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<br /> - . _ : ��e'��Dr.clara�lon"). Th��j��t1�1��T�T��������Sip����pnuni k�u�vn'ns.............................................
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<br /> �Ntms of P�tmitd�Un4 Devs�opmtni�•
<br /> (Iha"PUD").'1'ho Pruperly alsu inrludc�Ila��uwcr'n Intcrcnt In�hc 1►umcuwnara n�xuri�idun ur cyu{vulcn�cnti�r uwning ur
<br /> � + managing�hc romnwn arcas oad fncili�tes uf Il�c PUU(Ihc"Wvncrn Assixlo�iun")anJ�ho uacr.hcncli�e�nd pr�xrcda af
<br />°_ '�",, Bor�aver's interest.
<br /> '°�'= PUD COV6NANT&. lo adJltiun tu Uia ruvonun�s unJ agrreurcota madc in Ihc Sccu�ity In+uunecn�. �urrowcr nnd
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<br />— U:RtICi N�tt�COVCil9[I!8Q1I OgfCD A9�OIIUWA:
<br /> ����' A. PUU Obligatla�. Biu�mvcr nt►nll pettnnn aU of Uurnswct'a ubligaUaa, undcr tho 1'UU'a Cun�dtucnt
<br />= -;;� Qocumente. Tho "Cansdtucnl Ducumente" a�a A�a: (i) Ucclaratlun; ql)unicle�a�ina�rpurnttun.trua� In�l�unx�1 ut�ny
<br /> =y�;=�� equtvntent document which crcatc�U�a Uwno�s IIe��KlaNun:and(Ui)any byI.��v�ur utle���ulc�u�rc�ulatlunr vf Ihe Ownors
<br />_�� Aesociotion.Hor�owcr ahall pramptly pay.whoo dua,nll duca anJ as�xgnrci��A Imix►tc+l puraunm tu dio Gm��itucn!Ihxanuntn.
<br />�.��; D. 11Ls�r,�rd Inaurance.Su lung aa tho Ownc�a Aaa�KittU+m nmi��tains.with a gcacrnlly arccpteJ insura�co rarricr�a
<br />___-.�,� "maste�"or"btaaket"policy I��.�uring tho P�urcrty whicl�ii�ntirl'acluty t��Lcndce aod whirh pravtdcs losuran��o cuvcrnac
<br /> - in tho nmounts,for tho pcti�xl�,arul agoinst�hu Imr.n�dA I.enJcr rc��u{ron.including pro and hee�izdr irmluiled within the tcnu
<br />��� "oxtorided coveroge." �hen:
<br /> - --o p� l.cnde��vaives tho provi+t�m In UnUutm Ci+vrnun�Z fi�r tlic munthly�ay�:n1 tu Lcndcr uf une•tweltlh ut
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