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catiaonniNiunn �i�ER � � �l ��l��%/��c�/—�� — THIS CONDOMINIUM RID�R is made thls 14th day of April �� 70 and fs incorporated into and thall be deemed to amend and supplement the MortgAge, Deed of Trust or Security Deed {the "Security Inatrument") of tha came date given by the underslgned (che "Borrower") to secure Borrower'r IVote to _ u,,.-�..o�r R�nL Nebraska National Association �� . (the"Lender'') of the teme d�ta and covartny the Property desoribed in the Security Inctrument end located at: �j � 3027 West Capital Avenue ��34 Grand Isl.and, NE 68803 ', � fProp�ny Addrcu +"� ',. The Property includes a unit in,togethar wich an undivided interest in tha common elements of,a condominium project known as: "D" Windsor Square Condominium Pro�ect Regime ' /N�me of Condominiur» ro ictl , Ithe "Candominium ProJect"). If the ownerc asaocietion or other entity which acts tor the Condominium Project (the "Owners Association") hold� ti[le to property for the benefit or u�e of itr memberc or shareholden,the Property also includes 8orrower'� Interest in the Ownerc Auociation a�d the usea,proceeds and banefit� of Borrower's interest. CONDOMINIUM COVENANTB. In addition to tha covsnant: end agreem.nu mede in the S�cu�itY Instrument, �orrower and Lender iurther covenant end agree a� follows: � A, Condominium Obliqation�. Borrower shell perform all of Borrower's obifgation: under the Condominium Project': Constituent Documonts. The "Conitftuent Documents" are the; (1) Declaretlon or any other documant whfch creates tha Condominium ProJect; (li1 by�lawt; (iii� code of reguletlons; end (iv) ocher equlvelent documents. Borrower shell promptly pey,when due, all dues and asaesaments tmpvaed pursuent to the Constituant Documents. B. Hozard In�urence. So long a�the Owners Aaaociation meintefns,with a generally accepted ineurence carriar,e"master" or "blankat" policy on the Condominlum Projeat which li aetiafectory to Lender and which provide= insurenca covere6e in the amounu, for the perioda, and egain�t the hezerds Lender raquiros, including fire and hazards includad within the term "extended coverege,"the�; (I! Lender waivec th• proviaion in Uniform Covenant 2 for the monthiy paymant to Lender of one•twelfth of the yearly premium in9tellments for hazard in�urance on the Property;end (ii) Bor�ower's obligation under Uniform Covenent 6 to maintain hazard Insuranoe aoverege on the Property is deemed saticfied to the extent thet the requlred coveraee ia provided by the Ownara A��ociecion policy. Borrower ahell give Lender prompt notica of any lapae fn requlrad hazard in:urance coverage. In tha evant of a distribution of hozard in�urance proceeda in lieu of restoration or repair following a loss to the Property, whether to the unit or ta common elements, eny proceeds paYable to Borrowar are hereby essiqned and shall be paid to Lender fflr epplieetlon to the sums seeured by tha Security Instrument,with any excess peid to Borrower. C, Puhlic Liabillty In�urance. Borrower shall take euch eccion�as may be reasonable to insure that che Ownara A�sociation meintelns a public Ifability inturance policy accepteble in form,amount,and exte�t ot coveraee to Lender, D. Condamnetion, The proceeds of any award or cleirn for demaee�, direct or con�equentiel, payabl. to Borrower in connection with dny condemnation or othar teking of all or any part of the Property, whethsr of the unit or of the common el�ments, or for any conveyanca in lieu of condemnetion, are hereby assigned and ahall be pald to Lsnder,Such proceeds shall be applied by Lender to the sums secured by the Security Instrument aa p►ovided in Uniform Covenant 9. 6� L�nd.r'� Prior Conient. Borrower shell not, axcapt after notice to Londer end with Lender's prior written �onsent, either pertltion or subdivide the Property or coneent to: (1) Tha abandonment ar terminacion of the Condominium ProJect, except for ebendonment or termination requlred by law in the case of aubetantial de�truction by fire or other casuAlty or In the casa of a taking by condemnetion or emineni domain; (ii) �ny amendment to eny provislon of tho Conatituent Documenb if the provision is for the express benefic of Lender; (iii) tarmination of profeselonal management and esaumptlon of aelf•menegement of the Owners Association;or (i�) any action which would have the effeet of rendering the public liability insuranca coverage maintained by the Ow�ers Association uneccepteble to Lender. F. Remediai. If Borrower does not pay condominium duea end assessments when due, then Lander may pay them. Any Amounta disburoed by Lender under thi�Paragraph F shell becoma additional debt of Borrower 6ecured by the Securfty Instrument, Unless Borrower end lender egree to other term• of payment, these amounta �hell bear intereat from the date af diabursement at the Note rate end shall be peyeble,with interest,upon notice from lo�der to Borrower requecting payment. BY SIGNING BELOW, Borrower accepts end egroes to the terms and provitions contelned in this Condominium Rider. , � �� — � �jr2 �' ISeal) . j •Bonower (See11 Eliza� eth L. Engler •Boirowirr -Bo��oewei ISeal l •Borrowr. •Boiro�wrr (Seal) •Borrower MUL718TATE CONDOMINIUM RIDER—$ingle F�mtiy—FNMA/FMLMC Uniform �n�trum��t Form 3140 12/83 NnnF��qrosae �R os�ea�