HomeMy WebLinkAbout0077 action as is deemed necessary to collect the past due sums and/or
foreclose the lien on the Condominium Parcel of said delinquent
• vwner, all as hereinafter provided.
B. Lien for Assessments - The Condominium Association
shall have a lien fo~ assessments aqainst the Condominium Parcel
of a delinquent owner, and against all tangible personal property
located in such awner's apartment. The lien shall be effective
as of the date of recordation of the same in the Public Records
of St. Lucie County, Florida, and shall-exist as security for all
then unpaid assessments for such owner's obligation for payment
of common expenses, interest thereon as herein provided, and all
costs i.ncurred in the collection of same, including a reasonable
attorneys' fee, and for all costs, charges, other fees or commis-
sions, and all other obligations of such owner which are due and
awing as of the date of recordation of such lien as aforesaid, and
which may thereafter become due and awing as herein provided.
Such lien shall remain in full force and effect until the same
has been satisf ied of record. Except as hereinafter provided, no
lien shall be recorded until an assessment has been unpaid for five ~
days after the Condominium Association has given notice to such
delinquent owner that such assessment is past due. Upon receipt
; by the Condominium Association of payment in full of all past-due
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~ assessments, and all costs, fees and other obligations of said
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~ delinquent owner, the Condominium Association shall record in the ~
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E Public Records of St. Lucie County, Florida, a duly executed
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~ satisfaction of lien.
; The lien for assessments f iled by the Condominiwn.Associa-
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; tion shall be deemed to be prior and superior to any Homestead ~
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~ status regardless of the time of creation of same, and shall further
be deemed prior and superior to any liens or encumbrances other
than the lien of an institutional mortgage recorded or perfected
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~ -10- BOOK 245 PACE 7~
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