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<br /> �os�as� �'��D U�TIT DEVELOPMENT RIDER pUDR�����o-�
<br /> � THI$ PLANNBD UNIT D6V6WPMHNT RID6R b m�to this 1$T d�y oP APR I L �
<br /> 1993 �aud i�inoarpamted into a�ad�I►dl No docmed ta�end and wppkn�ent tbo Mon�e. Deed ai'
<br /> � - -._-.r- ------, , Tnut ar Sewriry Deed (t4o •'Socurity In�umaq") af Ihe s�mc d�te, iva� by dio uod�sl�aod ltho °' . .
<br /> _- ..B�r..�a sxuro �rrowcry Nao w NORWBST MORTOAaB, �NC. _--_
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<br /> --- phe••l.endo�••)
<br /> of tha �me d�te�nd oovaria�tpe Pooperty dacrihod ia tbe Socudry Inctnmem aad loatod �t:
<br /> 2312 ARROYHEAD ROAD. GRANQ ISLAND. NE 69e01 W._
<br /> =r IPmpS�Y Addrasl —
<br />--..� � 'i'M��opnty iacludes.hw i�aot limitad tu,a parocl of land improval wllh o dwellin� togdher wiW other such
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<br />;��- p�oe�s,,,nd oaa,nu comnwa arcas aod f�ili�les,a�aesc�tbed in Oecl aration of venants recorded in ---
<br /> -�` - - - Bk 24.Page 34�,!la11 C�EY �ister �f t�eds Office. Hnll Co.. Nebraska „��•pa��;,,�••�. _--�
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<br /> ; . � �p�opeKy is a pan of a pl�anod unit develcpn�at Irnown as Ri verside Property Owner's ��"
<br /> �"�� Assaiation
<br /> (N�me of Ptanned Unit[k�•elnpmrnq �
<br /> + (the ••PUU"1. 7'Ik Pra�CttY riso iaclud�s Borrowcr's interest in the hc�ncowncrs associwion �x equivaleot K�� _
<br /> %:'�•• entity owrnir�or muwging the rnmmon ac�ws and fxilitia of tbc PUD(thc"Owners Ascociai�o"1 aad Ihe uses, -�-
<br /> .,%. �� ''' � denetita and prncaeds of Borrower's interest. —
<br />' �IJD C(1VENAh"1'S. In addition to �he corcn�nts and a�rcements made in Ihe Socudly Inatrument,
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<br /> Borrower and Lender funher mvenant and agrce us faRows: --
<br />.�T����� ' A. plJp pbligation. Barrower shall perf'arm All of Barrower s obligations under�hc PUD's Consti�ueot E:_�
<br /> _ ��;. Documents.Th.�"Constituent Documen�.c"�uc the: li1�aclaration:liil ankles oi inourporatiun.wst inurument R�
<br /> - �'vi: or any equivakM d�acumenl whkh creutes Ihe Owners Assaciatioo: wd liii) any by-lows or other mles or ��
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<br />--z'` i;,�i �rgul�lions af thc Uwnen Aswociation. Barrower shaii P��iY P�Y,wlien dac,aii duen w�d acsesunents imposed =�_
<br /> ,.+ ';��•?:;. , purs�wnt ta the Constituent IU.rcuments. �"
<br /> :;:.� • k.•i• B. ilw�rd Insurnnce. So lang as the Owners Aswci�tion m�intains. with a genet�nlly accepted insu�ti
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<br /> .;�;, cu�fier,a"master"or"blanl�et" policy in,uring the PmpNrty whirh e�:wtisfoctury ta I.encler and which provid��s _,_,-
<br /> �`"� �``� "�*; inau�tce coti�eragc in the amuunts.for th�pc�iads.�d agsanu the iwwards Lender reyuires, including fire and �
<br /> t� t�,;m-cT.`�'*'� haaau+ds included within the term "eatended rnvemge."[hcn: ��
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<br /> ;^" • �w ` (1) L.cnder wuivcs the pravision in Uniti�rm Cavenant 2 for �he monthly paymeM to l.ender nf --
<br /> -+;�; � � � ''-Y-', , one-twelfth aF the y�early premium instalhi�cnts for hazard insurance an the Pmperty:and
<br /> �",'i�,�'�y:, `'�" . (ii1 8ornnwer's obligutian under Unifarm Covenant S u.i maintuin hu��rd inwramx �Yiverrgeon �,"-`
<br />:�� :;�.�3 .,,�.;.: : .� a� ,�� thc Prapeny is dcemcd setixfiaJ ta thc cxtent tlwt the requinxl covcmgc ix provided by the Owners Aasociation
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<br />:;�.. �•..p Bonawer shall give Lender prompt ndice of ao� lapse in nx�uim.�l hwu�d inwrance covemge pmvlded by 4
<br /> ;� f , �j.: thc mauer nr blankct pah:�. �`'�`
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<br /> �;'i.. ��.•.. ' �' '�. )n thc ever+t of a distribwi�in ol'humrd insurunce pa�cccds in lieu of restumtion or repair fi�llowing u loss to '�',;'?`,
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<br /> •/��' , .Y>? �'-:.: � tha Pm{xray, ,�r to comtn�m arcus und ituilitic� of Ihc PUD. an} �+rcxc�is puyablc to &��rox•�r urc hcreby ,,,
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<br />,'.y:i'.�"• '' :•• .• , s�ssigaed and shull bc paid to L.cndcr. L.cnder �;hull apph the pr�x�ed� tn thc .um, sc�rnred by �he &�cu�ity -
<br /> `;� � . '. Inslrument. with uny cxccss paid to Biim�w•cr. ��•
<br />"-=:�'�:' ,'' �,�,;x: .�, C. Public Liability Insurance. &irniwcr.rhu�1 t.i;.�� �uch ucti�,n.a. ma�� bc r�asunubk to i�,ure that nc� ��.;'
<br /> `•;'��;': . �,. �; :�_ �, Owncrs Assaciation muintuins u puhlic liabil9��� iasurutkr �x�lic� �c�ptablc in ti�rn�, amnunt, and cxtcnt of j�,��,.
<br />_ ' :8{ t',: •,; - �roveruge to l.ender. °."`
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