Laserfiche WebLink
201905007 <br />3430950117 <br />Planned Unit Development Rider <br />MERS MIN: 100039034309501171 <br />FHA Case No. <br />321-3710563-703 <br />THIS PLANNED UNIT DEVELOPMENT RIDER is made this 19th day of August, 2019 <br />and is incorporated into and shall be deemed to amend and supplement the Mortgage, Deed <br />of Trust or Security Deed ("Security Instrument") of the same date given by the undersigned <br />("Borrower") to secure Borrower's Note ("Note") to <br />Quicken Loans Inc. <br />("Lender") of the same date and covering the Property described in the Security Instrument <br />and located at: <br />418 Little BlueStem Cir <br />Grand Island, NE 68803 <br />(Property Address) <br />The Property Address is a part of a planned unit development ("PUD") known as <br />Copper Creek <br />(Name of Planned Unit Development) <br />PUD 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. So long as the Owners Association (or equivalent entity holding title to common <br />areas and facilities), acting as trustee for the homeowners, maintains, with a <br />generally accepted insurance carrier, a "master" or "blanket" policy insuring the <br />Property located in the PUD, including all improvements now existing or <br />hereafter erected on the mortgaged premises, and such policy is satisfactory to <br />Lender and provides insurance coverage in the amounts, for the periods, and <br />against the hazards Lender requires, including fire and other hazards included <br />within the term "extended coverage," and loss by flood, to the extent required <br />by the Secretary, then: (i) Lender waives the provision in Paragraph 3 of this <br />Security Instrument for the monthly payment to Lender of one -twelfth of the <br />yearly premium installments for hazard insurance on the Property, and (ii) <br />Borrower's obligation under Paragraph 5 of this Security Instrument to maintain <br />hazard insurance coverage on the Property is deemed satisfied to the extent <br />that the required coverage is provided by the Owners Association policy. <br />4793039202 <br />FHA PUD II II IIIIIIIIIIII IIIIIII September 2014 <br />BankerssemsTM VMP I34VIIIIIIIIIIII IIIIVMP589U (1502).00 <br />Wolters Kluwer Financial Services Page 1 of 3 <br />