Laserfiche WebLink
Us3150.ridxml <br />PLANNED UNIT DEVELOPMENT RIDER <br />THIS PLANNED UNIT DEVELOPMENT RIDER is made this 21st day of <br />MAY, 2018 , and is incorporated into and shall be deemed to amend and <br />supplement the Mortgage, Deed of Trust, or Security Deed (the "Security Instrument ") of the same date, <br />given by the undersigned (the "Borrower ") to secure Borrower' s Note to EQUITABLE BANK, A <br />CORPORATION <br />(the "Lender ") of the same date and covering the Property described in the Security Instrument and located at: <br />2706 Pioneer Blvd, GRAND ISLAND, NEBRASKA 68801 <br />[Property Address] <br />(the "Declaration "). The Property is a part of a planned unit development known as <br />Kenmare Subdivision Homeowners Association, Inc. <br />[Name of Planned Unit Development] <br />Loan Number: 0030010524 <br />The Property includes, but is not limited to, a parcel of land improved with a dwelling, together with other <br />such parcels and certain common areas and facilities, as described in <br />COVENANTS, CONDITIONS AND RESTRICTIONS OF RECORD <br />(the "PUD "). The Property also includes Borrower' s interest in the homeowners association or equivalent <br />entity owning or managing the common areas and facilities of the PUD (the "Owners Association ") and the <br />uses, benefits and proceeds of Borrower' s interest. <br />PUD COVENANTS. In addition to the covenants and agreements made in the Security Instrument, <br />Borrower and Lender further covenant and agree as follows: <br />A. PUD Obligations. Borrower shall perform all of Borrower' s obligations under the PUD' s <br />Constituent Documents. The "Constituent Documents" are the (i) Declaration; (ii) articles of incorporation, <br />trust instrument or any equivalent document which creates the Owners Association; and (iii) any by -laws or <br />other rules or regulations 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 generally accepted <br />insurance carrier, a "master" or "blanket" policy insuring the Property which is satisfactory to Lender and <br />MULTISTATE PUD RIDER -- Single Family <br />Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />Fomi 31501/01 <br />Page 1 of 3 <br />DocMaglc ERMA <br />www.daanagic.com <br />201803192 <br />