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LOAN #: 012132559 CONDOMINIUM RIDER THIS CONDOMINIUM RIDER is made this 29th day of November, 2017 and is incorporated into and shall be deemed to =amend and supplement the Mortgage, Deed of Trust, or Security Deed (the "Security Instrument") of the same date given by the undersigned (the "Borrower") to secure Borrower's Note to Exchange Bank, a state Chartered Bank (the "Lender") of°the <same date and covering the Property described in the Security Instrument and Located at: 3027W Capital Ave Ste. 10, Grand Island, NE:68803. The Property includes a unit in, together with an undivided interest in the common ele- ments of, a condominium project known as: Windsor Square Condominium Property Regime (the "Condominium Project"). If the owners association or other eriii which acts for the Condominium Project (the Ass ociation ; ) holds titie to property flor the benefit or use of its members or shareholders, the Pr also includes Borrower's interest in the Owners Association and the uses, proceeds and benefits of Borrower's interest. CONDOMINIUM COVENANTS. In addition to the covenants and agreements made in the Security Instrument, Borrower and Lender further covenant and agree as follows: A. Condominium Obligations, Borrowershall perform alt of Borrower's obligations underthe Condominiu m aProject's Constitue Do cuments. The Documen ` are the: (1) on or any other document Which createsthe Condorrrinlum Project (ii) by -taws; (iii) code of regulations, and (iv) other equivaler t doct ments. Borrower shall ent Documents pay, when due, all dues and assessments imposed pursuant to the Constitu ocuments B. Property Insurance, So long as the OwnersAssodation maintains, with a ever ally accepted insurance carrier, a "master" or "blanket" policy on the Condominium roject which is satisfac to Leader and whir r p rovides insurance coverage in the amou (inc , ctedu� e Levels), for the pesos, and ac ainst loss by #ire, hazards ;included wi thi n the t erm " extended coverage," and any other hazards, including, but not limited to earthquakes and floods, from which Lender requires Insurance, then: (i) Lender waives the provision in Section 3 for the Periodic Paymerit to Lender of the yearly premium installments for property insurance on the Propeity; and (ii) Borrower's obligator) under Section 5 to maintain property insurance coverage on the Property is deemed satisfied to the exterit that the required coverage is provided by the Owners Association policy at ender mquires as a condition of this waiVer can change during the tenn of the loan. Borrower Shall give Lender prompt notice of any lapse iri required property insurance coverage provided by the master or blanket policy, in the event of a distribution of property insurance proceeds in lieu of restoration or repair following a loss to the Property vvhether to the unit or to common elements, any proceeds payable to Borrower are hereby assigned and shall be paid to Lender for application to the SUrrIS secured by the Security Instrument vvhether Or not then due with the excess, if any, paid th Borrower. C. Public LiabilitY Ineurance. Borrower shall take such actions as may be reason- able to insure that the Owners Association maintains a public liability insurance policy acceptable in form, amount, and extent of coverage to Lender. D. Condemnation. The proceeds of arty award or claim for damages, direct or consequential, payaole to Borrower in connection with any condemnation or other taking of all or any part of the Property, whether of the unit or of the comrn on elements, or for any conveyance in lieu of condemnation, are hereby assigned and shall be paid to Lender, Such proceeds shall be applied by Lender to the surns secured by the Secu- rity Instrument as provided in Section 11 MULTISTATE CONDOMINIUM RIDER -- Single Family -- Fannie Mae /Freddie Mac UNIFORM INSTRUMENT Form 3140 1/01 Initial: Ellie Mae, Inc. Page 1 of 2 F314ORDU 0307 F3140RLU (CLS) 11/29/2017 08:55 AM PST 201708158