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, .,.. �y <br /> �!. `�-=.�1:�'� '� '�1�.� f� lr5- �' �� (ftL"." It'S�2'�. .v.�: i � iq�,-�� ui�r -n��. --. -- __. <br /> .�� -�•,� ; �. �s'��� �„{'r�'+T`ti � <br /> ,� ' ..�.�.. ,.. .' <br /> } Y _ _ <br /> � •.-.. .. '_"_ ;.�.�..'^�7�C8F�_ <br /> . ..� . . �,�. -_ ..—_ .-.. <br /> o : _ _ . . Jl--� 102380 <br /> �. :i!`,r.ft:;."i. . � � <br /> � �.+�'�.t�{�� .. � � <br /> � .��y� � �� <br /> ' .'�`:..� . . � .. <br /> . . <br /> - .. dyR�.+R' . ..R.�� <br /> � _ ,�-�. �_------'-'—__---� <br /> - :.. � -� en� sw�a o� �m�nt�traeon eh� ���ht. �n addie�an to any oeh�r �t�nt� M! IoIt11 �n th� fiy-uw: <br /> .q 9�.:.�_� : ��,'A <br /> ' ' , " ^ (,1 �xi�s�and to tit�rS1Y oabat�i a W ����t th� �MW� of RIN aaiaule np w1L�� <br /> ' �. � p���M owrnr. Rny �truatu��. thtn�or condttton th�t �ay �rist tlur�tn caner�rr to trr --- <br /> �--�: .,-;•�..��,' 1nt�nt and Mani�9 of!1M P��tisfan� 1Nr�o�.�th�lo�rd of Atl�9nlstraton�M/l no! <br /> ', ��.:,. tlMrbY b� d�M�d 9u11tY 1ff anY �a1xNr Of tr�/WN. <br /> � �:n..a:,..... �-.--.___---_`-- -- <br /> _ � _ <br /> • � (Of To Miotn. �WL� or r�dy ey app►oprl�t• l�p�l P��b/nM� •tth�r �t lar or i� <br /> • . ' puttl►. !M continWnu of an� wch brwch. <br /> ,.: .�., <br /> t (al To OM►Y P�rtially ar w1a11Y acca�� to, WrNtlt fro�� or uM ot�17 or �nY f�c171t1N. 1L=--- _ <br />���' �� functfans. or s�rvtc��. or sufp�n0. p�rtly or wholly a�all or�nY ��9ht�ar pri�il��� <br /> . �%.=�__--- <br /> : . � of�b�r�hlp ar anY otlwr tliso1p11narY +�t1on Alr'�ot1b bY th�Bw1�d oI IIA�In1�t��tor'�. ` -_ - <br /> �. . <br /> � ,. ARTIC4E Ix. NORTQAOFB -_- -— <br /> _ , . . �—--- <br /> , s.c�tan �.�a�t� to.�rd or A►a�.tnl.axra*�sn.. ... - `� <br /> • �_ • <br /> � ' A fuit� owM� �M10�O�t9�9K h*R auSt� sh�Tl not4fr th! 4oa�d o1 NtlAinl�t�at0�/. T1M fW�d - <br /> , fhatl M�i�t�in �uch inforMt9on in • book �nLil1W "MCrt���Of '•W,titM". _ <br /> . � O�isn..�_NQt1a*���*�y�t. - �.,., �.. <br /> .� � ��..�ii4�'. _---' - <br /> . .. �;� � �1.1,,, ,•'` �: <br /> S' ; ;�';�,�,;.t'ft?�' Th� 8t�rd o� 11d�inist�ators. wMn g+v�eg .�at+cs to a ou{t� owrnr ot w e�fault +n D+f�+�4 �+L•' ..,..• .;. <br /> . ;,:+;:l.;.;.:�,, <br /> , ��t,ti�rT..' q�MSwnts or oth�r tl�fault. �Mll s�nd A GopY of sacn notic� to Nth hold��of �wol't9�9� COV*r*n9 .. ''i'j"'�-- <br /> '.�.'�i, tuch wlt�whoM n�M arld addNS� h1�N LOM�tOfOP� ONn t�N1�i�tIW t0 tfN Bo�I'd O* Ad�/Hfot�#t0�- �-=-_ ,;' - <br /> ,� . • �.t:...- <br /> ��r• �}G��.9!!�i_...FJIif1111�}91141.�041S1� '61!Na:e: <br /> ` 1 <br />�� '��'l��° EACh fUit� owMr and �aGh �orLgagM of a auit� �11 0� p�r�itt�C to �x�iM tM baokf O} , � _. .. <br /> �•:�'���' ACt�nt Of LM AtfOGiiL10f1 At i r�aROnab1� tiM. On b1MiMN d�yfr bUt f10t MO�� t11��� �V�rY t�� �"���— <br /> � • � . (3) wnth�wiLhout Sust e�uw. ,":-, <br /> . „ , - i;:�„- <br /> ABTICLE x. UE9TRUCTION. DAMAUE QR OBSOLESCFNT {.. '/"i <br /> ��f��: .}, �,:��.y .. A890CYATION AO ATTORNEY-TN^FACT IC'°r�:R(l.- <br /> a ., ' ��r��t�?'�ht l� <br /> y�'r,'r f . <br /> ' . �;tion t,_.�lK�iation_A�t4LMX-in-Faet. �,�1.:,;.,.,_; <br /> . � , - <br /> -- e���':'``.- -,= <br /> -- - � .. . TRh� BY-Ll�rf� tW a P�rt oi tMf� Maet�� D��d� h�r�br AaO� AarW�to�y and irr�wii.aDiG i�.3 �r v���= <br /> apFaint�wot of tM Associstlan �►� AttorMy-in-faot to W�1 with tM prop�rty and Wstruetian. --------- �: <br /> poaolv�c�nce, r�p�1r. conftruction. i�prpvN�nt �no A�1RL�7+�TGa� •71 aceordin9 to th� provi�lons of --.- __ <br /> ' �+ , •• � `'' � tMS Art?cl� X. Titl• to any eondoniniwn auiN if doelanei �ntl �xpr�ssly wRG� �uDJ�et Co tM t�rns �+.,.;, ����" <br /> �`'��:.,.��._ <br /> ���f�', a�d Caxfitiqns h�rvlof, �nd �cc�atanca by anY 9�anteo of a dNd or oth�r insYruMnt of conv�y�nu frow •�Yi�='�- <br /> I:':. •.� �— <br /> '���• ��,, tiw Mv�lop�r or fram any o�n�r �s gran4pr �ha01 aonstltut� �ntl �ppoint th�Aswciatton Ms tru� and .���e,:.�= <br /> �� �''�� I�wtul +�ttorrnY in hio n�. Plac� an� st��d 1'or tM P�rpow ot d�al�ng with tIM P���Y uP�� ita ;; •' Y---- <br /> . ' „ ° d�w�y� or d�atrucLion or obsol�acence aa i� M��inaft�r Provi4�d. As attorrnY-in-taot. tf� ��,=•'-.,-'-� <br /> t.F��t-J�t:;'-. <br /> � A��oeiation. bY it� Pr�sld�nt and 9�cr�t�ry or As�i�tant 8�cr�t�rY or it• oth�r tlulY auLhoria�d � �h._ <br /> ��: :�:1�:`'`x-p.__ <br /> � of�lc�r� or ;g�nta, shR71 hRV� full �nd ta�P1�t��uthorization, right and pow�r to nok�. �x�cul� u�tl , .�'��._. <br /> � d�l iv�r anv conlr�ct, dNd or�ny oth�r snstru�nt NiLh re�p�ct to tM int�r��t oT • wit�oMn�r whtch r'� "�' <br /> ,« . <br /> i� n�c�sarY a�d approprtiat� to •x�rciN th� pow�r* 9rant�d 1n thf� Artiel�. R�palr and ,,, �.�- <br /> � ,� � r�eon�trucL•�on ot th� i�prov��ts, a�uNd 1h th� sucCMdln9 B�Ctfom of thi�Articl��tan� natorin9 � • <br /> � ." tM i�provMMnts to substanli�l ly th�saM condition in Mh1eh th�y �xist�C pNor to th� dw9�. with <br /> � . ��oh �uiN ar►d !M 9�r�1 �nd liwltwd coMOn •UMnts 1►RVlnp wDstwntlally tM sw wrttul �nd iw, ..;� <br /> ' �, . horizontal boundaN�s as D�for�. i' . i¢• ,� <br /> ��. � <br /> ..3 4-��� <br /> ,'�'. i '- .. . _ <br /> ,,,'. r �,1h� „ �gt4p1 g� Oa�ay��ll4 DntructiDr_::�qpair anG R�con�traceio*+ Nandatorr. '>�•,,�:- <br /> � i:��; �'•t j:j1,:.tr�' - - <br /> • �•��: ,; �� ' •�1'�•:�": Ia tM wmt oT anY A�9� o� d�strpction tlu� to 1ir� br otMr diMSt�r. whlch dawy� or <br /> t..!Ji, ����„,���'�`� ' d��truct9an is del�r�in�d by th�BO�rd of An�iMStr�tor� to �oss tMm aiKty-�ia uW tMO-thirC� p�re�nt . <br /> . ��:�� � � <br /> � f;,.e1•�:;�:%�! . <br /> +''•'. ' . � � ,<<. � (E8 2/3%) of tt� tot�l r�Plae�ent cost. not including 1and. of t� buil4ing contsining th� <br /> .s•., .. ,ir/n�:.�., ,, , <br /> � � ' i.r,�•.���;� eondoniniun suit�s in any R�9iiw, nuen daMag� or d�struction thAll b� PraqtlY ryPafr�d �nd <br /> ' ;;•jxl!;',,;( r�eonstruetad by thw As�oei�tion N� ,�ttor'rnY-in-f�ct. entl the A9tOtiwtion shall hnv� full authoHtY j,�i�?}�. <br /> ' �,+�'� :•�' to d��l N1lh ��luranc� proeNda irt �ucn r�p�ir ��d r�eorntruct ion. i�"`., <br /> � , �1�`,��C1?��. <br /> �)._t.���t 4 <br /> �:�•�'���.,, ;�.: In tM �v�nt tt+wt insurax� procNds nr� inauftlei�nt to r�9ni� anG r�eo�atruct tM <br /> . .�•��,`1,�� �l� 1�Prov�M�ntg. tN� Asaoc+l�tion sh�ll l�vv + sp�ci�l asti�sfhnt to Drov1UO �n ��ount su}fiei�nL to <br /> :r�.tir;r . _ <br /> . conduct said r�D�ir and r�cOnetruCtie�a1on9 Mith insuranc� Prx��OS. Such MfMSfNnt �11�11 b� 1�v1Ytl <br /> �nd coll�ct�d �cearding to 8�atlen 5 ot Articl• v. <br /> � I goctiyr�.3. D+�a9� P� Mst�uctio�.�- R�Da�r wn0 H�tonftruciiv� OP��onal. <br /> j In th� �v�ns oS Ca��g� or d�struction du� to f:�s or otMr disa�t�r. Mhich d1u�g� o� <br /> i d�structfon is Wt�n�irwd bv tr• Pca�d of Adwin+at�aCo�g te t� etxty-r~x �n0 two-thtrtl� p�rt�nt (66 <br /> •�� j 2/31c1 or +or� af t� total r�pl�c�wonc cost oP the nu�ldin� cc�talninq tM conda�f�iuw suft�� in �ny <br /> ;�� ' p�qieN, not -�+clutlf�g land. tM Pwr;• gPall �orthMith, M�2�^�� •.hfrty (30) day� of cn� occurr��e� o� <br /> �p1d daeag� cr �struct+on. cal l � yoec•.a1 M�AWr's M+�t�nC +o� 'h� purpos� of pr�Nnt1�9 to th� suit� <br /> 1 owrwrs tru alt�rn�tiv� flf r•rp�lr �na r�construction ur sal•a. rurawnt to S�ctfo�s ! c* S of Art�tle <br /> K. At sucrt e�Nt ing. th� Board 9h�11 pr�ti�nt �a!i�nat�fl Of r�pA�1r wn0 r�construet 7on eosis, tFr awount �.���, ,� <br /> � ot +nsur�ne� prx��ds ava+lebl�, th� provs:Cee nscess�t� Ior, an0 awa+nt +• �nY� O� 9W��+�Z • '� .. <br /> us���+�ntr Mc�s�ary to cov�r afi� d�fictMty �• .'fuY�ht� �+'OCNdl. CM OrOjKt�tl f?1�D�iC� O* th1 � ';%I , : ��., , <br /> � prop�rtY a� is. �nd projKt�u d+st��t.,tiun c* art funOS. �^:�.�G1ng infurAnc� OrocNds. fhOu�9 t'1� •�• � : �: <br /> i ' oMn�r�choo�sal�rath�r that ��DY+" ,Lwd ��CCrSt►yCY{W`. Lr d��+ving �t sue�.*iqur�s e�o� pr�s�rt�a <br /> to tM o«rwre. th� 8car0 :aa� wc9v• 3�ch •.Wrtf� as �f�►MJ �av5sabl�. Aft�► ptisonraS.on of •11 ' , � <br /> ._ �•w� ..ww..��f D�at� � . <br />. , _. .. . � 1'�1�V\f1L f�pliflG��1 �r,IQrN�tid1 tvir i�Dl� t4 t.n�owra. i.n�vwiiiPi 3' `..i� :::::OD '.. _.._ _ '-"' "' . <br /> i <br /> i sMll b� rs.y�,�sd!e a�fWt �nan��ously •i!�r a Cian of r�qaSr nnA r�COnstructiqn or a ;TpR c/ �al�. <br /> If fuch unav+��ea+�af}ern�at+v vot�o� said a����r! is rat obt�fnW, tM Board O� ���+�t�aL'ars of th� <br /> Af10CfaE.on Alv �.1Dpt � P���of ��� DSntl{�g upM��11 OMMI^6. ARY D��A s0 AdODt�6 w!L lubf�4W�tly <br /> � ' b� �po�'aowd �n wrtiting by th� ��-�t •ortgag��s of r�cOrtl w• of th� Aat� of �AODt�u++ nf th� plan. <br /> • ' ��Ct1ot1 �, Pi�n 0� pfF#!r. and q►Sonftry�ettq� -- DN11� of Wstruction• <br /> t <br /> ! In tM���nt that• Dl�n of r�p�5r �n�Y r�conaCruct+on ts adopt�d bY th�cwn�rs anO suONqu�nt�v <br /> � apDrOv�d Dr th� /ir3t Rort9agNS. ws Abov f1t �Orth. the Board o� 40����str�tOrt fhall �ortf+with <br /> ' . orQG�HC to r�p,ir •nd �'YC4nitruct th1 +IlDrov���nt0 4� 4�t �orth �n Sectiu� : o� Art�c1• �. <br /> I <br />