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2� 17�� 145 � <br /> Borrower sha�1 gi�e Lender prompt no�ice of any lapse in required property insurance co�erage pro�ided <br /> by the master �r bl anket p�l icy. <br /> �n �he event of a d�stributifln of prop�rty insurance proceeds in �icu of restoration or repa�r follnwing <br /> a loss to the Properzy, whether to �.he unit or to common elements, any praceeds payable to Barrower ar� <br /> hereby assi�ned and sha�l be paid to L�nder for application to the sums secured by th�Se�urity�nstrument, <br /> wh�ther or not then due, with the excess, if any, paid to Barrow�r. <br /> �. Pub�ic Liab�i�ty lnsurance. B�rrower shall take �uch actions asmay b�reasonable to insure <br /> that the �wners A.�sociation maintains a public �iabi�ity insurance paiicy acceptab�� in form, amount, and <br /> extent nf co�rerage ta Lend�r. <br /> D. �ondemnation. The prace�ds c�f any award or claim for dama�es, direCt or consequential, <br /> payab�e ta Bor-r��wer in connectic3n with any�ondemnati�n or other taking nf all or any part of the Property, <br /> vvhether c�f the un�t ❑i-of�he cc�mmon el�ments, c�r for any can�eyance in lieu nf condemnation, ai�e hereby <br /> assigned �nd shall be paid ic� Lender. Such praceeds shall be app��ed by Lender to the sums secured by the <br /> Securi�y Instrument as pro�ided in Secti�n 1 1. <br /> E. L.�r1d�r's Pr�or�onsent. Borr�wer sha�l nUt, except after natice ta Lender and with Lender's <br /> pr inr w��it�ei� c�nsent, either partiti�n �r subdi��de the Property or consen� to: �i} the abandonment or <br /> te�•mination of the�o�7dominium Projeet, ex�ept for abandonment or termination required by law in the case <br /> of s�ibs�antiai destructic�n by fire or other casualty or in the case of a taking by cnndemnation flr eminent <br /> ' domain; �i�}any amendment ta any pro�ision c�f the Constituent Documents if the pro�isifln is f�r the express <br /> benefit of Lender; �iii} termination flf professianal mana�ement and assumption of self-management of the <br /> awners A.�saciati�n; ar�i�}any acti�n which wauld ha�e the effect of rendering�he pub�ic liabi�ity.insurance <br /> coverage maintained by the �wners Association unacceptable to Lender. <br /> F. F�emedies. If Borrower does not pay condominium dues and assessments when due, then Lender <br /> may pay them. Any amounts disbursed by I�ender under this paragraph F shall become additinnal debt of <br /> Bni�t-awei�s�cured by�.he Sec;uY-ity Instrument. C]nless�3orrower and Lender agree to othcr terms of payment, <br /> these amo�ints shal� bear intere5t from the ddte of disbursement at the I�ote rate and sha�l be payab�e, with <br /> interest, upan not�ce fram Lender to Borrower requestin� payment. <br />, <br /> MULTISTATE C�ND�MINIUM RIDER Doc�+l�glc � <br /> Fanni e Mael Freddi e Mac U N I F�RM I N STRU MENT w w w.docrnagic,com <br /> Form 314fl 1101 Page 2 0� 3 <br />