Laserfiche WebLink
20�203�3� <br />Loan Number: 107661 <br />PLANNED UNIT DEVELOPMENT RIDER <br />THIS PLANNED UNIT DEVELOPMENT RIDER is made this 2 0 th day of <br />APRIL, 2012 , and is incorporated into and sha11 be deemed to amend and <br />supplement the Mortgage, Deed of Trust, or Security Deed (the "Security Instrument") of the same date, <br />given by the undersigned (the "Bonower") to secure Borrower's Note to PLATTE VALLEY <br />STATE BANK & TRUST CO., A NEBRASKA CORPORATION <br />(the "Lender") of the same date and covering the Properiy described in the Security Instrument and located at: <br />2 21 PONDEROSA DR , GR.AND I S LAND , NEBR.A.S KA 6 8 8 0 3 <br />[Property Address] <br />The Property includes, but is not limited to, a pazcel of land improved with a dwelling, together with other <br />such parcels and certain common areas and facilities, as described in <br />COVENANTS, CONDITIONS AND RESTRICTIONS OF RECORD <br />(the "Declazation"). The Property is a part of a planned unit development known as <br />PONDEROSA LAKE ESTATES HOMEOWNER'S ASSOCIATION <br />[Name of Planned Unit Development] <br />(the "PUD"). The Property also includes Bonower's interest in the homeowners association or equivalent <br />entity owning or managing the common azeas and facilities of the PUD (the "Owners Association") and the <br />uses, benefits and proceeds of Bonower's interest. <br />PUD COVENANTS. In addition to the covenants and agreements made in the Security Instrument, <br />Bonower and Lender further covenant and agree as follows: <br />A. PUD Obligations. Borrower shall perform all of Bonower's obligations under the PUD's <br />Constituent Documents. The "Constituent Documents" are the (i) Declazation; (ii) articles of incorporation, <br />trust instrument or any equivalent document which creates the Owners Association; and (iii) any by-laws or <br />other rules or regulations of the Owners Association. Borrower shall promptly pay, when due, a11 dues and <br />assessments imposed pursuant to the Constituent Documents. <br />B. Property Insurance. 50 long as the Owners Association maintains, with a generally accepted <br />insurance carrier, a"master" or "blanket" policy insuring the Property which is satisfactory to Lender and <br />MULTISTATE PUD RIDER--Single Famil <br />Fannie Mae/Freddie Mac UNIFORM INST�UMENT <br />Form 31501/01 Page 1 of 3 <br />v ` <br />DodYla,g/c E�,-� <br />www.docmagic. com <br />Us3150.ridxml <br />