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<br /> *� �=�' ` 3QS�t023 . � � COnR-394�-t . _
<br /> ''�'".`� • � 'FHIS CONDOMINtUE+�RIDER is made this �30TH r day of d ANUAI�Y , t 9g8 . ,r
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<br /> '_-:��.r aad is incorpora�ed inio and sball be dez.'med co as�d sad sttpgiement the 1Vi�rtgage.Deed of Tnut or Sec�uity
<br /> =;��""`�"� � � Beed (the "SecuntY In�u�ns") of tJ�e sa�e �.g►ven Dy tne uadeisigaed tthe °Boma�r�") to secare ,
<br />'`1:�=;`:�:�<<� �� Bare+awer'sNotetn ' 1�ORNEST ttORTGAGE. YNC. . . .
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<br /> '�`' _: �[lb@�.1II ttlL'$OWJIt�t�OS�I��TOS�� �
<br />-- of tIre same date an�covering tIle PropertY .
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<br /> ```^.'�'�::. .'; ktt SOI3TEi; MADISON ST, GRAND ISLAL�D, NE 68801 � � .
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<br /> r; - -=�.:� . . � [Fcapeay addressl � ..
<br />_`" _ �-, T�e pcoperty includes.a anit in,togethes a+itls aa andivided int�rest in t6e oommon e�ements of,a condamiaiuiu -
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<br /> ��, . y��:� �:- ---�----- ---projectt�ownas:---�--------�--1'iI�DDL-ET01dt+3 �CONBO�-=---�------�--._....--- -.._..:......... .. .
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<br /> [Name of Co�e.,.�,a.+;,m Prolectt
<br /> , ` (t5e"Coadomiaimn Pcoject°)• If th�ow9eis associatioa or other efltity which ac�s for the Condominiu�Praject
<br /> -� -'_;.�` ;' �(t�e °E)vvne�s Associatioa")�tolds tide tv prageny for tDe beaefit or use of its membezs or sharettotdeis. the �.�_—
<br /> . ' . pmperty also i�Iudes Borco�rer's interest iu the Owneis A►ssociation aad the uses, Pzvc�ds aad b�efi�o� :
<br /> . _•��,:,.�'. � Buirawea s ini�sest. . . —
<br /> . �'� � C(1NDO1�+�IIiJM�VENE�S. In additioa�to tfle coveoants and aprzera�ts made�ia tQe Serurity - —
<br /> � '�'•� lastcument,Bortower and I.eader furtIIec coveuant and agree as follows: �
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<br /> . .. A. Condaminiflm�Obiigatioas. Boraower shall� perfor9n s�ll of Borrower's obligatioas aa�r the -
<br /> . ' Coadomini� Project's Constituent Llc►cumea[s. The "Consdtuent Documents° arc the: (i)D�laeatioa or aay
<br />- .,.� •; c�rher documeat�����udominium pmject; (u)by-laws; (ui)code of regulations:aud(iv)otaer •
<br /> c�the -
<br />'�=``� � ' _ . eqnivalent do�ments.Borrower shall promptly pay,when dae.all dues aas!assessments imposed pursuaa�to tbe
<br /> 'd
<br /> - Coastimeat Daa�ments.
<br /> . maintain�WIIIl 3 t�1�
<br /> ' � B.Hazai'd�arance. So long as tfle Owners Associatioa generally acxep �
<br /> . . .� . csrrier,a°mastes"or 'Dtanket"Poli�+oa the Condominium Pco3ect whicD is satisfactorY to l.ender and w�ich _;:.:,... ,
<br /> � . . Me ha7ards Lender requires,including ,::,.,�
<br /> . • � pmvides insur�ce covera$e ia tAe amouau. for the periods,and against . _
<br /> ". fue riad hazards iusluded wittia the teim"extended coverage:then: . ;.�""'• ���..
<br /> . .. . ia .. .
<br /> -:��....� ��� [„ender waives tAe pcovisioa in Unifotm Covenant 2 for-We cnonthly paymeni to Lender of � ��-=
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<br /> � ` �� � one�twelft}t of the yeazly premiam instaltme�s for hazsrd insurause on the Property;and �,<
<br /> �_''��.' (u) Borrower's obligatioa under Uniforni Covenaat S to maintain harard insmanoe coverage on tae �,�
<br /> ---�;�`� is deemed satisfied to tae extent tbat the cequired coverage is pmvided Iry tt�Owaeis Associanan ����-
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<br />' • _,�.,. � Bormwer sdalt give Len�der prompt aotice of a�r lapse in requiced ha7ard imvranoe caverage_ . �x��}-
<br /> � • ' - In ti�e event of a distribuuon�of ha7aad insurazcce ptoeeeds ia lieu of restoration or repair folloaring a toss w ��. . :� . �:
<br /> ' '_;I' the praperty,whether to the unit or m common�.:..�-�enis.oay proceeds PaYaD2e to Bocmwer ate hereby assigned . ' �. ..
<br /> .... • -a,'''`. .
<br />:;._::� � ..�: • and sf�a11 be paid to Lender for applica�iary�n 2he su�s secured by the Secvsity Iasuument,aritD any e�ess Qaid w ;.`_
<br /> ,,,R�:.::.:.�`,.:: Borrowes. ;,. . .
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<br />=`�`,-.:�.� �- G Pt�Dlic LSabitity t�mur�aoe. Bnrmcver s�a ll ta Y e s u c h acdons as ma y b e r�s o n a b 2 e t o i n s u r e t L a t t h e . . .
<br /> .``�r,�' ' Owraecs Association maiatains a Qubtis l;ability insivance Fo�Y �Ptable in foim, at�unt. and extent of .
<br />- - - .-.--�� � oaverage to Lenc[er. .
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<br /> -_�{ �.'�' . INtATLSTAIE CONDO�YIJAR RIDER Sirtgie Femity-fanni�01�lFn�is Il�c UNIWA�IHSTRUINENT Fam 31G0 9190 .
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