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201708826
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201708826
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Last modified
12/9/2019 6:36:26 PM
Creation date
12/27/2017 4:14:37 PM
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DEEDS
Inst Number
201708826
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201708826 <br />MERS MIN: 100039033939881581 3393988158 <br />CONDOMINIUM RIDER <br />THIS CONDOMINIUM RIDER is made this 27th day of December, 2017 , <br />and is incorporated into and shall be deemed to amend and supplement the Mortgage, Deed <br />of Trust, or Security Deed (the "Security Instrument ") of the same date given by the <br />undersigned (the "Borrower ") to secure Borrower's Note to <br />Quicken Loans Inc. <br />(the <br />"Lender ") of the same date and covering the Property described in the Security Instrument <br />and located at: <br />123 N Locust St, Apt 407 <br />Grand Island, NE 68801 -6069 <br />[Property Address] <br />The Property includes a unit in, together with an undivided interest in the common elements <br />of, a condominium project known as: <br />Grand Island SE <br />[Name of Condominium Project] <br />(the "Condominium Project "). If the owners association or other entity which acts for the <br />Condominium Project (the "Owners Association ") holds title to property for the benefit or use <br />of its members or shareholders, the Property also includes Borrower's interest in the Owners <br />Association and the uses, proceeds and benefits of Borrower's interest. <br />CONDOMINIUM COVENANTS. In addition to the covenants and agreements made in the <br />Security Instrument, Borrower and Lender further covenant and agree as follows: <br />A. CondominiumObligations.Borrower shall perform all of Borrower's obligations under <br />the Condominium Project's Constituent Documents. The "Constituent Documents" are the: (i) <br />Declaration or any other document which creates the Condominium Project; (ii) by -laws; (iii) <br />code of regulations; and (iv) other equivalent documents. Borrower shall promptly pay, when <br />due, all dues and assessments imposed pursuant to the Constituent Documents. <br />B. Property Insurance. So long as the Owners Association maintains, with a generally <br />accepted insurance carrier, a "master" or "blanket" policy on the Condominium Project which <br />is satisfactory to Lender and which provides insurance coverage in the amounts (including <br />deductible levels), for the periods, and against loss by fire, hazards included within the term <br />"extended coverage," and any other hazards, including, but not limited to, earthquakes and <br />floods, from which Lender requires insurance, then: (i) Lender waives the provision in <br />MULTISTATE CONDOMINIUM RIDER - Single Family - Fannie Mae /Freddie Mac UNIFORM <br />INSTRUMENT 4146053589 <br />Form 3140 1/01 <br />Wolters Kluwer Financial Services <br />VMP ® - (0810) �✓ <br />Page 1 of 3 Initials: <br />Il033939l IIIIII881III I58 I I 0153 40 II I IIIIIIIII8 01IIII 03 II I IIIIIIII II II III <br />g <br />
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