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r 88-101910 [Space Ahove This U"e For Recording Data] DEED OF TRUST THIS DEED OF TRUST ("Security Instrument") is made on April 1 5 19 88 .ThetrustorisRudolf F. Plate and Jeannice R. Plate, Husband and Wife, Tim C. Plate &: Debra D Plate Husband &: ("Borrower"). Thelrusteeis Arend R. Baack, Attorney at-Law . t wife ("Trustec"). The bcneficiary is Home Federal Savings and Loan Assocai tion of Grand Island . which is organized and existing under the laws of Nebraska . and whose address is 221 South Locust Grand Island Nebraska 68801 ("Lender"), BorrowerowesLe~dertheprincipalsumof Forty Three Thousand One Hundred and no/100------ ____________________________.Dollars (U.S. $ 43,100.00 ). This debt is evidenced by Borrower's note dated the same date as this Security Instrument ("Note"), which provides for monthly payments, with the full debt, i'" not paid earlier, due and. payable on May 1 2003 This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note. with interest. and all renewals, extensions and modifications; (b) the payment of all other sums, with interest, advanced under paragraph 7 to protect the security of this Security Instrument; and (c) the performance of Borrower's covenants and agreements, For this purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale. the following described property located in Hall County. Nebraska: The North Seventeen and Eight Tenths Feet (N17.8') of Lot Eleven (11) and the South Fifty-Nine and Seven Tenths Feet (S59.7') of Lot Ten (10), Block Three (3), Southern Acres Addition to the City of Grand Island, Hall County, Nebraska. which has the address of 2517 Brahma Nebraska 68801 [Zip Code] TOGETHER WITH all the improvements now or hereafter erected on the property. and all easements, rights. appurtenances, rents, royalties, mineral, oil and gas rights and profits I water rights and stock and all fixtures now or hereafter a part of the property. All replacements and additions shall also be covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Propeny," BoRROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right 10 grant and convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants and will defend generally the title to Ihe Property against all claims and demands. subject to any encumbrances of record. THIs SECURITY INSTRUMENT combines uniform covenants for national ure and non-uniform covenants with limited ...ariations by jurisdiction to constitute a uniform security instrument covering real properly, . [Street] ("Property Address"); Grand Island {City] NEBRASKA-Sin.le Flmily-f'HMAlfHLMC UNIFORM IHSTllUM(NT NIS 1164NE Form 3028 J 2/83 fI"61H;1.' L.... '<>rm." ''''''' "16