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HomeMy WebLinkAbout0935 Lessor, and all monies due and t o become due under the provisions of the said Lease, including without limitations, rent and such other iLems as are specifie~ in said Lease, are and shall continue to be for the full term of the said Lease, common expenses of the Condominium. The Long Term Lease, referred to herein, is recorded in Of- ficial Record Book G' , at page9~, o~ the public records of St, Lucie County, Florida, ar.d th~ said Lease shall be deemed incor- porated herein and made a part here of by reference, just as though said Lease were fully set forth herein. Each unit owner agrees to be bound by the terms and conditions of said Lease, and he agrees to make payment ±~o the Association of his share of the monies due, pursuant to and in the amount or percentage amount, if so stated, as specified in said Lease and this Declaration. It shall be mandatory for the unit owner tc make said payments, re~ardless o~ whether or not they use the rec- reationa:i faciiities. ARTICLE IV ~ DEVELOPMENT PLAh The Condomir_ium is described and estab~ished as follows: a. SiIRtjEY, The Plot Plan and Survey attached hereto as Exhibit 1, s!~cws Apartmer.t Building No. II, containing a tetal of Lwenty (20) dwelling units which shall be known and referred to as INLET HOtiSE CGNDON~INIUM AP~RTfi;ENTS, BUILDING N0. II. The first apartment bui~d~ng h~s been cempleted; tr.e second apartment building is noz,r under construetion, each of which contain twenty (20) dwelling ,~n1r.s, and Develoger contemplates constructing an additional apartment ~ building, all to be knos,m as INLET HOUSE CONDOMINIUM APARTMENTS. De- veloper reserves the right to construct Lhe additional apartment build- in~ ~r. ar ad~acer.* par::el of land and reserves the right to submit to ~or.ci~~i~nium owr.e~ship such proposed develcpment and to amend this ::eclaratior. cf C ~ndominium, if necessary, to effect of recerd the com- p~eti~n of *he proposed as well as the description of the dwelling ur,its. S~.;ch amendmer~t to this Declaration to effe~t of recerd the ~~mpletion af the proF~sed building as well as the description of the ~well;r:g uniLs need be si~ned and acknowledged oniy by the uevei~~er -4- 6~10a 1~ ~ ` ~ _ ~ = TR+4'~~"_. ~ x_.. ~ t ~.a. r . . , Tsru ~X'^.rr.~~.