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.~ <br />i ,... <br />CONDOMINIUM RIDER <br />1. The Borrower shall promptly deliver to lender, and <br />in the case of a Deed of Trust; both to Lender and trustee, <br />a true and correct copy of each and every notice of default <br />received by Borrower with respect to any obligation of *,.he <br />Borrower under the provisions of the Condominium Property Act <br />of the State of Nebraska t"Condominium Property Act"), the <br />master deed creating the condominium property regime of <br />which the above Property is a part t"Master Deed"), the rules <br />and regulations t"Rules and Regulations") and the bylaws <br />('Bylaws") adapted by the asseciativn. <br />2. The Borrower shall not, except with the prior written <br />consent of the Lendrar: <br />a. institute any action or proceeding for <br />partition of the property of which the Property is <br />a part; <br />;;, vets for c}r r_nnse_nt to any modification of, <br />amendment to or relaxation in the enforcement of any <br />provision of the Master Deed. Rules and Regulations <br />or Sy laws: and <br />... in the event of damage to ~~r destruction of <br />the praptatty nx whicYa the Property ry a part, vote in <br />oppasit~on to a motion tv repair, restore or rebuild. <br />:). %ai ~~~ii ca_,d `every ^3?.~'~ _,. ~'};?:'p!, ~`-?ndar YY1e prav151ariS <br />of the Master ~7eed. Rules and Fegulations, E3yiaws yr Condvmiraium <br />t`#riperty As~%, ti3s i;Xi.~si is su::~ COn~~i:t l:r the :~nazt i*_!1~?i~b ~tQt~ O~ <br />8.1<~ u~-.m_n-c nE .,~._.i t~ i ~ _ _~- Wired. Ji ~hS~ i`iuI~€ir of :sO~;~s rGs~a~ i rCd <br />i_s i_n_H~_x~-ess of a simtzle~znaiority, the ,:svrrvwer shall net so <br />vote or Give such cc3n~ent without, in each and every case, the: <br />pzioz written consent of the Lander. <br />d. Zt snail constitute a default undez this Mortgage car <br />Deed. of Trust entitling the Lender, at its option, to accelerate <br />the entire unpaid balance of the indebtedness secured hezeby if <br />the board of directvzs oz other governing body of the associa- <br />tion fails or refuses to maintain in full force and effect a <br />licy or policies of fire insurance=- with extended coverage, <br />vandalism and malicious mischief endorsements, for the full <br />insurable reglacnt value of the common elements, and_haviny <br />firm or ccxntinclent ar cc~nditianai endorsements covering the <br />rr~placement value of the units to provide for restoration <br />thereof tv tc:na;ntable condition in the event of damays. Such <br />pu,iey yr policies shall iae written in the YsaS[~ ai, a;ad tf+e <br />premeds th~:retaf si-,all be payaial«: ta, the beard of direelors <br />gar Qthet gr~v~srnistg body, far the t~nsfit of each of the unit. <br />crwzeers in the perntacles established iri the Master Deed and <br />tit the reepeetzve seortga~c~ees, trustees or beneficiaries Uf <br />the unit onins~rs as their iriterasts €aay appear. Such policy <br />car policies shall provide far separate protection for each <br />unit and its attached, built-zn or installed fiactures and <br />