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<br /> � SECTlON ]1 �
<br /> ,RECONSTRUCTION, CONDEMNATIQN,AND EMINENT DOMAIN
<br /> 11 i 1 Reconstniction. The obli�ations and procedures for the repair, reconstruction, or �
<br /> dispGsitio� of the Property following damage or destruction there�f shall be governe�by the A :.
<br /> Any repair or reconstruction shal] be commenced as soon as practicab3e after the casualty a d
<br /> shall be substantially in accordance with the plans, specifications, and design of the Property as
<br /> initially e�Onstructed and subsequently improved. Notice of substantial damage or destracti n
<br /> shall be glven as provided in Section 15.10. � I
<br /> l 11.2 Condemnation and Eminent Domain. In the event of a taking of any part of�he I
<br /> Propercy by condemnation or eminent domain, the pr�visions of the Act shall govern; provid�d,
<br /> (i) that ndtice shall be given as provided in Section 15.]p, (ii) that the Association shall be he
<br /> attomey-in-fact to represent the Owners in any related proceedings, negotiations, settlements, or
<br /> agreemen,ts, and {iii) that any awards or proceeds shall be payable to the Association for he
<br /> benefit of the Owners and the mortgagees of their Units. Eligibte Mortgagees shall be entitle to
<br /> priority for condemnatian awards in accordance with the priori2ies established by the Act and he �
<br /> Goveming Documents, as their interests may appear.
<br /> , 1�.3 Termination and Liquidation. The terinination of the Condaminium, and he
<br /> distribution 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 retative value for prap
<br /> insurance purposes, and shall be made to Owners and their mortgage holders, as their inter sis
<br /> • may appear,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 the Property to the -Eligible Mortgagees entitled to
<br /> notice unlder Section I 5.10. �
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<br /> 1�.5 Association's Authoritv. ln al] cases involving reconstruction, condemnati n, '
<br /> eminent domain, tennination or liquidation of the Condominium, the Association shall h ve
<br /> authority to act on behalf of the Owners in all proceeciings, negotiations, and settlement of
<br /> claims. J�111 proceeds shall be payable to the Association to hold and distribute for the benefi of
<br /> the Own�rs and their mortgage holders,as their incerests may appear, in accordance with the et_
<br /> I SECTION l2
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<br /> ' EASEMENTS i
<br /> T'he fc]lawing appurtenant easements and rights are hereby granted,conveyed, dedica ed,
<br /> and reserved on, over,under, and across the Property,as applicable.
<br /> 1i2.1 Utilities, Services, and O,�eratin� Svstems. The Common Elements and the U its
<br /> shall be �ubject to and benefited by nonexclusive easements in favor of the City, the Associa ion
<br /> and all tiliry companies and other service providers for the installation,use, maintenance, re air
<br /> and rep�cement of ail utilities, services and common operating systems, such as natural as,
<br /> electrici y, cable TV, security, telephone and other electronic communications, water, se er,
<br /> MPLS-Word 95281.1 1 77
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