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S ~ <br />PLANNED UNIT DEVELOPMENT RIDER <br />Loan No: 7 0 7 23380 7 (COntinu~d) 2 Q 1 ~ 0~ 6 0 2 Page 2 <br />E. Lender's Prior Consent. Borrower shall not, except after notice to Lender and with Lender's prior written consent, <br />either partition or subdivide the Property or consent to: lil the abandonment or termination of the PUD, except for abandonment or <br />termination required by law in the case of substantial destruction by fire or other casualty or in the case of a taking by condemnation <br />or eminent domain; (ii) any amendment to any provision of the "Constituent Documents" if the provision is for the express benefit of <br />Lender; (iii) termination of professional management and assumption of self-management of the Owners Association; or (iv) any <br />action which would have the effect of rendering the public liability insurance coverage maintained by the Owners Association <br />unacceptable to Lender. <br />F. Remedies. If Borrower does not pay PUD dues and assessments when due, then Lender may pay them. Any amounts <br />disbursed by Lender under this paragraph F shall become additional debt of Borrower secured by the Security Instrument. Unless <br />Borrower and Lender agree to other terms of payment, these amounts shall bear interest from the date of disbursement at the Note <br />rate and shall be payable, with interest, upon notice from Lender to Borrower requesting payment. <br />BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in this PUD Rider. <br />`-~`~ ~(~l! \ ISeaq <br />PAULA A CARLSON -Borrower <br />ISeall <br />RYAN R CARLSON -Borrower <br />MULTISTATE PUD RIDER --Single Family --Fannie MaelFreddie Mac UNIFORM INSTRUMENT Form 3150 1/01 (Pgge 2 of 2) <br />