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SECTION l l • �
<br /> RECONSTRUCTION, C�iVDEMNATION,AND EMINENT DOMAIN
<br /> I 1 11 Reconstruction. The obligations and procedures for the repair, reconstruction, r �
<br /> dispc�sitior}ef the Property fo]lowing damage or destruction there�f shall be governed by the Ac�t.
<br /> Any repair or reconstructio� shall be commenced as soon as practicable a�ter the casualty a d
<br /> shall be s�bstantially in accardance with the plans, specifications, and design of the Property s
<br /> initially eonstructed and subsequentiy improved. Notice of substantial damage or destn�cti n
<br /> shall be giyen as provided in Section 15.10. �.
<br /> 1 1.2 Condemnation and Eminent Domain. In the event of a taking of any part of t e I
<br /> Property by condemnation or eminent domain, the provisions of the Act shall govem; provide ,
<br /> (i) that not,ice shall be given as provided in Section 15.10, (ii) that the Association shall be t e
<br /> attomey-in-fact to represent the Owners in any related proceedings, negotiations, settlements, r
<br /> agreement�, and (iii) that any awards or proceeds shall be payable to the Association for th�e
<br /> benefit of the Owners and th�mortgagees of their Units. Eligible Mortgagees shall be entitled�
<br /> priority fori condemnation awards in accordance with the priori3ies established by the Act and t �
<br /> Goveming Documents, as their interests may appear.
<br /> , I1.� Termination and Liquidation. The termination of the Condominium, and th
<br /> distribution of any proceeds therefram, shall be governed by the Act. Any distribution of fund�
<br /> sliall be based apon the value of the Units as determined by their relative value for prape
<br /> insurance Rurposes, and shall be made to Owners and their mortgage holders, as their interes
<br /> • may appear,as provided in the Act. �
<br /> 11.� Notice. The Association shall give written notice of any condemnatio
<br /> proceedingS or substantial destruction of the Property to the �Etigibie Mortgagees entitled t�
<br /> notice under Section l 5.10. �
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<br /> 11.5 Association's Authoritv. ]n a11 cases involving reconstruction, condemnation '
<br /> eminent do�nain, tennination or liquidation of the Condominium, the Association shall hav�
<br /> authority to act on behalf of the Owners in all proceedings, negotiations, and settlement o
<br /> claims. All,,proceeds shall be payable to the Association to hold and distribute for the benefit o
<br /> the Owners and their mortgage holders,as their interests may appear,in accordance with the Act.
<br /> � SECTION l2
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<br /> EASEMENTS
<br /> The�fo)lowing appurtenant easements and rights are hereby granted,corveyed, dedicated,
<br /> and reserve,d on, over, under, and across the Property, as appficable.
<br /> 12.1 UTilities, Services, and Operatine Svstems. The Common Elements and the Units
<br /> shall be subject to and benefited by nonexclusive easements in favor of the City, the Association
<br /> and all utility companies and other service providers for the installation, use, maintenance, repai
<br /> and replace�nent of all utilities, services and common operating systems, such as natural gas,
<br /> electricity, cable TV, security, telephone and other electronic communications, water, sewer,
<br /> MPLS-Word 952811.11 7�
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