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200006625 <br />C. Public Liability Insurance. Borrower shall take such actions as may be reasonable to insure <br />that the Owners Association maintains a public liability insurance policy acceptable in form, amount, and <br />extent of coverage to Lender. <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 />whether of the unit or of the common elements, 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 the <br />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 <br />prior written consent, either partition or subdivide the Property or consent to: <br />(i) the abandonment or termination of the Condominium Project, except for abandonment or <br />termination required by law in the case of substantial destruction by fire or other casualty or in the case of <br />a taking by 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 condominium dues and assessments when due, then <br />Lender may pay them. Any amounts disbursed by Lender under this paragraph F shall become additional <br />debt of Borrower secured by the Security Instrument. Unless Borrower and Lender agree to other terms <br />of payment, these amounts shall bear interest from the date of disbursement at the Note rate and shall be <br />payable, with interest, upon notice from Lender to Borrower requesting payment. <br />BY SIGNING BELOW, Borrower accepts and agrees to the terms and provisions contained in this <br />Condominium Rider. <br />(Seal) <br />JAV N. HOGELA'Nf Borrower <br />_ (Seal) <br />Borrower <br />_ (Seal) <br />Borrower <br />i <br />Seal) <br />GAYLE iC HOGELAND Borrower <br />— (Seal) <br />Borrower <br />_ (Seal) <br />Borrower <br />MULTISTATE CONDOMINIUM RIDER - Single Family - FNMA/FHLMC UNIFORM INSTRUMENT Form 3140 9/90 <br />Document Systems, Inc. (8W) 649 -1362 Page 2 of 2 <br />USC2. RDR <br />