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2003004"73 <br />CONDOMINIUM RIDER <br />THIS CONDOMINIUM RIDER is made this 8th day of January 2003 , <br />and is incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust, or <br />Security Deed (the "Security Instrument") of the same date given by the undersigned (the "Borrower ") to <br />secure Borrower's Note to EQUITABLE FEDERAL SAVINGS BANK OF GRAND ISLAND <br />(the <br />"Lender") of the same date and covering the Property described in the Security Instrument and located at <br />1407 W CHARLES ST <br />GRAND ISLAND, NE 68801 -6412 <br />[Property Address] <br />The Property includes a unit in, together with an undivided interest in the common elements of, a <br />condominium project (mown as: <br />MIDDLETOWN CONDOMINIUMS <br />[Name of Condominium Projecs] <br />(the "Condominium Project "). If the owners association or other entity which acts for the Condominium <br />Project (the "Owners Association ") holds title to property for the benefit or use of its members or <br />shareholders, the Property also includes Borrower's interest in the Owners Association and the uses, <br />proceeds and benefits of Borrower's interest. <br />CONDOMINIUM COVENANTS. In addition to the covenants and agreements made in the Security <br />Instrument, Borrower and Lender further covenant and agree as follows: <br />A. Condominium Obligations. Borrower shall perform all of Borrower's obligations under the <br />Condominium Project's Constituent Documents. The "Constituent Documents" are the: (i) Declaration or <br />any other document which creates the Condominium Project; (ii) by -laws; (iii) code of regulations; and <br />(iv) other equivalent documents. Borrower shall promptly pay, when due, all dues and assessments <br />imposed pursuant to the Constituent Documents. <br />B. Property Insurance. So long as the Owners Association maintains, with a generally accepted <br />insurance carrier, a "master" or "blanket" policy on the Condominium Project which is satisfactory to <br />Lender and which provides insurance coverage in the amounts (including deductible levels), for the <br />periods, and against loss by fire, loosuds included within the term "extended coverage," and any other <br />hazards, including, but not limited to, earthquakes and floods, from which Lender requires insurance, <br />229322 <br />MULTISTATE CO N 0 0 MIN III M RIDER Single Family - Fannin Maeffredd in Mac UNIFORM INSTRUMENT <br />OR (0008) For 0 10 <br />Page 1 of 3 Init�yle <br />VMP MORTGAGE FORMS -(80 1 -729 <br />