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<br />   								NOTICE OF DEFAULT 							C.�
<br />     	TO WHOM IT MAY CONCERN: 													�
<br />       		You are hereby notified that Anthoney Ladd and Lisa Ladd, as husband and wife, as Trustors, did on
<br />     	or about May 23, 1994, make, execute and deliver unto Columbus Federal Savings Bank, Trustee, a Deed
<br />     	of Trust wherein said Trustors conveyed the following-described real property:
<br />       				Lot Three (3), in Fractional Block Thirty-Eight (38), in Charles
<br />       				Wasmer's Addition to the City of Grand Island, Hall County,
<br />       				Nebraska
<br />     	as security for repayment of a loan which the Trustors obtained from Columbus Federal Savings Bank,
<br />    	Beneficiary of said Deed of Trust which was recorded on May 23, 1994, in the office of the Register of
<br />     	Deeds of Ha11 County, Nebraska,  as Instrument No. 94-104327.
<br />       		On or about May 26, 1994, Columbus Federal Savings Bank, Beneficiary, assigned all of its right,
<br />     	title and beneficial interest in the Deed of Trust to Principal Residential Mortgage, Inc.  The Assignment was
<br />     	recorded June 2, 1994, in the office of the Register of Deeds of Hall County, Nebraska, as Instrument No.
<br />     	94-104726.
<br />       		Michael E.  Currans, Attorney at Law, has been appointed Successor Trustee, pursuant to a
<br />     	Substitution of Trustee filed for record with the Register of Deeds of Hall County, Nebraska.
<br />       		You are further notified that there has occurred a breach of an obligation of the Trustors for which
<br />     	the Trust property was conveyed as security, to-wit, that the Trustors have failed to pay the Beneficiary
<br />     	payments which were contractually due.
<br />       		You are further notified that the Beneficiary has elected to declare the entire unpaid principal balance,
<br />     	together with interest thereon, at once due and payable, and the Trustee has elected to sell or cause to be sold
<br />     	the real property described in said Deed of Trust to satisfy said obligation.
<br />     	DATED:   June 26, 1999.
<br />   									Michael E. Currans, Attorney at Law, Successor Trustee.
<br />     	Rewrn W:
<br />     	M�chxl E.Currans
<br />     	Fitrgenld,Schar Iaw fum
<br />     	1100 Woodmen Tower   						��
<br />     	Onulu,NE 68102     									f
<br />   									By
<br />     										Michael E. Currans(#21464)
<br />   									For     FITZGERALD, SCHORR, BARMETTLER&
<br />       										BRENNAN, P.C.
<br />     										1100 Woodmen Tower
<br />     										Omaha, Nebraska 68102
<br />     										(402) 342-1000
<br />   									ITS ATTORNEYS
<br />     	STATE OF NEBRASKA      )
<br />      						) ss.
<br />     	COUNTY OF DOUGLAS    )
<br />       		The foregoing instrument was acknowledged before me, a notary public by Michael E. Currans on
<br />     	June 26, 1999.
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