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<br /> . � . Pi.ANNEA LT�1IT DEVE�.OPM�N� RIDER �� �
<br /> : . _ sesz�:
<br /> ` THiS PiyANNED Ul+ift OSVBLOPME.'�1'i'RIDER u tn�de this 141`H �_ �y af APRIi. � � � . ..
<br /> 1492 <..aod is inc�xpo�ated iaw�d sl�ii be dernxd to an�ad aM suppirnxnt�t6e MoApge. Deod of
<br /> . _ -- - '�knst:or Setvrity Dxd 4�1�- '•Socprity IasuummC•),uf the sa�oe.d��. �iva� byc ttje widcrsi�ned (tbe
<br /> �. .: ••BoROw,er")w sxv�e Borrower`s iVQtc to NORf�ESY M!]RTCiABE, SNC. ,
<br /> - • ' - ' �tAe"L,eod,er"f ' .
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<br /> of the. s�me date md eorecing tbe Psnperty descn'6ed in the Seatrity tnstrument and tacated �t: .
<br /> 706 BRAND ANEI�tJE� �t3RAND ISLAND, NE :68801 � . < .
<br /> . _ (P�apen�r Add�ssl. _ ,
<br /> _ �.ptop�ttq ixludes.but is nat limited to,a panecl of ltrt�i.itppmvod with a dwelling.togett�er witb other suc�t
<br /> and;xrtain conunon areu and facilities.as descdbed in .g$'�eeaent for Restrfct�v��C-ovpea6at
<br /> ' ' Sest fetions and Coaditioas for xi.ve=side Acr s file : 8J2 /65, in��ieQ�boCi���.3��•
<br /> Re��ster o�Itee�s .
<br /> 'ifie Ptn�erty is a p�rt of a pl�od uait ckvtlopnrrnt T�Own •
<br /> � Yftr.ez^�ide Propertp O�taer's Association ' ' �
<br /> (1Vyae af Pf#nnod uaR Develop�xncl
<br /> ;. (�"pUp")-'i'he Pmperty also includes Harrower's interest •in the hn�1'IOOVVners assaciatian or equivalent
<br /> � entiry csv�roing or nw�nagiag the ca�unon arcas aad facilities of ti�c PUD(the•�Owners As.wciation"l aad thc uses.
<br />_-- be��its and'procads of Borrower's irstemst. '' ` `
<br /> -- _-..._, '..�ID CD'VENANTS.,1n addiuon ta the coven�nu and agreert�eut�;made in t1�c Security Instrument,
<br />- � Baaos��er aad i,euder fnrther covenaitt and agree as foltows: �
<br />� � - :t�;pUp ObH�►tions. Bormwer shall perfortn all of Bormwer's obtigations under the PUD's Constituent -
<br /> :~�; . Dnc�nepts.The..Cot�stituent Documents"are the:(i)Declaratiqrt:�fii3�arttales of incotporatian.ttust�nstnm�e� - —
<br /> - � or any equivalent dacument which creates thc Owners Associarian: and:ri) any by-laws or other cules or
<br />-�%° � . �. regulations of the Ovvrners Assaciation.Borrower shal)prompttyr,pay,wheri due.all dues and assessments unposed
<br />-�f�., .. , • . ,
<br /> ;• ' pun�nt ta tt�e Const[tuent Documec�ts.
<br />:�:;�' ` B Hazard InsurAnoe So lon�as the Owners Associutiart.a�aintains. with a generally accepted insurance �
<br /> ��:" c�rrier,a"master"or."blanket"policy insuring the Propertg.a�fi is satisfactory to Le�er and which provides
<br /> insurance caverage in the amounts. far the periads.and against the haaards Lendcr requires, inciudiag fire and
<br /> � hazards included within the tertn"extended ca��e�-�ga."then: . _—
<br /> :" ' (i) Lender waives the provision in ITniform Cavcnant 2 for the monthly payment to [.e�der of �-�-�
<br /> , one-twelfth of the yearly premium installments for ha7ard insurance on the Pcaperty:and «�-�-=.-
<br /> • (ii). Borrower s obligation under Uniform Covenant 5 to maintain hazard insurance coverage on ,�,,,y�-�w�-
<br /> ct is deemed satisfied to ttie extent that the r uired coverage is provided by the Owners Association �-t:;�•—
<br /> the Prope Y �1 --.--=
<br /> li ��6 --
<br /> - � Bartower sha{i geve Lcndcr prompt notice ot any lapse in rcquired hazard insurance coverage provided by Y��:''�` `
<br /> - , the master or blanket policy. �`'��` -
<br /> In the event of a d"istributiun of tiazard insurnnce proceals in lieu of restaration or repair fallowing a loss to �'''=�=`�-'=- _
<br /> the Property. or ta uommon as�s and facilitics af the PUD, any praceed� payablc to Borrowcr are,hcreby ,�.' '� -
<br /> __, assigned and shall be aid to Len�er. Lcndc�shall a 1 thc rocceds to the sums secured b the Securi ''� -•-•
<br /> P PP Y P Y tY :�:r,:,.: --;.�y�=.
<br /> • � instrument.with an excess aid co Barrower. ;��`�"`"�_-
<br /> Y R -±�.�
<br /> C. Publlc Liabitity Insuraoae. Borrow�r,st�aU take sueh action,ati may be reasanable to insure that the f:�:°�=--
<br /> Owners Assaciation maintains a public liatrilit}� insur�nce palicy acceptablc in farm, amount, and extent of . ���''�14 j`-
<br /> _ rnverage to l.ender. � ' � ,�����
<br /> :��,j';';`� . •�`�
<br /> -. AMlI.TISTATE PUD RIOER-Single Family• Fanni�NtN/Fr1ddN Maa U[�IFaRM INSTRUMENT ` Fosm 3t5d 9190 • ;.:i�l.:'�; •. .
<br />� • veao t o�2 ������ � . � . • .
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