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200102756 <br />CONDOMINIUM RIDER ALEXANDER <br />LOAN NUMBER: 01020020 <br />THIS CONDOMINIUM RIDER is made this 23RD day of MARCH, 2001 , and is <br />incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust or Security Deed (the <br />"Security Instrument ") of the same date given by the undersigned (the "Borrower ") to secure Borrower's Note to <br />FIVE POINTS BANK —WEST <br />(the "Lender ") of the same date and covering the Property described in the Security Instrument and located at: <br />1806 STOLLEY PARK CIRCLE GRAND ISLAND, NE 68803 <br />[Property Address] <br />The Property includes a unit in, together with an undivided interest in the common elements of, a condominium <br />project known as: PARK GARDENS <br />[Name of Condominium Project] <br />(the "Condominium Project "). If the owners association or other entity which acts for the Condominium Project (the <br />"Owners Association ") holds title to property for the benefit or use of its members or shareholders, the Property <br />also includes Borrower's interest in the Owners Association and the uses, proceeds and benefits of Borrower's <br />interest. <br />CONDOMINIUM 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. Condominium Obligations. Borrower shall perform all of Borrower's obligations under the <br />Condominium Project's Constituent Documents. The "Constituent Documents" are the: (i) Declaration <br />or any other document which creates the Condominium Project; (ii) by -laws; (iii) code of regulations; <br />and (iv) other equivalent documents. Borrower shall promptly pay, when due, all dues and assessments <br />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 on the Condominium Project which is satisfactory to <br />MULTISTATE CONDOMINIUM RIDER— Single Family -- Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 31401/01 <br />DOCUROA 1 (page l of 3 pages) <br />DOCUROAI.VTX 11/28/2000 <br />