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2� 1 ��3229 <br /> ��ND�M�NIUM R1[]ER <br /> Loan No: 1�7�J5a'I'l ��ontinued� Page Z <br /> loss �o �h� Property, whether �� the unit vr to common elem�nts, any praceeds payable ta Barrower are hereby <br /> assigned and shall be paid to Lend�r �or applica�tian to the sums secur�� by the 5ecuri�y Instrumen�, whether or <br /> not then due,wi�th the ex�ess, if any, paid to Borrower. <br /> C. Puhlic Liability Insurance, Borrower sha�l take such actians as may be reasvnable tv insure that the <br /> Owners Assvciation maintains a pubiic �iabili�y insurance pa[icy acceptable in �vrm, am�unt, and ex�en� of <br /> caverage to Lender. <br /> Q, Condemnation. The proceeds �f any avtirard or claim for damages, dire�t or cvnsequential, �ayable <br /> to Borr�wer in connectivn with any condemnation �r other taking af a[I or any part of�he Praperty, whe�her of the <br /> unit vr o��he camman elements, or f�r any conveyanc� in �ieu of c�n�emnation, are here�y assigned and sha�l be <br /> paid to Lender. 5uch proc�eds shall be applied by Lender to the sums secur�d by the Securi�y 3nstrument as <br /> provided in 5�ction �1. <br /> E. Lend�r's PrEar Consent. Borrc�wer shall not, except after n�tice �Q Lender and with Lend�r's prior <br /> written consent, either parti�ion or subdivid�the Property or �ons�n���: �i� the abandanment or terminati�n �f the <br /> Condominium Projec�, except for abandanment or�erminatian required by law in the case o�substan�iaf destructian <br /> by fire ar other casualty or in �he case vf a�aking by c�ndemna�ion or eminent domain; 4ii} any amendment ta any <br /> pra�isi�n of �he "Constituent L�ocuments" i�the pro�isivn is for th� express bene�it of Lender; �iiiy t�rminafiion of <br /> professional managemen�and assumption fl�se[f-management�f the��runers Associatian; ar �iv� any action whi�h <br /> woufd have the effec� ❑� rend�ring the �ubEi� iiability insurance ��verage maintained by th� Dwners Asso�ia�i�n <br /> unacceptabl��to Lender. <br /> F. Remed�es. If Borrower daes n�� pay condominium dues and assessrr�ents wh�n due, �hen Lender <br /> may pay them. Any amounts disbursed by Lender under this paragraph F sha[I become additi�nal debt of Borrower <br /> secured by the Security Instrument. Unless Borrower and L�nder agree to o�her terms of paymen�, th�se amounts <br /> shall b�ar in�erest �rom the date o�disbursement a�the IVote rate and shail b� payable, wi�h infieres�, upvn not�ce <br /> from Lender to BvrrQw�r requesting paymen�, <br /> gY SIGIVING BEL�111I, Borrower a�cepts and agrees to th erms and pr�vi�ions contained in this Condominium Rider. <br /> �Seal <br /> JDE T J�[VES - Borrower <br /> ai <br /> JACLVN R D ES -Borrvwer <br /> IllIULT15TATE C�IVD�MCNIUIVI R1DER--Single Family--Fannie 1VIaelFreddie Mac UiVIFC3Rl11i �NSTRUMENT <br /> Fvrm 3'i 40 '�ln"I �Pag e �of 2� <br />