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<br />      							[Space Above Tlus Line For Recording Data]
<br />      		9 9    10 6 37 0     	DEED   OF   TRUST						C�
<br />    								CHATTEL  �10RTGAGE								�
<br />     																				0
<br />       																			���o
<br />       	THIS DEED OF TRUST ("Security Instrument") is made on June  14th,  1999     			. The trustor is
<br /> 	MEREDYTH S OSBORN and NEIL F OSBORN,  WIFE AND HUSBAND
<br /> 	("Borrower"). The trustee is   AREND R  BAACK,  ATTORNEY
<br /> 	("Trustee"). The beneficiary is Home Federal  Savings and Loan Association of Grand Island
<br /> 	which is organized and existing under the laws of The State of Nebraska 					, and whose
<br /> 	address is 221  South Locust
<br /> 	Grand Island,  NE  68801       					("Lender"). Borrower owes Lender the principal sum of
<br />  	ONE  HUNDRED FIFTY THREE   THOUSAND   AND  00/100
<br />  													Dollars (U.S. $153,000.00		),
<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   July 1,  2029
<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 i�revocably grants and conveys to Trustee, in trust, with power of sale, the following described property
<br />	located in xall     													County, Nebraska:
<br />	PARCEL 1:    #59 KLJESTER LAKE,  GRAND  ISLAND,  NE   68801
<br />	LOT FOUR  (4) ,  HAVING A LAF� FRONT FOOTAGE OF 100 FEET,  SITUATED ON THE EASTSIDE  OF WEST
<br />	PORTION OF KUESTER LAKE,  AND BEING ON A PART OF THE EAST HALF OF THE  SOUTHWEST QUARTER
<br /> 	(E1/2SW1/4) ,  IN SECTION THIRTEEN  (13) ,  TOWNSHIP ELEVEN  (11)  NORTH,  RANGE NINE  (9) ,  HALL
<br />	COUNTY,  NEBRASKA,  BOUNDED ON THE EASTERLY SIDE BY THE  COMMON ROAD;  SUCH LOT  IS  SHOWN ON
<br />	THE  PLAT IN THE  POSSESSION OF THE LESSOR.
<br />	PARCEL 2:  721 WEST OKLAHOMA AVENUE,  GRAND  ISLAND,  NE  68801
<br />	LOTS THREE  (3) ,  FOUR  (4) ,  AND FIVE  (5) ,  BLOCK ONE  (1) ,  H.  BREMERS  SUBDIVISION,  CITY OF
<br />	GRAND  ISLAND,  HALL COUNTY,  NEBRASKA.
<br />	which has the address of  #59 KUESTERS LAI�    										[screec�
<br />	GRArm  ISLAND     			[c�ry], Nebraska 68801     	[Zip Code]  ("Property Address");
<br />	NEBRASKA-Single Family-FNMA/FHLMC UNIFORM
<br />	� 6R(NE) �s2iZ�.a51NSTRUMENT Form 3028 9/90
<br />      	"  				Amended 5/91
<br />    	�     VMP MORTGAGE FORMS-�8001521-7291     							�
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