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. . App#: 6767Y7 200709667 loan#:377686 common areas and facilities of the PUD, or for any conveyance in lieu of condemnation, are hereby assigned and shall be paid to lender. Such proceeds shall be applied by lender to the sums secured by the Security Instrument as provided in Section 11. E. Lender's Prior Consent. Borrower shall not, except after notice to lender and with lender's prior written consent, either partition or subdivide the Property or consent to: (i) the abandonment or termination of the PUD, except for abandonment or termination required by law in the case of substantial destruction by fire or other casualty or in the case of a taking by condemnation or eminent domain; (ii) any amendment to any provision of the "Constituent Documents" if the provision is for the express benefit of lender; (iii) termination of professional management and assumption of self-management of the Owners Association; or (iv) any action which would have the effect of rendering the public liability insurance coverage maintained by the Owners Association unacceptable to lender. F. Remedies. If Borrower does not pay PUD dues and assessments when due, then lender may pay them. Any amounts disbursed by lender under this Paragraph F shall become additional debt of Borrower secured by the Security Instrument. Unless Borrower and lender agree to other terms of payment, these amounts shall bear interest from the date of disbursement at the Note rate and shall be payable, with interest, upon notice from lender to Borrower requesting payment. BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in this PUD Rider. ~a/'v~ (Seal) i .. berly B. W ner MUL TISTATE PUD RIDER ~ Single Family ~ Fannie Mae/Freddie Mac UNIFORM INSTRUMENT (page 2 of 2) 3150 CONV PUD RIDER 01101