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�Zt� /� c� i � '� z- <br />Loan Number: 00-1488 <br />CONDOMINIUM RIDER <br />THIS CONDOMINIUM RIDER is made this 4 th day of FEBRUARY, 2 011 , <br />and is incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust, or <br />Security Deed (the "Security Instrument") of the same date given by the undersigned (the "Borrower") to <br />secure Borrower's Note to HERITAGE BANK, A NEBRASKA BANKING <br />CORPORATION <br />(the "Lender") of the same date and covering the Property described in the Security Instrument and located at: <br />4003 SANDALWOOD DR, GRAND ISLAND, NEBRASKA 68803 <br />[Property Address] <br />The Property includes a unit in, together with an undivided interest in the common elements of, a <br />condominium project known as: <br />WESTWOUD PARK I CONDOMINIUMS <br />x°: <br />(the "Condominium Project"). If the owners association or other entity which acts for the Condominium <br />Project (the "Owners Association") holds title to property for the benefit or use of its members or <br />shareholders, the Property also includes Borrower's interest in the Owners Association and the uses, proceeds <br />and benefits of Borrower's interest. <br />CONDOMIlVIUM COVENANTS. In addition to the covenants and agreements made in the Security <br />Instrument, Borrower and Lender further covenant and agree as follows: <br />A. Condominium Obligations. Borrower shall perform all of Borrower's obligations under the <br />Condominium Project's Constituent Documents. The "Constituent Documents" are the: (i) Declaration or <br />any other document which creates the Condominium Project; (ii) by-laws; (iii) code of regulations; and (iv) <br />other equivalent documents. Borrower shall promptly pay, when due, all dues and assessments imposed <br />pursuant to the Constituent Documents. <br />� B. PrOperty Insurance. So long as the Owners Association maintains, with a generally accepted <br />insurance carrier, a"master" or "blanket" policy on the Condominium Project which is satisfactory to Lender <br />and which provides insurance coverage in the amounts (including deductible levels), for the periods, and <br />against loss by fire, hazards included within the term "extended coverage," and any other hazards, including, <br />but not limited to, earthquakes and floods, from which Lender requires insurance, then: (i) Lender waives <br />the provision in Section 3 for the Periodic Payment to Lender of the yearly premium installments for <br />property insurance on the Property; and (ii) Borrower's obligation under Section 5 to maintain property <br />irisurance coverage on the Property is deemed satisfied to the extent that the required coverage is provided <br />by the Owners Association policy. <br />What Lender requires as a condition of this waiver can change during the term of the loan. <br />MULTISTATE CONDOMINIUM` RIDER <br />Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />Form 3140 1/01 Page 1 of 3 <br />� <br />DocMagic � soo-sas-�ss2 <br />www. docmagic. com <br />