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201106201
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Last modified
9/14/2011 12:35:14 PM
Creation date
8/19/2011 4:14:34 PM
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DEEDS
Inst Number
201106201
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�o�1os2o� <br />CONDOMINIUM RIDER <br />THIS CONDOMINIUM RIDER is made this 18th day of August 2011 , <br />and is incorporated into and shall be deemed to amend and supplement the Mortgage, Deed <br />of Trust, or Security Deed (the "Security Instrument") of the same date given by the <br />undersigned (the "Borrower") to secure Borrower's IVote to Home Federal Savi ngs and <br />Loan Assn of Grand Island <br />(the <br />"Lender") of the same date and covering the Property described in the Security Instrument <br />and located at: <br />3305 Schroeder Ave <br />Grand Island, NE 68803 <br />[Property Address] <br />The Property includes a unit in, together with an undivided interest in the common elements <br />of, a condominium project known as: <br />Indianhead Condominium <br />[Name of Condominium Project] <br />(the "Condominium Project"). If the owners association or other entity which acts for the <br />Condominium Project (the "Owners Association") holds title to property for the benefit or use <br />of its members or shareholders, the Property also includes Borrower's interest in the Owners <br />Association and the uses, proceeds and benefits of Borrower's interest. <br />CONDOMINIUM COVENANTS. In addition to the covenants and agreements made in the <br />Security Instrument, Borrower and Lender further covenant and agree as follows: <br />A. Condominium Obligations. Borrower shall perform all of Borrower's obligations under <br />the Condominium Project's Constituent Documents. The "Constituent Documents" are the: (i) <br />Declaration or any other document which creates the Condominium Project; (ii) by-laws; (iii) <br />code of regulations; and (iv) other equivalent documents. Borrower shall promptly pay, when <br />due, all dues and assessments imposed pursuant to the Constituent Documents. <br />B. Property Insurance. So long as the Owners Association maintains, with a generally <br />accepted insurance carrier, a"master" or "blanket" policy on the Condominium Project which <br />is satisfactory to Lender and which provides insurance coverage in the amounts (including <br />deductible levels), for the periods, and against loss by fire, hazards included within the term <br />"extended coverage," and any other hazards, including, but not limited to, earthquakes and <br />floods, from which Lender requires insurance, then: (i) Lender waives the provision in <br />MULTISTATE CONDOMINIUM RIDER <br />INSTRUMENT <br />Form 3140 1 /01 <br />Wolters Kluwer Financial Services <br />VMP �-8R (0810) <br />Page 1 of 3 Initial <br />Single Family - Fannie Mae/Freddie Mac UNIFORM <br />
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