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2� 1 ��7751 <br /> P�.....A�TN�D ZTI�TI� D�V�L�PIV�[�I�T'� �ID��.. <br /> TH1S PLANNED UNiT DEV�LDPN[ENT F��DER is made this l$th day af <br /> No��mb�r �41� , and is incor�vrated �nto and shall #�e <br /> d�emed to amend and supp�em�nt the Mortgage, �e�d of Trust, or �ecurity Deed �the <br /> "S�curity �nstrum�nt"3 of the same date, gi�en by the unders���aed �the "Borrower"� to <br /> secure Borrvwer's Note to Flome Federa� Sa��ngs and Loan A��� of �rand I sl and <br /> 4tne "L�nder"} of the same date and co�ering the P�operty ��scribed in the Security <br /> �nstrument and lo�ated at. 17�2 Ra�nbvw Rd <br /> �rand Is�and, �E �88D1 <br /> [Property Address� <br /> Th� Pra�erty �ncludes, �ut �s n�t ��mited to, a parce� af land i�pra�ed with a dwell�ng, <br /> together w�th othe� such par�els and certa�n common areas and fac��ities, as described in <br /> Declaration of Co��nants, Conditions and Restri�tions of the her�in named <br /> home�wn�rs association and any amendments hereto. <br /> �th� "Dec�aration"}. The Praperty is a �art of a planned unit de�e�apment knovirn as <br /> Rainbow Lake <br /> [Name of P�anned Unit De�elvpment� <br /> �the "PUD"}. The Property also includ�s Borrower's �nterest in the �omeown�rs assaciatian or <br /> equi�a�ent ent�ty owning �r managing the comman areas and facilit'res of the PUD �the <br /> "�wners Assoc�ation"} and the uses, benefits and pr�ceeds of Bor�ower's interest. <br /> PUD C[]VENANTS. �n additivn tv the cv�enants and agre�ments made ir� the ��cur-ity <br /> Instrument, Borrower and Lender fu�ther co�enant and agree as fallows: <br /> A. PUD �h�igations. Bor�owe�- sha�� perfvrrn all af Borrawer's �b�igatians under the PU D's <br /> Constituent Dvcum�nts. The "Canstituent Docum�nts" are the 4i� Dec�arat�an; �i�� articles of <br /> �ncv�rpo�ation, trust instrum�nt or any equi�a�ent dacum�nt wt�ich cr�ates the �wners <br /> Associatian; and ��ii} any by-laws or vther rules or regulations of the �wners Assvciat�an. <br /> Barrawe�- shal! promptly pay, �rvhen due, al� dues and assessments �mposed pursuant tv the <br /> Constituent D�cum�nts. <br /> MULTISTATE PUD R�D�R - Sing�e Famify - Fann�e Ma�lFreddie Mac UNIF�3RNt �NSTRUN�ENT <br /> Form 3't 5� �1[31 <br /> W��t�rs Kluw�r Financ�a[ Ser�ices Page � of 3 lnitia�s: <br /> VMPa-7� ��8��} �' <br /> w. � <br />