Loading...
HomeMy WebLinkAbout1854 provisions oP a Ninety-Nine Year Leaee. The Recreation Area ahall be adminiatered by the Aasociation,•and shall be available for the use oP apnrtment or~rners Nithout disariaa~nation and MithQUt ohargs_eacept Khere speaifically authorised by thia Deolaration, exaept that the Associatiom m~y adopt regu]ations providing for charging f'or exalusive use of the facilitiea by an apartment . orrner Prom time to time if such eaclusive use is made availsble to all apartment ownera. Uae oP the recreational facilities ahall be pursiaant arri sub~ect to the provisiona of the Ninety-Nine Year Lease. 3.6 A artments. There are fourteen (14) apartments in one apartment u t~g. 4. Appurtenances to Apartmenta. The owner of each apartment shall own an unaivid~C a~and certain interest in the Condominium property, which share and interest ahall be appurtenant to the apart- ment, said uridivided interest in the Condominium property and con~n elementa being as designated and set forth in an Exhibit A attached hereto. ~ - 4.1 Liffited Comnon~Elements. -(a) Storage Space located within the building shall - be assigne so as o provide at least one such epace to the exclusive use of each apartment owner. (b) Automobile. Parld.ng Space. . Lia~dted comnon ele- ments inclu e e par ng spaces. Parking spaces ahall be asaigned purauant to the rulea and regulations of the As- sociation so as to provide parking for one automobile, i.e one parking space Por each apartment, provided, however, in the.event a apeciPic parking apace is aasigned in connec- tion with the sale of an apartment unit by.tha Developer, the right to use oP the said design~ated parking apace shall pass as an appurtenance to the Corxiomini~n apartment unit owned by the apartment owner to whom such space is initia~.ly assigned, ar~d the Association ahall not_ thereaPter reassign or change the said apartment o~?ner~ s parkirag space without his written consent, provided, further, said apartment oxn- er shall n~t transfer or asaign use of the said parking ; ~ space except in connection Kith sale oP the Condominium ~ apartment unit, and provided further, Developer shall retain ~ the right to assign all unassigned parking spaaes until all ~ apartments have been sold by him. ~ ~ S. Liability for Comnon Expenses. Each apartment unit owner shall ~ be liable or a propo ona e s re o the comm~n eapenaes, suah ahare being the same as the undivided share in the common elements appurtenant to ~his apartment. Such comm~n eapenses ahall inalude all of the obli- gations and liabilities of the Association ur~der the terms and provisions of the Ninety-Nir~e Year Lease. 6. Memberahi~ in Association. Memberahip of each apartment owner in the Assoc~a~~ n s~ia1I` e acqu red pursuant to the provisions ot the Articles of Incorporation ar~d By-Laws of the Assoaiation. _The interest ~ of each apartment unit opner in the ri~r~ds ar~d assets h~ld by the Assoai- ~ ation ahall be in the same proportion as the liability of eaeh such owner for con~n expenaea. ~ 7. Maintenance Alteration and rovement. Responsibility for the maintenance o o um prope y, a restrictions upon its alteration and inQrovement shall be as Po11oMa : 600K~00 Pr16E~8~~ -4- LAW OFItG[f OR OOi,DlT[IN, /RANKLIN. GHONIN ~ 1GFIRANK. P. A.. lO20 NORTH[A/T IOSRO STR[[T. NORTM MIAMI ~t/1CM. ~LORIDA »1{! t - ' aT - ~ ~ ~._:t=~..~~ ~ . J-- .~`v . '`~.a;°~P"~•._ -