default was sent in the statutory manner to all persons entitled
<br />to a notice thereof.
<br />3) That thereafter the Grantor executed his notice of trustee's sale, stating that
<br />he, as trustee, would sell at public auction to the highest bidder the property
<br />hereinbefore described, fixing the time and place of the sale as August 28, 2001 at
<br />10:00 a.m. in the lower lobby of the county courthouse in Grand Island, Hall County,
<br />Nebraska, and caused copies of such notice to be published once a week for five
<br />consecutive weeks in THE GRAND ISLAND DAILY INDEPENDENT a legal daily
<br />newspaper printed, published and of general circulation in the County of Hall,
<br />Nebraska, the first date of publication was July 16, 2001, and the last date of
<br />publication was August 13, 2001; notice of such trustee sale was sent to the Trustors
<br />and all persons entitled to notice thereof in accordance with applicable law.
<br />4) All applicable statutory provisions of the State of Nebraska and the United
<br />States of America and all provisions of such trust deed have been complied with as to
<br />the acts to be performed and notices to be given.
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