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HomeMy WebLinkAbout0149 ~i~SY 1=~D~RAL S.4ViNGS AN~ LOAN A550CiA"I'I~N " O~ F4RT PIE~CE t~;-23o2~q78 CO\DO~II1IL1r1 RiDFR Tfi~s C'c>~tx~~ttxit~~t Rtt~f R i~ madc thit. . . . . . da~~ of . .~,p~11 . . . . . . . . . . . . . . . • 19t-h . 1~?~.7.$ :~nd ic imo,-p:~ratrd into nnd ~hal! h: dr~ n~rd tc, :er»:ne: and ~iji~i~temcni n Y1~~rt~•~~~e. Dred of ~Truci e~r D~ed tu S:;u*e I)rbt (hrr~i~z "~rcurit~~ ins!run~~n:..l dr~trcl af c<<n .late h~rrw~ith. !~i~~n b~ ihe un~ler>i~~ned (her_in ..B~>rr;~~.-cr") tc, •rc~re Rc?;r~~~rr'c \nte to_ . . . . . F~:,ST .t~~~RAL .S9VINGS. A~D .L44N. ~.SSOCI~T1~2~ 0:. . . ..cOt~T. P.I~RCE.....(hcrein "Lrnder") and crnrring the Prup.n~ dr.crib~d in thr ~rcurit~ in~trumcnt .nd ioca<<a ac_ Route , 2, A-I-A_,_ .Iiutchinson. Is~an~,_ .,~~~sen _$e.ach.,. .FLorida. 33~-5~? . lPr~~,prty ~d~re55) ~ Th~ Pro~rt~• mmpri~e~ a unit in, t~gether v?~ith ar undi~~idrd ;nt~rett in :hr comm~m eli•mrnt~ of. cc~nd~~mi~~ium Frc~ir:t kn.~~~n :s.s..~11.1.a.Del•Sol-.-~-~I~E.,..........-•-~ ~ (!:amr M Cor:Anm~n,~m Fro~ecli ~ . _ _ . . . . . . . . . • - - - (}?:rein "Ci>n~3.~minium Proj~~t~~). ('t~~tx~~t:!:~t'~~ Cl?~F~aKTS. 1n additiun ta {h: c~~rnant~ xnd a,~r~c~ments 17;ade in the ~:curit~ in~irum:ni, T.;~~rrc,u:: ~nd Lc:ici:r ~ur;}icr c~•~~c~~mt and ~=_•rec as tc,ilo~~~s: :~~~f'~~~Ill'11~C. ~t~lC(~\\tT ~f11!~l ~:l~ililt~\ F1A\~. »~~1'.'Il [jUC. G~~ .~~~,•~mrnt~ llilt (~Stlj tl\ thc (h.n~Cc .~•~!'.;7::It~~R c~r ~th~f .(•t('filttt~ hu~\ (~f l~)l' Ci~ll~i~tili;ii:lTn ~il~~L•Ct (}liiZlll ~~~ti)iiS A,.~,ciatian"i ~U(~::8(ii iC~ thC ~fc'~j~~.~1'~ l~' ~*1~ ~jC.j~3a;i~~n. h~-'.s~~s. ~c~:l~• ri•_~~{:t[It~DI ttf Cr?tl:i C(~I1C.I:ur~~t d<kun~ent c~:` the G,nel;~T113O2I/Ti ~~IU~CCI_ B. Ilaeard ln.urance. Sc~ ic~n; a~ thi O~~n~rs .Accc?ciati<m msintains a"master'~ ~r "hlanket" pc~lic~ c~r. the ('c~n~~:+r::ir.iiFm Froieci tihi;3: pru~i.~~s incu~.+ncr c~~~craee a,-ainst fire, h~7ards includ~d ~~ithin thr trrm "e~t:r:.i~d cc~~eraee.'~ and wch nthcr h~zar~~~ Lr«d~r ma~~ rrquire, and sn ~uch :~mc~unts and for ~ueh ~~ri~~d~ ac 1_rneicr r:~a~ r~quire. t:~en: - (i1 Le,fder ~ai.LC the ~re,.i.ian in t'r.ifc~rm Ce,..:n.~nt ? fc,r ihe n~<,nthl~ pr~~ment tc~ Lc•n~l~r e~n~-'~~~~;`th , ~f ti~. pr~mium ir.~;~l~r,icnt~ for tia~ard ir.w;~:ncc ~rn thc P~c~p~rt~: ~11} Borr~~~ae{< <~hli~_a;i~~n llT1C~iS L~~sifi~rm ~~~\'C';l;t?li ~ 1(~ ~l::ili~:altl t1~73fd III~UL~9[1C. fMtf'd~'C ~~fi :}l; Pn~pcrt~ i. ij.•rrned :atisfied: ,ine3 (iii) t~tc ~ri~~i~icros in L'nif~~rm C.~~r :ant ~ rc~~ :~d~r.^_ ar i ii;ati.~n nf h.~, ard inc:iranrc ~~;~+:r~•i3s ~rall ~u~cr>cdr~i h~ :in~ ~r~~~+,~ic~n~ of the tirci:ir:,tior._ b~-i.»~s. c~~:ic vf ;<<_~:;aii~~rt< <~r «~tier C(~IICIL'urn! :i~,:u~~:n; c,f thc ~ ~t~Tl(~(~III:'.tlll(11 Prnir,t t,r ~f :iF'!!lC:t{~j~ ~3\~' 1(~ i~lC CKILOi ?iCC:'~~:ii\' I<~ A~(~)~ .i :c~nflict h~iNC:[il ~ll~t'i ~'+f~~~S~lt~':~ :~T1C± thr prc~~isit~n~ c~f l'nifctirm C~~~rrant Fc~r ::n~ p:ri~~d of iimc clurin~ ~~hict: ~;~c'ti `~aznrd iri.u*an;e cc~~c•r::~•~ i~ nc+t ~ m:~in~~inr~. th: irzz~tzrd~:,teh ~~~•i,;3ir,~ .rn~_•nce ~}.all h: d~.med to hsvr nc~ ic,;cc c~r ef~ec;. Rc,rr~.•er ~1~.~1: ;i~c ' I_~ rjd~r ~ ri~r:;~: nc~liir nf a~~ 3:~~~~~ ir, >s,ch h::,-.+~ij ir.~ur :~i:c ~~~~cra~e. ]n ?hc c~.nt ~f a G~i~trihtsticm c?t t:siard it~wr:,n:c ~r<r~~rci~ in ~iru of r~~tu~~tion or rr~air fc~'1:~~ain~ a ic~~: sc. the Prc~F?crte. Nhether tn th~ unit i~r tn e~~rtime~n ~lem~ntc. an~~ wch }~rcx~red~ ~a~;,~le ta Borrc~~?•er :~re hrr~ht .:sci;_ned ~n~ sh:~i! he ~?aid to Lender f~r a; f~ic3ti~m ti1 ihe ~i:ms ~«urrct b~ the >ecnri:~• ir.~tri~R~~nt, w~ith the ~•~;es~, if am. f .!i~ ic~ 8c~tr(~uCl. L. ~.l'f/(~L'ft Prior Cun•cnt. Rc~rrt,HCr SFl:f~i f1tll_ :\~:jl; :~,°~Cf P•.~il:e 2(~ ~_:'F1~Cf.:Sfl(j 1~~7~}1 1_iT1i~:T ~~~Ih~: i•.'t':~G ~~~r.~cnt. ~~ar:lili~Il Oi CU~1dI\'li~C It1C PSUtk`Ii~ (li ~till~~il[ [O: ~1~ thc ah.,~-:donm:flt Of iCCii;t.~:i[((iR (~f I~~~ Ct~lli7:~r~iini~sm Pfi~1fC1. C\Ct"~I fUi :fh:~(ICjC~!liTl~Tli t)! 1:i't':^n:~,~T1 ~ro.~i~9cd h~~ law- in the ea~e ~f ~uh~ian2ia' -1:~:iru":c~n firt or c,:i~~; ~ a~;::~lt~ c~r in the es.e of a ta?:in~ b~ c.~r.;_ ~:~r. ~~r crn;rs~nt .3<~main: (II) i~ ..:3T.:i~:~ :iL~~! .=T:]:Tl' ..'1:' .li~ ._.:i:t~.`P.. ~'~'I.t~. ~ OT i~~:.~.^ ~lr t: .:t;li~P.S ~~i .Il~ ~=~.~~:5 :~«r~::;t:`i~C ~ '.'t::;t'.':i~~,Ile _'u•. ii'U:il; ~1~~: U^.lt'Tli 'ti~. .,:7; f : •j:i : :t~•. 1,... :iC~: '.iit:~ICi i17. dfl\ ..~1~: :~~1 ,~.T U~~Li~U :~:.:P.~_'C' Ii1C }~:f...~.:2~ Ii~iCit'~?~ Ur ~f!1~ I~NI.:T~ 3i: ih: ~..~~:7.1~~:..,..iu:i1 }~f~~l:... ~)i UII~ :}i~ C'~CC•'.UOifltti (1~ :S~l\ ltc'_:~lilT1 i}lC O~~n:sc AS~r~,13!i(~fl lU iCl^llil:iic FTCr{C'S.SIi~ ~dT fi~~l1:lLi:ilCfl: 3Rta r.«,:n~e u1`-r,~~_r.;~~_r~,n~ c~f th: r',,•,.' ,t7~n~u:r. Pr;~~:•c[. n. Ke~T~rrlirc_ If R~~:n~µer t~s, acht~ (i~~rrr•+er'< <~~.c~.,nlc :~nd :~~ri~~:nrn~~ Fecvr?lnder. inclutlin~ the cu•eu:+nt 1.. ~os~ •.h~ n i!ur .•~~:i. ~:~~iu"ur. ;~•..-~.sn= ;~R. t'•=~~n I r ~ i. r ri•.:t ~.:s ~.we :~ni ~t ~r>criit•, ~~r~~~ iale•d uu~ler il~~ r t~tit~ ir~•I~cnrn!_ i~~e~uti~n.•. h~~t r~~~t li;nitid it?. t1n~•, pr~r~i~lrrl ~en i:•r l u;i,,;;n Cu.c~;~nt 7. i i «~ifi i:iOf . K.~;:t~~a':.` i1C~.C C~; _tl?C(j iti~~c (`u!t(1.':;li:lt:::il ~IilCC. 4~~s ~ ~~,~'~k..~~ : f1~E0 ANO aENjY ft~ ~ _ - - _5,.:~..c.'~ ~~E -.:leanor is. ~hear:~an, a sir~~~~ - ~ SS ~ ROC£4 p~ TitAS > ccs ~,aCU~t C ~ ~ r ~ p ~ 2 36 eM ~ ~y ~~~286 ~ i,~ . . . . . , - . - ~ . . . . , . ~h."_ .~..~,~Y 1..'~. .y• . ~