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<br /> ,-r� THIS CONDOMINIUM RIDER is made this Sth day of Mdy 1997 .
<br /> �,l and is iflaoiporated inw and sLaU be deemed to amend and s�teiaeat the Martgage,Deed of 7'iusc or Securiry .
<br /> - , . — __..,._i Qeed (the '3ecuritY InsuumeaY) of tt�e same date given by the nnde�si$ned (the 'Bomawer') to sQaue
<br /> .— � s Eorrowec's NQte W • - -
<br /> . ` `!-� �' t+ta3or l�ortgage, A tlyoming Corporation ^:�
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<br /> :i (the'Leader�) � �::;�. _
<br /> ��'� of the same date and oovertng the Praperty descn'bed ia the Securiry Insaument and lacated at: `�,
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<br /> �`��s'� <: "� << 1503 Stagecaach Road,Grand Island,NE 68801 ,
<br /> , .� ; [YcoPetcy AGdse�l - . " .
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<br /> ,��, . - The Pmpeny iacludes a imit in,together wit�aa un�vided mter�t in the oommaa elemeau of.a coadominiam ,
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<br /> �.- - �u projerclmowaas: . �� _ :,.:°`
<br /> ��-:=,'�.`� Riverside Estates Ovmers Association >�-,• =4"'�;
<br /> i [Name or coaan�amm rmjx[1 '
<br /> ,::� . (the'Condflmimium Projecx'). If the owners associatioa or otfler entity which aas for the Condominium Project
<br /> :.s (the 'Owners Assactation°)hotds titt�to Prapeny for the bensfit or ase of its�beis or shanholde�s,the ` ,,.:k�
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<br /> . .:,``,.��.,_,.>�. ppm�pczty,,�saLso includes Bonower's interest In the Ovmers Associasloa aud the nses, p:oc�eds and benefiu of =-- •:'„•w�
<br /> Y� . � DVItOWW S ffiCICSt. � ' .�_
<br /> � : "� CO1�M�TIUR�I COVFNANTS. Ia additio� w the covenmmts aad ag�eemeats ma.ds in the Seauity •-,,
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<br /> � �a,� • ','.�.�; �LSi�2AI�BOT10WCi 8IId I.CIIdCt f11It11Ci COYCO2�1'�Id SgTCC a4 fO�OVY9: __Y�r:
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<br /> �=r;�jr ��. A. Condomini� ObttgatLoav. Bormwer shall perform all of Bosrawer's obligadons uader the , ��f
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<br /> � Condominium Prnject's Constitaeat Dacuments. The 'Canstitaent Doaiments°aze the: (� Deelatanton os aay ��r r��L
<br /> . �:'"�;' other docament�which cccates the Condominium Pmject:(ii)bylaws; Cui)cade of regulations; and('iv) other �;r�.��r�„f
<br /> eqnivaleat i3ncumenie.Bornawer sbalt psomP�Y PaY.When dae.all dues aad asse.c4ments imposed Puisuant to the
<br /> �� Constit�t�if�caments. � '
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<br /> ."'�.`�.�;. B.��asuca¢ce. 5o to�g av the Ovmscs Associatiaa maintains,vair3 a generallY aooePted�su�ance ;'fr::;.t�.M,,:.,
<br /> ' ' qrrier,a'�ster"or 'blankec"policy on the Comi�min�um Project whi��.si.2�sfaaoiY to Iender aAd wluch ' '__
<br /> _ pmvides c&�auoe covetage in the amounts,for the periods, and againss the�ards Lender requires,includtng . ^,S;r�-,-
<br /> fire mmd�iacIuded within the tetm'exteaded wverage,°th�e_ ' . , _..-
<br /> J: , ,:: fti y I,ender aaives the pmvisioa in Uniform Coven�t 2 fos the monthly paymeat to lc�der of the '' ,�n r.;
<br /> ,fl��� �` Y�S+F�installments for hazard'msuraace on the Hmperty;and ;; ;��s';,
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<br /> �(��f . fri) Bo�rower's obligation nnder Unifoim G►venant 5 to maintain haratd insu�ance coverag2*rn tbs ,s��f._
<br /> ,. :.t.-.,.; .. Pmperty�zs�deemed sadsfied to the extent that the reqoired coverage is pmvided by the Oaraers Assoair�fion � •_�,
<br /> . ` �%' ��: pollcy. -
<br /> ' Bax:awer shaU give Leader prompt notice of anyr lapse in�quired hazard insurance covttabe. _ � -
<br /> ' '•� � In the event of a distribuHon of hazaid lnsurance pmceeds in lieu of�essoration or repair follow�ng a Ioss to
<br /> . . �`;,::. � the prapenp�whether w the unit or to common etements.aaY P��PaYaErte to Borrower are heteby assigned � .
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<br /> " - and shaU 6e paid to Lender for applicat�on to the sums seatred by the Security f;�aument,wlth any excess paid w. -
<br /> . . � . . Bflrtnwer_ � -.
<br /> . . ' : � , ;,. C.7�bllc Uabflitq I�sonaaze. Borrower shall take sucb astioas as may be seasonab2e to insure that the
<br />. �.`,:; .: , . . Ownets Assaclat�on mainiaias a public liabiliry insurance yol�cy accepta�i� i� form, amoant, and extent of .
<br /> _ • ..' . covetage to Lender. „ .
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<br /> . . . ?dULTFSTATE CONDOMUISUM RID�R•Sirtgto FemitydFmma��JladFmfl�m�,?ao U8i1fOFill71N9TRUMBH4 Form 8140 9I90 :�,.':�
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