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HomeMy WebLinkAbout2292DECLARATION OF CONDOMINIUM OF OCEAN TOWERS CONDOMINIUM B ST. LUCIE COUNTY, FLORIDA This Declaration of Condominium made this 30th day of Januarvr , 19 81, by OCEAN TOWERS DEVELOPMENT CORPORATION, a Florida Corporation, hereinafter called the "Developer", for itself, its successors, grantees and assigns. WHEREIN, the Developer makes the following declarations: 1. PURPOSE The purpose of this Declaration is to submit the lands described in this instrument and improvements on such lands to the condominium fotm of ownership and use in the manner provided by Chapter 718, Florida Statutes, 1977, hereinafter called the Condominium Act; and the Developer does hereby submit the condomin- ium property to condominium ownership. 2. NAME AND ADDRESS The name by which this condominium is to be identified is OCEAN TOWERS CONDOMINIUM B, and its mailing address is 10044 South State Road AlA, Jensen Beach, Florida 33457, hereinafter called "The Condominium". 3. THE LAND 3.1 Description. The lands owned by Developer,.which. by this instrument are submitted to the condominium forms of owner- ship, are located in St. Lucie County, F'lorida, more particularly described in Exhibit "A-1", which is attached hereto and made a part hereof. ~ - - 3.2 Title Exceptions. (a) Construction loan mortgage to Mellon Bank, N.A., dated August 29 , 1979 securing $6,889.700.00, and filed for record in the Office bf the Clerk of the Circuit Court in and for St. Lucie County, Florida, in Official Records Book 315 , Page 1615 . i, ~ (b) Purchase Money mortgage to PROPERTIES, INC., a Florida Corporation, dated 1979, encumbering Exhibit "A-1" lands, securin~ filed for record in the Office of the Clerk of and for St. Lucie County, F'lorida, in Official ; page 1595 . 4. OEFINITIONS ERSRINE FLORIDA Auqust 7 , g $ 1,580,000.00, and the Circuit Court in Records Book 315 The terms used in this Declaration and on its Exhibits, and in all amendments thereto, shall have the meaning$ stated in the Condominium Act (Section 718.103, Florida Statutes, 1977) and as follows unless the context otherwise requires: ~ 4.1 A~artment means unit as defined by the Condominium Act.' ' 4.2 Apartment Owner means unit owner, as defined by the Condomin i um Ac t. 6~~K348 ~~~~E2~?90 4 A ~~ ~ ~~.n ~~: ~T" .; ...~.C. ~._ .. ..... ._.. ~ ...~.~. . . .