|
'F t,a ' ' - r' �}: . -� <��.
<br />� � �}. - �c � - .. ^ . � � c_ G , r � r 1 t a i .. �,j `4 �„ __
<br /> Y�r.=�`,�..,,• . – � 'L _L s.. � �4 7 .: • � ` {: 4�` . : ; '� ��ni�'�iit..r.�x"'_u—
<br /> .. � t �., . .,, �, . � if. ' ._ ! . j�1 � ___
<br /> f L � f�tiry
<br />- -!� .�.� r . - �.r "� ?'..�� 4� . - .�,ti�ir rc. � :y ..iZ'F ',� _ r�,i_��j�n ,...,,.�,��,,:,, � _
<br /> C .���- Y .�.,.:A." .t� r,� ..�,' .. �,F t, - . ., �,.-. _ .5�.�_ �t7F�rrr.�»� — �
<br /> 'r" r_,ri4 rx --
<br /> � ,��� 'i_ . . . � • ' �T ---
<br /> . V�I , , G.��'�
<br /> �, 4it� . :x � - � �t�ra�� uN�� ���.o����r �t�� ;�4���9��, �- _----
<br /> ��� �u: . � � '. . � � _ _ . . _�-- -�-.---
<br /> TH13 PI�iP:�UNR 0E1tF30PMENf�RIDER I�made thi.s 8th_�dtY ot t�Yoviem�sr .1994 . � �`� -
<br /> � �° a n�E s l n c c r y o r a t e d Urco e�d aha8 Ge deened to emend and euDPtart:ent the Matgage,�etd ot T�ust ar.Secu�fiy'Reesi�e . �_�_��
<br /> . .�' • . •geqirRy tnsu�nnent')�at the eame Q�d�, �n bll<the undmsig�mY (4ha •8oaower) W seaaa �ar�a�'s Hate to _'=° _
<br /> • � � ` � 'Ths�nrtand Nationas BaRk ot t�Tnrf� tsl�nd A�nft�d S4atqs Cor�oora�Ion �-------.
<br /> n
<br /> �• . .. • (the'lender�of tne serl��date and cave�g tho P��ty Qescr(�..�d b ttte �-;--T`°"-
<br /> _ , , ge�fty Ins�ument e�wf iocated a� � , _ -_---
<br /> � •.���_�.•:�_ . � o darasa Dri nd 1�Imnd aD aska 58803 � ----
<br /> _ ._ :r . [F+ocerar . _—. -.
<br /> t:�,.' � • < .
<br /> .YAe PtopertY hteWde�.�u!(s not fur.iL�d to.a par�cel a!tamd(�roued wftA a dtre�ng.tog�ther ar�other sucfi paQe�end , _
<br /> . , . �n co�r,man areas enA tacl&tIas.aa de.sa�ed tn Bestrietiee t'ea�enaats amd Caaaitivus filed = -
<br /> t �: �� �—ia-�a � no�. #92-105288 and BiPd�t to Lie.n bY the Faaderosa I�1ce Sstates
<br /> . . . ' S��yisinn gn�eavneas A±?SOC fited 11-21-91 as Doc. #91-107868 .
<br />-_ . - ,
<br /> �• . "(, . . tthe'aecteratton`I.Tt�e PcoR�►�P�eros LaYe Fs�S bd visiaa '
<br /> . , , .. . . [niame ot cuumeo- 't oevecapmetal _
<br /> . - , (the•pUph. The Raf�rtY aiso In�des Bortow�'s u�t�est§�the h�eowne�s essocta9on or equN�t�st e�►e+min8 ot .
<br />. , managtng the ootturtar�erms end� af the PUD(the'ewners Assoctatlon��d ttre uses.b�tel�a ar►�!prac�s o! .
<br /> , . ' Botrows's U�terESt
<br /> -. . PUD OD1t'ENA[yT$. tn ad�tian to ths cov�ants end a�eesnsrts maQe t�iha SecurKyt tnstrwne�Bes�owe►and •
<br /> ` • LerQec ftath�eevenattt and a�as toHaws: . �• .
<br /> f., : •,�� .:. i1. PUDOBUOA'i'EONS. Borrawer sha9 petarm eD oi Bmr�der's obII�ions tind� LRe Pi1D'a Const�:�^:t• .
<br /> „
<br /> -. ..
<br /> _,. , ,.,.
<br /> - .- ..---.__.,_.-,,.: . . . _ DocumeQts..1Re,_'Const'r�etrt_DaaQnerds'.are the: (� Oec�on: th7 aAtdes of irtcorpowtion, treist(nsIIVrndct ar�4�.
<br /> � , equivafeit doamterit whtct�aeates tha Ownes Assoi�atioii:and G�ettY tiy�ax�or�other ndes ar regu9dIa�ts a!tlse Owar�[s. .
<br /> AssoclatIon. Borsowe� sha0 prompSy pay. when due. eSi dues and assessma�ts krt�ased pursuant to the CortsL7usif � —
<br /> Oacumenb.
<br /> � B. aIAZA4�D IFfSURANCE. So Iong as the Owners Assadation msLrtatna,wRh a g�sa8y ac�pted tnsttrarsce
<br /> . • • c�rt�,a '�st�" or'bfankel° Po4�Y tnsudng t�e Property wNch [s s�rtisfacta�Y to Lender t�►d whlch PROVides inswu�r.a .; , -°
<br /> . .• . . ccs�ge 1n the ameunts. tor.ihe pertod9. endl agalnsl•tise h�ards Lender requtres. tn�9 5ce attd it� indu�d -
<br /> ,,, y,�;., . wahh!tRe lelm'�ended coVelBge'.thm: • � --
<br /> ,;�r�f5::"'�, ��. . ' n t,ender wahres the ptavlsEon In UnNorm Cavenant 2 for the mo�Ahty paymml tq Lender of the yeety prertd�m' ��_._,
<br /> i�-r• - --
<br /> :�i%t,'??Fi�r.e%;i'� ': It19C916A�rt9 f4i h8�r+d G1Si1leI1C9 m1 th9 PtOp�ly,ettd ' - —
<br />-.."�t'.,1:?`C`.,.•:.r.
<br /> ,, ; .•,s6��u,>f; ; '�' (� Botrower's obU�tion undc�Unitorm Cnvenmrt S to rna�hazard ins�uanee car�age on tite F[apeRy ts deemed
<br /> . ..• rc,ri,ff'•�t '• saUsflEd to the m¢etl that Me requ�ed covetape ts pnavtded by the Wmers Asso 'r�ttlon po9�y. - ----
<br /> . . ��;?3;���'1�. •Borrower sha9 give i.enQ�pmmp!notice of erry tapse in spqulred ha�cd tnsurance ce►�age pro+rtded by the msster.wr - --
<br /> blanket po�cy. � '� '_.:
<br /> . tn the everrt ot a d�stributlon of hezard insurance pmceeds tn Ueu oi restoralton or repait foIIo�Mg a loss ta Qtre;
<br />_. � . PraPertY. or to ca�unon areas end fa�ttes of tha PUD.+ug►Proceeds Paya�te to Borrawer sre h�elry assi�ed ertd a!s&D. "�'
<br /> � • � ' �e pald to Lendet L.enQer shall ayaly tt►e proeeeds to the sams sec,�red Ly t1e Sewrity tnsWmen4.wRh�y 2xcess{�! , . � _ � .
<br /> � � . ..... .. U1s$t3ifalnret .• • ., :z,�,
<br /> �. PUHUC LIAB1L1454 i2ISURANCE. Barrower shail raice sucA acuons�erar,f be reasonabte to Ins�se.tita�-. .
<br /> � .. .. tfte O.mers AssadaUon mairrtaSns a pubile AabIl�y insuranca poQCy acc�ptal�te tn terrs mmucR.and e�G�t of cave�..��Us
<br /> . lertd�
<br /> . . � D. COHDEMNAYIAN. 1he proeeeds of em► awar�d m ctatm tor �ac�es. �d or wnsequec� PaY�te to . ,-p.,, -
<br /> . . � Bortow�In connecttcn+�th an1►condemnation or ather tatdng of aA or a�/fiact af ihe FraQerty or the cer,unon ar�s end �-
<br /> � •� " • facflRtes of the PUD, or tor ariy comeyance tn Qeu of condemnaYon, are ft�eby essi�ed end shall trs paid to L�der. �_�_
<br /> � .. ' _ ' • S�rrh pmceeds shaf!be epp9ed by lender Lo ffie sums seaued by the Searfry Instnrtne�r�provided fn UnHortn Coe�rt -•�__
<br /> • � . 10. '
<br /> • �� E. LENDER'S PAIOR COHSENT. Borrower sha11 not, except after notiee to lender and Nrith t,�der's pr�sr . • � ,.,,��`�.egi��
<br /> � �., wftte�consenf.�ther partfl[on or subdivtde tha Properry or consa�t to: ' • - _—=,-
<br /> " ' � the e�i^i:d011111Crtt 0�t+rtNtl$UOtt O1 th9 PUD�exeEQt tolBbelid011RSUltt 0�te�mUlBflflA r8qtd[2d by LY.t►61 the Cese 01 . � rri —
<br /> ' � subs�nlR�1 destrucdat�by fire or other easuatly or(n the cass of e ttiidng by condemnaUon or�r�t damafi: - ��'"
<br /> � � �. (� an}/ amendmerR to �y pmviafon ot the 'ConstEuent Dowments' H the proVlsion is foT the e�resh be�e5t af . � '�����
<br /> . . Lendei: . •�-' ' °
<br /> . . .,,Y�.:�sn
<br /> '. (� teminaUon ot prof�sional management end assumptton of se#-management o1 the Ovmers AssociaUon:or •. .,�.'' .- ,.
<br /> _- (Ar) eny sction which would have the effecl of rendertng the pebUo QabiGry insurance coverage matnOained by 'the . ''�'�`
<br /> _ � • Owncrs Assadatton unacc�tahte to Lender. y�� �`� '��
<br /> ". � � � � : • F REMEOIES. it Borrowe+r daes oot pay FUD duQS and assessmertts wh�due.then Lea��y/.PaSI them.My • � . '-t��
<br />�: . , � . . • amourts dEs�ursed by Lender under thl� paragraph F shaU become a d d�t ion a l debt of 8ocrower se�md b y the Se�i ty � , , _
<br /> - InsWmen� Untess Botrower end LenQ�agree to ather terms o!payment,these emauc�shaA 6ear hrterest irom the data
<br /> .� ` . � , • . of �uisenerrt at tAe [Vote rate end sheD be payahte. with IMeresL uDon natice 6om iender to Borrower requesting . . � � r
<br /> . pSylilCli�. ''
<br /> BY S[�NiNQ BEI.OW. Bortowa eccepts and ayees to the terms and pra;�o � eontafied In tMs PUD Rider. The :�
<br /> r.,� . • underst�ed Izccc�wer(s)admffr�icCge(s)ree�pi of e copy of this instn�arl. . 3
<br /> f, ..� • •�{,`Si��• � �� • �•.
<br /> � � - ..-� .. � .
<br /> _ • . :_�,�., Bortowcr Step n �. �{QCL7 :.
<br /> _ . .�, . . . k
<br /> _ . . ; . . � :,: ,
<br /> __ -::`�;... � �5��
<br />- � .t ,. : ,,;^ . � � . eorc •d I . 1'i0l118dy
<br /> :,�,
<br /> ,�
<br /> � . � • � �
<br />-- - .a � " ' � ' � �-
<br /> ' �. -: .. . � �_ ,
<br />_ � i - . ' ' . ' . • " .
<br />" . . � ', • . . . ' . �5�� - ' . ' . � ' .
<br /> rtOVlCi
<br /> � _ _ . �
<br /> ..1� , , •.
<br /> i . ,
<br /> i �
<br /> ,ti� : . ($EAL) . .
<br /> � � . oROti+ra .
<br /> , � .
<br /> � . � .
<br /> - _r_ _ •_--.- '
<br /> * ._ - _—° --°--°
<br /> ' � i • ' • � f11UL1I5TA7E PUD iL'DEH•S�(Qe Fdmy-FNfAq/FHL1LtC Ut�JfORM INSTfiIJNENT Fotm 3150 919D ,
<br /> - .. . . C10T9.itA0(5/34) �
<br /> : �� ... .- 941S7 { .
<br /> .} ' ;�.. R . . . . .__�.__.
<br />
|