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<br /> SECTION]1 �
<br /> RECONSTRUCTIOIV, CONDEMNATION, AND EMINENT DOMAIN
<br /> I l.l Reconstruction. The obligatians and procedures for the repair, reconstruction, r �
<br /> dispositio of the Property follawing damage or destruction thereof shall be governed by the A t.
<br /> Any repai or reconstruction shall be commenced as soon as practicable af�.er the casuaity a d
<br /> shall be s bstantially in accordance with the plans, specifications, and design of the Property s
<br /> initial(y c'nstructed and subsequentiy imgroved. Notice of substantial daix►age or destructi n
<br /> shall be gi en as provided in Section 15.l0.
<br /> 1 1 2 Condemnatian and Eminent Domain. In the event of a taking of any part of t e
<br /> Property y condemnation or eminent dornain, the provisions of the Act shall govern; provid d,
<br /> {i) that no ice shall be given as provided in Section 15.10, (ii) that the Association shall be t e
<br /> attomey-i -fact to represent the Owners in any related proceedings, negotiations, settlements, r
<br /> agreemen , and {iii) that any awards or proceeds shall be payable to the Association for t e i
<br /> benefit of he Owners and the mortgagees of their Units. Eligibte Mortgagees shall be entitled o
<br /> priority fo condemnation awards in accordance with the priorities established by the Act and t e �
<br /> Govemin Documents, as their interests may appear.
<br /> , 11 3 Termination and Liquidation. The te►�nination of the Condominium, and t e
<br /> distributio of any proceeds therefrom, shall be governed by the Act. Any distribution of fun s
<br /> shall be b sed upon the value of the Units as determined by their relative value for prope
<br /> insurance urposes, and shall be made to Owners and their mortgage holders, as iheir intere s .
<br /> • may appe r,as provided in the Act. .
<br /> I1. Notice. The Association shall give written notice of any condemnati n
<br /> proceedin s or substantial destruction of the Property to the Eligibie Mortgagees entitled o
<br /> notice und'�er Section I5.10. �
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<br /> 11. Association's Authoritv. ln all cases involving reconstruction, condernnatio , '
<br /> eminent d main, termination or liquidation of the Condominium, the Association shall ha e
<br /> authority o act on behalf of the Owners in all proceedings, negotiations, and settlement f
<br /> claims. A 1 proceeds shall be payable to the Association to hold and distribute for the benefit f
<br /> the Owner and their mortgage holders,as their interests may appear,in accordance with the Ac
<br /> ' SECTION 12
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<br /> EASEMENTS I
<br /> , Th following appurt�nant easements and rights are he:eby granted,canveyed, dedicate ,
<br /> and rese d on, over, under, and across the Property,as appiicable.
<br /> 12.1 Utilities, Services, and Operatine Systems. The Common Elements and the Uni s
<br /> shall be su ject to and benefited by nonexclusive easements in favor of the City,the Associati
<br /> and all util ty companies and other service providers for the installation,use, maintenance, repa r
<br /> and replac ment of a!1 utilities, services and common operating systems, such as natural ga ,
<br /> electricity, cable TV, security, telephone and other electronic communications, water, sewe ,
<br /> MPLS-Word 95 81.11 77
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