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HomeMy WebLinkAbout1777 A) Subject to the provieione of Article III, no alteration in the percentage of ownership in CO1~M+jON PR~OP$RTY appurtenant to each PRiVAT$ bWSLLING, or alteration of the basis for sharing connnon expensea and other apportionment of aeseas- menta which may be levied by ASSOCIATION in accordance with the provisions hereof, or alteration of basis of ownership of COMMON SURPLUS, or alteration of voting righta, sha11 be made without written consent of all of the owners of alI PRIVATE DiWELLINGS and their respective mortgagees, being first had and obtained. B) No alteration, amendment or modification of the righte and privilegea qranted and reserved hereunder in iav~g of an Instttutiona2 Lender of Institutional Lendere ahall be tnade wft~ic~t~~ written cor~sent of all Inatitutional Lendere holding mortgages on PRIVAT~ DiWEL2.IriGS in the CONDOMINIUM being first had and obtained. C) No alteration, amendment or mod~ication of the riqhts and privileges granted and reserved hereander in favor of DEVELOPBR, ahall be made without the written consent of D~VELOP$R being first had and obtained. 7~XX . ~ REMEDIES nl EVENT OF DBFAUI,T : t The owner or awners of each PRIVAT$ DiWELLING shall be governed t by and shall comply with ti~e provisione of this Declaration of Condominium, and the Articies of Incorporation and By-Laws ot ASSOCIATION, as any of the same are now conetituted or as they may be amended from time to time. A defaalt by tne awner dr awners of any y PRIVATE D°WBLLINGS shall entitle ASSOCIATION or the owner or ovmers of other PRIVATE DWE7,I,INGS to the following relief: A) Failure to comply with any of the terms of this Declaration of Condominium or other restrictions and regulations contained in the Articles of Incorporation or By-Laws of f ASSOCIP,TION, or which may be adopted pursuant thereto, shall be grounds for relief which may include, without intending to Zimit the eame, an action to -recuver sums due for damages, injunctive relief, foreclosure of lien or any conbination ~ thereof, and which relief may be sought by ASSOCIP,TION or, if appropriate, by an aggrieved owner of a PRIVATE DiWELLING. E ; B) The owner or ownera of each PRIVATE DWELLING shall be liable for the expense of any maintenance, repair or replacement rendered necessary by his act, neglect or ~ carelessness, or by that of any member of his family, or ~j ` his or their gueets, emplo~ees, agents or lessees, but only to the extent that such expense is not met by the proceeds ~ of insurance carried by ASSOCIATION. Such.liability shall ~ ~include any increase in fire insurance rates occasioned by t use, misuse, occupancy or abandonment of a PRIVATE DWELLING E or its appurtenances. Nothxng herein contained, however, shall be construed so as to modify any waiver by insurance cotapanies of rights of subrogation. ; C) In any proceeding arising because of an alleged default by s ; the owner of any PRIVATE DWBLLING, ASSOC7ATION, if unsuccesaful, ~ ~ sha11 be entitled to recov~er: the coata of the proceeding, ` and such reasonable attorney's fees as may be determined by t the Court, but in no event shall the owner of any PRIVATE ` D~WELLING be entitled to such attorney's fees. ~ D) The failure of ASSOCIATION or~bf the owner of a PRIVATE - _ DWELLING to enforce any right, provision, covenant or condition which may be granted by this Declaration of Condominium or other above mentioned documents shall Y not constitute a waiver to enforce such right, provision, ~ covenant or condition in khe fature. - ~ ~ 1~`73 Q j~~ 2 -25- ftC~ ~.(..V S1PIELVOGEL. GOLDMAN AND CARUSO, P, A. - ATTORNEYS At LAW - MERRITT ISLAND. FLORIDA ;