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<br />�� ��� a�aa3�� ��•����FD �iJI�� I�F��LO�MFI�IT� �E�.PUDR-3150-� �:=:
<br /> , -r� P�.�v�v�n urrrr n�v�r..c�?M�rrr Rm�����P�n�� �5'�H day of AP�t� , �-=`-.
<br /> �; 1996 ,und is incorpatated into an�shall be deemed to amend and supplement the Mortgage. Deed of �.
<br /> — Trust ar Sa:urity Qeed (the "�rity Iastniment.,) ef the samx date. given by tlie und�rsi�ted (the �_=
<br /> ••Borrower")to secure Borrower's Nate to NORHEST MORTGAGE, INC. --
<br /> ��
<br /> �:
<br /> ' (t6e"I.ender") --_-
<br /> ' of the same d'ate and covering the Propecry described in the Security Insaument and tocated at: � �
<br /> , � #13 1iIA COMO, GRAND ISLAl�D, NE 68803 ��
<br /> ,t
<br /> •, tr�r aca�I
<br /> F;�.,.� The Froperry inciudes,bt�t is not limited to,a parce!of ta�improved with a dwelling,tagether with other sach �—
<br /> • garee�s��d cettain common areas and f¢cilities,as d�criTa¢�in �•
<br /> C��1TIFiEY_x�rAT. GARD�lIS HOM�OWNERS ASSOCIA'i'�ON (the ••Declaretion"). '�
<br /> .. The Property is a part of a plaaned unit development�mown as _ _
<br /> ' C0I3TINENTAL GARIIEN$ �rd-��
<br /> ` [Name of Planned Uc3 Devetopmentj �'f`
<br /> . (t[tee "PUD"). The Property also includes Borrower's i�.*.�est in the homeowners assaciation or equivalent
<br /> t
<br /> eatityrowning ez managing tlie common areas and facilities of the PUD(the••Owngrs Associatioa")and the uses, �:.
<br /> .`�, , . .�benefiu and pr�ceeds of Borrower's interest. �
<br /> PUD COV�NANTS. In addition to the covenants and agreecrients made in the SeauEt� �stnrmP^t, �.�
<br /> Eo�wer and Lender further covenaat and agree as follows: ��i�:
<br /> ;'�,. :4.P�JD Oblfgattoic.. Borrower shall gerform all of Hnrrower's obligations und,er the PUD's Constituent ' �
<br /> �±:
<br /> . �c�rtrs.ine"�onsiiiaeni I'iocumenis"aze tite:�ij�:..�srauon;(ii}articles oi incQrposauon.a�'snsuume�
<br /> or any equivalant docurueat which creates the Owners Asociation: ans! (iri) an} try-laws or a'3� rules or� ��
<br /> � �cegulations of the Owners Association.Borrower shall prompily pay,��,�d�:e,a��a�and assessments imposed =
<br /> ; purs�iant to the Constituent Documents.
<br /> ��• �� 8.Yi�zard Insaeane2. Sfl long s�.s the Owners Assacnation maintains, with a genrrally accepted insurauce �-.�
<br /> a�1'� f cartier,a"master"oa"blank�"policy insuring t}te Prap2.�ty whicd is satisfactory to'i�eader and which gmvides .
<br /> : t insurance coverage in the amounts, for tbe periods,and agai.nst the ha7ards Lender cequires, including�ire and =_-
<br />,"' ;� GaTards included within the term"eMended caverage,"then:
<br /> . �; (i) Lender waives the pmvision in Uniform Covenant 2 for the monthly �yment to Lender of �-
<br /> �� �i,. one-twelfth of the yearly premium installments for hazard insurance on the Property;and -
<br /> (ii) Borrower's obligation under Uniform Cov�enant 5 to maintain haTard insurance coverage on �
<br /> � � the Praperty is deemed satisfied to the extent that the cequired wverage is provided by tfie Owners Association �
<br /> . : policy.
<br /> •""; Borrower shall give Lender prompt notice of any tapse in rt�quired harard iasurance coverage provided by �
<br /> ' the tnaster nr blanket policy. _:
<br /> `" ; in the event of a distribution of ha7ard insurance proceeds in lieu of resto:ation os�pair following a loss to
<br /> � ; the Property, or to common areas and facilities of the PUD, any proceeds payn�7a to Borrower flre hereby ��
<br /> � e�,°
<br /> assigned and shall be paid ta Lender. Lender shall apply the proceeds to the sums sec+►r� 6y the Security
<br /> ' •' y Insaument,with any exocss paid to Borrower.
<br /> -�:. C. RbLs L.�.hitty ae+snteese.Borrower shall take such action�as may be reasouahle w iasure that tt:e -
<br /> , : � Ownets Association maintains a public liability insur�.ace policy acceptable jn form, amount. and extent of �
<br /> • wverage to Lender. „
<br /> AAULTIS7ATE PUD H(DER•Singie FamilV• Fanril�Mastiad�Mac UNIFORM INSTHUMENT Form 3160 8lSO
<br /> ' vago t m Z • i��.P
<br /> - �-NMFL 3160 C81 �otmi VM7 MOATGAGE FORMS•t31312938100•�8001621-7287 wtiata:�� `'•.
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