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HomeMy WebLinkAbout0372 ~t~ST t~ ED~RAL SAVt~GS Ai~D LOAN ASSOCIATION OF ~ORT PIE~CE #04-23046764 C O'~ D 4~~1 I 1 I L:~~'I R I D E R Ttiic Co~tK~.~?~~~~~t RtnLK macic this. . . . . . . . . . . 1 St . - - • • - - - . . .c:a~ of . . . . - - - • . .MdY . . . . . . . . . . . . 19. .7.~, and ic inc~~rp:~ratrd intc~ ai~d ~}sali hr ~i~,:n~d ~n :imrnd and ~uf pi~?n~nt a~fort~•a~e, Dced of Truct ur D~ed t., C,,:;~re I):~t (hrrrin "~r:urit~~ inctrurn~nt~~) cl~ted of c~•cn d~tt: `~rr~:~•i~h. ~i~rn h~• th; undrr~i;~aed (h.rein ..R,,r~~~~~er"1 tc~ ~_•c:ir: B„rro~~cr'~'~,,t: to.. . . ~'IP,ST .~tL`°RAL .S~I~I?d:~S. _4:D.LC9Pd. kSSOCI~TID,~' .0~. . ..CORT. P.Ic.t~CE.....(h:r'rin "Lcnder") and cc~~rrin~_ thc Pr~~ .rt~ dr.rrib~•d in thc ~ccurit~ ln~trum.nt and t,~~a?~d ac. . . .9.710. South AIA, _Jensen ,Beach_,_ Flori.d~ . _ 3_ 457 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (Prn;~eRy A;1 :ress? ~I~he Pm~rrt~~ rc~mprise~ a tinit in. to~~ethrr ~~i,h an undi~iJed intrre~t in thc ce~n~mrn rirment~ of. a ce~ncl~~n?in~um ~r~~~rct kr~~~tn a~~. _ OCEANA_ OCEANFRONT. CONDOMINIUM_ ONE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . fhamp pt GOr~o~m~:~~~ir. P~;i~eCt) . . . . - • - - - - . . _ . . . (h~rein "Condc~minium Prc~j:•ct"). C~~~:>:~~11Xi1'M C(>~E'~a~TS. ~P a~idi!ion to thc c<~~.rant~ and a~~r~cmrrn~ n:.idr in thc ~rc~~rit~ in~trument, Rt~rrc,u'~r a~id Les~d~r fiirtnrr cn~~nant ~nd a_•r~c a~ ft,llo~•t: ~.•ec.~ncntc. Burrc~Hrr ~iiall ~ r~,mptl~ },.i~•. Nh~n dut. ~l': .~•••,•~mcnts itn, <,<<~d h~ thc O~~~er• A,•cs~:;'i.~n (~f tliflif i~~\~:I11i1~ ~(1(j\ pf T}1C C~,nu.~n~inium Prc~ject (hrrein ~~0\i'Ilifc .~~.~1~C13i1(lll~~} ! ~r:u.+nt t~ thc' ~iU\'!~Il)T1~ (~f i}1C urcl~;:~tiun. h~-]a~~s. ci~de of rr•~ulati~,n~ c~: o?h~r ecm~titurnt dew:im.nt e~i the Con~l;~min~um Prc~jeet. B. l~:srird ln.urance. S.~ lc~n~~ s~ the O~tner~ A~.c.;iati~~n masn,~ins .i "n~ac~er~~ or "hl.:nket'~ ~c~lir~ ~n the (',~n~icj,~:~nium Pr<~i~:t ~~hi.h ~rc~~i:jcc inwr.~n~r cu4rr.+ec :~:_ain~t firc. ~;:+z:~rds ~nc'.t~:1~•d ui;hin the trrm "~~;rn:lcd rn~~::~~_r;' and ~unc ~~thcr h~7asds ac Lrn.ier ma~ reyuire. ~nd in sc,ch .eme~untc :ind E~~r ~i,.h p~riu;i~ a~ Lcnder ma~ r, yuire. tli~n: (i) Leniirr ai~•e~ ih: prc~.~i~ic~n ;n l~nifc~rm Cc~~-enc~nt ' for the mcm':~1~ ;~a~ m; nt tc~ Lene3cr elfsh ~~I ih~ i~irmi~in inc:;,~lr~~e~*.c fc,r hazard insur~ncc on thc Pr.~p~rt~-: (ii) Bt~rr, ~~rr'~ ~hli~~aiion ur~d~r l~niform Crn•cnant 5 t<, r.:•:~intain h::.::srd i~~urance ~<~~~ra_~ c,n .h: Prc~rCrt~• i~ drrme~ sa4i~i ed: ~nd (iiil thc ~rc~~isions in C.ni{o:m Cc~~~enant S re~~:~n?in~• .~p~liccz:ic~n ci; h: iard in<«r::nce f rck«cic >t,all bc ~t~,,~;•rclcd h~ :+m ~rc~~i~i~~ns c~f thc dcci.~-a;ic,n. h}-'.~~~~5_ c~~ci~ c~i rr~•uia:~,,r.~ c,r ~•:nrr c~~r.~titu,nt cic~cumcnt c,f thc ('c•n~?~~:ninium Pr.~jc•ct ~r of at ~~i,ahlr la~~ tc, thc cxtcnt nr.r~sar~ to ~~uid ~ cc~r,~ic~ b_t~::rr. ~:ich prrn•i~ic~c an.i iilC 7!M'~1(~^~ nf L f11il~TR1 COY~fl:fflt 5. ~'l~T :i/2\ Fk'il[~(~ <~i iti11C C;ili!i1L' \i[UCfI ~i1C~l }~.i.•ard 112~U:n:~tic' l(~~:ii:~C 1~ :IOI ;:ain::~inrd. the i;t:inrdistel~ ^i~.r,iin~ ~int_n~e stiall he cl~t•mrd tc, hs~~c nc, ic,rce c~r r~~•et_ !i~~rr:,Uer s;~all ~irc I:n.~;:; l~r~~~r:! i n.ni:r n` ::n~ 1.:;,~e in ~,,cn }::::ard in~u::+n:; :c,~rr:~:'c- ~ ~it i}li C\'~pI Of d 1j1~~i)tiIIIIJf! Of }:87sI(j 2S1cllf:~i1CC ~~llkCCl~~ Ifl ~IiU Of (.~T(~T:121(~Il Oi ICr:fl( ?(~1}i't~!(1~ 3 1(`cc in ~ ;he Pr~~i,~rt~. uhether tt~ the unit Rr tc~ cc~mme~n elrrnents. an~ ~uch ~rcrrecis ,~a~.~hle tn 3,~rs~~uc;r arc herch~ a~~it•ned i :~nd ~hsll he j:~id t~, 1_rnd~r fc~r ~~i ii.ati~~n tc, :he ~um< <e:ur~-d h~ .h: ~e:uri:~ ir.et:umrnt. ~itn ;h, ~~c•.«. if am. - - ~ i~? tc, T.~t~rr. ~crr ~'c _ ~ C. Lrndrr'~ I'rie?r Cun~ent. Bur:~~~arr nc,t_ :•.:.s! :~ir~r n~;~~e t~~ 1.na~r :.nd ,~~tn I~.:.ci~r~~ l.:i.~r ~~r~t'rr. i c~~~~r!:(. ;~:~7U~ii~n ~~i ~tfhc;i~~i:1c' t}i: P~t~~~~rl~ c~T ~,:,^,<<ni tc~' . 0 (1) ;(t° ::~~!t~~.~S~rncnt c~r term!n~t~c~n ~f tiic Cun,?c~~~t::fii;m l~f(+liCl. C~~CnI I(~f :~~~:fli ~~^f:;:iil (~I l~fttll;:::il(~fl y- ~rc~~i~ird b~ !'s~': ir [h~ ce~_ c~f ~u~,;~:nii~l ~~:'ctru.'~c~n h~ ~~re i~: t~~h:r ~[~~::31;~ nr tn it~~ ~~f ia?.~.^.~~ h~ ci~n.j:n~r.~;inn , - " - ~ ti,~ ;inc•nt c';•.:~:lin_ _ i (ll~ .t:]\ ~.~:3:.:i:1~ ~..Il::l:.~'Zli i~ I}l~ t~~~:.::~r~.~n ;r•.~-~~iU~ iDi (i,f i ~:•:L._~.,~~• ~l~.~t~~rc :~.•l(~:.d~t,.•T'i. ~ , . . . - ' ~ ' " ~ t~! t'UUf'.::jctl: C:~[]iU:UC'tl! ~j~+Cl:!11,f1I (~j i~l~ ~(~(1.~~~til:tltUlT] ~'~~~i~i. ;:1:.:!i:i?:~_. f~U~ Tl~~: ~ 1;11~C~ ~r_ ~m :~~_~:*~:.:s:~rn: _ fl ~ N:~tiilj it~.1!1`'C :}I~ ~~CICC.'1:3~'E 1f1?tfCSiC Oi t}1C t:illi (~~+ll~fc !.1 I}lc (~<;n;i~~;r.i~iuni Piti):~I: Of 1 . . iiii) ih_ efie.^tuation oi sm d,cisic~n b~ the O~~n~r~ :1~.~~~~i:il~on Ic~ term~naie pri~fr«rTnal man:_:n3~nt cnd ..~~~:~i_~ ~,1~-m::n:s~,r-i_n: n•` th^ Ccmd'~:n:r::urn Pr.~~rct. n. Rr~nrdie~. lf R~~rrnNer l~reachec R~~rre~Ner'c co•en~nt~ .+nd arrcrr2~entc hinvfn~ler, inctutiin~ 1hr co~e~::int € 1~. ,<<~:n t`.ue c+•n~1~~~riir.ivm e~~r«<~~entt, thrn Len!ter ~n~~ in~~~l~e :+m ~•_~nc•i~ic~~ ;ir~~•i.ird untfer the •rc::~it~ E .-.•trun~cnl. inc-~uciin,, hot nnt limitrd to_ thu~t~ pru~idcd tinitrr l~nif~~nn (~u~rii:~n1 7. ~ Sc ~~~fii RFOF. E3C~IfC+Nir na~ c~r:u~ect thit (~~~il.~!~~illill~IT1 RI(jCT. f _ ' ~ ':9 i 9 F~i'i 2 I PM 2~ 38 c~~2~~^~~-- aheFecun~to ID A. VALL JO } F LED ' ~ ROGER POITRAS ~JJ i CLER1t C{RC~JIT COU ~ f~, , Z/ _ _ - ~ tuco~~~r~r~~~-^_~, NANCY . VALLEJO os~ ~%n~ ~ ~4sc~o ~ " ! = aooK 3U9 QACE 37z ~ ~ ~ , . . C . . . . :r, . _ tr.-•, :.ti ~i='~ . _!~.V1 sr,~; _ ' 4 : q52"" .Qe$R: ."'`'.s~ ` S`v~'y11'„s4e7~" +u~~;~., ~ ( ~ ~v: If ~ 9i'~:~-