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<br /> --- �t1it.CaNDOM{NIUM�IDtF11�mW�th1� t�th �yaf�,�„ .,., 93'� �—������
<br /> ' �nd N Inaorpornpo l�to �nd��II b� d�mrd ta ��d and n+ppbm+nt tl►� M � ',OMd ol Trwt a Nou�lry GM (IM
<br /> "/�oudty Ie�umM►t") of th� � dtw �►wm by th� undKtlpn�d lth� "�arowrr'y q wa+n �orr.w�r�• Nw M
<br /> � � NOAWEST B NEBRABIU. HATIQNAL ASSnr�Tw�r�nH
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<br /> --_�w��� (dN'•L�e��")of th���d�a rnd oov�rino tit�P�op�rey dMOdMd tn th�i�ou�ily Inttrum�ne�nd leo�bd�t�
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<br /> Th��rop�rty inotud��a unit in�towtl�r wltM a�undlvidrd Inbn�t In th�aommonN�n�nb of.�oa�domintum proNat knownus
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<br /> THE YANCEY C6NbOM�NIMUM
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<br /> __________ 1th�"CondomintuM P►oJ�at"1. If th�ownm�NOCl�tlar�or othe�mdp whlch�an for th�Condominium P�oJ�ot(th�"Own�n
<br /> - -_- Atlod�tlon"�holdl dtl�ta PmprrtV for th1 b�nlflt or ul�01 id numb�R or Y1�nhold�n�th�Proprty�I�o Inalud110onowu'�
<br /> Int�er�t In tb�Own�n A�not�tton�nd du uw�,praa�ds�nd Wn�nt�of Bonowrr't Inanu.
<br /> • CONOOMINIUM CtWBNANTf. In�ddlelon to th�aown.nt��nd pnrm�na m�In th�irou�tq In�twnNn�.Oarowu
<br /> _,.,m;- �-- �nd l�nd�r tunbu oovm�nt�nd�r�+��fotlovw�
<br /> ���° II, Condomlelum Oblip�tbm. sorra�wr �h�ll p�Motm�II of sanowrr'� obllp�don� und�r th�Condaminium hoHat'�
<br /> �:��r,�;;. Con�thu�nt Oooumma� 'Th� "Con�tltw�t OoeurrNnn"an th�s (l) Decl.r�tlon or�ny oth�r dooun»nt which on�us th�
<br /> Condominkirn ProHat: (11� bY•I�wr: Illi)cod� of npulatian�;�nd (Iv1 oeh�r�qulvu�nt doawu�nb. Yorrowr�rhql PrompdY �
<br /> .a.�1.�ix�� .°�..�� WY.w1Mn du��all dw�md m�wmmq hnpoad puriumt to th�Qon�titwnt Doounwna. ---
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<br /> �` "'' � ' �. Huw►d Inwr�no�.So lonp�u th� Own�n M�aotqla�mdnaln�,with�p�n�nllY�+md In�unna�anMr,�"manr"
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<br /> �' � _ .". a"W�k�C'policy on M�Condomietum P�o�aot whl�h 4 athiratory to Lmd�r�nd whloh provtdu Inwr�nc�cor�np�1�tM
<br />. • , ..�4,;._._:'�•� ''�� Mnpunti.for th�pulpd�,�nd pdnit thf h�tMd�l.�nd�r tlquln�,Ineludln�An�nd hund�inolud�d wlchin th�arm"�xqnd�d
<br /> � . ,�,�:at�rs::•, . ootn�p�;'fh�n:
<br /> - ., �;":;'. '.. .. (1) I.��d�r wUYU�� provl�lan In Unlform Cown�nt Z for d��monf�lY P+Y��c w I.�nd�r�►f on�•tw�INh ot fh�
<br /> • , � ��, tn��r P�mtum irnt�llmmu for hu��d in�w�na on th�Property;md
<br />, �, ������ • • ' (II) 9orrowrr'i obllp�don unda Unitom�Covm�nt 6 to m�Mt�in ha�rd Intur�np oovep�on eh�Proputy u dNn►�d
<br /> �i!r�r;•.-. •�. °_ wp�fl�d to th��wtu�t tA�t th�r�qulnd aowr�p�b ararld�d br th�Own�n A�aat�elon polby.
<br /> _ :c��iu�_��+-r.:..,,.,,,:.'_ eanowu�fu11�Iw tindu p►4m9t n4tl�ef�nY I�p�e(n requl�ed htierd Insusa!!ea Qsvsra�.
<br /> _:� , ,: _„
<br /> . • in 1i+��v�nt o1� dutributlon of hu�rd In�uranc�proae�d�In Ii�u ot n�to��tlaA p�dp�ir followlnp a IoN to th�Ikop�►ry.
<br /> ' wh�lhn to eh�u�n(t or ta oommon N�rn�na,�ny p�oa�d�p�wbta ta 8orroNn��n h.reby�utp►�d md�h.11 M p�id to L�nd�r
<br /> • .. • ' � la�ppl(onlon to tM sum���ound by du S�aurlty Imtrum�nt,wleh any�xau p�id to 8onow.r.
<br /> Q. /�urlN Wbi1Hy leeuneo�,sor�oMnr�hM1 Y�k�fucfi�atioro a�m�y b�r�pon.W�to Inwr�th�t�1+�OwMn Mwel�tbn
<br />-. , • �nNnt�ln��publ(o 11�6IIIty In�ur�na poll�y�co�pqbl�In torm.�mount.md�xt��t o1 aov.rwp�to I.mcMr.
<br /> °" � D. Cendrn�mtto�,Th� pr�aW� of �ny awnd or oltlm far d�m�pa, dinot or oons�qwntld, pay�W� co Banov►�r in —
<br /> - oonrNOdon wlih �nY cond�mn�dcm or othu t�klnp oi�II pr�ny plrt o�th�Prop�rty,wh�th�r pf th�untt or of th�eommon -
<br /> ."'•`, '�"`��'' ' ° �I�ni�n11,or for anY ap+wy�nc.In U�u of ooncl�mn�tlon,�n h�nhy.nipn�d�nd thdl t�r pdd to L.nd�r.8uoh proca�di shNl ��'
<br /> ,� � b��ppli�d by L�nda to th�wm�wound by th�B�eurlty In�uum�nt��provld.d In Unito�m Cown�nt 0.
<br /> , " , �. L�nda'. Ihldr ConMne. ewror�r�h�ll not,�xpPt�h�r notlo� to land�r�nd with L�ntNr'�Pdor writpn eonMnt�
<br /> - `."�'`'""�,� ' _r �Itl1a p�rtltlon or wedWid�th�Prop�rty o�conMnt to: -
<br /> ° � (I) Th� �bindonm�nt or qrmin�Uon of th�COndominium ProJ�ot,�xapt for �bandon�nt or hrmin�tton roqulnd �='-�;.
<br /> • • . • bplwvinlh�oa�ot�ubttantldda�tructlonbyfinoroth�roau�Ityorinth�aJNOf�pklnpbyoond�mmtion0��mtn.ntdom���;
<br /> (II) �ny�m�ndment to�ny provlsion of th�Cvnit�tuent Do04minq If th�provi�ion I�ior th��xpn�s bon�flt ot I.�nd�r; --
<br /> (UI) t�rmin�tion of q�oi�ulonAl mrn�p�m�nt�nd��wmptlon of aN•m�n�yem�nt of th�Ownan Aaoa��t�on;or
<br /> ' , (Iv� �ny �cUon which wpuld h�v�qt��ff�ot of renderinp th� public Itabllity insu►�nca covenp�m�intdn�d by th� - _
<br /> � . ' OwMn Wwol�don un�caept�bt�to L�nd�r� Y'--
<br /> � ' " f. !bn»dl��,It 8orrowrr doe� not p�y aondominlum du�� �nd au�sunmp when du�,th�n L•nd.r m�y p�y th.m.Any �'
<br /> . Mnounn dUbun�d by��nd�r und�r thl�Pt npr�ph F�h�lt beoom�addittan.l d�bt of Borro�nnr�ecuwd by th�8�curlry In:trum�nt. ���`�
<br /> i.�< � UnI�N sorrow�r �f1d l.�nd���prN to oth�r Urm�ot p�yment,th�u �rnounn�h�ll be�t int�n�t fram th�d�t�of dhbun�rnrnt ��"'-
<br /> - ' ` �t th�NoM►�p�nd d+all b�p�y�bi�,with Int�nn,upon noelc�from��nd�r to 8orrow�r nqwttlnp p�ym�ne. � �
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<br />� :`. ' �Y�IONINO !6 LOW, 8orrow�r �c�pq Mtd �prNS to the term�md p�oviiloni contdn�d In thb Condominlum Rtd1r. �� �
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