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<br /> — �01���+C)IVdII�IUM RII)ER QD200�7.ri87 _
<br /> TH1S CQNDDMIi�IUM1 R1DER is mndc this �gT day of MARCN � 1998 �
<br /> uncl is incorparntcJ int�ctnd slG�ll bc decmcd ta nmcnd unci supplement the lV�ortgugc, qced af Teust or Securiry
<br /> Docd (tt►c "Security Instmrne�t") of the sumc dutc given by ihe undcrsigned (ths "Harroa•c�") to sccure
<br /> Borrawer's(�(otero Th� Eq�iit�ble 8uilding and Loen Assoeie�tian o} (�rend Is1end�
<br /> N4►brdsk�, A Fedoral SR�►ings Benk
<br /> (thc"I.cndcr")
<br /> of the a;tmx dace a;id coverin��th�Praperty dcscribed in dn:Securiry Instrument and locntcd ut:
<br /> 2803 LAKEWOAO CIR
<br /> C3RAND ISLANO� NEBRASKA 88a0a
<br /> (Ptoptrty Address)
<br /> Tiis F►o�ct� ii�ciudes a unit in,together�vith an undivided inter�t in tha common clemcnts af,a candominium
<br /> pin}ect known as:
<br /> [Nnmc of Condominium ProJcct]
<br /> (the "C,�n;larrai�ium Project"1. If the o�vners association or other ent�ty which acis for the Condominium Project
<br /> tthc "O�vne�•� �lsspcintian") holds tltle. to property For the bencfit or use of its members or shareholders, the
<br /> Fraperry also includes �or.ro�ver's interest in the Owners Association and the uses, procceds nncl benefits of
<br /> �?orrower's interest.
<br /> CONDOMIMUM C�Da'ENANTS. In addition to the covenunts and agreements made in the Security
<br /> Instcument,Borrower and Lender fuither covenant su►d agree;as follows:
<br /> A. Condominium Obligwtion�. Borrower shall perform �ll of Borrower's obligutions under the
<br /> Car.�amir.fum °mj�.t'a �c:�s°:ser,:iTwumenss. T!:e "^ans:i:�er.t Dec�:me..nl�" srs t!:e: {9) L��^!�_.t4�� ^*a°
<br /> oTher document which creates the Condominium Project; (ii) by-laws; (iii) ccxle of regulatlons; and (iv) other
<br />• ec�uivalent da:uments. B�r.�o svcr shnll promptly pay. tivhen dne, all dues and asscssmenta imposod pursuant to thc
<br /> �onstituent Documents.
<br /> A.Hazard Insurance. So long as the Owners Association maintalns. with a generally nccepted insurance
<br /> c�srier, a "master" or "blan�cet'policy on the Condominium ProjecY which is satisfactory to I.endor nnd which
<br /> provides insuranGe c�vera�� inthe nmounts, for the periods, and agalnst the hazards Lender requires, including •
<br /> fire and htizards includal wit�in the term"eatendod coverage,"then:
<br /> (i) Lcnder waives the provision iri Uniform Coven�nt 2 for the monthly payment to Lender uf the
<br /> yearly premium irstallnsents for he�ard insurance on the Property;und
<br /> (it) Borrower's obligation under Unifonn Covenant 5 to mninutin hatard insurance coversge on tho
<br /> • Pmpetty is deemed satisfied io tlie extent that the re9uimd coveruge is provided by the Owners Association.
<br /> P.oticy.
<br /> .BOTCOWCT 9�1�1 glVO Y.CilaC�j)lOICIjIt IlOtICC Of a771}I�apSC�tl fC(�ttiYC�h��nril in,c�,��ra.nrw._v_.varotrP
<br /> '•'v-.
<br /> Tn tha event of u distributlor� of h�r�l insurance ptoceeds in lieu of rtstornuon or repau foilowin�a loss to
<br /> the Pro�,rty.whcthar to tfte unit qr to eommon clements.uny proxecls pnyablo to Borrower are+hereby r.ssignocl
<br /> �nd shall be paid t�Lender fdrapplicallon to the sums aecured by d�e Security Instrument,with any exctiss puid to
<br /> �unnwer. . •
<br /> C. PuWk L(abfllty Insurance. Bonower shall tKke such actlans as may tw reusonable to insure that the
<br /> Ownrrs AssErSation maintains n public lisbility insarance policy ecceptable in form, amaunt, a��d extent of
<br /> . covenge tc�n�der.
<br /> MULTISTA'fE CONDOMIHIUM RIDER-Singte FamltyFannA MeNFredAl�M�o UNIFORM INSTRUMENT fo►m 9'i�tQ 9100
<br /> ; �•�13708) VMP MOtiTOAGE FORMS•13131t03�H100•18001621-7281
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