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2011Q0313 <br />PLANNED UNIT DEVELOPMENT RIDER <br />THIS PL.ANNED UNII' D�VELOC'MENT RIDER is made this 14th day of <br />January 2011 , and is incorporated into and shall be <br />deemed to amend and supplement the Mortgage, Deed af 7rust, or Security Deed (the <br />"Security Instrument") of the same date, given by the undersigned (the "Borrower") to <br />secure Borrower's Note to Home Federal Savi ngs and Loan Assn of Grand Isl and <br />(the "Lender") of the sams date and covering the Property described in the Security <br />Instrument and located at: 1036 Sagewood Ave <br />Grand Island, NE 68803 <br />[Property Address] <br />The Property includes, but is not limited to, a parcel af land improved with a dwelling, <br />together with other such parcels and certain common areas and facilities, as described in <br />Declaration recorded in Register of Deeds Office as Document No. <br />200611167 <br />(the "Declaration"). The Property is a part of a planned unit develppment known as <br />LaRue Subdivision <br />[Name of Planned Unit Development] <br />(th� "PUD"1. 7'he Property alsp includes Borrower's interest in the homeowners association or <br />equivalent entity owning or managing the common areas and facilities of the PUD (the <br />"Owners Association") and the uses, benefits and proceeds of Barrower's interest. <br />PUD COVENANTS. In addition to the covenants and agreements made in the 5ecurity <br />Instrument, Borrower and Lender further covenant and agree as fallpws: <br />A. PUD Obligations. Borrower shall perform all of Borrower's obligations under the PUb's <br />Constituent Documents. The "Constituent Documents" are the (i) Declaratipn; (ii) articles af <br />incorporation, trust instrument or any equivalent document which creates the Owners <br />Association; and (iii) any by-laws ar other rules or regulatians of the Owners Association. <br />Borrower shall pramptly pay, when due, all dues and assessments imposed pursuant to the <br />Constituent Qocuments. <br />MULTISTATE PUD RII]ER - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />Form 3150 9/07 <br />Wolters Kluwer Financial Services Page 1 of 3 Initials: � <br />VMP�-7R (081 1) <br />