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20120637� <br />PLANNED U�1IT DEVELOPMENT RIDER <br />THIS PLANNED UNIT DEVELOPMENT RIDER is made this 27TH day of <br />JULY, 2012 , and is incorporated into and shall be <br />deemed to amend and supplement the Mortgage, Deed of Trust, or Secur'rty Deed ithe <br />"Security instrument°) of the same date, given by the undersigned (the "Borrower") to <br />secure Borrower's Note to gqNK OF DONIPHAN, DRGANfZEO AND EXISTIN6 UNDER THE LAWS OF THE <br />STATE OF NEBRASKA <br />(the "Lender") of the same date and covering the Property described in the Security <br />Instrument and located at: 30 PONDEROSA DRIVE, GRAND ISLAND, NE 68803 <br />[Property Address] <br />The Property includes, but is not fimited to, a parcel of land improved with a dwelling, <br />together with other such parcels and certain common areas and facifities, as described in <br />AGREEMEf�T FOR PONDEROSA LAKE ESTATE SUBDIVISION HOMEOWNERS ASSOCIATIDI�, RESTRICTIVE <br />COVENANTS AND CONDITIONS RECORDED 11I2111391 AS INSTRUMENT N�. 91107868 IN THE OFFICE OF <br />� REGISTER OF DEIDS OF HALI, COIINTY, PEBBASRA. AMEDIDID 1/8/I992 II�S. 92100182 <br />(the "Declaration"). The Property is a part of a planned unit deve{opment known as <br />PONDEROSA LAKE ESTATE SUBDIVlSION HOMEOWNERS ASSOCIATION, RESTRICTIVE COVENANTS AND <br />CONDiTI0N5 <br />[Name of Planned Unit Development] <br />(the "PUD"). The Property also incfudes Borrower's interest in the homeowners association or <br />equivaient entity owning or managing the common areas and faciiities of the PUD fthe <br />"Owners Association") and the uses, benefits and proceeds of Borrower's interest. <br />PUD COVENAAITS. In add'rtion to the covenants and agreements made in the Security <br />Instrument, Borrower and Lender further covenant and agree as follows: <br />A. PUD Obfigations. Borrower shall perform all of Borrower's obligations under the PUD's <br />Constituent Documents. The "Constituent Documents" are the (i) Declaration; (ii} articles of <br />incorporation, trust instrument or any equivalent document which creates the Owners <br />Association; and (iii) any by-laws or other rules or regulations of the Owners Association. <br />Borrower shall promptfy pay, when due, all dues and assessments imposed pursuant to the <br />Constituent Documents. <br />MULTlSTATE PUD RIDER - Sing{e Famiiy - Fannie Mae/Freddie Mac UNIFORM lNSTRUMEIYT <br />F�rm 3150 1 /01 <br />Wolters Kiuwer Financial Services Page 1 of 3 Initials: <br />VMP°-7R (0811) <br />I ( � I�II�� <br />I IIIIuu (I� I� W� u <br />