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200102764 <br />AP# BASS, DL1 GI <br />LN# 1102206 <br />D. Condemnation. The proceeds of any award or claim for damages, direct or consequential, <br />payable to Borrower in connection with any condemnation or other taking of all or any part of the Property <br />or the common areas and facilities of the PUD, or for any conveyance in lieu of condemnation, are hereby <br />assigned and shall be paid to Lender. Such proceeds shall be applied by Lender to the sums secured by <br />the Security Instrument as provided in Uniform Covenant 10. <br />E. Lender's Prior Consent. Borrower shall not, except after notice to Lender and with Lender's prior <br />written consent, either partition or subdivide the Property or consent to: <br />(1) the abandonment or termination of the PUD, except for abandonment or termination required <br />by law in the case of substantial destruction by fire or other casualty or in the case of a taking by <br />condemnation or eminent domain; <br />(ii) any amendment to any provision of the "Constituent Documents" if the provision is for the <br />express benefit of Lender; <br />(iii) termination of professional management and assumption of self- management of the Owners <br />Association; or <br />(iv) any action which would have the effect of rendering the public liability insurance coverage <br />maintained by the Owners Association unacceptable to Lender. <br />F. Remedies. If Borrower does not pay PUD dues and assessments when due, then Lender may pay <br />them. Any amounts disbursed by Lender under this paragraph F shall become additional debt of Borrower <br />secured by the Security Instrument. Unless Borrower and Lender agree to other terms of payment, these <br />amounts shall bear interest from the date of disbursement at the Note rate and shall be payable, with <br />interest, upon notice from Lender to Borrower requesting payment. <br />BY SIGNING BELOW, Borrower accepts and agrees to the terms and provisions contained in pages 1 <br />and 2 of this PUD Rider. <br />c ky <br />L Basss - - Borrower <br />(Seal) <br />- Borrower <br />(Seal) <br />- Borrower <br />MULTISTATE PUD RIDER -- Single Family -- FNMA /FHLMC UNIFORM INSTRUMENT Form 3150 9/90 <br />ISC /CRID* *//0195/3150(0990) -L Page 2 of 2 Revised 8/91 <br />