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<br /> LORR i 0112p4321
<br /> CCFR16
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<br /> . � • . 92� �.€�s��� __
<br /> •µl , C�Nf�OMINIUM RIDBR �'
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<br /> THiS CON�OMtNtUM RIDBR is mndc ihis da of OCTOBE 92
<br /> - end is Incorpora�ed Into xnd sha111xi damecl to omend nnd suppiemem the Mortg�ge,Decd of'!`nu�or 3aud�y �'-=�=_��., _ . .. _
<br /> Uccd (tho 'Saudty InslNnxnf') of�6n seme date gtvcn by tho undcrsigoed Ota 'Borrower') lo stearo —���------
<br /> �iocrowcr'sNoicio C01ME0.CLAt F@OERAL MOpT6110E CORPORIITIOR �=���`— —`-
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<br /> �� qho'I.ender') �,��5',- __
<br /> of lh0 sein:<tau ani eovuing the Propcny dcuribcd in ihe Semrity Insuumcnt snd locattd aL• ��,x;-�,y� _ _ _,:-.
<br /> 282b BflEltTHDOD •A�IVb, 6R��R ISL�ND, NE 68801 �'���'�`�_�'��.����
<br /> `�"°'�af�rlk:�.
<br /> �Prcpen��acVensl 4r4���'.
<br /> Ti»Propeny includes e unit in,togcther with an undisiA.d imeres�in the mmmon eiemenu of,n oondominfum �p�, 5� �,�;"
<br /> proJat known ac � ���-. _ .
<br /> INanecfCOn�o..o..mPro1a�1 '�.tris _ —_.
<br /> (Iho'Condomlaium Prejzn'). (f Ihe owners essc�ia�ion ur o�her endty whkh aas for tho Condominlum ProJect fa;;�;-,?-----
<br /> (iho 'Ownces A>s.,.i,r.ion') ho;ds thle to Nropeny for �he benefit or ux of (ts mcmbcrs or sharcholden, tha ':i3`f�40'='�
<br /> Propeny also in.ludu FIJROWOf�S imercst in tho Owixrs Assoclatlon ond the uses, procteds and benefits of "•�:y(k;"`�
<br /> ��':'".�Fi:t.�.
<br /> Borrowcr•s ir�eces�. S; . . ,
<br /> CONDD1itSWU:17 COVENANiS. Jn additlon to ehe covenants end agraments nude In Iho SecuAty ?'� �� °�.'��
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<br /> Ins�mmen4 FSortower nnd I,enda furtM1cr covenant nnd agree rts follows: �:;-;��5��}���-
<br /> ?o,.`>,
<br /> A� Conlo�ntnlum Obligations. Dorrower shall per(orm all of RonowePs obl[gations under �ho �'.ysYE:,;;--
<br /> CondomiNum Proy:zx's Consifinent Documems. The •Conatimert Oucumems' are�ha (i)L�clxrntion or sny - �„,�� ��:_
<br /> qher document which crcates�he Co:dominium Pro'rci; (ii) b�da«s: (ii�code oi re ula�toas; md (iv otlKr ` t}�A�e %1�--�.
<br /> 1 5 8 ) _���t�;,.t.'�i�-—
<br /> mulvalent documcnts.Borcowcr shnll qrom}�tly pay,�e6en dne,nll ducs e�d nssessmtNS Imposed pursuaM to�ho _,� ..�.,��i1,:____��
<br /> Constlwcnt Dacamcnts. "`?%fCy;;`c;:—�_
<br /> H.Nwrd Ituuranee. So long m the Ouzxrs nssaia�ion mrirtains,wiih e generolly ecceptaf fnsurmce ,�;,;i'�F_r w�::•—.
<br /> ��,,�'�v�:r�rv�_
<br /> q�rt4 i 'master'or 'blankG'{wllcy on tht Condominium Projec� x�hich is an�istactory lo LerrJer end whlch ',!t ,_.____
<br /> pNVides insuranrn coverage in the nnaums, for the periods, nnd againsi ihe hnU�ds l.ender requiru, Includtng 'j+'�;rf;;t=;�1_
<br /> �IO illd hi7artls includal eilhin Ihu linit�GSf21:dttI COYCRI C:IF.CO: '�`=•="�""-,"-'-`'��`�.-��
<br /> (I) I.endcr naives�hc provislon In Unilorm Covensnt 2 for �hc nwnthly payment to Lender of ;��?yIA'�� ��;__
<br /> one•Iwelfth of�hc ycarty�remiam installments for hazvd insurence on�he Propcny;and �� -¢i�>il ���-;-5.
<br /> (IU Qortowcr's obligndon cnder UnlPorm Covennm t�o mair.�ain hazard insurance coverege on thc �f!#'.-}�p`�,s���=•�::
<br /> Propcny Is decmcd satlsilW io �hc c�iem �hat �hc rcqutrcd mvemgc is providcd by thc Owr.ars Assala�ion p�� ��}?�!��'1;��r���.�{r,
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<br /> IIC
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<br /> uired hvzrd insurance co cn e.
<br /> Borrowcr shall glvc I.endcr promp�noticc of eny lapsc in rcq 8 - -.
<br /> In the cvrnt of a disvibm!on of hazard Insunncc procccds in Iiw of nxtora�lon or rcpatr to0owing a toss to a. ?f t�.', ,
<br /> the Propctly,whether m:ha unif or ro mmmon cicnknts,any pmceeds payablc ro tiorrower are heroby nssigncd , c�:�:�, �,,,,�__
<br /> �nd sholl bo p8d lo I.enA's for appllcatios to the sams secured by tiie Secori�y Ins�mnxnt,with eny excessq�id to $r x-` ,�,� r, -.-
<br /> ISotrowcr. _ '' r` _
<br /> C� Publk Utbllity Insumxce. 13onowe�shatl �nke such nciions u mxy be reasnnnb!e lo Insure that tho � �: �i�f '� '
<br /> Owners AssorlaUon maimatns e ub!ir linbili� msurnnre lic• ncce uble in fo�m, nnwum, and exlent of :��:;�;"�•��-?'�l='<3:�-�.,
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<br /> rnvengc�o t.cndcr. ��s 5v y�s F?:_
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<br /> MULTI{TATE CONDOMINIUMpIDEft�SInONFOm�y�fanNeAfaoliredGeMxUklfOflMlNfii(IUNENT Fo�m31A0WD0 �: . .�.}.,,;_,�'
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<br />- LfUL71STATE MG30.38(REV 01N1) " " .
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