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201801345
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Last modified
12/9/2019 6:14:49 PM
Creation date
3/5/2018 3:18:30 PM
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DEEDS
Inst Number
201801345
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LOAN #: 012133065 <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 ail or any part of the Property or the common areas and facilities of the PUD, <br />or for any conveyance In lleu,;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 . p rovided In, Section 1. <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 PUP, except for abandonment or termination <br />required by law in the case of substantial destruction byre or other casualty or in the case <br />of a taking nt condemnation or eminent domain; { it).an yamend ment.to, any provision of t h <br />Do u r e <br />"Constitueents" if the provision is for the express benefit of Lender, (Iii) termination <br />of professional management and assumption of self - management of the OwnersAssociation; <br />or (lv) any action which would have the effect of rendering the public liability insurance <br />coverage maintained by the Owners Association unacceptable to Lender. <br />FRemedies. 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 ayment, these amounts shall bear <br />interest from the date of disbursement at the late 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 the PUD Rider. <br />Zvi <br />CYNTH J MIZNER <br />Initials. <br />MULTISTATE PUD RIDER -- Single Family -- Fannie Mae /Freddie Mac UNIFORM INSTRUMENT Form 3150 1/ <br />Ellie Mae, Inc. Page 2 of 2 F3150RDU 0115 <br />F315ORLU(CLS) <br />03/01/2018 09:27 AM PST <br />3 -Z -I (Seal) <br />DATE <br />,1�g• (Seal) <br />DATE <br />201801345 <br />
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