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Home My WebLink About0485 1M~~ CUNDOMINIUM RIDER ~ ~sCaNOaH~H~uN ttw~R is ms~k th~s. . . . . . . ; . . . . . . . . . .dsy ot. . . .~.~.C. ~1~1.~.t ' . . . . . . . 14. snd 'a ioo~vrpotatccf into sad shall be decmcd to em.ne! anif suppkaxet s Mo~tp~pe. Dcod o( Trwt or Dec~ to Sccur~e DrM (lierc~~ ..secutity iastrument"-~•d,,s,,~t~i d, c~•e~ J.7tc hc vnth ~~en ~t,h,,r~~u~~deni~nrd (6ercin •.8are~c?we~") ~o s~curc Hono~?e~'s hae a. .~!~?l.~!!C,LT'[EltPRI~1dCl~~l'~AGE.~~~n`[~~~1. . ~Acrei,+ "9~l10 ~.~~Jct~smnsBaac.Rh,r°P`Fiot I, .~d.a~~3,3~57 sccurity ias~~,t~cm anJ IorateJ at.~.4~'.l11~I~,,,t1'' ~Q3 . ~ . . . ~ . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1~t~ ~w•~?sti - . The P~opetty compr~c-~pnlt~, t~~ v~p~i~x~~trre~t in thc am~mun ekme~us ot. • cc?r~dominium projcct tnoMr u . (1t~:A1A (7t.T:M . . . . . . t~ut~iw~il . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . tM~ M C~nae~w~~.v~. ?~eNCtt . . . . . . . . . . . . . . . . ( hcrcin "Candotrtinium ProjccC. ) . Ca?~aow~N~uw Cw'tNANTi. IQ ~1~iliOfl to thr cov~cnants and a~recmrnts madc in the sccu~ity instrument. 8orrowrt snd L.endct (unhsr co~nenant snd a~s as ldlowt: Il. A~s. &xrowe~ shsll Pran?!~y P~Y• whca due. all ssses~a~cnts impo~al by the Ownets Auociatioe ot al~~,o~vetai~ body o~ the Caxloe?iaium Project thcrein "Owncn Associuion"1 pursuan~ to the provi~ions d ~be d~cluuioe. bY•la~. ecxk o~ ~ulatiom or vther constituent dacument c( the Ccmciotniaiwn Rroj~et. S. ff~a¦~+/ f~ca So ioaa as the Ownen Associstwn mainuins ~"master" oc "bisnket" po?licy o~ .th~ Cvnda~iniu~ Pn~ject whicA pwvides inwranee ooren~e ~sirat bre. :~~ds includod rrithia the term "e~teeded cov+era~e." sad wcb othrr ham~ds ss 1.~~ msy rcquirc. sad in such an~uits and tor ~ucih peciods n l.teder aaay require. thea: (i) l.eoder wsiMes tirc p~o~visxxe in Unita~ea Caveasnt 2 tor the mcx+cAly paymeM to Leede~ d a~e-tweltth ot the prcmiwa instaltaretus tor baurd inwtat~ o~ tIK Ptt~p~etty; . (ii) Bor~awct's obl~stio~ undet Unitotm Cavenant S t~ msiotain i~szud inwtanoe cov~ers~e a~ the Prc~pcny is desmed satisfiod: ar~d (iu) tbe prcwaions in Unitorm CcwrnaM S rc~srdin~ applie,tiaa ai harard iow~snoe proooeds ~11a11 be suprrsaled by an3 ~wniio~ ~ tbe dectaration. by-laws. cak a~ rc=utat~cw?s a~ ether ccx~stitueet docna~e~ d the Co~doauniwn P~^es c+~ of applicsbk law to the extcnt a~cessar~ to s~roid a eonA~ct between sucb pranisio~s ~net the p~ovisio~ ol Unitotm Cavcnant S~ Fot any period a1 timc during which wch harard insurance covers~e is not maiataioed. tAe ieaarcdistelY Prcoediaj sea~eace ~lalt be dcemed tc~ hs~Y no tarce or cltect. dcxrower sbs11 ~iv~e l.coder prompt aotict d any lsp~e ia wch hsurd iroun~noe cov~c~age. In the sv+~ at a distributioa d haund inwrsncr pnxs~eJs ie ticu u/ restaatan cx repai~ idbwi~ •{osx to the PtopenY. ~hether to 1be wnit or to come~on ckmcets, s~~ ~ach praecds payabk to Bottower are heaby usisaed at~d shsll bt paid ta l.endc~ tor ~licstion to Ihe s~ms tccutrd by tht setur~sy instrum. W i~h thc cxcess. U any. p~id ca Horc~o~net. C L.e~/~h r~ C~1. 8orrow-et sball ncK. cxccpt atter no:ite to Lcnclct snd vrith Leodet s pricx writtee wnsent. partitioa a subdividt the Prapert~r or ccrosent to: (i) the ~nt ~ termination at the Cex~d~~m~nium Projeet, cxctiept tot abando~tsnent ot terminstion a~ aw in the c~se o~ substsetial dcstructio~ by 6rc or otl~er caswlty or in ihe csse oi a ukin; by co~demeatbn or cmineat dc~asie. tii) uey materisl amendment to the dcclaratian. by-laws or code d~ulstioas ot she Owners Associativn. ~ or equivakM cotati~went docume~t d the Ca~daniaiwa Ptoject. includ~nj. but r+ot limited ta. sny amen~ment which M~W char~e the perce~ta~e iatercsts d tbe unit oa?~ers i~ ~he Casdomiaiwn Project: or ~ l'ui) tbe eAcctuation d sny deei~on by ~he Ownen Associuion to terminste protecsi~~al mans~ement sed i as:ume xN-msna~emeot d the Co~dwniaiwn Prvjcct. ~ n. Re~w~iia. It ~r~er MeatMa 11~nrwe~'~ e~wewts a~ a~+ee~eMs berer~. hcl~i~ ~ e~awN ' 1~ MY ~•rew ~ cM/o~Mirw Iha~ l.e~ ws~r i~naict s~ re~di~s ~idsr ~er twe se~s~Ny ~ i~stnweM, i~d~i~. Mrt ~M ~wite~ b, tlwe ~i~led w~~ tlwitern~ Care~wM 7. IN WITNE~ WNEItf.OF, B~irrowrr has cxrruted this Con~ic•mi~ium Ridcr. ~ . ~ ~ f7- ~ 4LE4 . ' r ~}EO . ~i > i.`~1.~ ~vl_.A..>--~-- :T lU:: ..i!~~~SL• _ f t ~ ~R~ ~ ~ ~.U(ld~? . -lerniwr ~ ~ ~ ~ - ~ " ~i - / ~ _/Ji~~ OC1 L~ 1 I 39 ~M ~ 6 S''~o'`r~ra T.~u~3y -a«~... ~ . i ~ ~ - i ` COIii00MINWM RiOER ~o ~ f+4y-~' ~s --~Mw~~c u~ar u~snwic~r ~~J 485