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Declarltlon of CONDOMINIUM ASSOCJA'Itl'N-

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.a o 1qLL IIIIIII!IIIIIIJUIIIUIIIIIIIIIIIIIIIIIIIIIIIUUIIIIII M Recaded in ORB ~ Page~ Oflk:lal Recorda d Pllm Beach COIJIIY, Florida: . • '

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As Ulld hlreln (lriell . . . . .ly~ 811 foblnlllhll epply: A. ·~ In 811

taxt lllliellaftl 1111" ...,. oMth hyphenS ildlclll dellllonS from lhe

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Article XI of;~ Dedaratio• of COIIdomiaiam ali*d "PROVISIONS RELATJ~::f_.,q:y-,SALE OR RENTAL OR OTHER ALIENATION OR MORTGAGift}iOF CONDOMINIUM UNITS B. MORTGAGE AND • OTltER ALIEN~!J9N OF UNITS " is amended as follows:

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2. ~ Ahr, judfCijil)a!j" of a unit,-IIBf Qt any intete.St therein, lbmll&h fnree!QS!!re or other iudj01}fprpcess. sllall lie wlid unless! ~IlK: sale ~ • and purchaSer mnv stm bet~ved by the Association or Management Finn, which approval shall be in '~ble fonn, executed by two Officers of the Association or Management Finn, ancl.klivcred to the purchaser. er;(b}i:fle sale is a tesull efa pu&lie siter~~~ hidditlg. • ·..._··-,, ( (\:i)

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Sale,~~~-

• 6. Special ProWions re . _._ -.zing. ar Other Alienation by ccrtam Mortgagees and ~oper, an~.~FQ!ent Finn: •. (a) • An Tnstttutional First"M9J't~l,holding a mortgage on a Condomtmum ~·or the Management F'~lhe~ Ulldet the Long.Tenn Lease, u~n ~mg tho owner of a CoJido~c~rcel tbrciuah foreclosure, or by Deed tn heu of foreclosure, or whomsoever ~~me the acquircr of title at ·the foreclosure sale of an Institutional First Morsas~'¢-thc Hen for common

expenses, or the lien under the Long·Tenn Lease,, ailillii!V.oelhe UJWIIIfllilied fielit Ia ~ sell, lease or otherwise transfer said unit, i~ the fee ownership

thereof, and/or-te mortgage said parcel, or QCCUDY said D4ltet{ \villtallt J!fier etrer le

tM BellRl ef Qireetef9 ef !he ,&,sseeiatieR er 'Meflagemeiii'FiRI,~ aHd without the prior~ approval of the said Boar4 of Directors or ~_i~nt Finn. The provisions of Section A. and B., No.l-5, of this Article ~l,..sl:illl:~ inat~pliaellle

mm.l:£ to such Institutional First Mortgagee, or the Manageriltrlt!£i¢v.'P!' the Lessor ~mder the Long.1cnn Lease, or acquirer 'of title, as af~~ in thiJ paragraph, '<:::o~-:;-C.--->

~td9&id. ~'e1911er .~ iMM_aal!ly MIIII&JJered IS sell; leeee, l'fllll aM'er IMflgage and petti8118 thereat; te any purehaser, le!!lee er · me~ Bllllre ''"' ~ II; &Rd lite '9evei&Jier shall hrJe the fight te !l'aftsaet BRY ~~"~ l!eeesSI!fY !e .88II9HIIIIIl8le sales er relllals ef 11Ril9; er 118f!iells thereef,

_8R8MtRRIRI pareew ~ 8ftlts,

li!Biti&!Hg hut Ref lt!!ufed fe the fight IS Nintein medels, hiM sig119; use !he ee~~ elemeRtB, a!!d te shew 1111its. +he sales elfiee(t), sigRS, and all items f!elt&llllflg IS &ales sllall lief lie eeRsidered ee!llllleR el8111ellt9, eRd sllall A!l!l&ill the

Jlf811ef!Y efthe IJeYelepl!t'. . (e) 1ft Ike Milt lllere IIRI 11Rsald p&I'Bel!; the Qewie11er fl!lliM !he R~ht te he the ew11er ef &aid liR98ld )!8Rlelsllllder the same 1er1m ll!ld eelldilieRs es s.ll fl~ J!IRl~l e·»Rers iR said Cettdeminium, he·-. said {>e¥el&Jier, fer !llleh lime 8911 88RI!RUI!S le lie 8 ,_! S'»ReF, hut 1181 e!leeediRg twelrJe (12) me11ths after !he dele ef !he fili~~g ef !his 9eeleratien, l'o'vill eRI) lie requi!M te ee~~trillute ..ueh -~ te !he e9111meR e!q!enses eflhe CeRdemiRiuRI, iR additie11 IS lite tetal meRihly eemme11 .8!11!"":98_ asse911A!~I9 ~d lly all ether J!llreel 8'»1'181'9 89 may lie req~~irefl ffir ~e '7'see~aMR IS ~a!Ria!ll the CelldemiHiHIR, alld fulfill its e'llligatieHs, as llffi'r'!ded Ill thiS

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Alld h!!hilli!!i AIIAehetl heM!A. hnl iR RA e·-t !lioAIJ the

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