HomeMy WebLinkAbout1272 D. Lien. The Condominium Association, by virtue of its
execution~is Declaration, and each Unit Ok*ner by virtue of
taking title to a Condominium Parcel, agree that to secure the
Unit Owner's obligation to pay assessments, the Property Owners'
Association shall have a lien on each Condominium Parcel and all
tangible personal property located in each Condominium Unit in
this Condominium as provided in the Articles of Incorporation, i
By-Laws and Covenants and Restrictions of the Property Owners'
Association. Said lien shall be effective from and when recorded
in the Public Records of St. Lucie County, Florida.
E. Covenants. Each Unit Owner, his heirs, successors and
assigns, s a e ound by said Articles of Incorporation, Cove-
. Hants and Restrictions and By-Laws of the Property Owners' Associ-
ation to the same extent and effect as if he had executed said
documents for the purposes therein expressed, including but not
limited to:
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(1) Subjecting all of his right, title and-interest in t
his Condominium Parcel and .tangible personal property therein, to ~
the lien rights granted to the Property Owners' Association in s
said documents.
(2) Adopting, ratifying., confirming and consenting to
the execution of said documents by the Association. ~
(3) Covenanting and promising to perform each and
every one of the covenants, promises and undertakings to be
performed by Unit Owners in the cases provided therefor in said
documents.
(4) Ratifying, confirming and approving each and every z
provision of said documents, and acknowledging that all of the - -
terms and provisions thereof are reasonable.
(5) Agreeing that the persons acting as Directors and
Officers of the Property Owners' Association entering into such
documents have not breached any of their duties or obligations to
the Property Owners' Association.
(6) It is specifically recognized that some or all of
f
r the persons comprising the original Board of Directors and Officers
of the Property Owners' Association are or may have ari interest
r in or be employed by the Developer, and that such circumstance
shall not and cannot be construed or considered as a breach of
their duties and obligations to the Property-Owners' Association,
nor as possible grounds to invalidate such documents in whole or
in part.
(7) The right of the Units Owners, including members
of their family and temporary residents in their Unit, and guests
and invitees to use the facilities owned or to be owned by the
Property Owners' Association is as set forth and specified in
said documents.
F. Not Part of Condominium Property. None of the facilities
or properties owned by the Property Owners' Association, if any,
shall be. deemed a part of the Condominium Property of the Condo-
minium created by virtue of this Declar-ation of Condominium; -
however,-all covenants, conditions, promises and obligations
contained in the Articles of Incorporation, By-Laws and Covenants
and Restrictions of the Property Owners' Association and contained
in this Declaration of Condominium and the Exhibits attached
hereto, where applicable or implied by law, are covenants running
with the Condominium Property, including all Condominium Parcels.
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