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LOAN #: 012131559 <br />D. Condemnation. The proceeds of any award or claim for damages, direct or <br />consequential, payable to Borrower in connection with any condemnation or other <br />taking of all or any part of the Property or the common areas and facilities of the PUD, <br />or for any conveyance in lieu of condemnation, are hereby assigned and shall be paid <br />to Lender. Such proceeds shall be applied by Lender to the sums secured by the <br />Security Instrument as provided in Section 11. <br />E. Lender's Prior Consent. Borrower shall not, except after notice to Lender and <br />with Lender's prior written consent, either partition or subdivide the Property or consent <br />to: (i) the abandonment or termination of the PUD, except for abandonment or termination <br />required by law in the case of substantial destruction hyfire otothatcasOakyorinthetase <br />of a taking by condemnation or eminent domain; (ti) any amendinentlaany pt:oviSton ofthe <br />"Constituent Documents" if the provision is forthe ixptess'beneftt;of Lender; (lit) termination <br />of professionalmanagement and'asssumptionf self - management of the OwnersAssociation; <br />or (iv) any action which would have the effect of rendering the public liability insurance <br />coverage maintained by the Owners Association unacceptable to Lender. <br />F. Remedies. If Borrower does not pay PUD dues and assessments when due, <br />then Lender may pay them. Any amounts disbursed by Lender under this paragraph <br />F shall become additional debt of Borrower secured by the Security Instrument. Unless <br />Borrower and Lender agree to other terms of payment, these amounts shall bear <br />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 covenants <br />contained in this PUD Rider. <br />STEVEN A`COLLFSTER <br />SWIRLED' A COLLTSTER <br />Initials: <br />MULTISTATE PUD RIDER -- Single Family -- Fannie Mae /Freddie Mac UNIFORM INSTRUMENT Form 3150 1/01 <br />Ellie Mae, Inc. Page 2 of 2 F315ORDU 0115 <br />F315ORLU(CLS) <br />09/19/2017 01:14 PM PST <br />201706392 <br />1 (Seal) <br />DATE` <br />( ! ,�2,s .(Seal) <br />DATE <br />