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Home My WebLink About0938 : • V V 1V 1J V 1Y111V 1 U lYl 1~1.U .t~, . • . . . . . THIS CONDOMINIUM RIDER b made this 1T,TH day d Novembet' .19 78 . and L Incorporated into , nd sf,atl be deemed to amend and supplement ~ Mortg~ge. Deed o! 1~ust or Deed to Setu~e Debt (hereiA "security inslrumenl') d.t~rd ot svea d~te herewltl~. aivso. b,p ths undersigr~ed (hsreir~ "Borrow~r') to accure Borrowei s Note lo ~(-~(~~j 1~YJ~PGA~ (XY~1~TY~ 1T1C. (herela "Lender") aod covtrins.t?~e propert~ deserjbed to the aecurity ;~s~rument iod louted af 3200 North AIA, Unit 902, Ft. Pierce, Florida 33450 . i ' • . ' The Prope~tY comprises i unlt in. together ~vith an undividrd jnlerest ia the, common elements o!. a eondomi~ium project kno.vA ~s SFA P~ 'l04~ QOI~IDCY~iIIl~! ~ ' • ~ , . ~ - . • . : lhere~n "Condominium PtojeeC~- ~ . CONDOM1NlUM COVi.NATITS. In addiiioA to the covenants snd agreements made in the securfty insirumeat, Borrower a nd l.endu lurther wvenant and agree as lollow~ . A, /lsseiimcats. Borrower shall promplly pay. ~vhen due. sp a~sessme~ts tmposed by the Ownert A~sociation or otht~ go~erninj body of the Condominium Projed (hareia'Owners Assocution'j purs~ant Lo the provuions ot the declaration. byIsw~a~ code o! rcNlsVons or other constKuent document o! the Condominium Projed. B. N~a ~suranca So Tong ss tha Owners Assor~atioa maintstns a"m:sler" or "blankeC' po~icy on iht Condominiu~ ' Projecl wbicl~ provides Insurance coverage against l~re. barirds ineluded witbi~ the term "extendrd cover~g~,' and such othet 1,a ~.ards as I.ender may require. and ia aucli imounts:nd tor sucb periods ss Lender may reQuire~ then: ~ ~jj Lendet watves the prnvisioa Ln UnUorm Covensnt 2!or tbe~monthl~? payment to Lender of onetwelflb o! the p: cmium instaQments tor haurd jnsurance on ll~e Properi~r. . ~ : . j$orrower s obligation under UnJorm Covenant 5 to maintain haurd insurance coverage on the Property Is deemed satisficd; snd - . (iii) tbe provisions in Uniform Covenant 5 regarding application othaurd insurance proceeds shall be superseded by anp provisions ol the detlsT~lion, by-laws, code ot regulations or other constituent ddcument of the Condom~tnium Projeet or oi applit abie Iaw to tbe txtent necessaqr to avoid a contlict between such provisions snd the provisions of Uniform Covensnt S. For any periad of teme duting which such bazard insurance coverage is not maintained, tbe immediately preceding sentence ahaU be decmed to hive no foree or efteeL Borrower shall give I.ender prompt nolice ot any lapse in such hazard insurance coveraga jn ~h~ event of a distribution of hazard insursnce proeeeds in lieu o! restoration or repair lollowi~g a loss to tbe Property. w~hether to the unil or to common elemenls. any such proceeds payable b Borrower are hereb~? assigned snd shal) be p:id to I.endrr for ~pP~'~tion to the sums secured by the security jnstrument. with the e:cess. if any. paid to Borrower. C. Lcndu's P~ior ConcenL Horrower ahaU not, except af~er notice to Lender snd with I.ender's prior writteo consent~. F,~rtition or-subdivide ihe Property or consent toc ' _ - ~ . tfie abandonmenl or lerminalion of the Condominium Projc~t~ except tor abandonment or lermination pro~ided by l aw in the c~se o! subst~ntial deslruction by fire or other n'sualiy or in tbe use ol a Lking b~? eondemnation or eminent domain; - any material amendment to the dec?ara~ion. by-ls ws or code of regulations of the Owners Association, or equivalenl ~ constitueni document of the Condominium Projetl. including, but not limilcd to, sn~r smendment w}.ich would change tbe per• cenuge inte~~sis of Ihe unit owners in the Condominium Projecl; os. - (iii) the effectuaiion ot any decision by the Owners Association lo terminate proiessional man~gement and assume seU n,~nagcmcnt of the Condominium Project,. ' ' D..NOTICE. Any nQtice_from Borrower. to Lendes required in th~ Condominium Rider shall be mailed to Lender bv_certif~ed mai~. to_Lendet!s address "stated i~n the •Mortgage or at suc addre6s as Lender may designate to BorroWer by cerCified mail to the Property Address.etat d~,Qy~~ /lny such notice from Lender tp Borro~er shall be g~ven in the manner provided unde Ur,ifor~e Covenant 14 of the Mortgage. , IN i~iITNESS WH~REOF, BorroWer has executed this Condominium R der. , • _ ~ . . ~f 11,r ' . ~ ~ . DAIJIT KAUR SI ' -Borrowet . - ~ l,~.w? ~ ~ ' • • ~ ~ ~ ~ GULSHAN BHAG SINGH ~ --Borrower . . . - Bonowcr ' ~ 'LED ~tlD RECORD£D • - - - -BOfTO"'~' . 1~,~4_ ~~?U'~TY, F;.A. . ' . : . . ~;z4588 ' . . . . ~ _ . . . '18 NOY 2 ! ~,M I'~,? : 22 • - . - ~ • - . . . . . . . CL=+-~' !';%C::'' . • ~ k ri - do~K~38 ~ ~38 ~ . . . ' - . . ~ ~~,n~~o ~ ..a^~-,: . . _ . . .r ~ ...~~r t~~'.t.~••~r'~~±('.r!'11~~f'~~'j" /1/.., t/~/'~ f =..t , - . _ r,~~"'~'?~'~k~~i" - t.f ~ . . ~ s _ . mT~~~~~~.:_... ~ ~ ~ .