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1~ li^~ CiT~ r ~*_.~~_er r~:ani:er ~ tl....~rl: ~~1 ~.11~ T~1•ly ~
(30) d~~: s af~er receipr frem ',i:e dw~ll ir.~
:.r.it owr,er of ti:e not i ce and informat i~~-~ re-
Q;,ired to ~e furr.isrFd, *he Association s!:all
deliver or ^:ail, b:~ regist.ered mail, tc r~:e ~
dwell in~ ::r.i* owr~er, an a~reement t; ptirc:.ase ~
*~:e dweli~nt unit corcerned by a~ pl.r^::aser ap- !
proved b•:~ ~r:e Associat~c~n w7:o will: p:.rc~~:ase
ar.d ~o w}:~m, ~he dwellir.c L:r.it owner ma;s` sell
*}:e dwellir.~ ::nit apor. tre folloaing ~erms:
a. ~~-_e sale price s:all be ±i~e iair marke~
' valt.e de ~errrir:ed b_.• a~reement between t.~:e
seller ar.d :,~e ~tirc~.aser wi*~:in fif±eer.
(1`; ) da~; s fror.: ~Y:e del~ver~r or mailin~ of
s~:c:-: a~reer::ent . Tn t^e absence of a~ree-
^:e*:~ as ±c price, ~he grice s!:all be deter-
Mined b~: arbi ~rat ior, ir. accordance wi*.r the
* r_er: exis* ir,g r~iles of the american Arbitra-
`.i~-~n A~soc~a±i~~n, except ~hat *he ar~itrat.ors
s~:ail be ~wa (2) agpraisers appoin*ed b,.° ~!:e
~rr!er~can ~rbit.rat~on Associatior., who sraly
base t?^:e ir de ~ermir.ation upon ar. average of
their arfiraisa~s of ~re dwellir~g uni and
a~ udEmer.± of spe cifi c performance ef *.he
sale upor. ~re award rendered by t~:~ arbitra-
r^rs r~a.,- be en~ered ir: ar:~~ ceur~ of compe-
~en~ .~urisd~~ `ion_. T?:e expense of }.he ~
,
arbi*ra~.~:~n s':all 'ce pa~d by ~he pL:rcr.aser.
o. ~'~=e p;;rchase price s"a11 be paid ir, casr~.
='~e sale s~.a~l be clcsed w~~~:i^ ~er, (iG} tia~'s
~;llch~{n~ ~'re de~erm,ir~ation of the saze gr~ce.
n cer~ifi~ate ~%:e Assecia*ion, exec„ted
: ~:.s Presider.~ ar~d Secret.ar~; and approt~ir.g ~
; r_e p~ar~raser, sra? i be recorded ir *~e pub-
l~.c reccrds o, :t. L~cie ~~our~~~~, F~orida, a~
* ^:e exFer.se cf ~re purchaser.
e. ~f •'_!~:e Assoc~a~ion s'_all iaii `o provicie a
~
p~..rc^aser as req~;i.red b~: * his in~tru^:er,' ,
c~r if a~~_rc~-.aser furnisheci bv the ~ssocia-
;o:: s_".all defa..l ~ ir::.~is a~reemer*_. to p~ar- ~
; c^ase, *~:e o3ar~ersr_ip s:,al~ be deemed •*_o ~~ave
beer. agproved, and *he ~ssociatior. shali
i"rr.~sr a cer~if~ca~e af approvai as e~se- ;
~ wi-:e.e Fre~~icied, wn~c'r: sh~il be recorded ir~ i
~ t::e publi~ r~ccrds of St. L~~:cie 'o~.:n~~: ~ t'10?^iCl3, ~
a;. ~ine experlse ~f the dwellir.g ~ar~', owner. i
' _:~:::~~AGE ~:o ~Yr~l~,n~ ;~r.i~ owner r.:a_: m~r*gage ~-:is dweli- ?
~
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__.r.~_ _ r.~. ar.- ~r.~eres` ir. i~ h•~ ~'r.o~a~ ~?^e appr;,~ral ~f tre tisso^ia±ior. ~
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ex~°-.,` ' ~ a ban~c ii~e ~^surance eer~~rar.-: er a sa~~in~s and 1c~ r ~
-r ~ ~ r a:: associa- x
--^r-~ J=' a:P:?'.~~Z' S°C~?"O a p02'~iC:: ctil ^i Ft:T'C~:gS? pr:^_e.
:.`.F' 8~`L~2'i";-.'&1 3~":. .^.:0: *~a~ee !'a: u? .~For. ~~~2:C~i'~^.':S ~E'-'_ET'!.".i::E'C~
~r
~.e nss_ cia ~~~.r. or .:~a.• arb~. .,rar~l•: w~ . ~::eid.
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