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HomeMy WebLinkAbout0177 r~lRST RAL S.~YiNGS AidD L.OAN r"~SS~ClATION OF FORT PlERCE CO\ D 0:1~I I:~ I L~ R I D E R ~oan ~ 02-23056037 22nd June 'Tti~s Co~i,o~,i~ii'~~ R~!,t F: i. ~,a:i: th~c. • • • • . . . . . . . . . . . . . . . . . . . . . c:a~ of . . . . . . . . . . . . . . . . _ . . _ . . . . _ l9. .79, and i~ inec•r~~~:at~.~ ir;o and ~haC hc drrmeci ic~ amrnd 'and ~u~p~ernent a~1c~rt._a~~e, D:ed of Trust or Deed to Sceure D:bt (h~rrin ''~~:urit~ imtrum~nt"1 e'.atrd ~f e~en ctnt~ h~r;~~ith. ~~i~~n b~' the undersi,_nc•d (h~rein "Borrc~~tirr") tn <<-cure R:~rrc~w.r'c ?~~te to. . . . . . F?:',ST .cEPLF.A1. S9VI"7GS. A,`~,~?.LOAN. ASSOCI9TIRId .OF. . . . . . .rGRT. PZ~r~CE. _ . . . (h~rcin "1_rncle:") snd co<<rin£ the Pr.~t ~rt~ .tr~,rib;d in thc ~ecurit~ in~tn~mcnt and lt~~:,~c~+ ac. _ 3266.South Federal_ Highway, _Apt,D.,Bui.lding. 6~3 -_Fqrt. Pierce, .F~prida_ _.3~4~Q (Pro'verty ndOreSS) ~ "Th~ Pr.~~~rt~- rnmprisrc a unit in t~~ether ~~i.h an undi~ idrd intcrest in the ce>n~mon elrments ~f_ a~~~ndoi~~inium HIGHPDINT OF FORT PIERCE CONDOMINIUM SECTION II , prc~ject kno~~n as (t.eme ot Con~cm~n~urn 'rrc~ect) • - • . . . . . . . . . . . . . ( h; rein "Ccmdomini:zm Pmjrct" ) - C'o~t>o>t!~~~T~t Cc~~ [.~:~~TS. ln ad 3i:+an to the ro~rnant~ and a~,reements mad~ in the ~ccurit~~ ir?sirumrnt, Borrow~,: a~d Lendrr furth~r :c~~~n.3nt and n<_rci• a~ fc~?I:~~~~s: A. Ati.e~•n~cnts. Bi~rri~~?•rr ~hall Fr<~mptl~' ~a~. ~h~n due. a!1 .~~eti.mer.t~ im~n~cd h~ the (~~~nerc As•c•c;ation ~~r ~th~r `~c~~erninc hcxf~ ~f th~• C~~nc~c~~ninium Pr~ject (lu~rein "O~~n.rs Ac~~~iatiun"~ ~ursuant to the pro~i~~~ns ~f the drela,ation. h~-l~~~s, c~~~r of rr,,u~.~tion< <~r ~thcr ~~,mtit«ent dckumr.n; of !he Cnn.~c,minium Pr~ject. E3. )Ia~ard Tn.urance. Se+ i~~n~ as the O~~nert :1~«~ia.it~n maintains a"master'~ c~r "hlc~nket" p~lic~~ c~n the Cc~n:i~~minium Pru~rct ~~ni.h prc~~id~~s inwrsrcc c~~era~c a~•ain~t firc, haz~rds in:ludrd ~~ithin ih~ icrm "cxtrr~ded r:~~~r.:~,e." ~nd cuch ~.hrr h:~7ard> ~c Len.lrr ma~ require, and in such amc~unts and for SJC}t ~eric~dc ; s Lendrr ma~' reyuirc. ~hcn: (i) Lender ~~~i~<< the ~ru~i~ic~F~ in L.'niform C~~~enant ? for thr :*.~i~nthh pa~ment to L.nd.; ~f c~n~-t~~rlfth c~f ;he ~remium in~:aiim: n?~ fc~r h~l7:+rd insvrance on the Fropcrt~•; (ii) B~:re~urr's c~'.~ti~ation under Unifi~rm C~~~Lnc+nt S ti~ main:sin ha~~rc: in~:~::in:.e .c~~rr::~~e c~n the Prc}~rr,~ ic c3cemcd satisfi~cl. and (iii) the prc~~~i~ions in t:nitc~rm Cc~~enant S[C__A((~If1Q a~~licati.m of ~~iard in~u~::nce ~rc~:-erds ~haU he su~,:.;:1ed h~~ am prc~~~isic~r.~ of tne d:~ciar~?ion. b~-la~~s, ecx~e of rr~ulati~~ns c~r ~thez ccrostituent dc~:un~ent of th^ ; C~~nduminium Pr~~ject c?r ~t~p~i;able la~+ to the e~ten~ neccttar~ to a~c~id a ce~nf?ict h:ttiern ~uch prc~~i~ic~:i~ .end ~ - thc pr~~~.io.^.s oi L:nifc~rm Co~.n~nt 5. For a.n~~,~crind of :imr durin~ ~~hich .uch h.~;ard incursnce c~~rr~~^e i~ not ! m:~in~.~ined, thc ir~mrui:~tel~ F,rr~ec!ir~~ ~entenee shalt he c3r~med tc, t~a~e nc~ i~rce or cf~ect. B;,r;;,~•cr tih;~ll ~i~•e ; Lcn: rr rrompt n~tice ~f :,n~ :al SL' ifl SUCh ha~:+rd lf?C:1f;ii1~C ce,~er~~~e. ! ~!1 1~7C .~i[lt (l~ :1 ~jlCeTl;%tlil(~Il :)f ~I:f/:i~~3 in~ursn.e y~f(k'CiCjS IP. ~Il'ti (lf (C~il~t:i',1(lfl L~i FC(1:11! ~r•~i~;~:l!1~ j~~SC 10 [hr 3're»rrt~, aheiher u~ the unit c~r tc, ec~m~~~em rl;m_nt~. :st~~ ~u.h ~~rcK:ecds p's~nhie to R~rrc~~?rr :~rr h.r.h~ ._~c~~•ned ~ a,~d ~hall be ~aid t~ 1_r~det fur .~~~licatic~n tc~ thc sum~ •~•cUred h~ thc <<curitc in~trurnent. ~zith the e~cet~. if ~m. ! ~aic'. tc, Rc~rrrn~~er. _ C. Lenders I'riur Cnn~enL E~vrn~«er ~halt n~t ;~ccpt t~it~r n~tice ic~ L~nder :~nd ~a~ith l.~n.irr~. 1:~~~.* ~.+r~iten € c~~~~rn:, par:iti~m c~r wh~i~•idc thc Pr<~prrt~ or ccz~~ent to: ; _ . ~ (il the :~t~a~~.lc+nr~icm c~r tr:min~tum oi the ('<~nct~~rlinium Pre~jeci. rxcep, fc~r : h.,n~ji~':m~n? u; t~r:•~;~;::?~cm q proci:~ed b~• law in th: eatic af sub:~tani;al d_~trueti~~n b~ ;ir~ or ~~,hr: ,:is~l: L~ ur in (he ca.e c~f a t:i~in~ h•, c~,r„'.: ;-:~.:~'inn : c~r ~ minent :~c,main: s ~ ~ (ii)' ::n~ m:~;rrial a;n:r,:irrent ic~'hr d~cisra;ii~n. h~-iaus ~r cc~iie n; r~~u~a:ic~n~ of !he Ouner~ -+~,c~:i:::iim. ~ (~T c':~:71.cs~~nt cr~nc;CUi:1T U~i~ti! ~1CT11 Cli i}1C ~<~!1lkdP.rl:l::f:i ! !l~t~':t. :f+;~il.?1P.!'. ~?U? Tl(~? ili!1?fi'iy 1~~. :~R\ ..TTI:'~CirliTl: ~+hi~~l y .~i,,,i(I Ci~:iT'~-C I}l: ^:r:.:i~~ 'C ifil...c'~!~ (l~ ?h: 11:11r t~~~~.f~ in :ne ~ c~'!~i.~:I:tiitl~~t? ~fiu.C:: (~t r ` ' , ~ . . - .1 ' . i ' „1 ~)Tr1tr<~IV~iili iU:i!L1~ ~i:~tfi. .:'1•~ 1111~ l~!_ C~i::...:',~1>!: .:C~~ ~j:.~l~j~li: 'il'." ~IN'i~,:5 . `~(~:1dlli)i1 I(~~ . . .it°i.:.C 4 _ " " " s~.Ct:I?~C St'~i-i]~:~C+::~.Til~f1l n~ ifl.° C(~!I~jn:nin:.;m ~ii~~CCi. ~ ` f). R~•~nedirc. If Rurru••rr hreache~ RurniNrr'~ cu.en:+nlt :i~~d errrcmentz hrreunder, includinr fhe ca~cnant ~ Ic~ pa~ •~hen due ctrndutttinit;m :i..~•~~inrntt. Ihcn Lendrr ma~ im~~be nn~ remc~iie~ prn~ided uia:ier the ~ec:srit~ - in~'rumcnl. inc~udi~,r• hu! n~~t iimi~rc! t~~. ?h~~•r pn~.i~ird un~tcr l r:iS~•im (~~~:e;::~n1 7. ?j t~.'.t;.~~lieiL'c~(~~~.:~.~,.. t1_. } ~*~_::ii~C'...1~~:.... ;T'.~:.~,..?T: ~li~.I. ~ , ,~-g 3: ~ I ~ C~iuQ~ - ' ~ 19 r ' . ,y s ~ ' Ronal~~ ol l ~-~•:-e, :t ~ ra~~u ti?.v ~cc~-.,;s ~ t r " SLLUCIE GC°~`~~ Y.FIi+. ROGER POITRAST t-~ • - ~ ~ CLEkit CtRCJii C~~' - - ~ r?.r~.."'~___' -6~ ~wer _;3 R=_ Mo a M. Carroll . ~ 452,241 ~ ~ ~ - e~~'~x3~3 ~~UE 177 , ~ CI~Nt~d~j~~~Lir ~:~~R . - ~ _ - F~vR (HiM: ~hii..~.M IhST~~w:NT : . . 1 _ { "I! I J " \ ~.-~.I . . I , " ~ - 1