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~ 16.7 Assiqnment of Claim b~ Association. The
Association, acting throuqh its Board of Directors, shall have the
right to assign its claim and lien rights for the recovery of any
unpaid assessments to Developer or to any unit owner or group of
unit owners, or to any third party.
16.8 No Abrid~ement of R~i _hts of Institutional
I~ortga ees. Nothing herein s~aI7 af~r`i~ge or limit the rights or
responsi ilities of an Institutional Mortgagee of a unit, as set
out herein or in the statutes made and provided for same.
16.9 B~ud~et. The Board of Directors of the Associa-
tion shall approve t~ie annual budget for this Condominium and
for other condominiums comprising The Woodland Condominium Apartments
in advance for each fiscal year, which budget shall be in the form
prescribed by the By-Laws of the Association.
17. LIENS. With the exception of liens which may result
from the construction of the Condominium, no liens of any nature
may be created subsequent to the recording of this Declaration
against the condominium property as a whole (as distinguished from
individual units) except with the unanimous consent of the unit
owners.
17.1 Consent of Unit Owners. Unless a unit owner has
expressly requested or consented to work being performed or
materials being furnished to his uni~, such labor or materials may
not be the basis for the filing of a lien against the unit. No
labor performed or materials furnished to the common elements
shall be the basis for a lien thereon unless such labor performed
or materials furnished was authorized by the Association, in which
event the same might be the basis for the filing of a lien against
all condominium parcels in the proportions for which the owners
thereof are liable for common expenses.
17.2 Partial Release of Lien. In the event a lien
against two or more condominium parcels becomes effective, each
awner thereof may relieve his condominium parcel of the lien py
paying the proportionate amount attributable to his condominium
parcel. Upon such payment, it shall be the duty of the lienor to
release the lien of record for such condominium parcel.
18. PROVISIONS GOVERISING THE ALIENATION AND MORTGAGE OF
UNITS. In order to maintain a community of congenial residents
who are financially responsible and to protect the value of the
units, the transfer of units by an awner other than Developer
shall be subject to the following provisions so long as the
Condominium exists and the improvements, in useful condition,
exist upon the Land, which provisions each unit owner covenants
to observe:
18•.l Transfers Subject to Approval.
(a) Sale or Lease. No unit owner may dispose of a unit
or any interest in a unit by sale or lease without approval
of the Association, except to another unit owner.
(b) Gift, Devise or Inheritance. If a unit owner shall
acquire his title by qift, devise or inheritance, the
continuance of his ownership of his unit shall be subject to
the approval of the Association, unless he is already a unit
owner approved by Association or Developer.
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- FEE. KOBLEGARD 8c TEEL. P. A.
AITONNEYS AT LAW ~~~~ P~ ~
POST OFFtGE BOX 1000
FORT PIERC[. FLORIOA 3lI80
Tt~t~MON~= (,03) 4e1•6020
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