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201601676
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Last modified
7/23/2017 10:16:50 AM
Creation date
3/22/2016 8:57:37 AM
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DEEDS
Inst Number
201601676
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2� 1 �� 1 �7� <br /> C. Public Liab���ty Insuranc�. Barrnwer shal�ta.k�such acti�ns as may be reasonable t�insure that <br /> th��wners Association maintains a public liabil�ty ��surance poli�y accep#able�n form,an�ou�t,and <br /> extent of co�erage t�Lender. <br /> D. Condemnation. The proceeds of any award or claim for damages,direct or consequential, <br /> payab�e ta Borrower�n c�nnectian with any condemnation ar�ther takirig of all or any part of <br /> the Praperty or the common areas and fa�i�ities of th�PUD,or for any con�eyance in lieu of <br /> cond�mnation,are hereby assigned and shall be paid to Lender. Such proceeds shall be applied hy <br /> Lender to the sums secured by the Security Instrument as pro�ided in Section 1 I. <br /> � E. �e n de r's P rio r C o�se�t, Bor�awer shall n�t,e��ept afte�r notice to Lender and v�i�h Lender's <br /> prior wriiten�onsent,either paxtitinn or subdi��de the Property or c�nsent tt�; (�}the abandonment <br /> ar termination of the PTJD,e�cept for abar��ionrnent or t�r�nination req�ir�d h�lavv in t��case�f <br /> substantial destruct�on�y fire or other�asualty or in the Case of a tal�ing by�ondemnation or eminent <br /> �iomain;�ii�a�y am�n��ner�t t�ar�y pr���sio��f t�e "�'o�sti��e�t��oe�r�er�ts" if the p���isior�is for <br /> th��xpr�ss ben�fit of Lender;(iii}terminat�on of professiona�management and assumption of self- <br /> manag�mer�t o�th��v�ne�s Assa�iati�or�;or�i��an�act��n v�hi�h v�auld ha�re t�e effect�f rendering <br /> the public �ia�i��ty insurance co�erage maintained by the�wners Assoc�ation una�cepta.b�e to Lender. <br /> F. Remed�es. If B�rrower does not pay PUD dues and assessments when due,then Lender may <br /> pay them.Any amaunts disbursed by Lender under this paragraph F shall become additional d�bt of <br /> Borrower secured by the S�curity Instrume�t.Unle�s B�rrower and Lender agree ta other terms of <br /> payment,th�se amounts shall bear interest from the date of disbursement at the Note rate and shall be <br /> payable,vvith interest,upon not�ce from L�nd�r ta Borrawer requesting payment. <br /> BY SIGNII�IG BEL��N,B�rro�er a�cepts ax�d agre�s�.o t�e terms and���ena�ts���#.�.ined in tl3is Pt3D <br /> Rider. <br /> Bo rrawe r <br /> � <br /> He�be�t I� artbingtv� <br /> .� <br /> . �� �-� <br /> ��. �,-;� ,. G� . <br /> J nif�r L�V hington <br /> 2�ao5sa��8 <br /> MULTISTATE PU❑RtaER—Single Family—Fannie MaelFreddie Mac UN#FQRM lN5TRl1MENT Form 31501I�� <br /> �pg 07I2�15 <br /> Wolters Kluwer Financial 5srvices 2�15�31115.3.i}.�4�fi-N20151019N Page 2 of� <br />
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