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( "Borrower "). The trustee is Arend R Baack, Attorney <br />( "Trustee "). The beneficiary is Home Federal Savings and Loan Assn of Grand Island <br />which is organized and existing under the laws of and whose <br />address is 221 South Locust Grand Island NE 68802- <br />( "Lender "). Borrower owes Lender the principal sum of <br />.TWO HUNDRED FIFTY THOUSAND AND 00 /100 <br />Dollars (U.S. $250, 000.00 ). <br />This debt is evidenced by Borrower's note dated the same date as this Security Instrument ( "Note "), which provides for <br />monthly payments, with the full debt, if not paid earlier, due and payable on May 1, 2001 <br />This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all renewals, <br />extensions and modifications of the Note; (b) the payment of all other sums, with interest, advanced under paragraph 7 to <br />protect the security of this Security Instrument; and (c) the performance of Borrower's covenants and agreements. For this <br />purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property <br />located in Hall County, Nebraska: <br />LOT SEVEN (7), IN BLOCK ONE (1), PONDEROSA LAKE ESTATES FOURTH SUBDIVISION, AN ADDITION <br />TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. <br />which has the address of PONDEROSA DRIVE <br />GRAND ISLAND [City], Nebraska 68801 <br />NEBRASKA - Single Family- FNMA /FHLMC UNIFORM <br />®6R(NE) (9212).06 INSTRUMENT Form 3028 9/90 <br />® VMP MORTGAGE FORMS - (800)521 -A mended 519y /1rf <br />Page 1 of 6 Initials: TC <br />[Zip Code] ( "Property Address "); <br />t <br />[Street] <br />21 <br />C m �r& <br />Z <br />M vDi <br />CZ:) <br />o <br />o <br />M <br />O €11 <br />O <br />O� -r, <br />y <br />O � <br />?_ <br />O C <br />� <br />O <br />M <br />CD <br />Z3 <br />rte-- <br />r D <br />N <br />cn <br />C0 <br />N <br />co <br />Cn <br />GI'1 <br />IV <br />Cn <br />- C <br />Cl) <br />[Space Above This Line For Recording Data] <br />DEED OF TRUST <br />J <br />200002644 <br />THIS DEED OF TRUST ( "Security Instrument ") is made on March 31st, 2000 <br />The trustor is <br />TIM C PLATE and CURT L RATLIFF, EACH A SINGLE PERSON <br />( "Borrower "). The trustee is Arend R Baack, Attorney <br />( "Trustee "). The beneficiary is Home Federal Savings and Loan Assn of Grand Island <br />which is organized and existing under the laws of and whose <br />address is 221 South Locust Grand Island NE 68802- <br />( "Lender "). Borrower owes Lender the principal sum of <br />.TWO HUNDRED FIFTY THOUSAND AND 00 /100 <br />Dollars (U.S. $250, 000.00 ). <br />This debt is evidenced by Borrower's note dated the same date as this Security Instrument ( "Note "), which provides for <br />monthly payments, with the full debt, if not paid earlier, due and payable on May 1, 2001 <br />This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all renewals, <br />extensions and modifications of the Note; (b) the payment of all other sums, with interest, advanced under paragraph 7 to <br />protect the security of this Security Instrument; and (c) the performance of Borrower's covenants and agreements. For this <br />purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property <br />located in Hall County, Nebraska: <br />LOT SEVEN (7), IN BLOCK ONE (1), PONDEROSA LAKE ESTATES FOURTH SUBDIVISION, AN ADDITION <br />TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. <br />which has the address of PONDEROSA DRIVE <br />GRAND ISLAND [City], Nebraska 68801 <br />NEBRASKA - Single Family- FNMA /FHLMC UNIFORM <br />®6R(NE) (9212).06 INSTRUMENT Form 3028 9/90 <br />® VMP MORTGAGE FORMS - (800)521 -A mended 519y /1rf <br />Page 1 of 6 Initials: TC <br />[Zip Code] ( "Property Address "); <br />t <br />[Street] <br />