HomeMy WebLinkAbout07992.13 Developer means ZEPHYR, INC., a Florida corporation,
its successor and assigns, and whoever offers for sale condominium
parcels created herein in the ordinary course of business; except
the term shall not include the owners of units who have not acquired
all the right, title and interest of ZEPHYR, INC., in the condo-
minium property.
2.14 Institutional Mortgagee means a bank, bank
holding company, or subsidiary thereof, savings and loan associa-
tion, insurance company, union pension fund, mortgage company
approved by Developer, its successor, grantees or assigns, agency
of the United States Goverriment, or Developer, its grantees,
successors and assigns holding a first mortgaqe of public record
on a condominium parcel or on any portion of the condominium
property.
2.15 Land means the real property in St. Lucie
County, Florida, which is being submitted to condominium ownership
and is more particularly described in Exhibi~t A, attached hereto.
2.16 Limited Common Elements means those common
elements which are reserved for the use of a certain unit to the
exclusion of other units, and for all purposes herein shall be
treated as cmnmon elements as to the unit for which they are
rese~ved.
2.17 Occupant means the person or persons, other than
the unit owner, in possession of a unit or limited common
elements.
2.18 ~ecial Assessment means a share of the funds
required for payment of common expenses which are unbudgeted or
for which insufficient provision is made in the budget, occasioned
by unforeseeable and fortuitous events, which from time to time
may be assessed against the unit owners.
2.19 The Woodland Condominium Apartments means
approximately 4.737 acres, more or less, controlled by Developer
in the City of Fort Pierce, Florida, of which the Condominium
is a part. "The balance of The Woodland Condominium Apartments"
means The Woodland Condominium Apartments less the condominium
property: Developer and others, in their sole discretion, may
construct, demolish, reconstruct, and repair every sort of
improvements upon the balance of The Woodland Condominium Apartments.
2.20 Unit or Residential Unit means a part of.the
condominium property which is subject to private ownership, to be
used as a single family residence and as designated on the
exhibits attached to this Declaration.
parcel.
2.21 Unit Owner means the owner of a condominium
2.22 Singular, Plural, Gender. Whenever the context
so permits, the use of the singular shall include the plural and
the plural shall include the singular, and the use of any gender
shall be deemed to include all genders.
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FEE. KOBLEGARD 8c TEEL. P. A.
ATTORNErS AT LAW
POST OFFICE BOX f000
FORT PIERCE. FlORIOA ~3450
T[L[-MOM[, (~0514A1•5020
~345 P~E 797
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