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HomeMy WebLinkAbout1059 t } i Common 8lement encroaches upon another, a valid easement for the encroachment and maintenance of same, as long as it stands, shall and does exist. In the event the Condominium Property is partially or totally destroyed, and then rebuilt, tha Owners of the Condoms- nium Units agree that encroachments of parts of the Common Elements or Limited Common Elements or Condominium Units, as aforedescribed, + due to construction, shall be permitted, and that a'valid easement , for said encroachments and the maintenance thereof shall exist. ! i 8. No Exem tion from Assessments. The Owner of a Condominium Unit may not exempt a rom ity.for his contribution t toward the Common Expenses by waiver of the use and enjoyment of any of the Common Elements, or by the abandonment of his Condominium Unit. C. Ad Valorem Taxation. The Owners of each and every Condominium Un t s a return the same for the purpose of ad valorem taxes with the Tax Assessor of~St. Lucie County, or such other legally authorized governmental authority or officer as may from time to time have jurisdiction over the same. Nothing herein shall be construed, however, as giving to any Unit Owner the right of contribution or any right of adjustment against any other Unit Owner on account of any deviation by the taxing autho- rities from the valuations herein prescribed, each Unit Owner to pay such ad valorem taxes and special assessments as are separately ` assessed against his "Condominium Unit". For. the purposes of ad valorem taxation, the interests of each Unit Owner of a "Condominium Unit" and in the "Common Elements", shall be considered as one taxable Unit. The value of such Unit shall be determined by dividing the value of the entire. Condominium, including land and improvements, by the percentage that has been assigned to said Condominium Unit as set forth in this Declaration. The total of all of said percentages equals 100$ of the value of all of the land and improvements thereon. D. Covenants Run With the Land. All provisions of this Declaration an t e Exhibits attach hereto and amendments- . thereof shall be construed to be covenants running with the land and of every part thereof and interest therein, including, but not limited to every unit and the appurtenances thereof, and .shall be binding on every Unit Owner and claimant of the Condominium Property or any part thereof, or of any interest therein, and his heirs, executors, administrators, successors and assigns. E. Severability• If any provisions of this Declaration of Condominium an t e Exhibits attached hereto or of the Condominium ~ Act or any section, sentence, clause, phrase or word, or the f application thereof, in any circumstance, is held invalid, the validity of the remainder of this Declaration and the Exhibits attached thereto, or the Condominium Act, and of the .application of any such provision,. section, sentence, clause, phrase or word, in other circumstances, shall not be affected thereby. ~ F. Notices.. Whenever notices are required to be sent hereunder,~t a same shall be delivered to Unit/owners by mail, addressed to such Unit Owners, at their place of residence on the Condominium Property, unless the Unit Owner has, by prior written . notice duly receipted for, specified a different address for such purpose. Proof of such mailing by the Association shall be given by the Affidavit of the person trailing said notices. Notice to the Association shall be delivered by mail to the office of the ~ Association at 2400 South Ocean Drive, Fort Pierce, Florida E 33450.. Notices to the Developer shall be delivered by mail to t r -24- s t zy =