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Home My WebLink About0658 , • ~ a CONDOMINIUM ItIDER _ ~ 'IwisCar?oo~truuM Rio~R ~ mada tha. . . . . . ..1 . . . . . . . . . . . . . . .day ot. . . . , .~r 19. ?6 , and is inoorporated into and shaU be deemed to snKad and supplen~ent a Mort~e. Dcod ot Tmst or Deed to Secur+c 1?ebt (hcreio "~ocurity instcument" . d. ..~~~;~S~:K4~ witb • ven ' the und_~eisisned (heoein ••Bomower") to seture Borraw~et's Note to. . . . . . . . . .1 j~~ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ihenfn " ~snd aoverina tbe Prupe~r n'bed in the ucurity ~nstrument sad . located at. .O~~~A1~,.~. : 4Aa : ~ ..971. . AlA~ .Jense;n Hea~hs. FTor ~t. . 33457 . . . . . . . . . . . . . . . . . . . . ~ _ , trreo.~er nea~..s~ - . Thc Pro ~t co~n `~~s_~un t ~~y~,~y~~yji~;~~ ~terest ip tfie common elements oE, a oondominium Pr'olect icnown as p~G~fWA ~~~AtY~~7~ (~~~IuMf QVE : . . . . . . . . . . . : . : . . . . . . . . . . . . ~ . . . . . . . . . . . . . . . . (herein "Co~dominium P~+oject"). ~"•T• a co~ao~~+w~+ wof.a~ CONOa1~tlNtUM COVENAN?S. tn addition to th~ ovvenaats and ag~aments made i» the Kcuritq inshvment. Borrower and Lender [ucthe~ cov~e~ant and ag~a ss fd{ows: - A. A~aa~h. Borr~wer ahall P~PUT P1Y. nrben due. at! asxssa~ents imposed by the Ownet= Assoceation or other governinE body at the Condominium Projxt (he~+eein "Ownecx Association'~ pucawnt to the pe+ovisions of tha declaracion, by-laws, oode of regulations or othcc constituent docwneat of tba Condom~aiwa Project. . - ~ B. Harsr~ Ia~riuia. So Joag aa the Owoers Assoe~ation maintain: a"~nsster" or "blanlcet" policp oa tba ; Condomiaum Pmject which provides insureaco oovera~e against Rre. ha;ards ~ncluded withia tlrc term "extended ~ oovera~e,° aad sucb atl~er hazards as Lendar may rcqui~+e. snd in s~ch smounts and for such periods u I.ender may - ~ (i) I~ndes waives tbe pro~visia~ in Uniform Covenant 2 for the nanthlY PeYmeat to Lender of o~e-twelfth of the pre~nium iastallaneats foc baza~+d i~.wrana os~ tbe Proparty: :L (i~ Bomower's oblig,stioa aader Uaitocm Cmrenant S to~ maintaia hazard iasurance oovera~e ~ tbe Property is deemed satisfied; and - ~ ~ (lii) tl~e protiisiaa in Un~ornt Cov~en~nt ~ regardin8 $PPlication ~ hazard insuraaa proceeds shill be - ~P~~~ ~~y Pravisions of the dxtaration. by-laws, oode of regulatioas or other o~nstihreat tlocua~ent aE the Condominiuai.Pmject or vf a~licabk law to the exteat ~oeuary to avoid a ooafliet benvan such pravisions and ~ the provisions af Uni~ora~ Covenant S. For any period of tin~e during which such bazard insuranoe ooverage is not raaintained, tl~e immediateiy pt+eoediag seateaa sbail be deemed to l~ave no force ar eHect. Borrower shaU give ; Lender prampt notice ot any lapse in wch hazand iawranoe coverage. _ . . ' In the tv~eat of s distri'bution of hazard insurarnx proooods in lieu of restoratioa or repair foAowing a loss to the Pmperty, whetlxr to the untt or to conianou ekments, any such proceeds puyabk to Borrower m bereby sssigned ` and shail be paid w Lender for application to the_sums secured by the secur~ty instrument, with tba eacoess, if any. paid to Borrmw~et. - C. I.ewder's Prior Co~ae~t. Borr~ower shall not, exoept a~fter n~ to I.ender aad with Lesder's prior writtea oonsent, partition or wbdivide tbe Prupeity or eonseat to: - (7 tbe abaadonment or taminatioA of the Condominium Pmject, exoeQt for abandoeaxnt or teraniaation providetl by laa in the csae of subatantial datn~ccion by 6re ~r other casualty or im the case of a talcing by condemintion _ ~ or ~muuat domain; . 3 (ii) any msteriaf aQMendment to tbe declsration, bY-lawa or code of reguladons oE tt~e Oarners Association. - or equivaleat eonstituent docuaaeat of the Coadonaiiuiwn Project, iacloding, but aot limited to, any amendnuat which ~ « wouid chaa~e tbe perrenw~a intecests af tbe ~u?it awaers in tbe Condonuaium P'~+~ja~ or • ` . (iii) the e~xtuation of any decisian by the Owaers Associatioa to terminata profeuional nnanagement aad asswne self-maaa~rment of the Condominium Project. D. R~aedia. ff Borro+rer M+eaeba Borrower's c~ores~ts aad ~ 6~da, iee~ioa tbe coresaot ~ " to pap w6eu dre eoMdo~ai~ s~tr, the~ I.e~der mn in~oice a~? rewedies pro~tded a~wke t6e ~casitp h~trnmeat, iad~, bN aot ~ited to, tl~ose pcorided erder Uaiiors Core~aet 7. ~ IN VV~ITNESS WHBREOF~ Bornowcr has eaecutod this Condominium Rickr. ~ ~ - . - Y~EI.INY -e«~oM.? ~ . .-s«~.. ~ ~ . ~2 31PM~~"~ ~ - _ .~A~ . ~ +~R~~o - ~ f1LE0~ E C4~ ~ _ sT.~111 '+tTY.FLA. ~ . ' 41OG~1RCCJlRt UR~ COKDOMINIUM RtDER-i eo4 ~~r-6~~s-iNM~IfMIMC 1iNif~ IMST~IiMENT A~~O pV~~~f1E~ . 354349 - ~2~i2 ~ ~58 . _ _ ~ _ ~ _ . _ _ - - - ' . . . . _ _ . . . . . . r ~,,(y'" ~ . ~~~r`"'~: < . . - . . - ' - ~ _ • _ ' - ' . s - -:~s.. ;,~~..ml-- ' . r ~ bp~t ~~riaa~..tie'S'.~z- -e~z:r-_s...,;i7~~~.