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201800367
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Last modified
12/9/2019 6:09:11 PM
Creation date
1/18/2018 3:49:30 PM
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DEEDS
Inst Number
201800367
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E. Lender's Prior Consent. Borrower shall not, except after notice to Lender and with Lender's prior <br />written consent, either partition or subdivide the Property or consent to: (i) the abandonment or termination of <br />the PUD, except for abandonment or termination required by law in the case of substantial destruction by fire <br />or other casualty or in the case of a taking by condemnation or eminent domain; (ii) any amendment to any <br />provision of the "Constituent Documents" if the provision is for the express benefit of Lender; (iii) <br />termination of professional management and assumption of self - management of the Owners Association; or <br />(iv) any action which would have the effect of rendering the public liability insurance coverage maintained by <br />the Owners Association unacceptable to Lender. <br />F. Remedies. If Borrower does not pay PUD dues and assessments when due, then Lender may pay them. <br />Any amounts disbursed by Lender under this paragraph F shall become additional debt of Borrower secured <br />by the Security Instrument. Unless Borrower and Lender agree to other terms of payment, these amounts shall <br />bear interest from the date of disbursement at the Note rate and shall be payable, with interest, upon notice <br />from Lender to Borrower requesting payment. <br />BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in this PUD <br />Rider. <br />(Seal) (Seal) <br />Derek J Apfel - Borrower - Borrower <br />IDS, Inc. <br />MULTISTATE PUD RIDER - Single Family — <br />Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />Page 3 of 3 <br />201800367 <br />Form 31501/01 <br />
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