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2� 1 ��544� <br /> F <br /> � <br /> PLAI�TN�I� �IrTIT DEV�L,C�Pl1���T'� RID�l�. <br /> TH1S P�ANNED U��T DEVELC�PMENT R[DER is made th�s 17th day �f <br /> August 2D l� , and is incorporated into and shall be <br /> deemed to amend and sup��ement the Mortgage, Deed of T�-ust, ��- Secur�ty Deed �the <br /> "Security 1 nst�ument"� ❑fi the same date, g��en by the undersigned �the "Borrower"3 ta <br /> s�cure Borrower's Note to Home Federa� Sa��ngs and Loan Assn of Grand Is�and <br /> �the "Lender"� af the same date and co�er��g tne Property descr�bed �n th� SeCur�ty <br /> Instrument and Iocated at: 10� Ponderosa Dr <br /> Grand I s�and, NE �88�3 <br /> [Property Address] <br /> The Property inciudes, but �s not I�mited to, a parce[ �f land impro�ed with a dvvelling, <br /> togeth�r- with other such parcels and certain commor� areas and facilities, as described in <br /> D�c�aration of Covenants, Cond�t�ons and Restri�ti�ps, of t�e herein <br /> named homeawners association, and any amendments ther�to. � <br /> �the "De�larativn"}. The Praperty �s a pa�t of a p[anned unit de�elopment known as <br /> P�nd�rosa Lak� Estates <br /> [Name of Planned Unit De�e�opment� <br /> �the "PUD"}. T'he Prape�ty als� includes Borrower's �nt�rest �n the homenwners ass�ciat�on or - <br /> equi�a[ent entity own�ng ar managin� the cornman areas and faci��ties of tne PUD �the _ <br /> "C)wners Associat�on"} and the uses, benefits and prviceeds of Barrower's interest. <br /> PUD CC]VENANTS. In additivn to the co��nan�s and agreements made in the Secur�ty <br /> �nst�ument, Borrower and Lender further co�enant and a�ree a� fol�aws: . <br /> A. PiJD �b�igations. Borrower shall perfo�m all of Bnrrawer's ob��gatians under th� PUD's <br /> Constituent Documents. The "C�nst�tuent Documents" are the �i} Declaratian; ��i3 art�cl�s of <br /> incorpo�-ation, trust instrument or any �qui�a�ent document which creates th� C]wners <br /> Associat�on; and �iii} any �y-laws or vther ru�es or regu�at�ons of the �wners Association. <br /> Barrower shall prompt�y pay, when due, all dues and assessments irr�posed pursuant to the <br /> �nnstitu�nt D�cuments. <br /> MULT�STATE PUD Fi1DER - Sing�e Fam�fy - Fann�e iUlaelFreddie Mac UNIF R lNSTF�UMENT <br /> Fnrm 3'[54 110� <br /> VIlo�ters Kluwer Financ�al Ser��ces Page � of 3 lnitia� • <br /> VM P�-7R ��8� �3 <br />