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Home My WebLink About0134 . ~ . ~ CONDOMINIUM RIDER - . ~ . . _ . . . . , . TH1S CONDOMINIUM R1DER is made tAt~ ~'22 day of January ~ 1~79 , and is inwrporated into , nd sh~p be deeme,d lo amead aad supplement a Mortgage. Deed ot hust or Deed to Secure Debt (liereia "security instrumeaC') d~tsd o! evea date herewlt6. giveo b~? th~ undersigned (henta `Borrower") to seeure Borrowers Note b McCAUC~~N I~~ ~'~ANY~ II~. ~bereia "Lender'~ aod. covuiat.the propert~ dwcribad ia th~ ucur~t~? ~nstrument and locaLed at 3200 NDrth A]A~ UtL~t No. 1205 ~ Ft. Pi,er~Ce~ Florids . 33450 , r . . , . _ . The Property comprius a ualt iA. together whh an undivided intereat ia the eoromon elemeats oi. a condominium project know~A u s SFA PIN~'S Z~t ~OII~ONIINIiI?1 ~ • ' ' ~ , • . . : Cheraiu."Condomiaium Projrct'~. i ~ , . . . • ~ CONDOMINIUM COVENANTS. Ia sddition to the covenants and agreements made in Lhe securltJr insirument~ Borrower a nd Lender furlber covenant and agree as lollowx ~ , . , A. Asseisment~. Borrnwer abaU promptly pay. .vhen due, all assessments imposed b~ the Ownen Assocution or other go~ernins body oltbe Condominium Projeet (hvein "Owners twa'7 purswnt to the prov~sans af the deeluatioq by-Lwrs, , code ot re~vlalions or other constitueat doeument o! the Cond. nium ProjeeL • g, }~a,~rd ln~ur.ace. So long as tbe Owners Associstion maintains a"master" or "blanketw ~10IICy Oil 1.IIC CO71aOJ~1~A1U11~ Projecl whieh provides insuranee coverag,e~against fire. barards induded within the terrn "extended coverage.' a~d such other hazards:s Lender may require. and in such amouats and forsuch periods as I.ender may require. tben; . Lender waives the provision ~n Uniform Oovenaat 2 tor the monthly payment to Lender o! one-tweUth of tbe pre mium inslallmenLs !or bsurd insurance on the Propertp; _ . ~u) Borrower s obligation under Ui?Jorm Covenant 5 to msintiin haurd insurance coverage on the Prnperty is deemed satisficd: and ~ (iii) the provisions in UnJorm Covenant 5.regarding application oihaurd insurance proceeds shaU be superseded by any provisions of the declaration. br-laws. code of regulations or other conslituent document of the Condom~nium Projeet or of applia able law to the exten! necessary ta avoid a conllict between such provisions and the provisions Qf Uniform Covenant 5. For any p~r;od ~f timc during which such hazard insurance coverage is not maintained. tbe immediately preceding senteace shaU be deerncd to hsve no force or effect~ Borrower sha11 give I.ender prompt notice of any lapse in such haurd insurance coverage. ln the event of a disUibution o! hauid insurance proceeds in )ieu of restoration or repair following a loss to tbe Property, w~hether to the unit or to common elemenis. any such proceeds-payable t.o Borrowtr are h~reby assigned and shall be paid to l,endcr for ~ppl~cation to the sums secured by the security instrument, with the excess, it any. paid to Borrower. C. Lcndu's Prior Conceat. Borrower sha11 not. except sfter notice to Lender and with Lendei s prior written conseat,. partition or subdivide theProperty or consent toc " ' - ' - (i) the abandonment or lermination o! the Condominium Prdject. exccpt !or abandonment or terminalion provided by ;a w s n the nse of substantial deslruction by fire or other u'sualty or in the use oi a Lking by condemnation or eminent domaio; ~ii) = any malerial amendment to the declara~ion, by-laws or code o! regulations of the Owners Association. or equivalent constituent document ot the Condominium Project.. including, but not limiled to, any amendment which would change lhe per• ~ ~entage intcrests o! tbe unit owners in the Condominium Projecl; or (iii) the eflecluation ol any decision by the Owners Association to terminate prolessional management and assume seU managcment of the Condominium Projee~ ' ~ - D. NOTICE. Any notice_from BorroWer- to Lender required in the Condominium Rider shall _ ~~e mailed_ to Lender by_certified mail. to Lender's address' stated in the -Mortgage or at such ';ddress as Lender inay designate to Borrower by certified mail to the Property Addresa.etated ,:~ove. AnY such notice from Lender to Borrower shall be given in the manner provided under r:niform Covenant 14 of the Mortgage. . ~ IN ~TITNESS WHEREOF~ Borrower has executed thi Condom i m e , , I • . - . ~ ~ ' . ~ - . E ST R. OLIPHAN'P -Borrowet e . - ~ - - ' ~ • ~ ~ ~ ~ ~1L..~` ~ € ~ -Borrower d ~ • - ~ . ' ~ . . - Bonower t ~ € ¢ :.~:F: ,_co~o~o, . . t' . _ t' V C t . . _ - Horrowcr ~ . . , - .=18 : - . ; 4316, - - - - . . '~9 t;~~ p~1 9 . il . ~ • ~ . . ~ ~ • - ~ . , . . ~ - B~JpK 3Q2 P~~E. ~34 . i ~ . ~ ~ ~ ~ , , , , R~r -Fr:?~~.irn?.f.s~ l~rJ1F~P.)•S IN~'TRI~T•'Fr1T IR~v )llR $!'~.:.:~'~~,*,~~;:~y Y~ ~;~..r~ _ I I y.~. , ; i ~ . , ' . . _ g . .