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whether the tit2e is acquired by deed or other conveyance
from the mortgayor, his successor or assigns, or through
foreclosure proceedings. ~
(b) A transfer, sale or lease by an Institutional
Mortgagee that so acq~ires its title as set forth in
19.5(a).
(c) When a purchaser acquires title to a unit at a duly
advertised public sale with open bidding provided by law,
such as, but ~ot limited to, execution sale, foreclosure
sale, jud~cial sale or tax sale.
(d) The sale, lease or sublease of any unit to or by
Developer.
(e) Any lease or sublease by the ow~~er of a unit to a
party approved by Developer or made through the auspices of
Develop~r.
19.6 Unauthorized Transactions. Any sale, mortgage
or lease not authorized pursuant to the terms of this Declaration
shall be void unless subsequently expressly approved by the
Association. -
. .
2G. USE AND OCCUPANCY RESTRICTIONS. The use of the condo-
minium property shall be in accordance with the following provi-
sions as long as the Condomin-ium exists: ~
20.1 Units. Each unit shall be occupied and used by
a family, its servants and guests, as a single-family residence
and for no other purpose. Except as reserved to Deve2oper, no
unit shall be divided or subdivicied into smaller units nor any
portion so2d or otherwise transferred. Whenever any unit is owned
or leased by a corporation, partnership, or trust, or other entity
(other than Develope r),. the respective agents of the afore-
mentioned entities, i.e., president or chief executive officer,
partner, or trustee, shala designate at closing or upon execution
of the lease, as the case may be, one partic~lar family which
shall be entitled to'use the unit. Only the designated family,
its servants and guests may use the unit. In the event the entity
owning the unit wishes to designate another family as the family
entitled to use the unit, the Board of Directors of the
Association must approve the occupancy of the unit by the new
famzly in the same manner as if the unit was sold or transferred
to tne new family, and the provisions of Paragraoh 19 shall govern
the action taken by the Rssociation. The family designated by the
corporation, partnership, trust or other entity as the family
which shall occupy- the unit shall execute a written covenant by
the adult members of the family entitled to use said unit in favor
of the Association whereby the members of the family occupying the
unit agree to comply with the terms and provisions of the
Declaration of Condominium and exhibits attached hezeto, and the
rules and regulations which may be promulgated from time to time
by the Association. The written covenant shall contain an
acknowledgment that the use of the unit or units by the family
shall continue only so long as the aforementioned entity shall
continue to be a member of the Association or lessee of such a
merrber. Upon demand by the Association to any of the
aforementioned unit owners to remove any party given permission to
use a unit owned by the corporation, partnership, trust or other
entity for a failure of such party using the unit(s) to comply
with the terms and conditions of this Declaration and the rules
and regulations of the Association, the aforementioned unit owner
shall forthwith cause such party occupying the unit(s) to be
DC _ 18
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~;P 346 P~~E 1115 :