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<br />   										COND(��INI�JM ItIDER
<br /> 						1653304   										CQNR-3i40-1
<br />       						THi9 CONDOMIPIIIUM RID�R f�m�de thie 23RD      d�y ofJUME    	.  1994  	,
<br />  						aad i�Inca�ratod into and sh�ll be dxmod ta arr►cnd aad supplement tbo Mortgagc�Deed of Cxust or Security '    �
<br /> -  	-------�    		pead {tho "Sacudty .Tn�uument") of tho eame dntta �iven by tQe uudersignod (the "13or�+ower�) m eecun 		°
<br />  						IIormwar's Note to    NQRIJB3T t�IORTQA(�E,  IHC.
<br /> --     		-   															(the"Leudcr')
<br /> - 	— 	—    		of tho asme date arid covering the Property described in the Sauriry Inatcument iu�d located at:
<br /> i+
<br /> 						1423 W STAtiHCOACH ftOAD,  aRAND  ISLAND,  NE   68801
<br />.L'"_    												�y 	7
<br />   												���^���7
<br /> -						'ltie Property includes a unit in,together wtth en undivided inurest in the coramon elementc af, a condominium
<br />  -						projoet known as:
<br />=-  	-  								Fairw�y Vill�s Gondaminium Property Regime II				.
<br />-     											Mua or cxaao�t��.�a.  							_
<br /> -						(ths"Condomin{um Pmjax"). If the owaers assaciation or other enaiy which acls for thc Cordomfnium Project  	;� :_.
<br />  						(the 'Owners Asseciadoa") holda title to property for tha beneSt or use of its membe�s or shnreholders, We  	.
<br />  						pcopertyr also iQCludes Bomower's interest in tlte Ownera Associatton and tha uses� Prooeeds and bcnefits of
<br />  						Hortawer's interest.       												,
<br />							CANDOMIIVIUM COVENANTS.  W additIon w the covenaats end agce�ments madc in the Suurity	�
<br />  						Instrument,Borrower aud Lender fluther covenaat and agree es follows:
<br />�							A. Condominium Obllgation9. Borrower shall perForm aU of Borrower's obligatfions unda the
<br />  						Candumiafum Project's Constituent Documents. '[he 'Constlwent Jecuments" at�e the: (j) Daclazation or any
<br />  						other doaur►ent which c�+eates the Coadominium Project; (fi) by-laws; (iii)�cade of regut�tions; aad(iv)oi�uer
<br /> ,   __    		_  .
<br />  						equivelent documents.Borrower shaU promptly pay.when due,all dues and assxasments impose3 pursuaat eo the      ;
<br />  						Consdtuent IZocuu�ents.  												,      , _
<br />							B. Ha�rd Insnrauae. So long as the Owners Association maintaiu$,with a generaily a¢cepted insurence
<br />  						cerrier. a'master"ar"blanket"pollcy on the C�ndorninium Project whtch is saHsfactory to Lender end whicb
<br />   						provides insurru►x coverege in the amounu� for the perIods.and against the heaar�ds Leader roquires, Including
<br />   						fir�e and 6ar�tdn included wIthIn the tecm°cxcended covemge."tliea:      						.     _
<br />-    							(i)   I.cuder waives the provision ta Uaifarm Covenaut 2 for tbe monthly payment to Leatder of 	�    -
<br />- 						one-twelRh of tho yearly premium installments for har.a:d iasurance on the Property;and       				-
<br />			I
<br />     							(ii)  Bomc►wer's obligation under Uaifom�Coveaant S to maintain tiarard insurance coveragc.on•tho
<br /> _ 						Pnnpe�ty �S deea�ed satisfial to the extent that the c�equired ooverage ia providod by the Ownera Associatton       	_-
<br />`-t						PolicY•  															_:=.
<br />							Hormwer shell gIve I.ender prnmpt rtotIce of any lapse ia required hazard insurance wvetage.      			�II;�_
<br />			. .�,    			Ia the event af a dlsuibutlon of hazand insurance proceeds in lieu of restoratiaa or repair foltowing a loss w       	�,z:
<br />   						the Pmperty,whether to the uait or to common etements,any pmceeds payable w Borrower arc hereby afsigne�!       	�"..-�-
<br /> 		y��' •.     																			�r�.
<br />   			f.      		and shell be paid W Lender for applic�tion to the sums socured by the Securlty Insttument,wlth aay eacess paid w  		,_
<br /> 	.; '      				Borrower.       														`-.�
<br />    																						k�---
<br />  		` .;�x°,�-;.   			C. Publk Liability Iasurance. Borrower shail teke such acdoas as may be reasonabte_to insuc+e that We       	- ---
<br />  		'�r'"y '�  .     		Ownera Association maintaina a publlc Itability insu:ance policy acceptable in form. amount. and eacteat of
<br />   ��    	��:,.    ,...1�•.       																		�'�'�_
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<br />  �    	� 	.;:"=',     		coverage to l.ender.       													�;�:;,
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<br />    		��I.+'�{���'      		OAULTIS3AiE CONDOMIf1l1UM RIDER-8ingte FamilyFannt�M�o/Froddls Mec UNIfORM INSTRUMENT      Fom+3140 8f80       	' "
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