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2670 Kelley Parkway - 33-118-23-12-0035 Unit #105
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Condominium Declaration
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Entry Properties
Last modified
8/22/2023 4:46:12 PM
Creation date
3/22/2017 1:53:02 PM
Metadata
Fields
Template:
x Address Old
House Number
2670
Street Name
Kelley
Street Type
Parkway
Address
2670 Kelley Parkway
Document Type
Misc
PIN
3311823120035
Supplemental fields
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Updated
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� <br /> '� ,. I <br /> . � . - <br /> � � � � <br /> i� <br /> provision �overning the following: (i) voting rights; (ii) increases in an annua] Assessment f ' <br /> more than twenty-five percent over the prior year's annual Assessment; (iii)Assessrnent liens, r <br /> priority o Assessment liens; (iv} reductions in reserves for maintenance, repair and replaceme t <br /> of Comm n Elements; (v) responsibility for maintenance and repairs; (vi) reallocation f <br /> interests i the Common Elements or Limited Common Elements, or rights to their use; (v i) <br /> _ redefinitio of any Unit boundaries; {viii) convertibility of Units into`Camrnon Elements er vi e <br /> versa; (ix) expansian or contraction of the Property or the addition, annexation ar withdrawai f <br /> property t or from the Property; (x) hazard or fidelity insurance requirements; (xi) imposition f <br /> . material r strictions on the leasing of Units; (xii) imposition of any restrieti�ns on an Owner s <br /> right to se 1 or transfer his or her Unit; (xiii) restoration or repair of the Property (after a haza d <br /> damage o partial condemnation) in a manner other than that specified in the Governi g <br /> Document ; (xiv) any action to terminate the lega] status of the Condominium after substanti I <br /> desvuctior� or condemnation occurs; or (xv) any provisions that expressly benefit Eligib e <br /> Mortgagee ,or insurers or�uarantors of mortgages. <br /> � <br /> 15. Consent to Certain Actions. Subject to Declarant's rights under Seetion, e <br /> written cor�sent of Eligible Mortgagees representing at leasT sixty-seven percent of the Units.th t <br /> are subjec to first mortgages held by Eligible Mortgagees {based upon one vote per Un�t <br /> financed) hall be required to (i) abandon or terminate the Condominium; (ii) change e <br /> allocations of voting rights,Common Expense obligations or interests in the Common Element ; <br /> (iii) partitibn or subdivide a Unit except as perrttitted by statute; {iv) abandon, partitio , <br /> subdivide, encumber, or sell any Common Elements; or (v) use hazard insurance proceeds f r <br /> other than he repair,replacement or reconstruction of the Praperty, exeept as otherwise provide <br /> by law. � <br /> 15. Consent to Subdivision. No Unit may be partitioned or'subdivided without th <br /> prior writt approvaI of the Owner and Eligible Mortgagee thereof,and the Association. � <br /> t 5.4 No Ri�ht.of First Refusal. The right of an Owner to sell, transfer, or otherwis <br /> convey his r her Unit shall not be subject to any right of first refusal ar similar restrictions. <br /> 15. Prioritv of Lien: Any Person who comes into�ossession of a Unit by foreclosur <br /> of the first' mortgage on a Unit, ar by deed or assignment in lieu of foreclosure of the fir t <br /> mortgage n a Unit, takes the Unit free of any claims for unpaid Assessments or any othe <br /> charges or iens imposed against the Unit by the Association which have accrued against suc <br /> Unit prior o the acquisition of possession of the Unit by said Person; {i) except as provided i <br /> _ � Section 69 and the Act and {ii) except that any unreimbursed Assessments or charges may b <br /> reallocated mong all Units in accordance with their interests in the Common Elements. ' <br /> 15. Prioritv of Taxes and Other Char�es. All taxes, assessrnents and charges whic <br /> may beco e iiens prior to the first mortgage under state law shall relate only to the individua <br /> Units and n t to the Property as a whole. � <br /> � I5. Prioritv for Condemnation Awards. No provision of the Governing Document <br /> shall give a Owner, or any other party, priority over any rights of the Eligible Mortgagee of th <br /> Unit pursua t to its mortgage in the case of a distribution to such Owner of insurance praceeds o <br /> condemnati n awards for losses to or a taking of the Unit and/or the Common Elements. Th <br /> n�trts-wo�a ssz t.t� 35 <br />
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