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20120653� <br />Loan Number: 108575 <br />PLANNED UNIT DEVELOPMENT RIDER <br />THIS PLANNED UNIT DEVELOPMENT RIDER is made this lst day of <br />AUGUST , 2 012 , and is incorporated into and shall 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 "Borrower") to secure Bonower's Note to PLATTE VALLEY <br />STATE BANK & TRUST CO., A NEBRASKA CORPORATION <br />(the "Lender") of the same date and covering the Property describad in the Security Instrument and located at: <br />2729 LAKEWOOD DRIVE, GRAND ISLAND, NEBRASKA 68801 <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 "Declaration"). The Property is a part of a planned unit development known as <br />BRENTWOOD THIRD SUBDIVISION <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 areas 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 />Borrower and Lender further covenant and agree as follows: <br />A. PUD Obligations. Bonower 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 sha11 promptly pay, when due, all dues and <br />assessments imposed pursuant to the Constituent Documents. <br />B. Property InSUrance. So 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 Family DodYle,g/c� <br />Fannie Mae/Freddie Mac UNIFORM INSTRUMENT www.docmagic.com <br />Form 3150 1/01 Page 1 of 3 <br />Us3I50.rid.xml <br />�/ �� <br />