Agenda - 06-17-2014 - 7e - Laserfiche WebLink

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33 Recreation Space, is made the subject matter of any condemnation or eminent domain proceeding or is otherwise sought to be acquired by a condemning authority. Whenever any Institutional Lender, guarantor, or insurer desires the benefits of the provisions of this section requiring notice to be given or to be furnished a financial statement, such Lender will serve written notice of such fact upon the Association by Registered Mail or Certified Mail addressed to the Association and sent to its address stated herein, or to the address of the Property, identifying the Lot upon which any such Institutional Lender or Institutional Lenders hold any mortgage or mortgages, or identifying any Lot owned by them, or any of them, together with sufficient pertinent facts to identify any mortgage or mortgages which may be held by it or them, and which notice will designate the place to which notices are to be given by the Association to such Institutional Lender. ARTICLE XI GENERAL PROVISIONS Section 11.1. Enforcement. The Association, or any Owner, will have the right to enforce, by any proceeding at law or in equity, all restrictions, conditions, covenants, reservations, liens, and charges now or hereafter imposed by the provisions of this Declaration. Failure by the Association or by any Owner to enforce any covenant or restriction herein contained will in no event be deemed a waiver of the right to do so thereafter. Section 11.2. Severability. Invalidation of any one of these covenants or restrictions by judgment or court order will in no way affect any other provisions which will remain in full force and effect. Section 11.3. General Amendments. The covenants and restrictions of this Declaration will run with and bind the land, for a term of twenty (20) years from the date this Declaration is recorded, after which time they will be automatically extended for successive Page 23 of 50