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Feb 27 09 01 :24p

Chrissy & Sam Piazza

561-852-7383

p.2

SCUaUIThn

'A" TC

BY-LAWS

RULES AND REGULAflONS FOR PEMBRIDGE a The cevalks, entrances, and like portions of the Co.ion not be obstrurtea nor used for any Clements purpose other than for tng.ross and egress to and fran the Cor.dominium Property, nor shall any carts, bicycles, carriages, chairs4 tables or any other similar objects be stoxed therein.
shaLl

I.

2. The personal property of respective Units or in storage areas.

Unit Owners must be

stored in

their

3. No garbngc, cans, supplies, milk bottles or other articles piaced on the bolconiss or other Common shall be Elonenta. So linens, cloths, clothing, Curtains, rugs, nops or laundry of any kind, or other or hung fro,r any at the windows, articles, shall be shaken
portions of the Condorizi..,,
4.

Property.

doors,

fences, balconies,

terraces or other

shall permit Condanjniia, Property, nor sweep anything to fall from a window or door of or the dirt or ether substance into any of the throw from or Condominium Property any balconies upon the Caen Elements. 5. All refuse must be deposited with all other refuse in areas designated for such purpose by the Developer. 6. Parking areas are nobly icr
No

the

Unit Owner

current passenger vehicle registration
7. fleployces of for personal errands,

nen—corseerejal

automobiles

with

a

the Association are not to be sent out by Unit Owners The floard of Directors shall be solely responsible for directing and supervising employees of the Association.
8. No vehicle Condoninjijo, Proporty

operate on own power shall remain on the for nare than twenty—four (24) hours, and 110 repair vohirles shall ho nade on the Condo,njnj,ja of Property.
9. No Unit Owner shall make or permit any disturbing noises in by himself or his family, his Unit nor permit any conduct by servants, espboyees, agents, visitors Or licensees, such persons that will, interfere with the rights, canforts or conveniences of other

wh eb rantLot

its

permit to be played any nusicfl Unit Owners. No Unit Owner shall play or instrument, operated a phonograph, tolevision, radio or scundnor operate or permit to be ampUfier in his Unit in such a manner as to disturbo or annoy other residents, No Unit Owner shall Conduct, nor permit to iso conducted, vocal or instrumental instruction at any time which disturbs other residents.
10. So radio or television installation say be permitted in which interferes with the any Unit television or radio reception of enother Unit. 11, No sign, edvertisenent notice or other lettering shall be displayed, exhibited, inscribed, painted or affixed in, on or upon Condominium Property, except signs used or approved by any part of thu the Developer. Additionally, no awninci, canopy, or other projoctior, shall be attached to or placed upon the

Elements.

outside wallo or roof of the Suilding or on the (osnon

thuttnr

provide the Association with an additional key.
13.

12. The Association may retain a shall alter any lock nor install a nea' pass key to all Units. So Unit Owner of the Board of Directors Where snob lock without the prior written consent consent
is

given,

the Unit Owner shsll

ii-. designated ereas. flansable, Combustible or explosive fluids, chemicals substances shall be kept in any Unit or on the or Common Elements, except for use in barbecuing.

larbecuing shall
No

ho

permitted onJy

14.

Feb 27 09 01 :24p

Chrissy & Sam Piazza

561-852-7383

p.3

prepare his

who Unit prior to individual to care for his furnishing the Association firm or individual shall be
16.

15.

A

CaSt Owner

pinss to be absent during the hurricane season must his departure by designating a responsible firm or Unit should the Unit suffer hurricane damage and with the name(s) of such firm or individual. fec], subject t0 the approval of the Association.
,

designatec) areas.

Food and

beverages

may

riot

be

consumed outside

of a Unit except

in

17. A Unit Cwner shall not cause anything to be affixed or attached to, hang, displayed or place on the exterior walls doors, balconies or windows of the Building. Curtains and &apes or linings thereof) which face on exterior windows or glass doors of Units be subject to disapproval by the in which case they shall be renoved and replaced with acceptable items. Soard,
•

shall

16. No of a temporary character, nor mobile hone or recreational vehicle, shall be permitted on the Condominjusi Property at any time or used on the Condominiun Prooorty at any tire as a residence either temporarily or permanently. No gas gas container or gas cylinder shall be permitted, exoept small containerstank, for use in gas barbecues.

structure

trailer, tent,

Ho oil drilling, oil development operations, of any kind be permitted, en, upon Condominium Property, nor shall wells, tanks, tunnels, mineral or be permitted Upon or in the Condominium Property. No

19.

or in the oil excavations shafts derrick or other structure designed for use in boring for oil, natural shall he erected, saintaised or permitted upcn any portion of gas or stinerals

or mining operations

shall

oil refining, quarrying

Property.
20.

the Condoninitmi

homes, notorhonos, trailers oc trailers of every other description, recreational vehicles, boats or boat trailers or vans shall be permitted to be parked or to be stored Sc any place on the Condcnsi,ime Property, This prohibition of parking

Ha

house

trucks or commercial vehicles, oanpera, mobile

pick—up, dolivery and other temporary Developer's vehicles.

shall not apply to tenporary parking- of trucks and corrnercial. vehicles, such as for commercial services, nor to any of the

21. The requirements Iron tine to tine of any governmental agenoy for disposal or collection shall be complied with. All oquinnent for the storage or disposal of such material shall he Icopt in a clean and sanitary condition.

No air—conditioning units may be installed by Unit Owners. No Unit havo any aluminum foil placed in any window or glass door or any reflective substance placed on any glass.
22.

shall

23. No exterior nntonnae shall be permitted on Improvements thereon provided that Developer shall the Condominium Property have the right to install end nsttain corrunity antenr.ao and radio and television lines and other
or

temporary cornunications systems.

24. No chain link fences shall be permitted on or any portion thereof, except during construction by the Condominium Property Developer,2S. Children shall be the direct their guardians, including full supervision responsibility ofwithin parents or legal of them the Condominium Pcoperty and including lull corpliance by then ofwhile All children nndn- ourtoen (l'I) years of age these rubs and regulations. mutt -ho accompanied by a responsible adult when enter Ing and/or utilizing the flecreation Area or other coxsoaiy used
facilities. Ago of Residents; Services and Facilities. Subject to all local ordinances, as they nay be amended from time to tine, at least one person over thn ege of fiity—five (55) years of age oust be a penearent occupant of each Unit, whenever any person occupies said Unit.
26.

occupy arid Unit as long as at least one of the occupants is over the age of fifty—five (55) years. No person under the age of eighteen (18] may be a ponuanent occupant of any Unit, except that persons under the age of eighteea tie) may So permitted to vinit and temporarily reside for periods not to exceed

fifty-five
reside
in

(55)

years and

more than

eighteen

a

(12)

years of age

Persons under the age
may

of

Feb 27 09 01 :24p

Chrissy & Sam Piazza

561-852-7383

p.4

in total in any calendar is transferred by inheritance, theyear, Notwithstanding the above if said Unit being over the age of fifty—five requirement as to one occupant of (55) years is waived as to occupancy by the heirs so long as no permanent occupant is under the age of- eighteen (18) years and further so
a

thirty

Unit

(30) days

fifty—five shall be the responsibility c± the Beard of Directors of 55 the ?.asociation to determine whether eighty (80t) percent of the Units in the Condominium are occipied by at least one person who is over the age of fifty—five 55) years. Sebect to the of locorporation and By-Laws of the terms of this Declaration, the Articles Association the Board shall have the authority to make any additional capital lziiprovenents upon the csnon prcpertios necessary to provide facilities or services specifically designed to meet the requirements of the Fair Sousing Yunendmonts Act of 1988. 27. No animals Cr pets of any kind in any Unit or on the Condomj,niu, Property,
years. it
-

ft

the Condoniniun are occupied

long

as at least
by

eighty

(Cot)

one person over the age of

percent of all of the Unite

No Unit Owner shall install a screen enclosure to Cr upon the outside walls of the Building or on the Conicon Blemeuts or Limited Coneon Clanents without the prior consent of the Board of Directors.
29. No sign, advertisement notice, lettering or descriptive design be posted, displayed, shall inscribed or affixed to the exterior of a Unit. No 'FOB SALE' or "FOR RENT" or similar signs or notices of any kind shall be displayed or placed upon any part of a Unit by Unit Owners other than the Developer and the Association.

28.

30. Every Owner and occupant shall conri)y with these Rules and Regulations as set forth herean, arid any Iron time to time nay be adopted, and theand all rules and regulations Which provisions of the Declaration and By—Laws as amended from time Failure licensee or invitee to so comply to time, grounds of an Owner or occupant, shall be without iisiitation, an action to recover coins for action Which nay include, due relief, or any combination thereof. The Association for damages, injunctive shall have the right to suspend the use of thc Beorcation Area, lit the event of failure to so comply. In addition to all other remedies, in the discretion Oireotors of the Association, a fine or fines sole be imposed of the Dnerd of may upon an Owner for failure of an Owner, his family, guests, licensees, invitees or csployees, to comply with any covenant, restriction, rule or regulation herein or in the Declaration, or Sy—Laws, provided the following procedures are adhered to, (a) Notice, The Association shall notify the Owner occupant if applicable, his licensee or invitee of the orinfraction and infractions Included in the notice shall be e date and tine or of the next Sonrd of Directors meeting at Which time the Owner or occupant sha).l present reason why penalties should not be isposed, At such rreetjng, the Owner or entitled to be rerronented by counsel (at occupa shall be his cicpense) and cross—examine any present witnesses and other testimony or evidence.
Cb)

The flofl—conplja,ice presented to the Board of Directors after which the shall heof Board Directors shall hear reasons why penalties sitould not be imposed. Fcrmal rules of evidence shall not apply. A written decision of the Board of flirectors shall be suixuitted to the Owner ur uccupant by not later titan twenty—one (21) days after the Board of Directors' meeting.

Cc)

Penalties:

violation,
td)

excess of

rifty Dollars

The Board

of Directors nay impose a fine not in ($50.00) for each non—ce,npliance or each

thirty (30) penalties.

of Penalties Pines shall be paid not days after notice of the Imposition later than or levy of the
No

tel

Collection of Fines,

fine shall become

a

lien &gnanzt

a

Feb 27 09 01 :25p

Chrissy & Sam Piazza

561-852-7383

p.S

Unit. flowecr, ti-je Board may take such other affirnative and appropriate action as iray be necessary to effect collection of fines.
Ct)

shail be allocated as directed Pill monies received ison fines by the Board of Directors. gJ Nor2—Excloflvcpe,. These fines shall not be construed to be exclusive and shall exist in addition rerredies to which the Association say to an other rights and be otherwise legally entitled; hojever, any penalty paid by be deducted Iron or offset against the offending Owner shall diusages Association nay othenriso be entitled any recover bywhich the to law tress such
Owner.

31. these Pules and Seno.latjor,s shall agents or employees and contractors, or to not apply to the Developer, nor its to the Units owned by either the Developer :nstitutienal First Jiortgagees. nor or such Mnrtgagees. All of these Rules and Regulations shall apply however, to occupants, and, if applicable, their licensees all other Unit Owners and or inviteos even if not Specifically so stated n portions hereof. permitted (but not required) to grant relief The Beard of Directors shall be to one specific Rules and Reculotions upon written request or more Unit Owners free therefor and good cause shown in the sole opinion of the Beard,

FAX TO ANY EMAIL ADDRESS
1. 2.

3.

Enter email address(es) below When hand printing, copy characters EXACTLY as below Fax ONLY to your dedicated MongoFAX number below

MLIS

V13

mr
•

I

II

Underline all boxes that contain numbers

.

From: (Identifies Sender, Enables Replies, Provides Confirmation, Tracking Number & Exact Replica Archive Copy to Email)

.

Subject:

Pembr

dye

B

IiEI flM

•

Notes:

&
Oc1c
/adea

Ri —Eftd of )lc
1

MongoNet 'snot responsible for any losses or liabilities arising from the use of this product. Dy using this product, you acknowledge and agree to the Terms of Service posted at www.MongoNet.net. Protected by U.S. Patents Nos. 6,424,426; 1,019,215; 1,164,488; U.S. and international patents pending. © 2000-2001 MongoNet, Inc. All rights reserved.

MongoNet Customer Service: support@mongonet.net -or-

(866)482-2229

Powered by MongoNet

Fax Only to:Your MongoFAX Number

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Feb 27 09 01 :28p

Chrissy & Sam Piazza

561-852-7383

p.2

rons:,syry rAcllxrzrs mwzs
MCD Ri;

TFE

uucts or

nnzs
7trr:

bALM cLUngiMjsE
1.

9O0

a.n,

—

11:00

p.m. daily

No Guests under the age of 18 years are permitted in the Clubhouse.

PC0LS
2.

Winter

flours,

Wctober — May)
Just
-

Susuter Sours:

Septerter

10:O0 z.s — 6:00 p.m. 10:00 a.n. 6:00 p.m.

GuestS under tho ego of 18 are permittad to nec the outdoor pco1s when acccsspanied by a resident—owner between the hours of 900 aaa. — llO0 r.r. or 3OO p.m. — 6:Oo p.m.
AlA)

RESFOhS;erLItlts CF RESIPLtrS
1.

THEIR GUESTS

Is order to insure resident owners enjoywent of eli Conseunity using the Csernnity ?ecllitiom slieSt conduct themselves in a 000rtenus canner with due regard for the tights of others to use and enjoy the faciirties.

Facilities, elI persons
2.
3.

The nunisor of persons using any or of the Pecreationa at a given time may be JLsited ac nee0od by the

all

Clubhouse

Facilities tirector,

Fecresuosa: facilities arc only for the use of the Lakes ut Deiray residents and their guests. The Consumity Hecilities shall not he used
by any group, association, society, party afiflinticn, club or like; far cmv religious,

any purpone, without the espress

political, civic, charitable, fraternal, social or
written consent of the Clubhouse no, reason.

Siroctor,
4.

which consent may be witbhcld for any, or

All

persons using the Community racilition will follow the instructions and decisions of the Clubhouse Director or nnsders of the Clubhouse Director'5 staff regarding the Soc of the facilities and priority and length of time of use of the facilities.

.

rules and regulations may be posted by the Clubhouse Dlractcr in specific areas as needed from time to time. All resider.ts and theIr guasts till be responsible for rending and abiding by
Supplemental
Rules ar.d facility, them.

resatlations that are posted in any pncticuiar area, ro or will control the use thereof and shall be deemed nupplomeotal to the Rules at-id Pegulations herein enumerated.
8.

instructions, directions or reqeesty received a Security Oflicr.r wil] be complied with by all persons using fron Cotninualty the FaciUtses, or ho subject to removal by demand.
Any

7.

attire is pen,issibao until 6:00 p.m., but all persons are required to wear shoes and a shirt or other coveriny garment over their bathinc rusts while in the Clubhouse.
Casual

a.

9

.

cnly at prescribed tInes. Lessees and Guests nay only use them when they are not specifically restricted for use by residents. No signs of anr tart nay be erected or ported upon the Conmunity Facilities nor say any advertising leaflets, papers, or written matter t,e Ci::tributoa .4U:in tho Corenonrty !acilstles without the express written consent of the Clubhouse tirerts,r.
residents

shffbebo-a

Courts and Tennis courts

viii.

be restrictod for use by

RLSltEt;tSJCwsrj& 1.11. CARpS

Proof

the face the curd. Ownership is not the only rriteria for reroiviag l1tsident of La. cards i.e. if a scm or daughter owns a Omit, a occupies it, then. the parent viii receive a Residc.nt but parent the 1.0. children will be guests of their parents when they cone to card and vioir.

of ownership, 4copy of deed), and personal i.dentil'icatjon, (driver's license, credit card) must he submItted in order 1,8. Cards. l.D.s for owners will bear the Letter 5n" on to obtaIn

Exulalt

V

St

ncJuityn

I'VR

005Th

Feb 27 09 01 :28p

Chrissy & Sam Piazza

561-852-7383

p.3

LFSSSE LD.

CARPS
a

executed personal identificatior in order to lease or rental agreement with required tc pay Ten Dollars ($10.00) obtain to. cards. Lessees are for Doflars $5.30) of the Leo is refundable each i.e. card issued. Five upon the surrender of each 1.0. card and receipt. No refunds will be the expirstion date of the lease. 1.0.15 given beyond one month of for lessees will bear the Letter "L on the face of the with Lessee cards cannot bc issued care leases the expiration time of lease. for or rental agreelnents less than ohs05 (j) oontha Owners must surrender rental periods or lessee cards will not be'P cards during the term of issued. ..R" cards will be held until lease or rental agreement sod "I" cerds are surrend d All requests for Lessee cards must be approved by the Directors of the Condcoiniu Asrocjatiui: which the Unit is
it: being based and must be approved by the Nanecement Cespojiy, TIlE uSE OF Th FACILITIES AT TEE LAJS OP DELBAY Is LIalmo ONLY TO THOSE PERSONS WHOSE PAMES APPEAR ON TEE

Lessees must submit

duly

LEASE,

ItESALE tL'YER's 1.0.

CARDS

be

buyers cannot be issued I. 0. cards until the surrenders i.o. card or cards to the Clubhouse former owner (seller) requests for now resident S.D. cards must be Oirector's office, till approved by the Directors of the Con4onjniu Association in which the Unit
New
approved by 1±c

Nesagenent
I

is being

Company.

sold

and

must
-

lOST OP DANAGED RESIDENT OR LESSEE
Repiacea:ent

.0.

cmos

fee

ten Dollars ($10.00)
Monday
-

LOcATION AND HOURS FOR 1.0. Camps

a.n.

5.0.

cards will be issued in the Clubhouse, he Nooi, and 1:00
p.r. to 4:30 p.m.

through Friday, 9:00

N0TE

1.0. Carda will not be xnailed Owners must reclaim cards in porson. Do not alter cards in coy way. Information on face of card must be complete. Altered cards will not be honored The Cubhpuse Director tins the right he suspend Clubhouse or other recreational ftilities privileges when use of sard or ocher facilities are abused.

GUEfl 1.0. CARDS MJD PASSES

Quest 1.D. cards vill be issued Monday through Fridav 9:00 u.s. to Noes,, end -1:00 p.n. to 4:30 p.s. at the Clubhouse at a charge of Five Ilars ($5.00) per Guest Cern. Goest i,n. cards will be honored for the length ci stay, not to exceed (30) days, GUtSTS wishing to view the Clubhouse, may do no during the DAY ONLY and nay obtain a 'VISITORs PASS' from the Sales Offite when accompanied by a resident. Visitors Fassos are ret valid at the Clubh005e or for use of any facility after 6:00 p.s. Guests under the ago of 18 trill not be issued any fern of 1.0. card or pass.

certificates will be honored. Personal and Proof of Permanent Residence must also be carried, Say guest nisusing the Crmunity Pecrentisnal Facilities will be denied admittance for the remainder of his stay.

persons 38 years of sge or elder must carry and show prcof of age. Only drivers liccnses, voter's registrations, or birth
All

EXHIBIT

C

TO AGREEJ.SNT' FOR DEED

Feb 27 09 01 :28p

Chrissy & Sam Piazza

561-852-7383

p.4

PL]BBGE

AGSEmprj'

the day of —- -__________ ______ herenafter referred to as 'Unat Owner, to Lancer homes, Inc., a Florida corporatic,,, hereinafter referred to as 'fledgee.
by
U

9,

TILtS

Plstm

AGREEJrw'r CXecuted on

I P

N E S S E T Hz

Wl(EREAS, PEMERIDGE B CONDOEIIJIUM ASSOCATIbN INC. a corporation net fc,r profit, Florida hereinafter referred to as Assocjatjcn bean organized and formed for has the purposo of adinini storing and conducting the of Pembridge
•

affairs

D Condomjnfu0 (the 'Condornjni) according to Declaration of Condominium, and Cntt Owner will become a nemher of the

its

execution of this Pledge A5reenent end

Association

upon

the

on the day of _________ , Pledgec,. as Seller, and Associatio, as Purchaser, entered into en Agreement fez hereinafter referred to as the Deed, 'Agreement", said Agreement being the recorded on day oE IP , in P.R. Book at Page _________ of the Public Records of broward County, Florida; and
.

—

19,

uiznrAs, etc property convcye under the property and rocreattenal facilities constructed Agreement consists of reel or to be constructed thereon which are to be for the rlor.—exclusfve use and enjoyment of the and all ssocietion members and all other Lakes of Delrey Development, (the Unit Owners, residents and guests in the "Recreation Area'); and WBspn, the purchase price payable under the Agreement, together with the taxer assessments insurance, maintenance, management, capitol reserves, and other Recreation Ares expenses, axe a Common Eapor,so of the a

is

share of Which the Unit Owner is obligated to pay; and
WHEREAS,

Condomthi,

pursuant to the terms of the Agrcenent and the Declaration of the Association has agreed vith the Pledgee to obtain from Unit Owner, a pledge of the the Unit Owner's interest ia him Cendominitize Unit in favor of the Pledgee in order to secure the Association's obligations the said Agreement and to under secure the Limit Owner's obligatio, as a snether of the Association to pay his share of the Coronon Expenses of which the purchase price, taxes, assossnents, insurance, management, capital reserves, capital expenditures, and other maintenance, Recreetton t.ree expcr.scs, under the Agreement is a part thereof; and Cotdoninjns
WhEREAS, pursuant the terms of the Declaration of Condominium, the unit Owner is nlso required to pay as a Cogs.on Expense his allocable share of the cost of operation, neintenence, and replacement of ether designed for the ceimmon use of residents of Lakes of Polity, and facilities him interest in the Condominium to pledge Unit to secure sane; and

WmPEas,
ciation, arch facilities;
NOW,

the unit Owner is desirous or becoming of usino and enjoying the Becreation Area
in
consjdarmtien

a

masher of the Assoend such other

cma

and

of the rz,itz;eT herern, the benefits of the oaxc accruing each to the covenants contained other, and ether good vahushle considerations Sc 5 mutually agroed ac follows:
1. 2.

TIEREFOPE,

That the foregoing

recitals are true end correct.

and in order to securo the Unit Owner's obligation t0 pay hie Ccrrson Expenses of the Condominium,, a part of which is his shore of the purchase price, ta,:os, insurance, maintenance, sanegemsenu, capital capital exnenchfturom, and other Recreation Area expenses,reserves, as mere Particulerly set forth in the Agreement end a Promissory Note from

order to secure the faithful performance obligations to the Pledgee heren under the of the Association's Agreement,

EXHIBIT E
1

Feb 27 09 01 :29p

Chrissy & Sam Piazza

561-852-7383

p.S

residents of Lakes of Deiray, the Unit Camer does hereby grant, sell, bargain, lion, resise, release, convey, and nonfirn unto the Pledgee, the fOllowijg described property, lying end being is Bloward County, Florida, of which
pledge,

Unlt Owner to Plocloec f CVOI1 date the Unit Owner's obligation under herewith, mid in order to secure it5 Declaration of pay his Cosnol, Erponops a Condonindum to !.iocabie towards the operation maintenance and renlacenant of other foci iitios designed for the use of common

now

seized and

possessed,

to—wjt

said Unit

Owner

is

No

Cordosiinj0 Unit No. of Pembrjdc,e the Declaration of Ooi:denjni.

—
in

TO

appurtenances

the Public Necords of Brovard County, Hal/f AND PD HOLD the sane

l.hereof, recorded under Clerk's File O.R. Book,

Cor,donjni according

to

Florida,
tenements

____

at Page ______

unto the

With

the

said Pledgee,

and
-

'The foregoing securit" is is addition to the obligwtjon of the Unit Owner to make Poynent of his Corner. Expenses as provided for under the teciaratior, of Condomjni, of the condosisijum and is deemed to be by way of additional security for the fell and Ownor and ciation of the Agreement faithful performance by the unit and said Declaration

with the Pledge0 salted of the aforedescriberl that the Unit Owner is said Unit Owner does hereby fullyCondonjsh Unit in fee warrant the title to the said Condominium Unit and of all persons whatsoever will defend the sane against the lawful claims
indefeasibly
sisple; that

The Unit Owner cevenants

The Unit Owner

further covenants ar.d agraes ía) to pay all and singular the tames, asoesonents, liabilities oblinations and encumbrances of levies, every nature. including fl550ssment by the Association its successors and assigns. on said Condomiiiwit Unit oforedoscbjbOd, and if the sane he not promptly paid, the ay the name without waiving said fledgee may, at any tine, or effecting the option to foreclose, or any rights shall boar interest fromhereunder, and every payment so made eighteen (lCty percent per the date thereof at the rate of ennun; and f-tincipaj ar,d interest payments upon speoificajty, to pay the any other norugagos, to which the Pledgee may have subordinated its mortgage herhcrein cleated,
pay all .-,ncJ singular the cost, charges and expenses, including attorney's fees, reasonably tine by the said Pledgeo because of theincurred or paid at any failure on the part of the Unit Owner or the association Lo abide by each end OVCZ stipulation perform, comply with, and covenant of the Agreenent and every agreement condition and tnterest fec-a, the data thereof at thesuch payment shall bear rote ofjghtppn (18%) percent par
To

(hI

annum.

c)
3.

parsiit, cootnit, or suffor no inpairceit Or deterioratio; of the said land, waste, and Unit atoredeccrja parcel or any part tIorecf, orainary woar and tear excepted,
To

contained, so long his pro rate sharehereinall Cornnn Expanses of from or out of the Agreement facilities directly ta Plodgee, then, andJor such other cossoon agrees that it will not enforce any of and in such event, Piedgee its rights which it nay have against tie Unit Owner by virtue of cluding without limitation, the right this Pledge Agreement of foreclosure) notwithstanding the fact that or cry other .ntt Owner As000iatson is in default of said Agreement has tailed to perform his obligations Member of the Association to as a pay his pro rats share of such hspanoeg, Cootnon

arising

Notwithstnndjng asythiug as

unit

Owner pays

ho

the contrary

u-

2

Feb 27 09 01 :29p

Chrissy & Sam Piazza

561-852-7383

p.6

C

herein created upon the is and rhall dinate to any calici Thstttutjenal be secolidary, inferior and suborOecioretj of Condomjnji placed First Mortgage (as defined in the upon said parcel,
afclrecinnnribea

Pledg ogre that

the

UnLt

JeQeLgoge ylodge

ment
in

IUWIThESS WHEREOF, the said Unit Owner has as rrovded by law, on title day and year

first above 'vritten.

eecuted this Fledge Agree-

Sigr.ed,

the

Sealed and flelivered Presence oF:

dint

Owner

(SEAL)

Unit Owner
STATE OF FIORIHA

__________ (SEAL

Es
CO'JNTY OF

The foregoing

instrusent
19
•

was acknowledged
by

before so this

_____

day of

Notary
My

Public, $tst0

o

Tic-noe

Cosrissj00 Expires:

3

Feb 27 09 01 :29p

Chrissy & Sam Piazza

561-852-7383

p.7

I>2CO$SO7 NQTc

___________________________

19

florida
FOR VALUE Ptcflvro, the to the order of Leanar

sun of Four Thousand Night Hundred and OC/loc ($4,800.OQ} Dollars, together with interest thereon from the date the first payncat is required to be nado hereunder at Use

undernicned jointly and severally, prttise itoses, Inc., a florida cooration the principal
ar,d

t

upon the unpaid as follows;

balance from tune to tine until maturity,

rate

of

nane

steen—eighths percent

i9.9fl)

per

same

Leiag payable

annt

three hundred sixty 36c) consecutive equal monthly principel and interest each in the anount of $41.65 Thstalbnents of payable on the

first day of the month following thit descnibud in paragraph 2 ofthe date of closing of title to the the even date herewith b1 the undersinod, Pledge Agreement executed on and on the first day of each and every calendar menth
principal
sum

is paid in Cull,

thereafter ensuing untIl

the

total

this Note is secured by a Pledge agreement bearing even date, which Pledge ngreirnent is more particularly described in the Agreement for
Deed.

This Note mar be prepaid in whole at any time without penalty, but not in pat I.
While rn default and after shall rate of eighteen percent (16%) maturity, this Note on thebear interest at the per first day of each annth thereafter in lieu of the rate annum payable hereinabove specified.

balance

All payments cede hereunder shell be applied first thereof shall be applied in reduction of principal.to interest

and

the
slay

This tlote obsfl be payable at such plato as the holder thereof designate in writing.

default occcrs in payment of any installr,ent of principal and/er due on this Note, at the option of the holder, the entire prir.oipal sum renoini;q unpaid horeon, together with accrued interest, shall bocre £suscdiateiy duo and payable without notice, wavoe demand, proLst, notice Of maturity, tech maor and endorser severally non—Pavscnt or pretest, and all rocuiretuents necessary to hold of as agree, jointly and severally, each pay then liable of mflers aM endarsers and to all costs reasonable attorneys' fee in case any payment is not collection, including a paid when due whether twit he brought or not,

intorest

IC

Condominium Unit Po.

(SEAL)

StA54

EXIIIE3IT F

'I'D

aIREE,t)5T

FOP DEED

1


				
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posted:3/2/2009
language:English
pages:31
Description: By-Laws, Schedule A to by-laws and Rules and Regulations