Laserfiche WebLink
201108679 <br />Planned Unit Development Rider <br />THIS PLANNED UNTT DEVELOPMENT RIDER is made this 16th day of November, 2011, and is <br />incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust, or Security <br />Deed (the "Security Instnsment'� of the same date, given by the undersigned (the `Borrower'� to secure <br />Bonower's Note to Wells Fargo Bank, N.A. (the "Lender") of the same date and covering the Property <br />described in the Security Instiument and located at: <br />403 5unset DR, Doniphan, NE 68832 <br />[Properiy Address] <br />The Property includes, but is not limited to, a parcel of land improved with a dwelling, together with <br />other such parcels and certain common areas and facilities, as described in COVENANTS, CONDITION5 <br />AND RESTRICTIONS (the `Declaration'�. The Properiy is a part of a planned unit development known <br />as <br />Amick Acres <br />[Name of Planned Unit Development] <br />("the PUD'�. The Property also includes Bonower's interest in the homeowners association or equivalent <br />entity owning or managing the common areas and facilities of the PUD (the "Owners Association'� and <br />the uses, benefits and proceeds of Borrower's interest <br />P U D Covenant. In addition to the covenants and agreements made in the Security Instrvment, Borrower <br />and Lender further covenant and agree as follows: <br />A. PU D Obligations. Borrower shall perform all of Borrower's obligations under the PUD's Constituent <br />Documents. The "Constituent Documents " are the (i) Declaration; (ii) articles of incorporation, trust <br />instrument or any equivalent document which creates the Owners Association; and (rii} any by-laws or <br />other rules or regulations of the Owners Association: Bonower shall promptly pay, when due, all dues <br />and assessments imposed pursuant to the Constituent Documents. <br />B. Property Insurance. So long a.s the Owners Association maintains, with a generally accepted <br />insurance carrier, a "Master" or "Blanket" policy insuring the Property 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, <br />including, but not limited to, earthquakes and floods, for which Lender requires insurance, then: {i) Lender <br />waives the provision in Section 3 for the Periodic Payment to Lender of the yearly premium installments <br />for property insurance on the Property; and (ii) Borrower's bbligation under Section 5 to maintain property <br />insurance coverage on the Properiy is deemed satisfied to the extent that the required coverage is provided <br />by the Owners Association policy. <br />What Lender requires a.s a condition of this waiver can cha.nge during the term of the loan. <br />HCFG-00008 <br />Mu�ns7n7E Puo RiuErt - Single Famiy - Fannie MaelFreddie Mac UNiFOttM InsiituMEn�7 <br />VMP� <br />Woltera Kluwer Flnarxial Services 201111094.0.0.0.4002-J20110525Y <br />Fortn 3150 1/01 <br />Page 1 of 3 <br />`1 8 11 <br />