201508822 - Laserfiche WebLink

Browse

2� 15�8822 ��NI��l1��N�t.Tl� RIDER. �f"HfS C�N�9ilfi�iV��N1 RiDER is ma�� his �3�~d day of l�e��mber 20�5 , an� �s incarporated it�t�� and shall be deemed tv �m�nd and supplement th� M�rtgage� D�ed �f T'�ust, flr Se�u�ity �e�d �the "Security [t��trumer�t"} of the �ame da�e gi�en by the � undersigned �the "�3c�rrc��Y} to s�cu�e Bv�rc�w�r's Nt�t� to Home Fed�t��l S�vi n�s �nd Lo�n Assn of �ra�rd �s��nd �t�,� "L�r�der"} af the s�rr�e d��e �r�d co�erir�g tl�e P�ape�ty described in t�� S�curEty Instrumen� and �acated at: 418 5 W��dl apd Dr� . - � �rand I s��nd, NF �88Q�. . [Property Addr��s] The P�aperty in�Iud�s �� un�t in, tagether w�th �n t�ndiuEded �nterest fn the common e�emen�s 4 . �f, � ��nd�minium �r��t knawr� �s: � � Th� Vi��ag� �Name �f ��ndomini�ar� Pr��ectl �the "Cor�domNni�am Pr��aJo�tp�}� If the o�r�ers �ssaciati�n ar ather �ntity whi�h ac�s for the �or�daminium P�oje�� he '��wr��s ass�cE�tic�n"} ho�c�s tEtle t❑ praperty fic�r th� b�n�f�t o� use of its members or sh�reh��d��s, the P�ope�t� als� includes Borrower's �nt�rest ir� the avvners ��aciatian ar�d th� ��, prc�c�eds and be��f'r�� of S�rr�v�rer�s interest. �C]ND�MIN��Jf�'[ ��1!'�N,A,I�`T�K f n addi�io� to the ��enants and ag�eements made in th� . ��curity Instrume�t, �orr�v�er and Lender further c��r�anfi and agree as fol�ows; ' A. �andominium �b[�g�t"r�n�. Bor�o�rver sh�il perform a�l of Barrawe�`s ob�igat��ns under the Co�domin�um Pr��e��'s �onstituent Documents. �fh� "C�nstituent C�ocuments" are the; �i} , C��laratian Qr any �ther do�ument which ��eate� th� �andat-ninium Project; �ii} by--faws; 4iii} cad� of �egulation�; �r�d {iWy �th�� equi�al��t documents. Borravver shal� promp�:ly pay, vUhen cf��, a�l dues and as��s�rr�e�t� imposed �ursuant ta the Canstituent �ocumen�:s. B. P�raperty l��u�ar��e, �c� long a� th� �wners A�sociat�an maint�ins, rlvith � ger�era[ly a��pted insuranc� ��rri�r, � "rr-aaster" or "blank�t" po�icy on the Gandominium Pr�ject v�rhich is s�t�sfactory tfl L�r�der �nd `rvh�ch pror�ides insuranc� ca�erage in tlle �mounts �irtc�udir�g ' c��duct�b�e le�els}p ��r th� p�r�ads, and �gainst �ass by fire, hazards inclue�ed w�-thin the terr� �'�xtended co��r�g�,p� �nd a��y other haz�rdsp [ncf�d�ng, but not iimit�d to, e�rthquakes and flaads, frvm which Ler�de� r�qui�-�s insu�ance, �henQ �i} L�nder wai�es the p�aWisian in M�JLTISTAT� �C]�V��II��IUIIJi`I� F��13ER - Single Fami[y - Fann�e MaelFredc�ie �ac UN�F�RM ��S�f`FiUMENT � �arrr� 3'i 4�C� ��0� Illlnit�rs Kluwer Fit�anciai ��r�ic�s � 11i�l��R ��81 C�} P�qe � of 3 I nit�als n '