Laserfiche WebLink
Loan ivumber: ��4 Barn�2�� 7�� 1 4 5 <br /> � <br /> � <br /> ��ND�MINIUM RlDER <br /> THIS CaND�MINIUM RIDER is made this �7th day of DECEMBER, 2 016 , <br /> and is incorporated inta and shali be deemed to amend and supplement the Mortgage, Deed of Trust, or <br /> Security Deed tthe "Security Instrument"} of the same date �iven by the undersigned �the "Borrower") to <br /> secure Bo�-rower's Nnte to F I RS T S TATE BANI�, A NEBRAS KA �AN�{ING <br /> CaRPORATI�N <br /> (the "x�ender"} of the same date and couerin� the Property described in the Security Instrument and located at: <br /> 3303 Schroeder Ave� �rand Island� Nebraska 58803 <br /> [Property Address] <br /> The Prop�rty includes a unit in, tn�ethei• with an undi�ided interest in the common elements of, a <br /> condominium pr��ect kn�wn as: <br /> Indianhead Tawnhomes Assvciativn, In� <br /> [Name of Condominium Praject� <br /> (the "Condominium Pr�ject"}. If the owners as5ociatian �r other entity �vhich ac�s far the Condominium <br /> Proje�t �the "Owners Associati�n"} holds title t� property for the benefit or use of its mem�ers ar <br /> sharehalders,the Property also includes Bori-ower'�interest in the Owners Associati�n and the uses, proceeds <br /> and benefit5 af �3orrower's Fnterest. � <br /> COND�MINIUM ��VENANTS. In additifln tc� the covenants and agreem�nts made in the Securrty <br /> � Instrument, Borrower and I..ender further co�enant and agree�s fol�ows: <br /> A. �ondom�nium ��ligat i�ns. Bori�ower shall perform all of Borrowei•'s ob�igations under the <br /> �ondc�minium Pro�ect's Constituent Documen�s. 1fie "Constituent Documents" are �he: �i}DecIat•a�ion or <br /> ar�y other document wh�ch creates the�andominium Pro�ect; (ii} by-laws; tiii}code of regulations; and ti�} <br /> othe�• equivalent dc�cuments. Borrower shall promptly pay, when due, all dues and assessments imp�sed <br /> pursuant t� the �on�tituent Documents. <br /> B. Property lnsurance. So lon�as the awners�ss�ciation ma�ntains, with a�enerally acc�pted <br /> insurance carrier.a"master"or"blanket" policy on the Cond�minium Project which is satisfa�tory to Lender <br /> aTid wh ich pro�ides insurance co�ei•age in the amoun�s (includ�n� dedu�tible levels}, for �he periods, and <br /> a�ainst loss by fire, hazards inc�uded within the t�rm"extended ca�erage,"and any other hazards, inc�uding, <br /> but nnt �im�ted to, earthquake� and flc�ods, frc�m which I._ender requires insurance, then: �i}Lender wai�es <br /> the p�•c���sion in 5ection 3 t�r the Periodic Payment to Lender af the yearly premium instal�ments for <br /> prnperty insurance on the Prop�rty; and �i i} Bori�ower's obliga�ion under S�ctian S to maintain property <br /> insurance cn��rage on the PropeF�ty is deemed satisfied to the extent that the required co�era�e is provided <br /> by the �wners Association policy. <br /> What LendeY- requires as a condition of this waiver can change durin� the term of the loan. <br /> MULTISTaTE COND�MlNIUM RIDER DacMa�qlc��� <br /> Fan ni e Mael Freddi e Mac U N I F�RM I fV STRU MENT w w w.doemagic.com <br /> Form 3140 11�1 Page 1 of 3 <br />