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<br />200600836 <br /> <br />CONDOMINIUM RIDER <br /> <br />THIS CONDOMINIUM RIDER is made this 24 t h day of J an u a r y, 2006 <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 Argent Mortgage Company. LLC <br /> <br />(the <br />"Lender") of the same date and covering the Property described in the Security Instrument and located at: <br />3114 W 14th St Unit 3. GRAND ISLAND. NE 68803 <br /> <br />[Property Address] <br />The Property includes a umt In, together with an undivided interest in the common elements of, a <br />condominium project known as: <br /> <br />RAVENOAKS CONDOMINIUMS <br />[Name of Condominium Project] <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 /> <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, hazards included within the term "extended coverage," and any other <br />hazards, including, but not limited to, earthquakes and t1oods, from which Lender requires insurance, <br /> <br />0084620491 <br /> <br />MUL TIST A TE CONDOMINIUM RIDER-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br /> <br />.-aR (0008) <br />$ <br />Page 1 of 3 Initials. <br />VMP MORTGAGE FORMS - (80 <br /> <br /> <br />01/24/2006 8:18:08 AM <br />