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201701102
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Last modified
7/3/2017 5:40:34 PM
Creation date
2/21/2017 9:16:03 AM
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DEEDS
Inst Number
201701102
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PLANNED UNIT DEVELOPMENT RIDER <br />LOAN# 000022606 <br />THIS PLANNED UNIT DEVELOPMENT RIDER is made this 13th day <br />of February , 2017 , and is incorporated into and shall be <br />deemed to amend and supplement the Mortgage, Deed of Trust, or Security Deed (the "Security <br />Instrument ") of the same date given by the undersigned (the "Borrower ") to secure Borrower' s <br />Note to <br />CENTRIS FEDERAL CREDIT UNION, A NEBRASKA CORPORATION <br />(the <br />"Lender ") of the same date and covering the Property described in the Security Instrument and <br />located at: <br />3761 STARWOOD AVENUE GRAND ISLAND, NE 68803 <br />[Property Address] <br />The Property includes, but is not limited to, a parcel of land improved with a dwelling, together <br />with other such parcels and certain common areas and facilities, as described in <br />Protective covenants, conditions, and restrictions of said <br />developments. <br />(the "Declaration "). The Property is part of a planned unit development known as <br />LA RUE <br />[Name of Planned Unit Development] <br />(the "PUD "). The Property also includes Borrower' s interest in the homeowners association or <br />equivalent entity owning or managing the common areas and facilities of the PUD (the "Owners <br />Association ") and the uses, benefits and proceeds of Borrower' s interest. <br />PUD 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. PUD Obligations. Borrower shall perform all of Borrower' s obligations <br />under the PUD' s Constituent Documents. The "Constituent Documents" are the (i) <br />Declaration; (ii) articles of incorporation, trust instrument or any equivalent document <br />which creates the Owners Association; and (iii) any by -laws or other rules or regulations <br />of the Owners Association. Borrower shall 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 <br />generally accepted insurance carrier, a "master" or "blanket" policy insuring the Property <br />which is satisfactory to Lender and which provides insurance coverage in the amounts <br />MULTISTATE PUD RIDER - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />G3150 -01 (04/10) (Page 1 of 3) <br />Form 3150 1/01 <br />201701102 <br />
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