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" �. <br /> _— _ _ ..'� . . . _ . .. . . . . � . . , � ; . <br /> • . � . . ` � ... ` ` �A_i ���:. . � <br /> L <br /> -u _ grovidatl. 11s attornsy-3a--la�t, th� l►ssociatiaa�, b�t.ita <br /> '-� ---- - ._ ..._ <br /> Pse�idsnt� aaa s�cretas3T or 1Wistant 8scx�tarY or its othar.dnly . . <br /> �.: -.autt�ori:ed of�icera vr aqeuts, �ha�l. 1�ave full at►d=�l�tte __-- - <br /> - �� autboriaation� rfght and pa�r to�aa�lt�. �x�cuts at� d�Iiv�t. auy — <br /> ': „�-� co�ntract, dead or aay otDer`:ii�ts�ent vith raspeat�to t.�r intassat <br /> - � of a.enite o�mer vhicb ia nscesaary sad_a�#a�t.�► to_auercise_th�. .. 4� -- <br /> _ .���... <br /> -_ _ �� � Potier� 9rante�.3n tbis 1�s�tiola. ioapair _a�1 _ on o� t� ��, _. _ <br /> , =A ' .. �ps�ovesents f as used in tDs �tKSt�ssd3.nq SoctioAS Q! t�i! 11stiCl� ;�• 7 -- <br /> . .`�-�'�°'�'�`�:'�' �san� restoring tLe isprova�ents to st�Lstaiitially tt� saas a�,�. <br /> _�:,:_ . ��.,,. ';. : , _ <br /> . �#�-��-��: �oe�df.tion in it2tiah thsy e�cisted prfor to .t� dt�saqo. vitb oach _. ::.;,-. . ;�.�; "�_,�_ <br /> '��'°�' -�--��' saf,te and ths c�eneral �snd Iinited c�aron e1�aeAts 3tavi.nq <br /> :�- '�.r ti, , :.,,�.�±�: <br /> ° �-:�"' �,ubstantfally ths sase vsrtical � lwrf:ontal baun�sri�s as `jj: ;�'"�° <br /> :� '.:.;:,..� c `—„ :�.'. ?y' <br /> �- � �;s: ..,�,,f �Q�� . _ :..:iri � .. <br /> ' � r� ` e��:h - <br /> .� �,�� �`� b�'�� C . . �� <br /> �'.' �f • � <br /> t ��h: <br /> 4;, �'��a :y�_�tl�A��.;� l.. .(:. .;' I11 ttlB @V@IIt.C�f �lp t��d�@ ol' �@S�OIi dlld �.ffl'�! _ —' `t '� <br /> °�` � � .O�`,1ti�i9= d�688fi.err Yh�C�L� Or �BS��OA f S t��n@�..:$�� � , <br /> .:�:f��_— '�: . � • �*e � � �:.8�� hi be less tt�aa and T�a�rd�r: f" . .. ��r"" . <br /> .}>.� i , ,<.. r,,;. o� �infstt�,r�`�,�,+v Sf�tt�-Sfx i, <br /> "'�=-= `-- — :P�ent �.ss a�3�4��'��`�;�'totat replaae�eat s�tR not �siu�: � � �� , <br /> �a r� . - . _ :�.�, af •the b�'�� ��xt''i��.�r the c'pndo�infmt suite� �a`::aa� -- - ; —�� <br /> .�er <br /> .:. .:��::� � -�` �idatioa sball.�-D� P�Y. x� � �;`; ::�`"'{�''E <br /> s�: � . . �_ . .. .1�• �ls;�oaiatfi�trt`,as �y-�#�:-��a�:-�:�;a�d� � . ._ • = <br /> �; ��-� �� ' �. ,... . , . !�� <br /> � � . R. �i�' , ` • � 'a"s• <br /> �, �� ���cfation .sbai�`'��a1v�e �fuli aut�3�t�r�;'t���' �� ��. ,; -.;�, <br /> c 1 • , . • .� � �r+��"�.!��►'t"ii � r �t i�t ::.�., ' ;f. << , � � - � �• <br /> �t[`, �~. � � . -r � �� .�. <br />. .� ��'� , ...._.. . .-..._,_...i .. _ T� - .a- �.1..� i: � . ��.��:3,,f,t,,.�� � ���f �fl��r.i.:,:j �c r'��'' .i , 1' _ 1 � rt _ { �Yif <br /> . . . ifa � B�/Bn{. � Vil��:'�n�� ��j a=p.� 1'�ii{ad., l � - �." �� . ii - <br /> � < <T � , t,r. � c � � - � � :�. . . `,., <br /> � ' � � . � . �air and reaonstrttct ��:�r�o;�� sa�c�.a��-�� � ; .,,�;� <br /> - . ��:ispecial nssessae�t �;�.•�s�rl.sii�'�uc ��itia�:`st�ff��r�t`��>'+c�an�� ,' . . - l,,�. <br /> � .sa;�r3 repair and. .,� '"�st,.��s�.�s`�aa+��aceeds. 8a�%' : . �` <br /> . >�sste�R:�s�tsaz��;� �5��+��nd �ia3�eCt� a�i.ror+d�;�:o Section 5 03� ; . :�� <br /> . _m_..: <br /> ;; . �. ,,:,,:. �... . , . . .,.,� .. , , -- <br /> � • �ic3e.��t',� �, ,�; ��'-�,°>,_.; � . . , �' � . - <br /> . ;..� . - <br /> r� _ :°,�;�di ��� � `� __ `�,c�;��'�.;,���II�aqe or Destre��tion�Ite�,ir attx�,Reconatruation . _ : ,� _ '�- <br /> � '��`'`.,''�;F;,�`;° ' ��onal. In ,t.he;+event ! q �ua to l3re or �s°f�; �� <br /> �>;.j, �,� 0 8aaa e or destructic�;, ��..; <br /> 3�'�.�`:;_�,:f•`,`�.4.,,, e�i�"n.er 8#.saster a�hich dasa e or destructiQn is i��er�ined by the � �f;�y �;- <br /> :` 'f;::;; , ;..... ..:�__ - - - . ,; <br /> . 1. , ,� Hoare of �idainistrators to be sixty-Six and R�wo-Thi7�ds Percent (66 � <br /> � .�F.. : .. �,/3�) or aore of the total replace�ent cost of the building E ���"` <br /> •, '.;::.:;;:,�. :. .: :�c�ntaining the condos3.nivs suites in any Regiae, not including � . �- <br /> ' . . . ;'''�:���7�;`--3 �. ':�d, the Hoard ehall fos�lJawitb, withia 30 da�ys af the cccurren¢�e � � <br /> }.. • . ._,,_, ,. -�i� said daaaqe or destruction, cali a apecfal ae�ber�s aeetinq for_� : _ <br /> , :; the purposa o! pregenting to tbe suite o�mers t�h� alternative �� . <br /> ' ���, ���� repair and seconstructiaa vr sale, p�usuant to Sections :���.�r�,.,��:� „ <br /> - � - t �icie S. �t sucb seeti�aq, the Board shall pre�,� es��i�.� L?� . :_';.:� .. <br /> . � ; sepair and reconstruatfon costs�;:.the a�ount ot i�isua�nc� �i��� �: ���`�`I . <br /> - �� ' �vsilable, t�;�a�ectee necess�ty for, and atiir�izt i� . aa�Yi �•'c��',;�.. :; <br /> '� � ` apeaia�:`�,�s�'�cnts necessasy t� cover any dePiaie�tcy ixt: ��t�.' . :.: <br /> .� .' proce��. �e proieated sale price cE t�te gropesty �;=�ir�, �aa3 • ,;;�. <br /> � �. � �s�iec�r� clistr�`�}tion of all f�, inclu8ing i�naurance p�cee�s�n- • • ;;,_,=. <br /> . _ ..�ld tlte �rs ahoose �e rather thaa repa�r a�dt: . :,r,.. <br /> , • .,,:-'": � ;s�anstsuction:�: ,�n arrfving at si�eh t iqures to b�-`presented to �e:': �: <br /> . _.-- . • a�aers,. the Boa�E$ aay ssploy sucb experts as deese8 advieablu�:�; � , .�;�z� <br /> �. After presentation oP all relevant finariciai fntas9atfon availal�le ,�::.;;. <br /> � . � to tlte Hoard, tffi��mwners oY the suiteg i� the affecte� Regiae sha3L� � � - � i ?`' <br /> � ,� be required � a+3opt unaniaously either a pl� of repair a�;-.: , • . ;;.'::.;`: . . <br /> � ,:"?'�� .. .rr�constracti,qr�s�as a plan o! eale. I� such una�cx�s affiraa���e-• •.: '�� ;;��';: ,. � <br /> •�:�: `''' . , a�ate of �.d rs f s not obtaine8 tt�e Board of �oini:siE�atios� ��. .•.� '�• �r s�_.;`,,..:_. <br /> � , , <br /> . _ ��he �������a may adopt a plan of sale bincling upon s�1I�;+����:-:�`. . . `� ;. <br /> ,.: , <br /> : . .1�;;; �• :.,;: . . �!�rY pla�-r�..�,�a�t�s8 must eubsequentiy be apprave8 in �r���idg �y..�',�, � . ' . . ���,�� <br /> -� .3 � ��, �$s�st aort�a��� t�P reaord as c�f 'I�e date of adopt�ian oY tlYe plr���� •� ' <br /> ? }.,,at�;i , � t: • ,�,.. .. <br /> .;,, . �.�:�. <br /> :t,;i�:�t. ,t:;,-;,�', . ,.: <br /> �. sr t >i: � � � r -- ; , , .,. , ,r <br /> , �;,: f;' !, ;�`�. � pestru �a�' =�x �he event that ae �rlan o� repair utd reconstructf�rt �` `' . �;;,� <br /> . :'+�; ; �` is adop�'�i�.'� avners and staTase.qu�ean�Ey� apgs�red by the f i� . �,',;',� <br /> ' , �:�,'�� a�rtga�ss_ ;am•:'a�ove set forth, t�e Hoard of l��r�istrators sha��� �t;=��� .,',. <br /> �t ,.:;,:,. <br /> . . .,�s���' . forthv��rr;..jg ' ,"��a r�pair and reconstruct'the i as se� �-�'::� <br /> ,.;...;. . <br /> -: - -. ,' . forth���:�$��i�- 2 of Artic2e S. - <br /> '�r . , se�iofi 5. P1an of Sale-��asaqe e�Dest�uction._ In the event . <br /> - that a plan of sale is adop�ed l�y the own�rs an� subsequently , <br /> - �';r"},;. . approve8 by tfle girst aortgagees, as abov� set farth, or in t.�te � <br /> ; <br /> , • . . � <br /> ; <br /> ; - � .. : - - - .. -i�- ` - <br /> ..... • : ..' .F .. <br /> .._..__.... _..:__..____.,._�."" ' ' ' " ' ' ' " . _._... _ _. . . . . ' ' ' ' _ . . ..--... _. ..."_'. , ... <br /> , /r1,, . '.�' '. __. <br />. '" ,i� . ' . _ . t_ <br /> ._'. _ .y: ._Ij: . .. . . - . .. _ . .. . . . . _ _ _ . _ . _. . .. ._ .. <br /> .Ii '� , _ _ — ._ ......_ . . ._. ... .._ '_' ' ' ' _ . . . .�' <br />. . - 3�[. .. .__. . . . . . . _ ... .. -- _ .__ _- ._-___. __. <br />