I just found it. The 'Assign Default To Field' has a check box option to "Clear Value". Worked for me.
That worked in 10.5.1. Thanks Trina!! wonder what version this crept in ?
This idea has been closed as a duplicate of the Data Management Idea linked below. Thanks for your contributions!
https://community.esri.com/t5/data-management-ideas/remove-default-value-from-field/idi-p/923298
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