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2� 1 ��254� Section 3 for the Periodic Payment to Lende� of the yearly premium installm�r►ts for prape�ty insurance on th� Property; and 4�i� Borrow��'s ahli�ation under �ection 5 t� maintain property insurance co�erage �n th� Property is deemed satfsfied to the extent that the r�qu�r�d ca�erag� is pro�ided by the 4wners Associatian palicy. What Lend�r �equi�es as a canditian of tnis wai�er can chan�e during th� te�m of the loan. Ba�-rvwe�- sha�� gi�e Lende� p��mpt notice of any �apse in required praperty insu�-ance co�era�e pro�ided by the master �r bfanket pa�icy, �n the e�ent of a distributivn of p�-operty �nsurance praceeds in lieu of restv�at�an or repair fvf�vw�ng a �oss to the Prope�ty, whether to the unit ar to common e�ements, any proceeds payable ta Barrow�r are h��eby ass�gned an� shail �� paid to Lender f�r app�ication to th� sums secu��d by th� Secur'rty fr�strument, whether ar n�t then �ue, vvith the excess, if any, paid to Barrower. C. Puhlic Lia�ility �nsurance. B��row�r shal� take such actians as may �e reasvnabfe tv ��ar�� d� fil�� vvt�+�r� A►��ci�fiior� ��ir�fi�ir�s a publi� li��ili�y i��ur�r��e p��i�y ��fiabl� i� fvrm, amount, and ext�nt vf c��rage ta Lender, D. ��ndemnation. The p�oceeds �f any award ��r �laim for damages, direct �� consequential, payable to Borrower �n connectifln w�th any condemnatian �r �th�r taking of all vr any part of the Praperty, wnetner �f the unit or of the c�mman efements, or for any cvn�eyance in [i�u �f Gondemnation, ar�e hereby ass�gned and sha11 be paid to Lend�r. Such prQceeds shal! b� appf��d by Lender to the sums s�cu��d by tn� Secu�ity fnstrument as pra�ided in Secti�n � 1. E. Lender's Pr�or Cvnsent. gnrr�wer sha�� nat, ex�ept after notice to Lender and w�th Lender's priv� written cons�nt, eith�r partit�on ❑r subdi�ide the Property c�r consent ta; �i} the abandanm�nt ar term�nation of the C�ndaminium Prvject, except for abandanment or terminati�n required �y law in the case ❑f substantia� d�structian hy fire ar other casualty vr in the case vf a taking by candemnatifln or eminent domain; ��i} any amendment ta any pra�isifln vf the C�nst�tuent �ocuments if the p�o�ision is for the expr�ss �enefit af Lende�-; 4iii} terminatian of profess��na[ management and assumptivn of self-mana�ement of the �wn�rs As�ociation; a�- �i�� any actian which wvu�d ha�e the �ffect vf rendering the pub�ic liab�l�ty �nsurance cv�erage ma'rntained by the �wne�s Assaciat'ran unacceptab�e t� Lender, F. Remed��s. �f Barrower does not pay c�ndominium dues and assessments when due, th�n Lender may pay them. Any amaunts disbursed by Lende�r un�l�r this pa�agraph F shal� become additivnal d�bt of Barrower s�cured by the S�curity �nstrum�nt. [Jn��ss Borrawer and Lender agree tv vthe� terms ❑f payment, thes� am�unts sha�� bear interest fr-am the date of disbursement at the Nate rate and sha�� be payable, with interest, up�n nvtice from Lender t� B�rrawer requesting payment. MULTISTATE ��ND��VI�NIUM RIDER - Single Family - Fannie IVI 1 r ddie Mac UNIF�RM �NSTRUMENT � �==� VMP Q-8R ��JB��} Page 2 ❑f 3 �n�tials Farm 3�4� 'I 1��