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