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LOAN #: 012132385 <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 t he common areas and facilities of the PUD, <br />or for any conveyance in lieu of "condemnati are hereby assigned and shall be paid <br />to Lender, Such proceeds shall ;be applied by Lender to the sums secured by the <br />Securii 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, ; elttt er partition or subdivide the Property or consent <br />to: (t) the; bandonrrlent or t e r mination of the PUD,, -ex� cept for abandonment or-termination <br />u red law in ate of substantial destruction ,by ire or other casualty or in the case <br />of a tami by °condemn iation'or emine <br />"d { : any amendment to "airy provision of the <br />' Constitueltt Documents" "i#.ihe p rovision is #or t express l neftt of Lender; (iii) termination <br />of ro #e sittnalmanagementanda managementof theOwnersAssociation; <br />or (iv) any "wh <br />' action ich would have the effect of rendering the public liability insurance <br />coverage maintained by the Owners A ssociation unacceptable to Lender. <br />F. Remedies. If Borrower does not pay PUD dues and assessments when due, <br />then Lender may pay them. Any am ounts 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 />L AURA M ERICKSON <br />201 70697b' <br />l41 r-/ /7 (Seal) <br />DATE <br />/Q — /3 — ( c 7 (Seal) <br />DATE <br />Initials- <br />�C� '6771e <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 />10/11/2017 08:21 AM PST <br />