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ecution sale, forecloaure sale, ~udicial aale or taa aale. Neither
ahall auch proviaiona apply to ths Developer, or ar~y peraon Mho ia
an officer, atockholder or director oi' the Developer, or to arp~
corporation having aome or all of ita directora, oflicera or atock-
holdere in com~wn Nith the Developer, and eny such peraon or corpo-
ration ahall have the right to freely aell, leaee, tranafer or oth-
erM?ise deal Mith the title arid poaaeasion of an apartment unit
Mithout complqing rrith the proviaiona of this saetion, and xithout
the approval of the Aasociation. ~
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13.6 Unauthorized tranaactiona. Any sale, mortgage or lease
not authoriza purauan o e erms of thie Declaration shall be
void unlesa subsequently approved by the Association.
13.7 Racordi approval. Whenever in thia aection an appro-
val in reco a e orla a required of the Asaociation in connection
Nith the sale, tranafer or pledging of an apartment, it ia ur~der-
stood and agreed that the said approval ahall not be recorded ex-
cept at the same time and sina~ltaneously Mith the recording of the
Deed or mortgage, as appropriate.
13.8 Notice o!' lien or suit.
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(a) An apartment o~ner ahall give notice, in ~+riting,
to the Asaociation of every lien upon his apartment other
than for authorized mortgagea, ta~ces and apecial asseaaments '
xithin five (5) days after the.attaching oP the lien.
(b) Notice of suit. An apartment owner shall give no-
tice, in rrr ng, o e Aasociation of every suit or other
proceeding ~+hich may affect the title to his apartment, such no- ~
tice to be given xithin Pive (5) daya after the apartment- f
oNner shall receive knor~ledge or notice thereof.
(c) Failure to compl~. Failure to camply with this
sub-section concer ng ena r~ill not affect the validity
oP any ~udicial sale. ;
~ 13.9 Whenever in thia section an approval is required of the
; Association in connection r+ith the sale, transferring, leaaing or
~ pledging of ar~y apartment, and such approval ahall not have been
~ obtained pursuant to the proviaions hereoP, failure upon the part ~
~ of the Association to obJect in r?riting to such sale, tranafer, ~
~ pledging or leasing aithin ninety (90) days after the date thereoP,
~ or within thirty (30) days oF the date upon ~?hich the purchaser,
transferee or lessee ahall take possession oP the p~emisea, which-
~ ' ever date shall be later, shall constitute Maiver by the Aasoci-
ation of the ~ritten consent other~rise required by thia section.
14. Purchase of apartments b Aasociation. The Aasociation ahall
~ have the povrer o pure se apar men a su ec o the folloMing provialona:
14.1 Decision. The decision of the Aasociation to purchnae
an apartmen s a e made by ita directors, Kithout the necesaity ~
- of approval by its memberahip except as is hereinafter expresa~y ~
~ provided for. '
~ 14.2 Limitation. If at any time the Asaociation shall be
the oxner or agree purchaser of five or more apartments, it n~ay
~ not purchase any additional a artmenta Mithout the prior KM tten
k~ approval of aeventy-five (75~~ of the membera eligible to vote. A
~ member Mhoae apartment la the sub~eet matter of the propoaed pur-
chase shall be ineligible to vote thereon, provided, hoxever, that
~ the limitatione hereoP ahall not applq to apartmenta to be purchaaed
~ at public sale resulting from a forecloaure of the Aaso~iation'a ;
~ lien for delir~uen~ a8seasmenta r+here the bid of the Aaaoeiation ;
doe8 not exceed the aggregate oP the amounta due by virtue of ar~r i
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_ 19_ B~o~ i93 2615
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