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Home My WebLink About2854 i r ecution sale, foreclosure sale, ~udicial sale or tax sale. Neither shall such provisions apply to the Developer, or any person who is ; an officer, stockholder or director ot the Dsveloper, or to any ~ corporation having some or all of its directors, ofPicers or stock- # . holdera in common with the Developer, and any such person or corpo- ration shall have the right to Preely se11, lsage, transPer or oth- ~ erwise deal with the title and possesaion oP an apartment unit without complying with the provisions of this section, and without - the approval oP the Association. ! . ~ 13.6 Unauthorized transactions. Any sale, mc~rtgage or lease ~ not authorize pursuan o e erms of this Declaration shall be ' void unleae subsequently approved by the Aasociation. 13.7 Recording approval. Whenever in this section an appro- val in reco a e orm s required of the Association in connection with the sale, transfer or pledging of an apartment, it is ur~der- stood and agreed that the said approval at~all not be recorded ex- cept at the same time and simultaneous]y xith the recording o! the Deed or mortgage, as appropriate. 13.8 Notice of lien or suit. (a) An apartment owner shall give nottce, in writing, to the Aasociation of every lien upon his apartment oth8r . than for authorized mortgages, taxes ar~d special asaesaments within Pive (5) daya after the attaching of the lien. - (b) Notice of suit. An apartment owner shall give no- tice, in wr ng, o e Aasociation of every suit or other proceeding which may affect the title to hia ap~rtment, such no- tice to be givenwithin five (5) days after the apartment . owner shall receive knowledge or notice thereof. Failure to comply. Failure to comp~y with this ; sub-section concer ng ens will not affect the validity ~ of any ~udicial sale. a 13.9 Whenever in this section an approval is required of the ; Association in connection with the sale, transfe rring, leasing or ; pledging of an6r apartment, and such approval shall not have ~been # obtained pursuant to the provisions hereof, failure upon the part ~ of the Association to obJect in writing to auch sale, transfer, ~ • pledging or leasing within ninety ( 90 ) daya a£ter the date thereof, ~ or within thirty (30) days of the date upon which the purchaser, tranaferee or lessee shall take possession of the premises, which- ~ ever date shall be later, shall constitute waiver by the Associ- ation of the written conaent otherwiae required by this section. ~ ~ 14. Purchase of apart~r~ents by Association. The Association shall have the power o pure se apar men s su ec o the ~ollowing provisions: ~ 14.1 Decision. The decision of the Assoclation to purchase ~ an'apartmen s a e made by its directors, without the necessity = ~ of approval by its membership except as is hereinaPter eapressly 'F' provided Por. ~ ~ 14.2 Limitation. If at any time the Association shall be ° the owner or agree purchaser of five or more apartments, it may _ not purchase any additional a artments without the prior written approval of seventy-five (75~~ oP the members eligible to vote. A ~ member whose apartment is the sub~ect matter of the proposed pur- chase shall be ineligible to vote thereon, provided, however, that _ the limitations hereof shall not apply to apartments to be purchased at publia sale resulting from a Poreclosure oP the Aasociation's lien Por delinquent asaesaments where the bid of the Association does not exceed the aggregate of the amour~ts due by virtu~e of arr~r rt ~ ~ -19- d00K PACE z$~~ ,~_x : :AW OFFIGEl'i OF GOLDiTE1N, FRANKLlN, CMONIN t iCHMNK. r.A.. 2020 NOIlTHEAQT 10lRO 8T11E[T. NORTN MIAIdI BEACM, FLOR~DA 33162 _ _ - s_:_ . _ ~ . - -