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HomeMy WebLinkAbout0960 t . . _ _ _ _ - - - - againet unit ownera for damage to property ehall be in proportion to the cost of reconetruction and repair of their respective properties. Such assesements oc~ account of damage to commo~ elements shall be in proportion to the owner's share in the common elements. 8.9 Deductible Provisione. The funda necessary to cover any deduct e amount un er an inaurance policy againat which a claim is made shall be a common expense. . 9. ~fINENT DOMAIN. The taking of a portion of a unit or of the common e ements y eminent domain shall be deemed to be a casualty, and the awards for auch taking shall be deemed to be proceeds from insurance on account of the casualty, and shall be depo8lted with the InBUrance Truetee. ~en though the ~ awards may be payable to the unit owners, the unit oWaers shall deposit the awards ~i.th the Insurance Truetee; and, i~ the event of failure to do ao, in the discretion of the Board of Directors of the Association, a apecial assessment shall be ~ made againet a defaulting unit owner in the amount of his ' award, or the amount of such award shall be set off against the sums hereafter made payable to euch oWner. The proceeds of the awards shall be distributed or used in the manner heretofore provided for insurance proceeds. 10. USE RESTRICTIONS. The use of the property of the condominium s 8 e n accordance With the following provisions: 10.1 Units. Each of the units shall be used only for the cultivat o of citrua crops and for no other~purposes. No unit may be divided or subdivided into a smaller unit nor any portion thereof otherwise altered without.first amending this Declaration to show the changes in the units to be affected thereby. 10.2 Common Elemente. The common elements shall be used only for the purposes or which they are intended in the furnishing of services and facilities for the servicing, maintenance and operation of the units. 11. TRANSFERS SUBJECT TO APPROVAI.. ~ a. Sale.~ No unit owner may dispose of a unit or any interest t~Fierein by sale to any person other than another unit owner without approval of all unit owners of record. b. Lease. No unit-owner may dispose of a unit or any interest tTierein by lease without approval of.all unit owners of record. c. Gift. If any unit owner shall acquire his title by gift, tT-ie continuance of his ownership of his unit shall be subject to the approval of all unit owners of record. d. Mort a e. No unit owner may mortgage a unit > or any interest t ere n~ithout approval of all unit ` owners of record. - ~ t e. Devise or-Inheritance. If any unit owner ` acquires his t t e y any manner not heretofore considered in the foregoing subsections, the continuance of his ' ownership of his unit shall be sub~ect to the appproval of ~ all unit owners of record. . ~ r - 7 - B[?OK JSO PA~E J~O ~ JOROEN, MEIROSE 6 SCHUETTE, P.A,NINTH FLOOR, 1401 BRICKELL AVENUE. MIAM1, FLORIOA 33131 • TEIEPHONE (305) 373-7571