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<br /> 93•' uoo�49
<br /> J — ' CONDOMINIUM RIDER °0�0°aa'� "
<br /> � THtS CONDOMINIUM RIDEIt ir ttvde thi� 19TH dry of NOVEM6ER 1993
<br /> - wnd lc incorpor:acd lato and slull t,t dcemeci to amend and supplcment the Mort�a�e, Dad of Tcust or Secu�ity
<br /> Deed (the "Security Instrument") af the sune dite given by the undecsi�ned (che wn-r�W�w� � ��
<br /> DV
<br /> Borrowcr'sNoteto Th� Equitabit 8uilditlp nd L,o�r► Atso�iatia't of tir�lnd Is1�1t1d,
<br /> N�bra�ka, A F��a1 Savinps Barik
<br /> (the"Leoder")
<br /> o�the s�tne date and cavecin�the Propeny describcd jn th�Security Inatru►tknt and located K:
<br /> 2833 BRE�tTW000 BLVD
<br /> aRAND ISLAND, N68RA6KA 48801-7201
<br /> (Pmperry'Addnessl
<br /> The Proputy includec a uait in, to�ether witb an undividod intercst in the comrnon dements of, a condominium
<br /> - ----- — project Icnown as:
<br /> -i'•�Y�'?:;�f? --- �NomcotCondominiumPrajectl
<br /> � :,;�.
<br /> ' _�i�-iA�S�.
<br /> � } (the"Condominium!'rojcet'). If the owners associatIon or other entfty which acts for the Candonunium Project
<br /> :,'_{��;: (the "Owners Association") holds title ro property for the benefit or use of its mem6ers or shareholders. the
<br /> ri. #;i Prnperty also inctudes Borrower's inturest in the Owners Associ�tian and the usea. prabeds and benefiw of
<br /> :�'''" Borrower's interest.
<br /> _ ����, CONDONIINIUM COVENAIVTS. In addition to the covenants and agrecments made in the Security
<br /> - F,?`% Inswment,Borrower and Lender further covenant end agc+ee as follows:
<br /> � A. Condominium ObiigAtions. Borrower shall perfarm all of 8orrower's obligations under the
<br /> "';:�;�.t�; Condominium Project's Constituent Documents. The "Constituent Documents" are the: (i) Declaration or any
<br /> '�;;�,�q, other document which creates the Cnndominium Project; (ii) by-laws; (iii)code of reguiotions; and (iv)other
<br /> -- .:�;<::.�
<br />- -- — ----.;;r r.auiv�lsot documcnts. Aorro�eer sts�!!promptl��psy.e�fien dae.a!!duts 8ns!8ssessments im�x.�ee�i�►urFUant to the
<br /> ' i�;is,�� Comtituent Documents.
<br /> �"�" B.}iazard Insurnnce. So long as the Owners Asscuiation maintains, wlth A generally accepted insuranoc
<br /> �.. ` , .1 " �'�'-. carrfer. a 'mast�r" ar "blanket" policy on the Condominium Project which is satisfactory to Lender and which
<br /> :. �v .� �
<br />_ ��'''� provides insurance coverage in the amounts. for the periods, and against the hazards Lender requires, including
<br /> .�`��� :- ���' ftre and hazards included within the ter►n"extended coverage,"then:
<br /> �. � �.,.; .:, � �. (i) I.ender waives the pmvision in Uniform Covenant 2 for the manthly payment to l.ender of the
<br /> J ��� yearly premium installments for hazard insuranee on the Property;and
<br /> � `."K•sc_.;rA�:_v.
<br /> _ -�= .��,,o j = �, � (ii) Borcower's obligatian under Urtiform Covenant 5 to maintain hazard insurance coverage on the
<br /> _ � � Property is deemed satisfied to the extent that thc required coverage is provided by the Owners Association
<br /> r .r :;_e,,, . . " ,,
<br /> '� �;.',., , policy.
<br />_ � �. :azf,.Y Borrower shall give Lender prompt notice af any lapse in required hazard insurance covcrage.
<br /> '�f;�i:;.'.. "" .;.
<br /> ; '�''�-"��!�'•F�;.�� �'• ' In the event of a distribution of hazard insurance procceds in licu of restorationor repair following a loas to
<br /> ''` �"'�`�:! • the Pruperty, whether to thr unit or to comrn�n elements, any prcxecds payuble to 9onower are hereby assigned
<br /> I ,' i�c/.(1,�.',SYw•��� jA
<br /> x'1•,��v��.••�;���' and shall be paid to Lender for application to the sums secured by the Security lnstrument, with any excess paid to
<br /> ,••. • „<1::�r;
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<br /> . r,s,, ;'. ,fl1F�:�,ir; . BortOwCr.
<br /> o::i '.r�nl�r'1�'".w-'-• C. Public Lis�bility Insut7►nce. Borrower shull take such actions aa may 6e reasonable ro insure that the
<br /> `.�n.'�>.: �i�1!•.:��d '.
<br /> �-Y� ,,��...,,;.j,,..; Owners Association maintains u public Itability invurance policy acceptable in fami, anwunt, and extent of
<br /> � �'''�� ' -,•`r j;�%?�,'t4 coverage to Lender.
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<br /> �y :1:i'trf�`�`. MUITISTATE CONDOM7IYlU�11 RIDER•Sinp�e Famfly-F�mw Mw/Fnddi�Wc UNIFORM INSTRUMENT Form 314Q 8/80 �
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<br /> -�_��� S'w ��.�. �•8�9�081 VMPMOHT6AOEiOPM6���13�293�8'00 �8001621�7291
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