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<br /> SECTION ]1 �
<br /> I RECONSTRUCTIO�'V,CONDEMNATI(JN,AND EMINENT DOMAIN
<br /> l l.l Reconstruction. T'he obligatians and procedures for the repair, reconstructi n, or �
<br /> disposition of the Property follawing damage or destruction there�f shall be governed by th Act.
<br /> Any repair or reconstruction shall be commenced as soon as practicable after the casualt and
<br /> shall be substantially in accordance with the pians, specifications, and design of the Prope� as
<br /> initially constructed and subsequentiy imgroved. Notice of substantial damage or destru tion
<br /> shall be given as provided in Section 15.10. �.
<br /> 1 1.2 Condemnation and Eminent Damain. ln the event of a taking of any part f the I
<br /> Property by condemnation or eminent domain, #he provisions of the Act shall govern; prov'ded, -
<br /> (i) that notice shall be given as provided in Section 15.14, (ii) that the Association shall b the
<br /> attorne}�-in-fact to represent the Owners in any related proceedings, negotiations, settlemen s, or
<br /> agreements, and {iii) that any awards or proceeds shall be payable to the Association fo the
<br /> benefit of the Owners and th�mortgagees of their Units. Eligible Mortgagees shall be entitl d to
<br /> priority for condemnation awards in accordance with the priorities established by the Act an the �
<br /> Goveming Documents,as their interests may appear.
<br /> , 11.3 Termination and LiQuidation. The terinination of the Condominium, an the
<br /> distribution of any proceeds therefrom, shall be governed by the Act. Any distribution of nds
<br /> shall be, based upon the value of the Units as determined by their retative value for pra erty
<br /> insurance purposes, and shall be made to Owners and their mortgage holders, as their inte ests�
<br /> • may appear,as provided in the Act. �
<br /> 11.4 Notice. The Association shall give written notice of any condemn tion
<br /> proceedings or substantial destruction of the Property to the .Eligible Mortgagees entid to
<br /> notice under Section I 5.10. �
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<br /> 11.5 Association's Authoritv. ln all cases involving reconstruction, condemna ion, '
<br /> eminent domain,:tennination or liquidation of the Condominium, the Association shall ave
<br /> authority to act on behalf of the Owners in all proceedings, negotiations, and settleme t of
<br /> claims. All proceeds shall be payable to the Association to hold and distribute for the bene t of
<br /> the Owr�ers and their mortgage ho]ders,as their interests may appear,in accordance with the ct
<br /> SECTION 12
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<br /> ' EASEME�iTS
<br /> The follawing appurtenant easements and rights are hereby granted,conveyed, dedic ted,
<br /> and reserved on, over, under, and across the Property, as appiicable.
<br /> 12.1 Utilities, Services, and Operatine Svstems. The Common Elements and the nits
<br /> shall be subject to and benefited by nonexclusive easements in favor of�the City, the Associa ion
<br /> and all utility companies and other service providers for the installation,use, maintenance, re air
<br /> and repl cement of a!1 utilities, services and common operating systems, such as natural as,
<br /> electricit�, cable TV, security, telephone and other electranic communications, water, se er,
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<br /> MPLS-Word 95281.11 77
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