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HomeMy WebLinkAbout2536 i ~ s ~ 4 I Multistate Condominium Rider TH:s coU~~o~,~~~,u~:; a:.~~c~s--25th - ~a,-or_,_ Januar~ --g0 - . , c~~.,~G;~~;a~:~ ~"te ana sr ~!eE~ ~~~.1 ?o ar ~erd an~ su;~piement the Mu~tgage Deed of Trus' or S~~,.,, ~+y [~~~cc+. ~t~:~ ~n~'~u;nect o! 'he ,amr ~~a~e ~:~,v~~n bv ?ne unCers~qned (tr~e Borrow•er~~) to secure Borrower s No?e tu _ RARNFTi' RAT~C Q~~`T~ T.IK`~ . C`O 1Ni'Y _ _;'n~: i_. ;~~r ; u+ !he Sd!'~C d~iB ~nd c.~~ ~r~r~~ ?~ie P~.;;,~ rty descnbed ~n the Secunty Instrument !ocated at Q~~_jy~.~_tiNTT 14F. FT~ PT~32('F..; Fiorida ~d_94~ ~ ~~~.::~e•+.~. ~±~<<~ss) ' „ :c;:. ~3 , . Cc",^E" 3^ .~f?u~v!dBC1 i~!efE?S? ~n the common eie!nents o` a conde••, ~:R~ ;lr~' i'i'' ~ _ ~Nf1f1MTNTI IM ('~a'~e ~ n ~r; Pru;ecQ ~;,'1~i)!'L'tiurt, P'i:;E'C:( i~~ ~he O."rners assoc~at~on or other ent~ty which acts for ihe Condommwm PfO;CC', I'~t' n:.ni_=~, A';~•~;;:~3; J.^. 1`'UICS i:fiE :1.'O:;f'C'; f0! IhE De!lEhi Of ~JS2 Of ~ts members or shaieholders the Property atso if'C'UdeS C`~G!t~~,1!~i nteres! r. tne G~:~:ners As,oc~at~;:n and th~ uses proceeds and benef~ts of Borrowe(s ~rterest Condominium Covenants. in ~-~~~t~on ,o tne cevenarls and agreemenis made ~n the Secunty Ins?run:er", Bc~~o:.~~~ a~ c. _ r~e~ !~~'^e~ covenan' and agree as follows A. Condominium Obligations. Borrower srall perforrr ali ef the Boirower s obl~gat~ons uncer the Conoom n~u~r P~u;e~± s Consh~uert Decun~ents The Constrtuent Documents" are the Declarat~on or any other doc~menc wn~ch c~eates the Cundom;n,u~r Pr;;~e~t ~ by-ia~vs. , cede ef reguiahons: and (~v) other equivalent documents Borrower shal! prompt!y pa~, :^.^i:n due. all dues and assessments ;mposed pursuant to the Constituent Documents B. Hazard Insurance. So long as the Owners Assoc~ation ma~nta~ns. w~th a gen~raliy accepted ~nsurance ca~ner a rr~a ~?er or G~anket c;o!~cy cn the Condom~n~um Project r:hich ~s satisfactory to Lender and wh~ch prov~des ~r,surance c;,ti ~~~ag~: ~ ar^o;.r!~ `~r 'r~~ ;:e~~ods a^d agamst the hazards Lender requ~res. ,nc!ud~~g t~re a~d hazards ~nclude~ ^"'F•'.~~^ ' 3 tY!E.'('~,^~n!j ~C~:~'tc"3Q~ ?r'•t;r' ~ - 9 i ~enUe~ :.a~ve; ,h~~ :~o~;;;,or ~n Unrform Covenant 2 for Ihe monih~y payment to Lender of cne-?:.e"'n 1~=• ~~~ar~~~, ~ d ~ ~~a r~ r.`o ha~a~d n~„rance or tn~ Property. and ~ r~:;.,~r ~ o~' qat „n ur.~e~ Urntorm Covenant 5 to ma~nta~n hazard ~nsurance coverage on ;~e P~;,:;e-~, • . ~ a s sa~ s` ; t;: tne ...~~~;~~t ~ha~ ~rr. ~e~u~~e~ coverage ~s prov~ded by the Owners Assoc+ation pol~cy ~;7"O:•.f:' q:~' ~E"~~E'! :;'Cr?'i;! n~'~ce of any ;apse ~n rE~q~~red hazard ~nsurance coverage '!1 r 3 ~>ir!h~:'.~G" C~ `'3Zd~Cr fflSUfaf1C@ pfOC@2G~S Ill I~@U Ot f2St0l2TIOf1 Q! fBpal( (G~10'~1'!llg 2 iOSc !C lhn P• ):~~,.r , i ~~~r r~ c,. ^~~~~o^ ~~'c:~r~rr.s any preceeds payable to Borrower are hereby ass~gned and sha:~ be c.~a d~~ L~:~ ~ i.;• cat~;,r~ ?^e c,„~•~,= s: ,,;re:; b; ?he Se.cu~~ty Ir.sirumen! ~.vi?h any c~xcess pa~d to Borrewer C. Public Liability Insurance. Bor~o:ver ;ha~l take s~ch act~ons as may be reasonab~e to ~nsure '^ar r~F~ ~~~5~:. ~t' ~ ' 3' . , ~h:~.^y' ^~U'3!1C~ pG'iCV BCCeptable ~n form, amcunt, and extent Ot COv@rage'0 Le^::~:' ~ D. Condemnation. r~~• ;,roc~_ed~ ot ary a~~:ard or daim tor damages. di!ect or consequent~a~ payab'e tc 8:;-• ~ ~ct;c~ ~~a' ~n .~r uthe~ ;ak+ng of alf or any part of the Property. whether of the urnt or ef tne c„mrr~;;~ e~••~ ; ~`;~ar.~, co^re,a•~cA ~ . cr"ernna}~or areherebyass~gnedandshallCepa~dtoLender SuchproceeCssha' ~~~a:::- ~ ,7r~r ?he s~.:•~,s ~ e Secunty In,str~ment as prov~ded m Urnform Covenant 9 s j E. Lender's Prior Consent. t~orrc:~:er sha!i not except after not~ce to Lender ar,d w~th Lender s pncr :.r-;?e~ :~=~_•~r ~ • . ! c~ 5 r,,. . _ . . _ ccnser.? to ~ .~~r. _ ;e~ na' cn c! the Condor,,iruum ProJeci. except for abandonment or ?err . ~ - , ; . . , ~ ..c:~ ~r otner ~asuai;y or ~n t~e case of a tak~rg by corder~~r,a~~on or . . . . . ~~~n cf ,ne Cens?~?uent Dccumen?s rt the prov~s~on ~s'or ?he ~x~ress t;ere` ~ _ p . t:O~-„^E~'^t 3^C~ ZSSU^'F:IIV^ U~ SE~±-!^2!18C~`@Rl~^t O~ lh~' J::'I;i:~C %~S~LC .i' ' , . : . ~,a. ~ ~ffec? of rendF!~r.c the oubi~c I~ab;l~ty ~nsurance co~. erage n a ...a ~e-: : ~ ` . ~ .Remedies. ~ . ~ c~~~.~~ ..~n,:;~, dues znd assessments ~vhen due then Ler.der ~ray ,;a; : . , r,~-. m ~ . . . _ . . ^:S :`~r3~r8~:^ F S^d~i becume acd~t~onal debt o! Borrow~r secured by IhC st?i;u! I . _ ~ , ,,~;r ter~.s of nayment ?hese amo~nts snall bear ~nterest `rom tne date o' C ~t, s~~• at ~ . , . . . . . . ~ . ~~~st _,,,o^ n;;?~ce from !erder tc Borro~,ver request~ng Gaym:;,.t ~ t ~ ~ : . . . . 3^': a~'nn~ '0 ?hC !Pf^'~S 8~:~ Ii!vV!Si0f1S CO'??~inGd ir lh:~ L.., ,~!C; , f{ ~ - ~ ~ ~ '90 FEB -1 P 1 :40~~ ~„L~ Y _ ;Sea~! 1022869 - _ , . , - ; - x c. B~ nni ~ . , ' ` _ _ . ~~~,'L4-~'1 ~ . . _ iSea~.) ? CAROL J. BARR ~ _ (Sea!) ~ ~ IS~~') t _ ~ ~ 'r 'z = MULTISTATE CONDOMINIUM RIDEH-S e~a- ,--FNMA/FHlMC UNIFORM INSTRUIriENT Form314012'83 i C1L 2 1: F~o.:s.- 0.-1•.,;..; a•e oCS~e~e Gr+9i35 F=. ~ea BOCK 6~5 ~ACE~~~ ' ~ ~ ~ ~ ,:r . ~ ` ~ r ~ M~ ~ : , : ~;~~r- .