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Planned Unit Development Rider <br />(Home Equity Conversion Mortgage) <br />202208198 <br />FHA Case Number: 321-3937811-962 <br />THIS PLANNED UNIT DEVELOPMENT RIDER is made on 11/16/2022 and is <br />incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust or <br />Security Deed ("Security Instrument") of the same date given by the undersigned ("Borrower") <br />to secure Borrower's Note ("Note") to Mutual of Omaha Mortgage, Inc.("Lender") of the <br />same date and covering the Property described in the Security Instrument and located at: <br />4340 ASTER DRIVE, GRAND ISLAND, Nebraska 68803 <br />The Property is a part of a planned unit development ("PUD") known as <br />COPPER CREEK ESTATES <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 generally accepted <br />insurance carrier, a "master" or "blanket" policy insuring the property located in the PUD, <br />including all improvements now existing or hereafter erected on the mortgaged premises, and <br />such policy is satisfactory to Lender and provides insurance coverage in the amounts, for the <br />periods, and against the hazards Lender or the Secretary require, including fire and other hazards <br />included within the term "extended coverage," and loss by flood, to the extent required by the <br />Secretary, then: (i) Lender waives the provision in Paragraph 2 of this Security Instrument for <br />the payment of the premium for hazard insurance on the Property, and (ii) Borrower's obligation <br />under Paragraph 3 of this Security Instrument to maintain hazard insurance coverage on the <br />Property is deemed satisfied to the extent that the required coverage is provided by the Owners <br />Association policy. Borrower shall give Lender prompt notice of any lapse in required hazard <br />insurance coverage and of any loss occurring from a hazard. In the event of a distribution of <br />hazard insurance proceeds in lieu of restoration or repair following a loss to the Property or to <br />common areas and facilities of the PUD, any proceeds payable to Borrower are hereby assigned <br />and shall be paid to Lender for application to the sums secured by this Security Instrument, with <br />any excess paid to the entity legally entitled thereto. <br />Loan Officer Company NMLS #: 1025894 <br />Loan Officer NMLS #: 2112782 <br />2008-2022 ReverseVislon, Inc. 4496,583 <br />Page 1 of 2 <br />Printed: 11/15/2022 <br />PUDRIderFirst / 0222 <br />