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201702874
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Last modified
7/28/2017 3:44:30 PM
Creation date
5/3/2017 8:59:53 AM
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DEEDS
Inst Number
201702874
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2� 17�2874 <br /> coNa�r��N�un� ��Q�R <br /> THIS Ct]Na�lI1�INIUM RIDER �s made�his �gth day o� Apri�,20�7 <br /> and is inc��para�ed�nt�and shall be de�med�o amend and supp�emen��he Mortgage, <br /> Deed of Trus�, or Securi�y D�ed ��he"Securi�y Instrumen�"}a�the same da�e gi�en by <br /> the undersigned �the"Borrower"}to secure Ba��rovver's N��e fo Home Federal Sa�ings <br /> and Loan Assn o�Grand Island,a Federal 5avings Associa#�vn <br /> �fhe"Lender"} <br /> of#he same date and co�ering�he P�oper�y described in�he S�curity Instrumen�and <br /> �4Cat�d ��: 4'15 Rosewood�ir,Grand tsland,NE G88D3. <br /> The Proper�y inc�udes a unit in,toge�herwith an und�vided in�er�s�in the c�mm�n ele- � <br /> ments�f, a cvndominium prajec�kno�rn as: Vllestwood Park Condomin�ums <br /> �the"�ondvm�nium Pro�ect"}. <br /> (f�he�v�rners assacia�ivn ar other en�i�y vuh�ch ac�s�or�he Condaminium Projec�€�he <br /> "C��ners Assoc�a�i�n"� halds title to p�oper�y for�he benef[� ❑r use of i�s m�mbers o� <br /> sha�ehalders,th�F'roperty alsa inc�udes Borrav�e�'s irtferes��n the Dwners Assac�at�an <br /> and the uses, proceeds and �enefits of Barr��rer's in�erest. <br /> ��t�DQ��NIU���'�EN�NTS.�n add��ion tv�h�caver�ants and agreements made <br /> in �he 5�curity Inst�ument, Borra�er and Lender further covenant and agree as <br /> fo��au�rs: <br /> A. �and�mi��u�C�b��gatia�s,Borrowersha�ip�r�armal�❑fBorra��r's�b�iga��ons <br /> und�rthe Condom�nium Pro�ec�'s GQ�s�i�uen�Documen�s.The"�ons�itu�n�D�cumen�s" <br /> a�re�he.�i�Dec[a�atian o�anya�herdacumen�wh�ch c�eates�he Ctindom�niur�Pro�e��; <br /> �ii}�y--�aws;(��i}cad�af r�gula�ions;��d�i�}o�her equivalen'�documer�ts.Borrower shal� <br /> promp#ly pa�,when due,��I dues and assessmen�s impvsed pursuan��o��e Cor�s�i�u- � <br /> ent Dacurpe�tts. <br /> �. ��oper��nsurance.So�ong as the C��rvne�sAss�ciation mainta�ns,w��h a gener- <br /> al�y accepted�nsurance carrier,a"mas�e�"or"blank�t"po[��y on the Cond�min�um P�o�ect <br /> �nrhich is sa�isfac�ary�o Lender and which pra��de�insuran�e c�Werage in the am�un�s <br /> �inc[uding deduct�ble levels},for�he per�ods, and ag�ins�loss�y fre, hazards inc�uded <br /> v�r��h�r��he term iie�ctended coverage,"and any other hazards,inc�uding,bu�no���mited to, <br /> ea�#hqua'k�s and flo�ds,fram�rh�ch Lender requires insuranc�,then: �i} Lender wai�es <br /> the pravisfon i� Sec�ion 3 fnr�he P��iodic Paymen� �o Lend�r af the yearly premium <br /> �ns�a��rr�en�s for prape�ty insurance on�he Proper�y;and �ii} Barraw�r's obl�ga��an unde� <br /> Sec�i�n��o ma�n#ain p�oper�y insurance coverage on�h�Prope�y is deemed sa�isfied <br /> to�he ex�ent�nat�he re uired�overa e is ravided b th��wners Association olic . <br /> If�lha�Lende��e uires�as a candi�ion of th[s�v�raiver carYi chan �durin �he term of the�aan. � <br /> q g 9 <br /> Bar�ower sha�l g��e Lende� prompf nofice a� any iapse in requ[�ed property <br /> insurance c�ve�age prov�ded by the master or b�ankef pol�cy. <br /> In�he e�en�of a distribu�ion of p�op��ty i�surance proc�eds��li�u of r�s�orat�an or <br /> repair fol�awing a loss to the Prope�t ,whe�her#o�h�uni�o��a cammon e�ements,any <br /> a �iGaraceeds a able �o Barrvwer are �ereb ass� ned and sha�l be aid �o Lender f�r <br /> tion�a#he sums secured b the Securi� g nstrument, whe�he�or not�hen due, <br /> �p Y Y <br /> �rvith th�exc�ss, ��any, paid�❑ Borra�rer. <br /> C. P�biic Liabi[ity Insuran�e.Borrow�r shal�take such ac�ions as may be reasonW <br /> able fo insure�ha��h�Owners Assacia�ion maintains a pu�l�c liabilit�r insurance poiicy <br /> acc�ptable�n form, amount, and ex#ent of caverag�to Lender. <br /> D. Candemnat�on. The p�o�eeds a�any award ar cIaim #o� damages, d��ec� or <br /> cflnsequen�ial, paya��e ta Borro�r�r �n cvnnecti�n �rvi�h any condemnation �r other <br /> �aking a�al�❑r any pa�of�he Praperty,v�he�her af�he un�t❑r ofi�he cammon��emenfs, <br /> or�or any can�eyanc�in iieu�f�andemna�i�n, are hereby ass�gned�nd sh�l�be paid <br /> �a Lender.5uch proce�ds sha�l be applred by Lender#o the sums secured bythe 5ecu- <br /> �-��y Instrumenf as prfl�ided in Sect��n ��. <br /> �VlULTISTATE G�ND�M[N1UN!R[DER--Singf�Family--Fannie Mael�r�d�ie MaG�NI�DRM INSTR�MENT <br /> Form 3140'�!D'I <br /> Ellie Ma�,Ir�c. Page'� of 2 F3 4�R�Lf(CL5} <br /> fY�` "II <br /> � <br /> � <br />
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