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HomeMy WebLinkAbout1911 would otherwise be refunded to the Association or condominium apartment owners will be paid to the Manager. ' j. The giving of notices, in accordance with the pro- visions of said Declarations of Condominium, Articles of Incorpora- tion, Bylaws and Long Term Lease. k. The making of rules and regulations concerning the use of the condominium properties, including the premises demised to the Association under said Long Term Lease. . l. The collection of the amount of any increase in insurance premiums occasioned by the use, misuse, occupancy or abandonment of apartments or their appurtenances or common elements. m. Such duties as may be assigned to the Associat•ion by amendments to the Condominium Act, said Declarations of Condominium, Articles of Incorporation, Bylaws and Long Term Lease. However, the duties of the Manager will not include any created by amendments to the Condominium Act unless they are accepted in writing by the Manager. The entire cost of performing such duties will be paid by the Manager, except that the Manager will not be obligated to pay rent and other monies due under said Long Term Lease until it has collected such rent and other monies from apartment owners. For the purposes of this Management Agreement, all assessments collected from apartment owners will be applied first to rent under said Long Term Lease and next to other monies due under said lease. 4. DUTIES OF ASSOCIATION. i The duties of the Association will be as iollows: ~ a. The making of assessments in the amounts set forth in Article 5 of this Management Agreement. However, for the purposes of this Management Agreement, the parties hereto and the owners of all condominium apartments will consider said i assessments as made, whether or not the Association~or its - t j Board of Directors or members take any'action in regard thereto. ~ - - ~ b. The obtaining of written consent from the Developer ~ and/or Manager where required to any amendments to said Declarations 6 of Condominium, Articles of Incorporation, Bylaws and Long ~ Term Lease. Any such amendments will be null and void unless said written consents, when required, are obtained and recorded in the public records of St. Lucie County, Florida. . ~ ~ c. The obtaining of the Lessor's written consent, when required, to any assignments or subleases of its interest in said Long Term LeasE. Any such assignments or subleases will be null and void unless said written consent, if required, is obtained and is recorded in the public records of St. Lucie County, Florida. ~ d. The obtaining of the Lessor's written consent to ~ any mortgages encumbering its interest in said Long Term Lease ; or any of the common elements of said condominiums. Any such ~ mortgages will be null and void unless said written consent ~ is obtained and is recorded in the public records of St. Lucie ~ County, Florida. e. The obtaining of the Developer's and/or Manager's written consent, when required, to any leases whereby any of ~ the common elements of said condominium are demised. Any such ; ~ - ~ -4- ~ i E • FEE. PARKER & FEE. P. A. q j ATTORNErS AT LAW ~ 600K PAGf ~a71~ ` ~ PO5T OFFICE 60X 1000 FOitT PIERCE. FLORiDA 33450 ~ { ` a. < . . . 7 , a - . : ~ v~~ ~ _ ~ ~ . ~--C.. ~ - - ~ _ _~~~~~~r.. .