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Fcw~ver, :.o suc:~ foreclos~:re action rnay be brou5ht by said i:s.:ituc~on ;
i~~divid~al or group of individuals where the Association anv~r.ccs '
~.:,::cessar~ iur.~s and assigns its lien, until the deliaque:~t u:it
o~•~~..:r has received not l~ss thar~ ten (10) days' written notice ir. t
~::~s :egard.
B, T:Ze owner of ~Ize rest.~ec~ive "condominium unit", s:1uil ~
,:o~ 'va deem~ad to own tne unnecorated and/or unfinisYied surtaces o~
t:,~ neri:.i~ter walls, ~loors and ceilings surrounding his res~c:-.ive
c.;.::io.:.i :~tz.-:: u~it, nor s:~all the unit ow:Zer be deemed to own pipes,
~:~~~s, co:~du~ts, or other public utility lines running througi:
:e~~ctive condomin~u:~. unit which are utiliz~d for or se-rve
~han one condo:ainium Unit, which items ~re by these preser.ts
~,:~r~u~~ r;~ade a part oi e co.:..:~on elemer.ts. Said unit o~mer,
::owevcr, sr.all ~e deeme~ ~o owr? the walls and partitions whicn
c~n~ai:~ed i;z Said unit owner's respective conaominiu;n ur.it,
w:~ ulso sha12 be dee:,ied to own the inner decorated and/or f ir.ished
Ju~rMces o~ t:ie ~rimeter walls, floors and ceilings, inciudi:~5
~~~s;.er, paint, wallpaper, etc.
C. T'.^.e owners o: ~he respective condominium units ag:ee
w~ i~ aay por~io:~ o~ a cor.domiriium unit or common element o•r
~~.;.i:.e~. co::..-r.o:~ eler~~nt encroaches upon anotner, a valid easer;ie::t
~o~ ~he encroachr.?ent and maintenance oz same, so iong as sta:.::s,
s:.~i~ anci does exist. In tr.e event ~he condominium building ~s
pa~~ially or totally destroyed, and then rebuilt, the owners o~
t:.e condominiw-n parcels agree that encroacYu~ents of parts of t:.e
co.:.:~:on elements or limited common elements or condor:linium units,
~ as a~oredescribed, due to construction, shall be permitted, and
E ~:.at a valid easement for said eneroachments and the maintenance
~ ~:iereof shall ~exist.
~ D. That no owner of a condominium parcel may exe:aot
~ :zir..self from liability for his contribution toward the commor.
expenses by waiver of the use and enjoyment of any of the common
~ elements, or by the abandonment of his condominium unit.
E. The ow:iers oi each and every condominium parce i s'r.all
~c::.urn the same for the purpose of ad valorem taxes with the Ta:~
Assessor of the County wherein the condominium is situate, or such i
o:.r•er future ~egally autho-rized governmental officer or authorit~y
'r.avir.g jurisdiction over tne same. Nothing }zerein shall be
~ construed, however, as giving to any unit owner the right oz
contribution or any right o~ adjustment against any other unit
ow.zer on account of any deviation by the taxing authorities fro:n
~ ~?~.e valuations herein prescribed, each unit owner to pay such
~ sd valorem taxes and special assess:nents as are separately
~~sessed against his "condominium parcel".
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~ For ~he purposes of ad valorem taxation, the interest '
~ oz t:~e owner of a"condominiu..n parcel" in his "condominium unit"
Q:.n in the "com~non elements" shall be considered as a unit.
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~o~K 23t~ 222?
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LAW OFFIGES BAFiT L. CONEN, CiTY NATIONAL 6ANK BUIIDINC3, MIAM1~ FlOR1~A
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