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<br /> S�CTION ]1 •
<br /> RECONSTRUCTION, CONDEMNATION,AND EMINENT DOMAIN
<br /> 1 l.l Reconstruction. The obligations and procedures for the repair, reconstructio , or �
<br /> �15�GSItI n of the Property faltowing damage or destructian thereof shall be governed by the ct.
<br /> Any rep�ir or reconstruction shall be commenced as soon as practicable after the casualty and
<br /> shall be substantially in accordance with the plans, specifications, and design of the Prope as
<br /> initially constrncted and subsequentiy improved. Notice of substantial damage or destit� ion
<br /> shall be given as provided in Section 15.10. '
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<br /> 11.2 Condemnation and Eminent Domain. In the event of a taking of any part o the
<br /> Property by condemnation or eminent domain, the provisions of the Act shall govern; provi ed,
<br /> {i) that otice shall be given as provided in Section I S_l d, (ii) that the Association shal] be the
<br /> attomey�in-fact to represent the Owners in any related proceedings, negotiations, settlement , or
<br /> agreeme�ts, and {iii) that any awards or proceeds shall be payable to the Associati�n for the i
<br /> benefit o the Owners and the mortgagees of their Units_ Eligible Mortgagees shall be entitle to
<br /> priority f�Or condemnation awards in accordance with the priorities established by the Act and the �
<br /> Govemirlg Documents,as their interests may appear.
<br /> l�.3 Termination and Li4uidation. "I'he terinination of the Condominium, and the
<br /> distributi n of any proceeds therefrom, shall be governed by the Act. Any distribution of fu ds
<br /> shall be �ased upon the value of the Units as determined by their relative value for prop rty
<br /> insuranc� purposes, and shatl be made to Owners and their mortgage holders, as their inter sts _
<br /> • may app ar,as provided in the Act.
<br /> 11.4 Notice. The Association sha11 give written notice of any condemna ion
<br /> proceedi gs or substantial destruction of the Property to the :Eligibie Mortgagees entitle to
<br /> notice un�er Section l 5.10. �
<br /> 11.5 Association's Authoritv. In a11 cases involving reconstruction, condemnati n, '
<br /> eminent �omain, termination or liquidation of;,zhe Condominium, the Association shall h ve
<br /> authority to act on behalf of the Owners in all proceedings, negotiations, and settlement of
<br /> claims. �11 proceeds shall be payable to the Association to hold and distribute for the benefi of
<br /> the Owne s and their mortgage holders, as their inEerests may appear, in accordance with the A�et.
<br /> SECTION 12
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<br /> EASEMENTS
<br /> ;�lie following appurtenant easements and rights are hereby granted,conveyed, dedicat d,
<br /> and reser�ed on, over, under, and across the Property, as applicable. �
<br /> 12.1 Utilities, Services, and Operatine Svstems. The Common Elements and the U its
<br /> shall be s�bject to and benefited by nonexclusive easements in favor of the City, the Associati n
<br /> and all utillity companies and other service providers for the installation, use, maintenance, rep ir
<br /> and repla�ement of all utilities, services and common operating systems, such as natural g s,
<br /> electricityb cable TV, security, telephone and other electronic communications, water, sew r,
<br /> MPLS-Word 9�281.11 7 7
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