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��15�1�� L�AN#: 1�Q1EM�873a� M IN: �I�D9�3�-��D�777�9-� PLA�NED UN�T �3�VELC�PME�IT R�DER THI� PLANNED LJNIT DEVEL�PN�ENT RiDER �s mad� this �3th day of February, 2�� and is inc�rporafied in�o and sha[1 be deemed �a amend and supplernenfi the M�rt�age, De�d of Trust �r Securi�y Deed ��he "S�curi�y Instrumen�"} of the same date, gi��n �y the undersigned ��he`=BorravUer'=}�o secure Borr�wer's N��e fio BBN�C lUlor�gag�, LLC, a L�mited Liabil��y Company �the "Len�er"} . of�he �a�e da�� and co�ering �he Prop�r�y descr�bed in �he Securi�y lnstrumen� and _ �o��ted at: 3503 De�rwoo�d AWenue, �rand Island, NE fi88�3. Th� proper�y �ncludes, but is no� lin�i��d �o, a par�e� of land impro�ed with a dwelling, t�get�erwi�h a�hersu�h par�els and cer�ain �ommon ar�as and fac�lities, as descr��d in CC]VENANTS,�[3NDITI�NS AND F�EST�ICTI�NS ��he "Declarati�n"}. The F'r�per�y i� � part af a planr�ed unit dev�lopment knnwn as LaRue � ��he"PIJD"�.��Proper[�a�so inc[udes B�rrower's interest�n�he homeowners associa��on .� �r equi�al�n� en��fiy ovuning or manag�ng �n� common areas and fac�li�i�s of�he PUD ��he"�wners Assoc�a�ian"} and fhe us�s, ��n�fits�nd proceeds of B�rr��er's in�er�s�. PUD CC]VE�VANTS. �n addi�ion t� the co�enar��s and agr�ements made in ��e Secur��y lns�rument, Borrower and Lend�r fur�her caWenan� and agre� as fol�ows: A. PU D C]bligations.B�rro�er sh��I perf�r�alI of Borrvwer's�b[iga�i�n�u nder�he P U�'s �onst��uent D�cur�en�s. The "�ons�i�u�nt Documents" are �he �i} Declarafifln; ��i} art�cles af incorpora�ion, trus�ins�rument�r any�quivalent da�ument whi�h creates the C]wner�Assoc�at�on;and ��}any by��aws or other ru�es or re�u[a��ns of fhe C�v�ners Assoc�at�on. Borrov�er sha�i promp#I� pay, v�rhen du�, a�l du�s and assessr�enfs � in�p�sed pursuant �� he �ons��tuent D��urnents. B. Pr��erty Insurance. S❑ long as �he �wners Associa��on main�a��s, vU�th � .� genera�ly accept�d �nsuranc�carr�er,a"master"oriiblanket"policy insuring�h��'rap�rty which is sa�isfac�ory�� Lender and�hi�h pr�vid�s insurance �ov�rag� in the am�un�s �in�luding deduc�ible le��ls}, for�he pe�iods, and aga�ns�loss by f�re, ha�ards included wi�h�n �he �ern� "�xt�nded c��rage,'� and any o�h�r hazards, inc�u��ng, but no� �im��d �o,ear�hquakes and f�o��s,forwhich L�nder requires�nsuranc�,then: �i} Lend�r�ra�ves �� pro�isi�n �n Sec�i�n 3 for the P�ri�d�� Paymen� �o L�nder of�he y�arly prem�um ins�al�men�s for pr�perty�nsurance vn�h�Pr�p�rty; and ��i} Borrower's ob�iga�ion under Sect�ar� 5�a ma�ntain praper�y insuran�e �o�era�e�n the Pr�perty�s d�emed satisf�ed �� he �x��n��hat the requ�red cov�rage �s pro�ided �y�he ��rners Ass�ciaf�on policy. 1111haf Lend�r requires as a candition of th�s wai�er can change dur�ng�h��erm of�he l�an. . Barrav�r�r sha�� g��e L�nder pramp� n❑tic� �f any �aps� in required proper�y insur��ce ��r�ge pr�Wide� by �he mas�er �r blanket pa�icy. � ln �h�event of a dis�ribu��on of prop�r�y �nsuran�e proceeds in �ieu of res�aration vr r�pair fa��ovving a loss to�h� Pr�per�y, or to con��on areas and fa�i[ities af fh� PUD, any proce�ds pay�b�e to Borrov�rer ar� hereby assign�d and shal�b�paid�� Lend�r. Len�er sha�r a�ply the pro�eeds fa �he �ums secured by the Securify [n��rumen�, ��e�h�r or nflt th�n due, �i�h the ex��ss, if any, p�id �o Borrow�r. C. Pub�ic Liabi�ity [n�urance: Borrower shal� �ake such a��ians as rnay be r��sonable to ensure�ha�the�wr��rs Associa�ion main�a�ns a �ub[�c��ab�lity insuran�� policy accep�able �n form, amou�n�, and ex��nt �f cvW�rage t� Lender. � in�t�a[s: �� � • M�LTISTATE PU❑R[DER-�Single Family�-Fannie�aelF�edd�e 1lrlac UN�F�RN!�NSTRUMENT Form 31�a�lQ�I � � El�ie Mae,[nc. ��ge � ��2 F315DRDU D�'�5 F315�RLU " �211 21201 5 1�:29 A�PST - �.� ....