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<br /> ��3G A«�SSF:::- ,.
<br />�� �' T'he�rap�rty includes,but:is not limited to,a parcel of land�anpmved vrith a dweAing,eogether�vith other sac�t
<br /> ° �� parcets and certain common ac�eas and faciliHes.as described in Agreement for Protective
<br /> � �;�:� _.,:<.•• Covenants and Restrictions to Riverside Acres twe"�ctar�rinn")• �.__
<br />�:' °, � : Tfie pmpetty is a part of a plaaned tmit tt�vetopmeat�ntvtt as . . . .
<br /> • � . . _Repl at af.��ra�o�t���aa�i��Ad��°� .
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<br /> � (thQ'•PiID"). The Property a7so-inc�udca Boiro�ye�s in�erest-in tiio-liofricowrte�s-ns§ociutton;or c.quiv�tcnt� �
<br />-- � entity awning or managiog the camman nre�and tacilitiea oP e0e PUD(the"�wnere Assoeicufon"►aatt�d t�e uses�
<br /> ' , � benefits and procceds ot Borrowcr's iatcrest. ' � ' �
<br /> . .:.
<br /> �� ��'`�:'�"}''° � � PUD COVENAN7'S. in addition to the covenants �nd agceements made in tDic Securlry in�ttument. _--
<br /> '�� ` t���,:�~ - � BQrrower Arad l,ender furthcr cavenant and.n rt�as taftau�s:-- - - ---- .. ` ..
<br /> _..- - - __ .
<br /> � r� ,�pr`���i,= A.IPtTD!)b�t tiom. Borro�vee shafl a orm t�ll of Baaawer's obli ons undsr tht PUD's Constitue�t
<br /> _`� -�-y 1'`'�°.. � � � �j --
<br />-;,z:'t'; _���,.�,i,-��i:-;�.'•;.:;;C..:r . Daaimenu.77ee'•Constituent�acuments"are th4:(i)Drslaration:(ii)artictes of iasoipor2tion,ttu5t iastrumeat =-=_
<br /> - �T,�����;'�,Er�ff..�', or any equivakn� doeument whtch cceates the Owrtsrs Association: arsd (iii) any by-lawa or ot&er ruIes or _-
<br />- , .,��.�,��� � -� icgnlations of the Owr�rs Association.Borrower shall pmmP�Y P�Y�arden dae.all daes an�assess�rnts imposed
<br /> . ;;�,4„• pursuant W ihe Comtituent Documenu. v.= -
<br /> , ,'��;:;�.;: . . B.Ha�rd Iasmran�e.So long�the Owners Association maintains, with a genetally aooepted iasaramce
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<br /> _ '� � wrrter,a`•master•,or••blanlcet"policy insuring tht Property which is satisfzctory w Leader and w6�ie6 provides �`"°
<br />_ ;'f.°';:'• : . ia9vsaace oaverage in the amounts,for the periads,and against the hazards leader reyuires. iactud"mg fue amd - -_`
<br /> r, '�. ':.. �Zards inctIIded vrithin the term"estende�aoverage;'the»: '�'"'`�•••�•��
<br /> ' :;i � (i) Lerndei aaives the provisiQn in Uniform Covemnt 2 for the monWY payrnent w Lenderr of ``f,���i,���
<br /> '?�'°�:�,`;�;;� o�re-twelftP�of the yet�.y premivm installments fos hara�rd insuranoe an the Pro�+•and n j;}-
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<br /> ;�, :: � • �i1 Bori%.We;'s obliga�ion �ader Unifarm Cover�an3 S to mazn*ain h�rd ia�r�ce covera�e on t '��,,,��.
<br />_ � !:'`' Ga. c� '�y is deeMed satis�fre�!Y�.�'�n��xtent tte�t,the require�ooverage is prat+iQed by tk�Oa+ne�s Asso�ia�an ... '
<br /> � :lc� � ',� r: -
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<br /> . '�;1`��,����}���j, � ";;�. �Ormwer shaL give:Lender.r��npt nociec 4:any lapse in req�ired 2��:insurance coverage pmuide�by ��'�rs�� - -_
<br /> "« }���x{� r . the ma.ster or blasilcei'palicy- ; - '..�:.., : ��J�,,,'�1�hi:_
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<br /> ��`!� �r �' % � I�t�e event o�a;distributioa p4 fiazard insurance praceeds in lieu of resroration os r�.p�air following a loss to ;��,:•,,, °--
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<br /> �?-: �i�.•. �• '� t h e P r o�e rt y o r t o�a m m o n a r e a s a n d f a c i l i t i e s o f t h e P U D,an y p r o c e e d s p a y a b l e t a B o r r o w e r ar e h e r e b y :,.;5,f,,,., ;�:----
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<br /> `'�t��y1,{;y�p,;�• • ..>�' assigned and sha}2 b�p�id to I.ender. Lender shall apply the proceed.4 trn u;e sums secured by tfte Security �;1��5;{',`{;�, '`
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<br /> . ...�,���f�,:.�t„;�.. .� ' °.•� Instrument.with aa'y Exo�ss paid Lo Borrower. . �};.AE{,.1�.,�,.�;�.„�-
<br /> � f�c,t4 . C.PubfEc Liablthy Ias�ecance. Borrower shall take such action�as rr:�y be reasonable to insure that lhe +,�;A,�y�;��, "�`-'�
<br /> ��..I . • • f�t(7s. � `, ,�iiiy-_
<br /> .>:'' -... Ow�:srs 'Assoeiation maintains A.public liability insurac�ce poliry acceptable in form, amount, artd extent of = ,� __
<br /> . coverag�ta Lender. . .,•.;,. '� }.`s�j''
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<br /> ' �'':• MULTISTATE PUD P11pEFi-Single Family. Farn3la RJlee�+re�de Mae tJNffOAM ItW"T�tTil'MENT fmrn 3f�5J 9190 '"t" "__.
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