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HomeMy WebLinkAbout0885 ~ I.a~•t•~•i-:~~ i~l i~~,! i~~~~. '1'!?~~ u~~l iuil ~lit.tll ii~ ~•x~•i•~~i::i•~t !,y il~•1 ivt•ry i~r.i i 1_i~?~; l~y I~~~~.;is[~letl m.til to ~•,~~•li ul lli~~ ~•~•i•ui,il u~,ri?~•?•~ ut~ fli~• ul~arl:ni~•nts to l~~ j~u1~- ~•I~,i,~~•~l ui~ .i.~r~•~•in~•~~t t~~ ~,ur~•1<<~~~~ i~;~u~d l~y rlie r~~c•ur~l uw~~~~~•, ~?I .i~,~~rtn~~•,~t:~ ~vli~~ ~,ri.ll ~,urtic~ipale in tl~e purcliase. tiii~•1~ ,i:~r~•~~~r.~~iir ~;I~,i l l. i ~~~I i~•u t e~~l~:icli up.trfui~nt's will Lc~~ J~u~•.ds.i:;~•~1 I,y ~~.i~~l~ ~uit~t i~•i~,.it i~i~ ut~ii~•t~ uud sl~ull i~~ryu.it~e liti• ~iu~•~~':~.tti~• ~~1 .tll .~~i,it~luu~i~l5 u?y~i~~l l~y uWIlE~2•s nut u(~p1'oV_ i ii.~ t I~i• i ii,i ! i u~~, I,i~ t t li~r tit;1•~~~m~•~if 51?all el~l~~~~ l u ti~•~,:ii•.it ~~u~~t ~•:i~•! L~~t~~~•~•i? ~•;i~•I~ sLll~r antl ttis p~i~•cL:tS~r. 1 !'r i~•~• . 'I'l lt~ 1 c~ti j~r i cu I~ut~ ~acli apttrtiu~~n C --r.--. til~ul! .,~~r iu.u•h~•( vcilu~• cl~l-~~rinln«1'l~y a~;r~~~n~~•nt I,~•I w~~~~~: t i~~• l l~~t~ :u?~t t l~~• l,ui~~•l~us~r ~vi tl?in t11iI'ty (jU) ~6~y:: t r~Hn t lt~~ ~l~• 1 iv~•ry u~• uiui l.iii}; oi~ such agrcenie~t?C, und ii~ tl~~• :il~r,~•~~~~t~ u1~ :tt~r~•~~in~~~~C ;~5 t~u ~~ri~t~, it sliall Le ~I~r1 ~~i„ti ~u•~l I,y cii•t~i l ruf iu~i i~? aecurd.iit~~e with tl~e rhe.~n ~•x i ti t i I~•s ~?1~ rl~~ r?nt~•i• i~~an /1rt~i tratioii Associa tio~i, ~•x~~~•~,t 1 1!a t Cl~~~ c~rl,i t r.i rui~s ;;luil l. l,e two appraisers al~pointcd I,y tl~~~ :\in~rri~•~ui ~1rt,:it r.~t iu~i AS~uc•iat'iun, t~xc~~pt wlio sliall 1,.~;;~~ rl~~•it~ cl~•t~•i~ni~~ut.iu~i u~,un ~tn .tv~ru~;c, ot~ theil' ~tl~praisals ul~ fi?~~ u~,.~rliu~•~it ;;ui~ u.jucl~;mcnt o1~ s~~~ell~ic perl~oi~n~nce ul ~ t~~• I~~ u~?u~~ t~l~ir .twcii~~1 i~encit~r~~l l,y the arbitraCurs may 1~~• ~~~t~•rr~l .i~~ .ttry ~•uu~~f ~~I~ ~~rHUj~~Cent ,juY'isdletiOn. 'fhe ~x~~~•~~:;~• ~,1 tlic~ ;i-t•I~ilr.~l.i+,~i ~;!<<<.1.1 l~cr pai~i by tlie purehaser. I>> .u~~~ tit~,•i: .t~•t iu~~ S ut• ti~~~~~•i I~i~ perl~t~i~u.tnc:e the prev~.tilin~; rt y ti1,,~1 1 tiu l,c• ~•~~t i t I er~l c u li is r~asunul~le a t t orney's 1 ~•~r:; ~~~~~I ~•u~;l:; ~~i~~ut•r~•~i ii? c•ui~n~ctio~2 therewith. i 1:~~~~is~•i~l. 't'f!~• ~,irr~~li.i~~ pi•icc, shall be puicl in ~ ~~.isl?, ~?~•„~~~i ~1~~~l, i~~ [ li~~ crv~r~~C ! l~er~ ~h~ill V~ ~t pr~ _exis titi~ j i~:i ~•~1 i~~~~rt ~~,a~.~,~• un t.h~• ~~uiulu~ii.iniuni unit , tl?e~~ t1~L purchaser ~ ~l~.i! I I~.~~~~• t!i~~ u~?tiui? ui .i:;5u~iun;~ tI?e reinainin~; prin~ipal ~ „!~I ~~~at iu,? c!?~~r•~•~?f, ;u~~t ~I~ut 1~urt-ioii uf~ th~ pur~~tia5e price ~ wl,i ~•I~ i:~ .i ~•x~•c~:,~ ~?I 5u~•1~ nwi't~~;~t~;e 51~t111 l~e payat~le in ~ - ~ c:~til~ ~iI ~•lutiii~t,. ~ 1~1) ~ I~,~.i,?~_~. '!'I~~r :.,~1~ :;l~ci11 t~e clused within t}iirty x ( ~11) ~l,~~ti lua:~i~i;~ ~l~•I~ritiui~~~ilio~~ ol~ i-lie salt~ pric~~. . s 3 ~ 1.'1. i ~~~•~•s i t i~•,~t~•. 'I'e~i,uiuul iu,f ui fl~e t'undomini~uu in either ~ - - - ~ ui tl?~• I~~r~•~_~,~~i~i;~, n~.~i~n~rs sl~,il.l i,e~ evicleiicecl l~y a certit~icate of - ~ : ii~ :1:,~u~~ i~, t i~„ ~~~x~•~~u t~~cl ~sy i!~ 1'rc~5 i ci~lil anci S~eretary eertil~yin~ . a tu 11~~• l.i~°t;; i•1 t~~~•lin~; ti~~• t~~rinii~titiun, Sii1CI CE'I•til~ica[e ro beccHne ~ t_•t 1~~~•t iv~• u~~~~~, !~~•i~i,~ ~•u~~ut•~I~r~J iu llie 11~L1i~~ k~~cor'tls ul~ St. Luci~ ~ • k t:uwaly~ 1'.L~~~•i~'t,~. ~ ~ l'~. ~a :;i;,~ ~~~•r; ~~1 u?,riu•r:, .i f t~•r t E•tyi. in~i t i~~i?. /lfter termination ~ ul~ lti~ 1'uii~lr,:iiii:it~u~ t~i~~ ,tpu?•t~n~•~it u?~r~?LI~S s ~~.t ci~~n tlle l'ottdanlttlum ~ ~,ru~~~~l•t y~i~~~; f 1 ;~ti:;~•t s ul~ t I~~~ ;\:;su~•i~tiwi as teuan[s in cummuri ~ i ii ~ii~cl i t~ i~t~•~t ~•~•ti t ti,i t- ~;li.~ ! L l,i~ lf~c~ 5~iin~ us rlie uiidividt~d ~ ~.'~~:r~•:~ ii: ~.~~:,~nun ~•L~r~u~•~lt:; :~~,~,ui•l~i~u~~t- tu Lhe owners' apartm~rit~. ~ ~sriut~ lu L!i~• ~•~y:+in.it iuii. ~ 1'). :uu~•~,~i~u~•c~~ . '1'his :;e~~t iui~ ~~un~c~rniii~ terrnination cannot " Lt~ ~inuriul~•cl ~~r i tli~«;~ ~~ui~tit~iit ut :i~ 1 u~~irtiuc,iit u~vner5 an~l ol all r~cord ~ uw~~~•r~~ ut iui~rt~_~,.~~~,~~ti ul~oi~ tt~~• ;il,c,i•tine~tls, y 'ti; 2U. ti~•v~•r~il, i t y. 'I'li~~ _i~~v~~ ii~l i ty i,i wliulc: or in parr uf~ any ,y ~oveu~nt ur r~til~~~t~[ i,-n:, ~?r ~i,iy ~~c~t.i„i~, sul~_se~tion, sen[ence, clause, phrase or word, ur u~l~~~i• ~~r~~~~ i:,iu~~ ut lt~ i~ ?~~~c~l~u•:li iu~? ul~ Cornlu~ninium und the,,,(1~~~;~les ol~ I~:curp~~i~at.iuii, I:yl,~~~~-; .~~~~I Kc~;;li la[~u~,:, u1~ lh~ nssoc:iation sh~ll n ,~p~~tC~~.I , the v.il.icfit~y ut th~r r~•i,,,cii~i~~r j,url.iu~~~. . . I`F~ . ' .~p7E~~ . t K ; . p v . O = _„~I~: l~:l'1"' 'ti l;fl!:f:l:ll!', ! h~•. Ifc•v~~lu~,~•r i~u5 exe~uted tliis Uec~'~r~tl' ry.Q='A _ ttiis ~ ~ty ~~t ~~~i/' ° o'~= Y~ ~ ' ~ y Q ; - 1~'I'. I'l!: : t' I' ?C7'IUN CU11'~(,j~i~1~IOji1~~~ r ` ~ u!' l ur ia ~ l-ic n V~~~Q - - ~1 t- t crs f - ~ ` ~ ~ - j.~=-___ - ,.,.~,~~•y r'residcnt _ - 80CK PA ~~t G R 223 885