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2670 Kelley Parkway - 33-118-23-12-0046 Unit #116
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Condominium, declaration
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Last modified
8/22/2023 4:46:18 PM
Creation date
3/23/2017 12:08:20 PM
Metadata
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Template:
x Address Old
House Number
2670
Street Name
Kelley
Street Type
Parkway
Address
2670 Kelley Parkway
Document Type
Misc
PIN
3311823120046
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i _ , . <br /> notice of or claim for the lien is required. The release of the {ien shall not release the Own r . <br /> from persor�ai liability unless agreed to in writing by the Association. <br /> 6.9 Foreciosure of Lien; Remedies. A lien for Assessments may be foreclose <br /> against a U it under the Iaws of the state of Minnesota(i)by action,or(ii) by advertisement in <br /> like mann�r as a mortgage containing a power of sale. The Association, or its authorize <br /> :epresentat�ve, shall have the pewer to bid in at the foreclosur.e sale and to acquire, hold, leas , <br /> mortga�e, �nd convey any Unit sa acquired. The Own�r and any other Person claiming a <br /> interest in the Unit, by the acceptance or assertion of any inte:est in the Unit, grants to t <br /> , Association a power of sale and full authoriry ta accomplish the foreciosure. The Associatio <br /> � shall, in addition to its other remedies, have the right to pursue any other remedy at law or � <br /> equity against the Owner who fails to pay any Assessment.or charge against the Unit. � <br /> 6.10 Lien Prioritv; Foreclosure. A lien for Assessments is prior to all other liens a <br /> encumbrances on a Unit except{i) liens and encumbrances recorded before this Declaration, (i ) <br /> any first mortgage on the Unit, and (iii) liens for real estate taxes and other governmen 1 � <br /> Assessments or charges against the Unit. Notwithstanding the foregoing, if(i) a first mortga e <br /> on a Unit is foreclosed, {ii) the first mortgage was recorded on or after the date of recording f <br /> , this Declaration,and(iii) the Owner of the Unit does not redeem from the foreclosure during t e <br /> � Owner's period of redemption provided by Minnesota Statutes Chapter 580, 581, or 582, th n <br /> ! the holder of the sherifPs certificate of sale from the foreclosure of the first mortgage shall ta e • <br /> title ta th� Unit subject fo a lien in favor of the Assaciation for unpaid Assessments r <br /> instalimen�s thereof]evied pursuant to Sections S15B.3-i 15(a), {e){1) to (3), (�, and (i) of t e <br /> Act which hecame due, without acceleration, during the six months i�nmediately preceding t e <br /> first day following the end of the Owner's geriod of redemption. <br /> 6.1�';1 Real Estate Taxes and Assessments. Real estate taxes, special assessments, a d <br /> other char�es and fees which would norinally be levied against the Common Eiements y <br /> govemmental autt�orities, shall be allocated equally among and levied against the Units, a d <br /> shall be a lien against each Unit in the same manner as a lien for rea( estate taxes and real esta e <br /> special assessments levied against the Unit alone. <br /> 6.12 Voluntarv Convevances: Statement of Assessments. In a voluntary conveyan e � <br /> of a Unit the buyer shall not be personaily liable for any unpaid Assessments and other charg s � <br /> made by the Association against the seller or the selier's Unit prior to the time of conveyance o <br /> � the buyer, unless expressly assumed by the buyer. However, the lien of such Assessments sh 11 <br /> remain against the Unit until released. Any seller or buyer shall be entitled to a statement, n <br /> recordable form, from the Association setting forth the amount of the unpaid Assessme u <br /> against the Unit, including all Assessments payable in the Association's current fiscal ye r, <br /> which stat�ment shali be binding on the Association, the seller,and the buyer. <br /> SECTION 7 <br /> ' RESTRICTIONS ON USE OF PROPERTY <br /> A11 Owners and Occupants, and ail secured parties, by their acceptance or assertion of n <br /> interest inithe Property, or by their occupancy of a Unit, covenant and agree that, in addition o <br /> MPLS-Word 95281.11 1� <br /> � <br /> i <br /> I <br /> —--. 1 <br />
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