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202603435 <br />5110552627 265595654 <br />conveyance in lieu of condemnation, are hereby assigned and will be paid to Lender. Such <br />proceeds will be applied by Lender to the sums secured by the Security Instrument as <br />provided in Section 12. <br />E. Lender's Prior Consent. Borrower will not, except after notice to Lender and <br />with Lender's prior written consent, either partition or subdivide the Property or consent to: <br />(i) the abandonment or termination of the PUD, except for abandonment or termination <br />required by law in the case of substantial destruction by fire or other casualty or in the case <br />of a taking by condemnation or eminent domain; (ii) any amendment to any provision of <br />the Constituent Documents unless the provision is for the express benefit of Lender; (iii) <br />termination of professional management and assumption of self -management of the <br />Owners Association; or (iv) any action which would have the effect of rendering the public <br />liability insurance coverage maintained by the Owners Association unacceptable to Lender. <br />F. Remedies. If Borrower does not pay PUD dues and assessments when due, then <br />Lender may pay them. Any amounts disbursed by Lender under this paragraph F will <br />become additional debt of Borrower secured by the Security Instrument. Unless Borrower <br />and Lender agree to other terms of payment, these amounts will bear interest from the date <br />of disbursement at the Note rate and will be payable, with interest, upon notice from <br />Lender to Borrower requesting payment. <br />BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in this <br />PUD Ride <br />— BORROWER — BRIAN M LEE <br />MULTISTATE PUD RIDER- Single Family -Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />01 25439.6 Form 3150 07/2021 <br />Page 3 of 3 <br />i <br />. I <br />