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Home My WebLink About0846 ments n2ay be amender3 at any time by the board of directors if the eccQUnts of the amended budget uo nQt exceed the llmitations for that year. Any accaunt thal does e:ceed such lirr;Itation shall be subjNCt to the approval of the member- ship of the Assor.iation as previously requi red in the~.e I3ylaws. The unpaid assessment for the ren:~Ining pvrtion of the calendar year for which the srr~ended assessment is made shall be due upon the date of the assessnzent ii n~ade on or after July l; and if made prior to July 1, one-half of the increase shall be due upon the date of the asse~sir~ent and the balance of the assessr.~~nt upon the ner.t July 1. The first assessment stiall bE deterniined by'the board af directors of the :~ssociation. 6. 4~s cceleration of assessn~~ent installments upon default. If an apartment owner srall he ir. default in the ~ayr,:ent of an instatlnr~ent ~s~n an assessment, the board of directors n:ay accelerat~ the remaining install- n:ents of the assessn~ent upon notice to tt,e ~partment owner, and then the un- paid b~lance of the ass~ssn~ent shall ~ome due upon the date stated in ttie notice, but not tess than ten ~lc?) days after delivery of the notice to the apart- ' r.~ent ov?~ner, or not less than twenty (20) days after tt-,e mailing of such notice ~ to hir;-: hy registered or certified maii, whichever shali first occur. i ~ 6.5 ~~ssessmeiits for emergencies. ~~ssessments far cor. - ~ ~ r~on expenses of emergencies that cannot be paid from the annual ~sess- I rr~ents for comn~on PYPenses Ghall be n.ade only af~er no+_ice of the need ~'ar ~ s~1~h ia given to the apartn~ent ov~•ners concerne~. "~fter such notice and upon ~ ~ approval in writing by perQons entitted to ~ast more than one-half of the vote~ ~ of the apartment owners cQrcerned, the assessr-~ent shall becoTr,e effective, ~ - ~ anc3 it shall be due after 34 days' notice in such r:~anner as the board of dir- ~ ? ectors of the Association may require in the notice of assessm:ent. ~ 6.6 The ~3epository of the 1lssociation shall be such bank or ~ ~ - ~ hanks as shall be designated from tim~e to tir.:~e by the directors an~ in which . ~ ~ j the n~oneys of the Association shall be depotsited. r~'ithdraxals o~ moneys ~ # ~ ~ ~OA~(~~ P~f ~ ~ ~~n_ ~ n CAqL F. EL.LWANGER ATTORNEY AT U1W P. O. SOX fs5• STUART. FLORIDA ~~4l4 ~ $ _;tr' - - - _ . - - - - w . - _ . g _ ~ ' i , _ v_ ~ _ ~y . ~ . . . . . - , , v:.'~