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<br /> 9�- i�i46
<br /> D.Condeme�atbn.Tt�c procwds of any uward ar cluim far dan�ages, direct or rnnsequential, payablc to
<br /> Borrower in connection with any condemnation or other tuking of ull or any part of the Property, whether of the
<br /> unit or of the cummon elements, or f�r nny conveyunce in lieu af candemnation,ure hereby assigned and shall be
<br /> paid ta Lender. Such proceeds shall be uppli«i by Lender to the sums secured by the SecurBty dnstrunxnt as
<br /> providcd in Uniform Covcnant I0.
<br /> E. Leader's Prlor Consent. Borrawer shall not. ezcept after notice to Lender and with Lender's prior
<br /> written consent,either punition or subdivide the Aroperty ar cousent tu_
<br /> (i) the abandonment or termination of the Condomini�tm Project, except far nbandonment �r
<br /> terndnation required by Isw in the case of substantial destruction by fire or other casualty or in thc cese of n
<br /> taking by condemnation or eminent domain;
<br /> (ii) any smendment to any provision of the Constitu�nt Docucnents if the provision is for the express
<br /> benefit of Lender;
<br /> (iii) termination of professionul management and assumption of self-management of the Owners
<br /> Associat�on;or
<br /> (iv) any action which would have the effect of rendering the public liability insurance coverage
<br /> maintained by the Owners Association unacceptable to L.ender.
<br /> F.Remedles.If Borrower dces not pay condominium dues and assessments when due, then Lcnder may pay
<br /> them. Any amounts dishursed by Lender under this paragraph P shall become additional debt of Borrower ucural
<br /> by the Security Instrument. Unless Rorrower and Iender agra to other terms of payment, these amounts shall
<br /> bear interest from the datc of disbursement at the Note rzte and shall be payablc, with interest, upon notia from
<br /> Lender to Bonower reyuesting puyment.
<br /> Bii SIGiviivC�BEi.C�R�,Borrower accepts and agrees�o[he terms and provisians wntained in this t:onaomiaium
<br /> Rider.
<br /> 1
<br />: (Seal)
<br /> P L L SCHLICK -Borrower
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<br />-i �c ��A. �. J�Y'��i„� • �.SC81�
<br /> - � LORI J SCHLICK -Burrawer
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<br /> � -Bomower
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<br /> r -Borrowet
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<br /> . Fam 3140 9I90
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