HomeMy WebLinkAbout0092 pay in full the owners and holders of all outstanding liens~and~
encumbrances against each apartment, then to the Condominium Asso-
ciation~any sums due and payable by the owners of that apartment
to the Condominium Association, and the balance of the share allo-
cated to each apartment shall be paid to the respective vwners
of record. ~
Upon and at the time of receipt of payment in full,
the owners and holders of each lien or encumbrance shall execute
and deliver an appropriate release or satisfaction of same, to
the Condominium Association in recordable form.
In the event of the failure of the owner of a Condominium
Parcel to deliver a deed of conveyance as required, the Condominium
Association shall compel compliance in a court of equity or other
court having jurisdiction of the matter, and in.snch event, such
owner shall be liable to the Condominium Association for all costs
and expenses incurred in connection therewith, including a reason-
ab le attorney's fees.
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XII. AMENDMENT OF DECLARATION
This Declaration may be amended at any time by unanimous
written agreement of the owners of all Condominium Parcels, the
~ awners and holders of all institutional mortgaqes, as evidenced
! by an instrument executed by each such owner and institutional
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~ mortgagee, and recorded in the Public Records of St. Lucie County,
~ Florida. As to all matters except those adjusting the ownership
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interest in com~non elements and'common surplus, the various assess-
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~ ment shares of Condominium Parcel awners, the vote of such awners as
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~ members of the Condominium Association and any provisions affecting
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a
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~ the rights and interests of institutional lenders including but not
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- limited to provisions V I- C and X(which shall require written
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~ approval of such mortgagees), this Declaration may be amended with
` the consent of the owners of 102 or more Condominium Parcels. Such
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