'opt • Foreclosure. A lion for Assessments is prior to all other liens and
<br />�.�. Vixen Prx 4
<br />encurnbratices on a Unit except (l) liens and encumbTanees recorded before this Declaration,
<br />first mart a 'e on the Unit; and (iii) liens for real estate taxes and- other governmental
<br />(ii) any � g
<br />assessments or charges against the Unit, Notwithstanding the foregoing, if (1) a f�•st n� ortgage
<br />as g
<br />'s foreclosed; (2) the first mortgage was recorded on or after the date of recording of
<br />on a �CJn�t �. y ,
<br />laration• axed (3) no Owner redeems during the ovmcr s period of redemption provided
<br />this Dec
<br />by
<br />Minnesota Statates Chapters 5 80, 5 8 1, or 5 82, then the holder of the she riff s certificate of
<br />he foreclosure of the first mortgage shall tale title to 'the Unit subject to unpaid
<br />sale from t
<br />Assessments for
<br />Common Expenses levied pursuant to Sections 515B.3-115(a), (e)(1) to (3), (�
<br />and (i) of MCIO
<br />A which became due, without acceleration, during the six months immediately
<br />preceding the first day following the .end of the owner's period of redemption,
<br />pre g .
<br />. 6.1 0. Real Estate Taxes and Assessm ents. Real estate taxes, special 'assessments, and
<br />ether charges a n
<br />and fees which may be levied against the Common Elements by governmental
<br />authorities, shall be
<br />' allocated and levied equally among the tJnits, and shall be a lien against each
<br />lJmt in the same manner as a lien for real estate taxes and special assessments levied against the
<br />Unit alone.
<br />onve antes; Statement of Assessments. In a voluntary conveyance
<br />x.11., ;�Taluntary _ �-
<br />r shall not be ersonally liable for any Unpaid Assessments and other charges
<br />of �, Unit, the buys p h time of conveyance to
<br />made b the. Association. against the seller or the seller's Un't prior tote Y
<br />Y
<br />• expressly assluned b the buyer. However, the lien of such Assessments shall
<br />e buyer, unless expres y Y gall be entitled to a statement, in
<br />• g main against the Unit until released. Any seller or buyer sl
<br />�e
<br />recordable farina
<br />from the Association setting forth the amount of the unpaid Assessments
<br />• l din all Assessments payable in the Association's current fiscal year,
<br />against the Unit, Inc u g
<br />which statement shall be binding on the Association, seller and buyer,
<br />SECTION 7
<br />RE STRICTIONS O USE OF PR01%�T�
<br />and Occupants, ants a
<br />All Owne ccu
<br />rs and all secured pasties, by their acceptance or assertion of an
<br />• r b' their occupancy of a Unit, covenant and agree that, in. addition to
<br />interest i the Property, o Y p h Governin Documents, the
<br />an other restrictions which may be imposed by ICIA or the g ,
<br />Y
<br />' operation, alienation and conveyance of the Property - shall be subject tot the
<br />occupancy, use, op
<br />following restrictions:
<br />• e shall be owned, conveyed, encumbered, leased, used and
<br />'7.1.e ra. The Prop
<br />b `ect to the Governing Documents and MC1OA., as amended from
<br />time to time, All
<br />occupied su
<br />' and. obligations set forth in the. Governing Documents are in furtherance
<br />covenants, restrictions g
<br />of a plan for the Property, and shall run.. with the Property and be a- burden and benefit to all
<br />s and to an other Person. acquiring or owning an interest in. the. Property,
<br />Owners and Occupant Y
<br />their heirs, personal representatives, successors and assigns,
<br />. Prohibited. Except as per .tied by this
<br />7,2, Certa]n Subdivisions and Canye antes p . .
<br />the Common Elements may be subdivided or partitioned
<br />]� eclarat�on, no Unit nor any part of on
<br />• written approval of all Owners and all Mortgagees holding first mortgages
<br />without the p�.�or w pp
<br />the Units. -
<br />MPLS -word 202180.3 16
<br />
|