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<br /> ' SECTION l l �i �
<br /> RECONSTRUCTIO�'V,CONDEMNATION,AND EMINENT DOMAIN
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<br /> , 11.1 Reconstruction. The obli ations and rocedures for the re air I
<br /> $ p p , reconstructi n, or
<br /> dispositiori cf the Property following damage or destruction thereof shall be governed by th Act.
<br /> Any repair or reconstruction shal] be commenced as soon as practicable after the casualt and
<br /> shalf be substantially in accordance with the pians, specifications, and design of the Prope y as
<br /> initially c�nstructed and subsequentiy improved. Notice of substantial damage or des ction ,
<br /> shall be given as provided in Section 15.10.
<br /> '1 1.2 Condemnation and Eminent Domain. In the event of a taking of any part f the
<br /> Property by condemnation or eminent domain, the provisions of the Act shall govern; prov�'ded,
<br /> {i) that�notice shall be given as provided in Section 15.10, (ii) that the Association shall the
<br /> attomey-in-fact to represent the Owners in any related proceedings, negotiations, settlemen s, or
<br /> agreem�nts, and {iii) that any awards or proceeds shall be payable to the Association fa the
<br /> benefit of the Owners and the mortgagees of their Units_ Eligible Mortgagees shall be entitl d to �
<br /> priority'for condemnatian awards in accordance with the priorities established by the Act anc�the i
<br /> Goveming Documents,as their interests may appear. �
<br /> , 11.3 T'ermination and Liquidation. "I'he termination of the Condominium, and 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 prop rty
<br /> insuranc� purposes, and shail 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 condemnat on
<br /> proceedings or substantial destruction of tfie Property to the .Etigibie MorEgagees entitled�to
<br /> notice under Section I 5.10. �
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<br /> 11'.5 Association's Authority. ln all cases involving reconstruction, condemnati�n, '
<br /> eminent domain, termination or liquidation of the Condominiurn, the Association shall h ve
<br /> authority to act on behalf of the Owners in all proceeciings, negotiatipns, and settlement�of
<br /> claims. A�11 proceeds shall be payable to the Association to hold and distribute for the benefit�Iof
<br /> the Owners and their mortgage holders,as their interests may appear,in accordance with the A¢t.
<br /> SECTION l2 li
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<br /> ' EASEMENTS I
<br /> The follawing appurtenant easements and rights are hereby granted,canveyed, dedicate�3,
<br /> and reserved on, over,under,and across the Property, as appficable.
<br /> 12.1 Utilities, Services, and Oeeratin� Svstems. The Common Elements and the Unitl
<br /> shall be subject to and benefited by nonexclusive easements in favor of the City, the Associatio
<br /> and all utili�y companies and other service providers for the installation,use,maintenance,repai
<br /> and replacament of all utilities, services and common operating systems, such as natural gas
<br /> electricity, �able TV, security, telephone and other electronic communications, water, sewer
<br /> MPLS-Word 952�1.11 27
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