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MULTISTATE CONDOMINIUM RIDER <br />Fannie Mae /Freddie Mac UNIFORM INSTRUMENT <br />Form 3140 1/01 Page 1 of 3 <br />201707445 <br />Loan Number: 0030009120 <br />CONDOMINIUM RIDER <br />THIS CONDOMINIUM RIDER is made this 31st day of OCTOBER, 2017 <br />and is incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust, or <br />Security Deed (the "Security Instrument ") of the same date given by the undersigned (the "Borrower ") to <br />secure Borrower' s Note to EQUITABLE BANK, A CORPORATION <br />(the "Lender ") of the same date and covering the Property described in the Security Instrument and located at: <br />3027 W Capital Ave #8, GRAND ISLAND, NEBRASKA 68803 <br />[Property Address] <br />The Property includes a unit in, together with an undivided interest in the common elements of, a <br />condominium project known as: <br />Continental Gardens <br />[Name of Condominium Project] <br />(the "Condominium Project "). If the owners association or other entity which acts for the Condominium <br />Project (the "Owners Association ") holds title to property for the benefit or use of its members or <br />shareholders, the Property also includes Borrower' s interest in the Owners Association and the uses, proceeds <br />and benefits of Borrower' s 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 or <br />any other document which creates the Condominium Project; (ii) by -laws; (iii) code of regulations; and (iv) <br />other equivalent documents. Borrower shall promptly pay, when due, all dues and assessments imposed <br />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 Lender <br />and which provides insurance coverage in the amounts (including deductible levels), for the periods, and <br />against loss by fire, hazards included within the term "extended coverage," and any other hazards, including, <br />but not limited to, earthquakes and floods, from which Lender requires insurance, then: (i) Lender waives <br />the provision in Section 3 for the Periodic Payment to Lender of the yearly premium installments for <br />property insurance on the Property; and (ii) Borrower' s obligation under Section 5 to maintain property <br />insurance coverage on the Property is deemed satisfied to the extent that the required coverage is provided <br />by the Owners Association policy. <br />What Lender requires as a condition of this waiver can change during the term of the loan. <br />Doc Magic OWNS <br />www.docmagic.com <br />