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<br /> - C�NDOMI]NNM RIDER 00�0°¢0s70 r �
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<br /> THIS CONDOMINI[)M RIDPR is m�de thle ��TH d�y of gEPTEM�ER � 1893 •
<br /> ad is inoorpo�ated iato and th�ll bc deend�o a�d�d wp�ement the Murt�o. D�d of Tnwt or Sectuity
<br /> Deed (tho "Sxurity Icutrument") of the wne d�te �iven by �he undarnlat�ad (the "Bat�uwa") w �ea��
<br /> Bormwer'�Natow � �yit�bl• Buildi�lp ar�d �+oen Assoc111t1or1 of (�lr�nd Island.
<br /> N�braska. A F�nl Savinps B�nk
<br /> (the"t.endir'1
<br /> of d�e s�ma d�te�rd covorin�tho Properry d�cri6ed in the Socudty Inctrumcnt ond locatad a:
<br /> 6�3 N OUSTER AVE. $UITE 8
<br /> ORAND IelANO� NEBRASKA 68805-4308
<br /> (PropenY wddtnsc)
<br /> The Prupe�ty includes a unit in,toaetder wlth aa uMividad lntm�t in the ca�avmcwi el�tr of.a aoa�um
<br /> M'oject Imawa ac
<br /> �Name ot Condort�n Projectl
<br /> (the'Co�dominium Project"). If thc ownars associatIon or otber entity which ncts for Ihe CondoiNnium Rroject
<br /> (the "Owners Association')holds t�de to property for thc benefit or usc of ite mambers or shanholdars. the
<br /> "~• Property alw includes Horrower'c intena�t in We OwnarB Aswaiation and tho uses, prooeeds and bcaeSm of
<br /> ��.... Botrower's interest.
<br /> '�'�� CONDO1VmVILIM COVENANTS. In Addltlon to U�e a►vetwnnts sad aa�acnaetue modo in the Security
<br /> �' � Incwment.Borrower aad[.ender further covenAnt and agree as followa:
<br /> •. �. . A. Ca4donti�iuw ObltQadot�. Borrower shall perform all of Bo�wwer's obligations under the
<br /> Condominium Project's Constituent Documenta. The "Carctituent DoeumemR" �e tbe: (i)Declaration or any
<br /> othar document wl�ich crca�es the Condominium Pmject: (li) by-laws; (ifi)cnde oF i+a�ulallons; and (iv)wLer
<br /> oquivaiaM documem�. Surruwer aiu�ii p��qiiiy F►AY.when duo.s!1 duuc�sd�rsts f�pnsstssac to!he
<br /> � Conqiwent Dacuments.
<br /> :; r:. �,.. B.Has�M Inwrance. So long as tha Ownars Assaciation maintuins.with a generally acceptad insu�a�xx
<br /> ";;..�,`.'� :, �:�Fy:��,,;.. carrier. a "mnster" or "blanket"polioy an tha Condominium�Projecc which is satisfactory to Lender and which
<br /> F �'�.��`:���:`�:,a' providas insurance coverage in�he amountR. far the periods. and ageinst the huards l..ender roquires. including
<br /> ,��. ,�i�...;,;,•.,H., fi�eand ha�Mc includad wlihin tha tenn'eat�nded coverege."1hBn:
<br /> e
<br /> ` (i) Lendor wai�es the provision in Uniform•Co��cnxnt 2 fo�the roonthly payment to I.ender of the
<br /> � ,. ;
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<br /> � ��' ,�, `��+�„ yc�dy premium installmente for hazand inwrrmee an tha Property:�nd
<br /> �t(:,�:.. -�•..°; `
<br /> �, Y,,,:{,.:.,�.;:.,t,S (ii) Borrowor's obligation undar Unifortn Covensmt S to rtwintain hazard insurar�ce rnverage on the
<br /> ��,�:;�i�u:w.�;. Property is deemad satieBod to the extwnt thet tha requirod cv�erage is provided by �ha Ownets Assaciation
<br /> .;�: 1 i,.:.. . ,�:. ;� poliay.
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<br /> � �� �,�{:,.�y�:• . . _,. Barrowar sliell give Lender prompt notice af any lapse in�required ha�d insurance coverage.
<br /> �F�•����� '�''y'� •° �� In tha event oF a di�tribution of haxard insumnce proceeds in lieu of restoration or rcpair following a loss to
<br /> . '��• - _
<br /> �"� ' ` the Property,whether to the unit or to common eiements, any proceeds payuble tu Borrower are hereby ussignad '
<br /> °`•�.+.,,. .:�,` .��"u;;`,'.�''�;�
<br /> ' �}�' - � d•:}::, and ctudl be paid to L.ender for appliortiun to the sums secured by�the Security Instrument,with any excess paid to
<br /> 1: , �r �:,
<br /> r;:s�:; '� ,7.+ ,' � �,`:;
<br /> �;r,e' <,. ..,�;:�,r Borrow•cr.
<br /> • -��'�'`�': - C. PubltC LiabUtty Insuronae� &�rcower shaU take.uch s�aiuns us may be «musonal�le ta insure that the
<br /> ? � �' � � � ' Owners Associatfon maintains a public liubility insurance policy acreptable in form, amount, and extenc of
<br /> �``: , covorage to Lxnder.
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<br /> �'` , 11:;e+',� .' .� MULTISTATE CdNO0MM11UM RIDHR•Slnplo FomflyFannN INN/fraddb M�o UNIFORM INSTRUMENT Fam 3140 8/80
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<br /> Q,; t, . � � �-8191081 VMP MORT6AOE FORMS 13131793�8100 �800�621)291
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