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200208474 CONDOMINIUM RIDER Loan No: 1735183 THIS CONDOMINIUM RIDER is made this 29th day of July 2002 , and is incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust err Security Deed (the "Sccmity Insularism ") of the same date given by the undersigned (the `Borrower') to secure Borrower's Note to Indylkac Bank, F. S. B. , a federally chartered savings battle (the "Lender") of the same date and covering the Property described in the Secmily Inshmnent and located at: 419 Stagecoach Rd, Grand Island, NE 68801 (Property Address) The Property includes a unit in, together with an undivided interest in the common elements of, a condominium project known as: Fairway Estates (Nouns oJCondominium Pr jeeeJ (the `Conduurinium Project") If the owners association or other entity which acts for the Condominium Project (the "Owners Association ") holds title to property for the benefit or use of its members err shareholders, the Property also includes Borrower's interest in the Owners Association and the uses, proceeds and benefits of Borower's interest. CONDOMINIUM COVENANTS. In addition to the covenants and agreements made in the Security lnsbuuent, Borrower and Lender further covenant and agree as follows: A. Condominium Obligations. Borower shall perform all of Borrower's obligations under the Condominium Projeet's Constituent Documents. The "Constituent Docuuents" me the (i) Declaration or any other document which Creates the Condominium Project; (ii) by -laws; (iii) code or regulations; and (iv) other equivalent documents_ Borrower shall promptly pay, when due, all dues and assessments imposed pursuant to the Constimcnt Documents_ B. Property Insurance. So long as the Owners Association maintains, with a generally accepted insurance carrier, a "roaster' or "blanker' policy on the Condominium Project which is satisfactory to Lendei and which provides insurance coverage in the amounts (including deductible levels), for the periods, and against loss by fire, hazards included within the term "extended coverage," and any other hazards, including, but not limited to, earthquakes and floods, from which Leader requires insurance, thmr: (i) Lender waives the provision in Section 3 for the monthly payment to Lender of the yearly premium instalhncuts for property insurance ern the butials: Mulrierare Condominium Rider —Sin,k Pemlly — FFannle. MadFcnddk Mac UNIFORM LSTRI IMEW Yuru, 314001/01 THE COMPLI (,U SOURCE. INC. P.P,e 1 or3 ....... www cm,plinnmmwa com I.- ------- Y_, OEWO, TM1efmmplleme 5wia.lna.