Laserfiche WebLink
201204115 <br />PLANNED UN1T DEVELOPMENT RIDER <br />t�ONZALEZ ARIAS <br />Loan #: 11110 63 0 84 <br />MIN:100125711110630845 <br />Cesc #; 321-3118453-703 <br />THIS PLANNED UNIT DEVELOPMENT RIDER is made this 218T day of MAY, <br />2 p 12, and is incorporated into and shall be deemed to amend and supplement the Mortgage, Dead <br />of Trust or Security Deed ("Security Instrument") of the same date given by the undersigned <br />("'Borrower") to secure Borrower's Note ("Note") to C�REAT WESTERN BANK ("Lender") of the <br />same date and covering the Property described in the Security Instrument and located at: 2517 <br />COTTONWOOD RD, C�RAND ISLAND, NE 68801 [Property Address]. The Property Address <br />is a part of a planned unit development ( "PUD") known as RIVER3IDE PROPERTY OWNERS <br />ASSOCIATION [Name of Planned Unit Development]. <br />PUD COVENANTS. In addition to the covenants and agreements made in the Security <br />Instrument, Borrower and Lender further covenant and agree as follows: <br />A. So long as the Owners Association (or equivalent entity holding title to <br />common areas and facilities), acting as trustee for the homeowners, maintains, <br />with a generally accepted insurance carrier, a"master" or "blanket" policy insuring <br />the property locatad in the PUD, including all improvements now existing or <br />hereafter erected on the mortgaged premises, and such policy is satisfactory to <br />Lender and provides insurance covarage in the amounts, for the periods, and <br />against the hazards Lender requires, including fire and other hazards included <br />within the term "extended coverage," and loss by flood, ta the extent required by <br />the Secretary, then; (i) Lender waives the provision in Paragraph 2 of this Security <br />Instrument for the monthly payment to Lender of one-twelfth of the yearly <br />'� 50.8 Page 1 of 2 FHA Multistate AUD Rider <br />6/96 <br />