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.
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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.
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~ 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. .
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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 ;
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• FEE. PARKER & FEE. P. A. q j
ATTORNErS AT LAW ~
600K PAGf ~a71~ `
~ PO5T OFFICE 60X 1000
FOitT PIERCE. FLORiDA 33450 ~
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