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20�� <br />PLANNED UNIT DEVELOPMENT RIDER <br />THIS PLANNED UNIT DEVELOPMENT RIDER is made this 29th day of <br />Jul y 2011 , and is incorporated into and shall be <br />deemed to amend and supplement the Mortgage, Deed of Trust, 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 I sl and <br />(the "Lender") of the same date and covering the Property described in the Security <br />Instrument and located at: 1315 W Koeni g St, Ste 2 <br />Grand Island, NE 68801 <br />[Property Address] <br />The Property includes, but is not limited to, a parcel of land improved with a dwelling, <br />together with other such parcels and certain common areas and facilities, as described in <br />Master Deed recorded as Document No. 82-003621 and Amendment recorded as <br />Document No. 97-109835 <br />(the "Declaration"). The Property is a part of a planned unit development known as <br />Francis Villas <br />[Name of Planned Unit Development] <br />(the "PUD°). The Property also 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, benetits and proceeds of Borrower's interest. <br />PUD COVENANTS. In addition to the covenants and agreements made in the Secu�ity <br />Instrument, Borrower and Lender further covenant and agree as follows: <br />A. PUD Obligations. Borrower shall perform all of Borrower's obligations under the PUD's <br />Constituent Documents. The "Constituent Documents" are the (i) Declaration; (ii) articles of <br />incorporation, trust instrument or any equivalent document which creates the Owners <br />Association; and (iii) any by-laws or other rules or regulations of the Owners Association. <br />Borrower shall promptly pay, when due, all dues and assessments imposed pursuant to the <br />Constituent Documents. <br />MULTISTATE PUD RIDER - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />Form 3150 1 /01 <br />Wolters Kluwer Financial Services Page 1 of 3 Initials: <br />VMP�-7R t0811) <br />� �'1 <br />� <br />\:J� <br />