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201903878
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Last modified
12/9/2019 6:39:04 PM
Creation date
7/3/2019 11:13:18 AM
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DEEDS
Inst Number
201903878
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0401903878 <br />LOAN #: 17652 <br />(i) the abandonment or termination of the PUD, except for abandonment or <br />termination required by law in the case of substantial destruction by fire or other casualty <br />or in the case of a taking by condemnation or eminent domain; <br />(ii) any amendment to any provision of the "Constituent Documents" if the provision <br />is for the express benefit of Lender; <br />(iii) termination of professional management and assumption of self-management <br />of the Owners Association; or <br />(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 <br />bear 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 />MULTISTATE PUD RIDER - Single Family/Second Mortgage - Fannie Mae/Freddie Mac <br />Form 3150 9/90 Amended 8/91 <br />Ellie Mae, Inc. <br />Page 2 of 2 <br />UNIFORM INSTR ENT / <br />Initials c <br />SLR 0612 <br />GPUDSLL (CLS) <br />06/24/2019 01:13 PM PST <br />
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