The URL can be used to link to this page

Home My WebLink About0183 , . • lJ V 1V 1J V 1V111V .L V lYl i~1L,C~1~, 1 . . , . . . THIS CONDOMINIUM R1DER G made this ?~th d~y o~t November .1~ 78 .~nd is inwrpor~ted inb , nd ~h~Q be deemcd to amend and supplement a Mortta=~, Deed o~ ~usl or Deed b Secu~e Debi (herein "sesurity insirumcnt') d.t~d of sven dsl,s berewitb. ~ivea b~r tb• undersi~ed ~he~aia'Borrower'~ to secure Horrowers Not~ Lo ~.Y~}~~~T~1 ~ ar'+ff'~lNY~ a]C. . (berete "Leader") and eoverias . il?~ propert~ described ia the aecue~y instrumeAt a1 3200 North A111, thlit Z04, Ft. Pierce, Florida 3~k50 • : • ~ The Propcrty comprises a nnit it~. togetber ~irftb ao un~ivjded inte~esi ia the eommon elements ot. a condominlum project ~Cnown as ; SFA PINFS ~)C~TItIr! ~ ' , • ~ ~ _ ~ . .~hereia"CondomtniumProject"~. } ~ • ' , _ • . ~ CONDOMITIIUM C~V$NANTS. In addltioA to lhe wvenants and a~eemenls rnade ia the securit~ instrumeAl. Borrower t , Rd I.ender lurther eovenant and a~ree ss lolbw~ , . , ~ A, /?saea~meoia Horrower sbaU promptU? pay, ~?ben due. aTl asses:ments imposed b~? tbe Ownera Assoeislion w otber g4~erninj body otthe Condominium Project (hvein "Owners Association") pursusnt b t1~e prorisions at the declsratioq byla~vtr ; c~de of re~ulations or other eonstituent doeurrunt ot ths Condomiofum Projed. ` B. }i.,,,ar~ 1n.uraaee. So lont ss ths ~lwners Associstio~ a~sintsins s"msslar' or "blanket" policy on the Condomtniun~ Project wbitb provides jnsurance coverae,s~apinst fire, ~atsrds induded wjlhln the term "exteeded toverage." and sutb other ~ },a za rds ss Lcndrt may require.:ad in sueb s~ou~ts and ta sudi perJods as Lender may require~ t1~en: ~ Lendv waives the provfsioa iu Unlform Coveuaot 2 tor t}u~month~r payment to Lender ot ono-tweUtli o! the premium instsllmeats tor bsLrd insurance on tlu Propertp; . , ~ : , Borrowsr s obl;gation under UnJorm Covenint 5 lo matntain hazard insurance coverage on the Property ts decmed ~ s~tisfcd; and • the ptovisions ia Untform Covenant 5 regarding application oihaurd insurance proceeds shall be superseded bp anp ~ pro~~sions o! lhe declsration. by-laws, code of regulations or other constituent document ol the CondomZ,nium Projeet or oi spptiN abtr law to ibe c:xtcat necessary to avoid s contliet between sucl~ provisions snd tbe provisians Qt Uniform Covenant S. For any ~ j~criod o1 tim~ durina which such hazard insurance coversge js not maintained. the immedistely preceding stntenee shaU be dr~mcd to hi~e no torce or ef~eel. Boirower shall give Lender prompt notice ot any ispse in such bazard insurance coveraga ~ In the e~ent of a distribulion oi I~aurd insursnce proceeds in lieu of reatorztion or repair lollowiag a loss to !be Properlr. r µ~hethcr to tbt unit or to common elements. any such procecds payable lo Borrower are bereby assigned and shall be paid to j I,cr~dcr for spplintioe to tbe sums secured by the security instrument, with the excess. iI any; p:id to Borrower. ; C, ~oder s Prior Concent. Borrower shaU no~ except aftu notice to I,ender and wit}? Lender's prior written consenl,. ~ ~~~rtition or subdivide the Property or consent tac . (i) the abandonment or termination a! the Coadominium Projccf, exccpt !or abandonment or termination provided by law in the csse oi substantul destruction by fire or oiher ~'s~alty or in the nst of s Lking by condemnation or tminent domaiq ~uj • any msteria). amendmeni to ihe dedara~ion, by-laws or code oi regu)~tions oi the Owners Association. or equivateat ~ co~stitu~nt document of the Condorr~inium Projeet, includ'ing. but not Iimited tq any smcndment which woutd change the per- ~enuLc interests o! the unit owners in ibe Condominium Project; ae - ~ the eltectustion of sny deeision by the Owners Association lo terminate protessidnal managemenl and assume seU rnansgcment o! tAe Condominium Projeet.. ' ' ' . D.. NOTxCE. Any ~ptice_ from Borrove= to Lender requized in thg Conaominium Rider shall . be mailed to Lender bv_certified .mai~,~to I.endet's address"stated ir the •Nortgage or at suc addre6s as I.ender may designate to Borrower by certifie8 mail to the Property Addrese.atat abqve. MY such notice from Lende= to Borrowe= shall be g~ven in the manner provid~8 un8e taniforro Covenant 14 of the Moztgage. ~ _ - IN u~T~'~ESS ~E~F~ Borrover has executed t s Co ~mini m Rider. - . ~ r ~ . . WILLIAM ROS BERG . " -Bo~~owt~ , - ~ • • ~ ~ ~ . ' ~ ~C~t1'st~ t E OR SENBERG -Borro..u ~ • . . ' ~ . . .-t ;-n ,•.t1t) 't~-CORD~fl ' - ~ -Borro~.e~ ' . r - .,~.V•~~~{, r F+. . ? t ~~~~"t~ • • . . -aotlOrCl r ~ ~M '2 . 1' ~ ' - ' ~ +~g _ . ~ , , , _ . . . . . ~ - . ~ _ .t~. . - . . _ . . ~ - . ~ • • - f ' ~ ~ ~ . • ~ ~ . . • . K~?dd ?~tle Caap~or,y ° ~09 DUPQNT PLAtA CENTEA i MIAM1, ~ORtOA, 33131 U k. ~~7a~ ~.83 . • ' BOG~t FAGE . . • . . . . ~ . . r -.-~rr •r~. ••~~.r•/'~*•~r ~~~~Tr•!f?~t'?!T /f~.e• ~r7/~ ~ ! ~~=~p d~ N~ - - - - - - ~„~-h.,r:s• -