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200302596 CONDOMINIUM RIDER 6127044162 THIS CONDOMINIUM RIDER is made this ._25th day o1 FEBRUARY, 2663 and is incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of 'frost, or Security Deed (the "Security Instrument") of the same date given by the undersigned (the "Bortower'� tosecure Borrower's Note to ........................................................................................... ............................... WELLS ..FARGO . . . . .. HOME . . .. .. MORTGAGE, . . . . . . . ..IN....C. ..................................................................................................... ............................... (the "Lender') of the same dale and covering the Property described in the Security Instrument and located at: .....2667 RIVERSIDE DRIVE .............................................................................................................. ............................... The Properly includes a unit in, together with an undiMi X'interest in the common elements of, a condominium project known as: „JENNILEIGH CONDMINIUM ................................................................ ............................... (Name al CoMsm,Ominlum Prvpcl) (the "Condominium Project'). If the owners association or other entity which acts for the Condominium Project (the "Owners Association') holds title to property for the benefit or use of its members or shareholders, the Properly also includes Borrower's interest in the Owners Association and the uses, proceeds and benefits of Borrower's interest. CONDOMINIUM COVENANTS. In addition to the covenants and agreements made in the Security Instrument, Borrower and Lender further covenant and agree as follows: A. Condominium Obligations. Borrower shall perform all of Boaower's obligations under the Condominium Project's Constituent Documents. The "Constituent Documents" are the: (i) Declaration or any other document which creates the Condominium Project; (u) by -laws; (iii) code of regulations; and (iv) other equivalent documents. Borrower shall promptly pay, when due, all dues and assessments imposed pursuant to the Constituent Documents. B. Property Insurance. So long as the Owners Association maintains, with a generally accepted insurance carrier, a "master" or 'blanket" policy on the Condominium Project which is satisfactory to Lender and which provides insurance coverage in the amounts (including deductible levels), for the periods, and against loss by fire, hazards included within the term "extended coverage," and any other hazards, including, but not broiled to, earthquakes and floods, from which lender requires insurance, then: (i) Lender waives the provision in Section 3 for the Periodic Payment to Lender of the yearly premium installments for property insurance on the Property; and (u) Borrower's obligation under Section 5 to maintain property insurance coverage on the Property is deemed satisfied to the extent that the required coverage is provided by the Owners Association policy. MULTISTATE CONDOMINIUM RIDER Form 31401101 (Page l of 3) Single Family - FNMNFHLMC Uniform Instrument ECW31- Rev. 11/13/00 k.