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JOHN H. MATTHES and LINDA K. MATTHES <br />2332 N. Broadwell Avenue, <br />Grand Island, Nebraska 68803 <br />You are hereby given notice of default under the Deeds of <br />Trust executed by M -Z Corporation, a Nebraska corporation, and <br />John H. Matthes and Linda K. Matthes, husband and wife, dated June <br />10, 1996, and recorded June 20, 1996, in the Office of the <br />Register of Deeds of Hall County, Nebraska as Document No. 96- <br />104825, and Deed of Trust dated March 28, 1989, and recorded March <br />29, 1989, in the Office of the Register of Deeds of Hall County, <br />Nebraska as Document No. 89- 101563, said Deed of Trust securing <br />the following property: <br />Lot One (1), Block Fourteen (14), College Addition to <br />West Lawn, City of Grand Island, Hall County, Nebraska, <br />said Deeds of Trust being in favor of Five Points Bank, a Nebraska <br />corporation, Beneficiary under said Deed of Trust. <br />Said default under the terms of the Deeds of Trust has <br />occurred by virtue of nonpayment of the payments as they became <br />due and payable under the following notes: <br />(1) Promissory Note No. 775343 dated October 7, 2002, in the <br />principal sum of Eighty Nine Thousand and Ninety Dollars and 55 <br />Cents ($89,090.55) together with interest at the rate of 8% per <br />annum payable on demand, with a total principal balance due and <br />owing as of March 14, 2005, in the sum of Eighty One Thousand Nine <br />Hundred and Eighty - -Eight Dollars and 62 Cents ($81,988.62) and <br />unpaid interest of Two Thousand Eight Hundred Ninety -Six Dollars <br />and 93 Cents ($2,896.93), current escrow balance of Four Hundred <br />Eighty -Five Dollars and 63 Cents ($485.63) and current late charge <br />of Two Hundred Dollars ($200.00) for a total payoff as of March <br />14, 2005, of Eighty Five Thousand and Eighty -Five Thousand Dollars <br />and 55 Cents ($88,085.55), and per diem interest accruing at the <br />rn <br />T <br />a c <br />m cn <br />n <br />n z <br />�ma <br />11 n Z <br />v <br />�w <br />r ' <br />c� <br />m <br />B <br />n <br />lJti <br />fV � <br />a <br />Q+ <br />rri <br />rr_ <br />*w rr, <br />Irl <br />� <br />CD <br />CD <br />200502325 <br />Cn` <br />co <br />NOTICE OF <br />DEFAULT <br />z <br />0' <br />TO: <br />M -Z CORPORATION, a Nebraska Corporation <br />c/o John H. Matthes <br />2332 N. Broadwell Avenue, <br />Grand Island, Nebraska 68803 <br />JOHN H. MATTHES and LINDA K. MATTHES <br />2332 N. Broadwell Avenue, <br />Grand Island, Nebraska 68803 <br />You are hereby given notice of default under the Deeds of <br />Trust executed by M -Z Corporation, a Nebraska corporation, and <br />John H. Matthes and Linda K. Matthes, husband and wife, dated June <br />10, 1996, and recorded June 20, 1996, in the Office of the <br />Register of Deeds of Hall County, Nebraska as Document No. 96- <br />104825, and Deed of Trust dated March 28, 1989, and recorded March <br />29, 1989, in the Office of the Register of Deeds of Hall County, <br />Nebraska as Document No. 89- 101563, said Deed of Trust securing <br />the following property: <br />Lot One (1), Block Fourteen (14), College Addition to <br />West Lawn, City of Grand Island, Hall County, Nebraska, <br />said Deeds of Trust being in favor of Five Points Bank, a Nebraska <br />corporation, Beneficiary under said Deed of Trust. <br />Said default under the terms of the Deeds of Trust has <br />occurred by virtue of nonpayment of the payments as they became <br />due and payable under the following notes: <br />(1) Promissory Note No. 775343 dated October 7, 2002, in the <br />principal sum of Eighty Nine Thousand and Ninety Dollars and 55 <br />Cents ($89,090.55) together with interest at the rate of 8% per <br />annum payable on demand, with a total principal balance due and <br />owing as of March 14, 2005, in the sum of Eighty One Thousand Nine <br />Hundred and Eighty - -Eight Dollars and 62 Cents ($81,988.62) and <br />unpaid interest of Two Thousand Eight Hundred Ninety -Six Dollars <br />and 93 Cents ($2,896.93), current escrow balance of Four Hundred <br />Eighty -Five Dollars and 63 Cents ($485.63) and current late charge <br />of Two Hundred Dollars ($200.00) for a total payoff as of March <br />14, 2005, of Eighty Five Thousand and Eighty -Five Thousand Dollars <br />and 55 Cents ($88,085.55), and per diem interest accruing at the <br />