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`�yr:-w+�trt�i��a.ri»p�rs�m�e+�anA�.=_rr✓-r^^a.wa+�n�r•-w�-..e ..wr. . -' �'�"c .....-��_ .-.�. r.,...- - ..�.�...... ��. ., f-. _.. ..i i... ...-- .... .�.v �..c. ..� n .. . .. . . .. <br /> � 2� 1 ��79�5 <br /> � <br /> A.P�abli�at�ans.Bflrra�er sha11�aerform aI.I of B�rrower's o�al.i.g�.tzons ur�der the PU]�'s Cons�tuen� <br /> I]ocu.n-��n��. The "�an�titue�.� D�cuments" are �h� �z� De�larat�on; �ii� az-��c].es �f�nGor�aratxon, t-rus-� <br /> instrument ar any�quiva�ent do�ument�vhi�h�rea��s the��ners Asso�xatian;and�ii�i�any hy-Ia�rs❑r af�Zer <br /> rules �r regu�a�xans af�h� �wners Assacza��nn. BarrQ�rer sha�l. promptly pay, wh�n due, aJ.I dues and <br /> ass�:��menfs�mposed p�rs�xan�to th��ons�i.tu�nt I3acuments. � <br /> B. pX�pex�ty In.suranc�. �o �ong as th� {�wn�rs Assacxa�zan m.ain��.i.n.sy wx�h a g�nera�.y acce���d <br /> . �n.suranc�carrier,a"mas�er"c�r"bl.anke�"p�o�.zcy x�uring the Propext��hi�h a.s satisfactoxy fo�nder and <br /> wh�.ch�rovic��s insurance caverag�in�h.e arn�unts�in�l.ud.ing��duct��b��I.��e�s�,fa��he penods,and agains� <br /> Iass by fxre,ha.zard�in�Iude�wi�un fhe�erm"��,tezzded Gove��g�,"and an��ther hazards,�.n.clud�ng,but no� <br /> Xxrnz��d fa,��hquakes ax�d flt�ads,far v�hze�Lender requ�ares�x�.surance,fhen:�i.�Lender waives f�.e pro�i�xon <br /> i.n Sectian 3 for t�.e P�rio�ii.c Paymen�t�Len�l�r❑f�he yearly premium installments f�r prt�p�rty insuranc�an <br /> the Propex�y;a�nd�zi�Borr�werys ah�.xgati�n under�e�t��n 5�a maintaix�.�r�pez-�y ins��ce coverage on�he <br /> prQ�erty is�.e�med sa��sf ec��o the extent f.ha�th.e requi.red ca�erage xs prov;��ed by�he�wners Asso�zat�on <br /> pa�.icy. <br /> Wha�Lender requ�r��as a cflndi.#�on af this wa.i�e�can change during th�term o��he 1Qan, <br /> B orrower shal�g�ve L�nder�aramp�nvtic�af�n�xapse in requxr�d prapex�ty ansurance cavera�e pravir��d <br /> �y�he mas��r or�l.anke�polxc�r. <br /> �n�.e ev�nt of a dxstributian�f��rapex-�y�r�.suran.ce�roc�eds in lzeu a�restQratxon�r r�pair fa�lowi.ng a ' <br /> loss�o�a.e groper�,ox�a commQn ar�as and faciliti�s of�h�PTJ�, any pro�eeds payah�e�o�arrower are <br /> her�by assxgned an��h.a�1.be pax�t�L�nder.L��xder shall apply�e�rviceeds ta th�sums secur��.���he <br /> Security Ynstruxxl��.t,whe�Ia.er ar no��hen�iue,�v��h the�xcess,Yf a�.y�,�azd ta Lorrawer. <br /> C.1'ublic I�i.�biliiy Ins�xranc�.B�rrawer sha.X.1 take s�ueh a�fions as ma.y b�reasanabl�t�ins�.re tha��� <br /> ��vzxers.A..ssaciati.axz mai.ntains a pub�.xc lia�i.�.ity i.nsurance po�.�cy accep�able zn�arnrx,axr��unt,and�x��xa�❑f <br /> cov�rage��Lend�x, <br /> I].�andemnation.The proceeds of any aw�r�oz claim for damages}dzrect or conseq�xen�xa�,payabl.e�a � <br /> B�rr��v�r in co�.za.�ctxon�vvith any condemna�i.on�r a�h.er�a�ing of all. or arx.y par�of the P�o�erty�r�he <br /> �omrnon axeas and facilxties of the PU3],ar for an��onv�yan�e in�.zeu�f con�ernna��n,are hereby as�zgxxe� <br /> . and shal.l.be�axd f4 Lende�r. 5�xch pzo�e�ds shall be appl.ied by Lender��th�sums secured by the Secu�.�y <br /> Instrument as pravxd�d i.n�ecf�.flr�1.�._ <br /> E.Lead�r's Pri�r C�nsen�B�rrauT�r shall no�,e�ce�t after na�zce ta Len�er�nd�r�th Lend�r's pn.or <br /> wri�.ten e�nsenfi,ei�ier par�ititin or subdivide�he�roperty�r cons�xxt�o:��.��ie abandanmen�or�ernxirxa�ian af <br /> �he P�CTD,e�cept far�.baudonmen�or�ernairxatxon required�y law in th�cas�of subs�an.t�al dest�u��ion by fu-e <br /> �14ULT�STATE PU�RIaER-Single Fami[y-- Fo�m 3���1D� <br /> Fannie Mas1F��ddie M�c UNiF�RM���T�UME'NT <br /> Fa�e�of 3 <br /> �Qs,in�, � BaRawer{s}lni#�als � <br /> - � <br />