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�C����;: ' ;.; .. _ � . . - _ <br /> •t�#` •.�;y•. . _. . • . _-_ —_ <br /> 'd'3:�cliJlf�l_�al�ws�,•'r}�F�3%�i��`'�i�r'ar� '' _ —'�.Y'£�.d1i���i.�e.�r.�.I1-- ••�• ._ � .____ .. _ ^ <br /> �/Y� ������ _. <br /> AP# 10609 W�k' 1539214932 - <br /> F� PL.�1�lNED UNIT DEVELOP�NT RInE� � <br /> T"!v��.":Ln:.t�,rr nc�/Ct f1D�1LY1lT�tlflf-'R k M17�t�A th1A 2 1 i h diV Of R p r 1 1 . 1 !9 8 . _ <br /> and Is incwporatecl into and sha�tl be deemecl to amand and supptemant tha Mortpaga, Dead ot tn�si or <br /> Socuriry Dood ('Sc.^urft}� Inurwneni') of the same daie aNen by ttw w�da�ned('i3cxrcw�ra+')to�tu� <br /> Borr�wer'sNote('N�te")t0 COLUNBJS FEDERAL SAVIHGS B�1NK <br /> ("Lendet")of the same date and coYe�irg the propaRy ciesCribod[n the Secur�y I nsitunwnt tncl IoCi�tad at: <br /> 20� M PIVER o12 . GRAND ISLANO,IiE fi6803 = <br /> �aAOaeArr�coaess� <br /> The Property Addres9 Is a part of a plannecl uNt developrnerx('PiJD'�known aa <br /> DECLARATI�l: RECORDEO NOYERBEk 21, 1990, AS DOCUMEMT M0. 80-OOBB02 <br /> PIPEli'S GLcH <br /> (NAI�IE OF PLIU�NED Ui�IT DEVEWWAENn <br /> PUU COVENANTS. In addiftbn to the covenants and apree�►ts msde in the Sec�y Instrwrwt�. <br /> Banower and Lender fu�ther covenent and aprea as fdlows: <br /> A So Qorg as the Owners Assoctation (or eguMaleru entity hddtnp tltle to carxnon 4nu and _ <br /> facilities). acting as tn�stee for the homeowna►s.rnalrxalns,wkh a qener�IfY accept�d Ins�x�ric� <br /> ca►rier, a 'maste�' or 'Wanket' polby Insu�� theprcpe�ty located tn tha PUD. indudinp ell <br /> Improvements now or hereaiter er�ec:ted on the mort�q�d premtws,and auclt poUcy I� <br /> sa�ory to Lend�provldes Inst�rance In the amount�, for tha pariod�, �nd <br /> aga�tfi�e liazards Lender requlres, indudirp fir�oil�hazarcis induded wi¢hin ti�e torm <br /> 'extendad coverage.'and loss by flood,to the extent requtred by the Secretiuy,then: (1)Lsrxlir <br /> waives theprovtslan i�e Rara�raph 2 d thls Secu�ity Instrurr�ent for tha morkhtY PaY�to La�d� <br /> of cx�e-tw�eiith�f t!�yearfyprsmlum Instaflments for t�azard tnswanca on ttw Prop�ty. and (W? <br /> Borrower's obiiyation�cnder Parapraph 4 W thls Security Inatrurtie�to rttiak�ta�n htzard tnw�ur�ca <br /> cove�etge on the PropeRy Is defxned satlsfled to the extent tha!tha requicai coverA�e ia pto�vki�d <br /> by the Owr�er's Assoclatbn pdicy. BoRO�wet sf�aU �h+e Lendsr �pt notice of arry lapw h <br /> requlred hazard Insu�carera�a�d d any tosa oocurtk�q irom�a?NUrri. In ttw wrnt d a <br /> L��.�...l�!!e,i hw�.w_t in�wKwnr�w__nJv_�r.w�yrpl�A,,�In�lai epf�n��t�eatien or reo�ir 1�n�Y{a��win�wa,pa�lo�t tn tl1� . ._ . . <br /> ��I Ot W C��M���Q«�S 611Y bWIKKN��f V���"'7 � �7�wv i�i Wi�iA�W ��i <br /> hsreby ass�ned and shaA be paid to Le�der tor appticatbn to the sums eecurod by thia SectxRy <br /> � lnstrument.wRh any excess pald to the entkll le�alty entlded hereto. <br /> �' B. Borrower promises tc pay eIl dues and assessmants Irnposod pur�uent to the lepel h�atr�xr�ents <br /> ' creatitg and�the PUD. <br /> � C. If Borrower does not pay PUD dues and assessments when due,then Lencie�may pay them.My <br /> amcwnts e!lsbtu�'.�ed by Leoder under this Parapraph C sltiall becorne Sddklon�l dabt of SoROwer <br /> serxued #� ttw Securdy Instnuner�t. U�ess Bortower anci l.endar agree to other terrt�s of <br /> siv�lt be Payabi� i�erest.upon notice from terxler to Bo�roqtw�tirq�t��nrte and <br /> BY SIG(v�1NG 8�LOW�Bcxrower accepts and a�rees to the 4erms and ca�tafrwd In thls PUD <br /> Rider. <br /> � <br /> t <br /> (S�W <br /> J 0 H S P U E M T E BORFOMiER <br /> � (SEJ►�-� <br /> • , N A R I A P U E N T E BO�fiOMYER <br /> (SEAL) <br /> 80RROtiMER <br /> (�1 <br /> BoRROWEA <br /> FFIACASE N0. 321-1800348-703 <br /> ISC/FPUDRID••//0594/(04G2)•L s/�2 <br />