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infringe upon the use and occupan~y ~f any other Interval Cwner (~r any
person occupying by reason of such Tnterval Cwner) ~wning U nit V~~eeks
within ~he same parcel committed to Interval Cwnership, then the Interval
Cwner responsible for preventing and/~r infringing upor, use and
occupancy either by reason of his own use and/~r occupancx ~r by reasan
of the person occupying by~ reason of his ownership shall pa,y t~ the interval
owner~c~ho has had ~his use and/or occupancy.prevented and/or infringed
upon by such conduct, the sum of Two Hundred Fifty ($250.00) L~~llars per
day for each day ~r Part thereof such use and/~r occupancy is prevented
. and/or infrinqed upon. Such sum (s) shall be considered as liquiaa.ted
damages for the prevention and/or infringement upon such use and
occupancy, and the Mana.qement Firm, so long as the Management
Agreement is in effect, and thereafter, the Associa.tion, shall have a lien
upon such offending interval owner's Interval Cwnership in such am~unt(s),
Such lien shall be the same~as, and enforceable by the same means as,
liens under A rticle XIII of this L~eclara,tion, Upon collecti~n ~f such
amount(s) from the offending Interval Cwner, the Manaqement firm, s~
long a~ the Manaqement Agreement continues in effect, and thereafter, ~
the A ssociation, shall pay such sum direct to the Interval Cwner (s) whose
use and occupa.ncy has been prevented and/or infringed up~n f~r the ~
number of day(s) (or part thereofl s~ lost or ~nf; inged up~n by reason of
the offending interval owner (s).
Section III. It is the intent of this instrument that each interval ownership
the unit week (s) _conta.~ned therein, as defined and created herein, shall
be considered as a separate estate to be held separa.tely and independently
by the respective unit owner thereof, f~r and during the period of tune ~ i
assiqned to each, each said estate ~eing succeeded by the next in ~ _
succession, as governed by this re~laration and the Exhibits neret~ and f
the reed of C~nveyance. 'I'he interest ~omposinq a unit week as herein #
specified and created may not-be separately_ sold, c~r.veyed, devised, ~r
otherwise tra,nsferred, but any transfer by any means ~f the same shall
transfer all interests herein created and such shall be a coven~.nt and
. _ restriction running with the real property. .
IN V~~ITNE.SS V4'HERECF, TURTLE REEF ASSCCIATES, INC, ha.s
comm itted t:~ese prem ises and has caused th se presents ~o be s igned in
its name by its duly authorized officer thi.s ~ day of Q-~~ 197~,
CCRPCRF~TE SEAL TL~RTLE REEF. ASSCCIATES, INC. - ,
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t~ • . .
' ; t;' , ~ ~y: ~ (SEAL)
I ES NT '
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~ ~ ~ - STATE CF FLCRIL'A ~ - ~
CCUNTY CF MARTIN
I hereby certify that on this c~a.y, before me, a Notary Public '
duly atuhorized in the state and county named above to ta,ke acknowled~ments ;
Personally appeared Hazen Kreis ;
to me known to be the ~erson described~as res~ ent ~
~f TURTLE REEF ASSCCIATES, INC. , and who executed the f~reg~ing =
~eclaration, and acknowled~ed before me that that~ Person executed the
foregoinq L`eclaration in the na.me of and for that ~corporation, affixing the a
ep,rp~;~te seal of that corporation thereto; that as~such corpora.te offi~er, ;
w. R. scorr
•::'~~~~:{~er~on is duly authorized by that corporati~n t~ do so; that the f~regoin ~
wrroRncrwruw ^~d~claratiQri'~f condominium is the act of that cor oration. ~
_ .
' ~~•'.itness my ha and official se fn t`county an t named
s.~„~..~~,~? ~ 1g7~ ^ •
~ ac-~io~ve th is: ~c~y of
au~s _ 1?~ , , ^
' ) • - D~ ~ ` t ~i(sbl.~,i~ic~- ,
- ~ ~~orc ~ ~ ~~'~p~p ~II-34 Nota ry Public ~
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