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��15��7�� l�I..,AI�Tl�T.�� TJN��' D�V�L�Pl1��NT �D�R TH�S PLANNED UNIT DEVEL�PMENT R�D�R is made this �9th day of Apri 1 ��1� , and is incorporated into and shall b� �le�med to an�end and supplement the N�ortgage, Deed af Trust, or Security [�eed �the "Secur�ty I nstrument"3 ❑f the same date, g��en by the undersigned �the "Borrower"3 t� secure Borrower's (�ot� to Hom� Federa� Sa��ngs and Loan assn of �rand Is�ar�� tthe "Lender"} �f the same date and co�er�ng the Pra�erty desc�ibed in the Security lnstrument and ivcated at: 4277 Au�usta Pk�y Grand I s�and, i�E �88�3 [Prop�rty Addr�ss] The Property rnc�udes, but �s n�t ��m�ted ta, a parce[ of �and irinp�-o�ed with a dwelling, together w�th ather such parcels and certa�n common areas and fac��ties, as descri�ed in De�larat�on of Co�enants, Conditions and R�stri�tions, �f th� herein n amed hor�e�wne r s assac�atian, and any a�nendm�nts thereto. 4th� "De�laration"}. The Property is a part of a planned unit de�e�opm�nt kn�wn as Fa�rway �r�ssings �Name of P�anned Unit De�elopment] �the "�'UD"}. The Prape�ty also includes Barrower's int�r�st in the homeowners associatian ar equ��alent �nt�ty own�ng or manag�ng the common areas and faci�it�es of the PUD �the "awners Associat�vn"� and the uses, b�nefits and proce�ds �f Borrawe�'s int�rest. PU�'3 C�VENANTS. In addit��n ta the c��enants and agreements made in the Secur�ty lnstrument, Borrower and Lend�r furth�r co�enant and agree as f�llows: A. PUD C3bligat�flns. Barrawer sna�� perform a�� of Barrower's Qbligations under the PU D's Cvnstituent Documents. The "�onstituent Do�uments" are the ti} Dec[aration; �ii} articles of incorporation, trust instrument or any equ��a�ent dvcument which creates the �wners Assaciativn; and �iii} any by�laws or ather rules or regulations of the �wners Associat�on. Bvrrower sha�� promptly pay, when due, al[ dues and assessments imposed pursuant t❑ the Constituent aocuments. MULTISTATE PUD RID�R - Single Family - Fannie MaelFreddie �ac UNIF�RI'I� �NSTRUMENT Form 3�5Q �1U�- � .. 1No�ters Kluwer �inancia� Ser�ices Page � af 3 �nitiais: VMP�-7R ��81 �� ,.