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201100950 PLANNED UNIT DEVELOPMENT RIDER THIS PLANNED UNIT DEVELOPMENT RIDER is made this 1st day of February 2011 , and is incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust, or Security Deed (the "Security Instrument") of the same date, given by the undersigned (the "Borrower") to secure Borrower's Note to EQUITABLE BANK (the "Lender") of the same date and covering the Property described in the Security Instrument and located at: 1231 Sagewood Ave Grand Island> NE 68803 [Property Address] The Property includes, but is not fimited to, a parce( of fand improved with a dweliing, together with other such parcels and certain common areas and facilities, as described in DECLARATION OF COVENANTS AND RESTRICTIONS OF LARUE SUBDiVISION RECORDED IN THE REGISTER OF DEEDS OFFICE AS DOCUMENT N0. 200611167 (the "Declaration"). The Property is a part of a planned uni± development known as LARUE SUBDIV:SIdN [Name of Pfanned Unit Devefopment) (the " PUD" }. The Property also includes Borrow er's interest in the homeow ners association or equivalent entity ow ning or managing the common areas and facilities of the PUD (the "Owners Association") and the uses, benefits and proceeds of Borrower's interest. PUD CCIVENANTS. In addition to the covenants and agreements made in the Security lnstrument, Borrower and Lender further covenant and agree as follows: A. PUD Obligations. Borrower shall perform all of Borrower's obiigations under the PUD's Constituent Documents. The "Constituent Documents" are the (i} Declaration; (ii) articles of incorporation, trust instrument or any equivalent document w hich creates the Ow ners Association; and (iii) any hy-laws or other rules or regulations of the Owners Association. Borrower shall promptly pay, when due, all dues and assessments imposed pursuant to the Constituent Documents. 11-01-000004 MULTISTATE PUD RIDER - Single Family - Fannie MaelFreddie Mac UNIFORM INSTRUMENT Form 3150 1 /01 Wolters Kluwer Financial Services Page 1 of 3 lnitials: VM P�-7 R (0811)