TEL3 Master Deed (15 of 16)
... Condominium Corporation. When such liquidated damages are imposed, the same shall be considered as an assessment upon the unit and. like the assessment for expenses, shall be secured by the lien provided for in Section 4, Part II hereof.
Section 15. Waivers. No limitation restriction, covenant or condition herein contained and no regulation in the building rules shall be deemed to have been abrogated or waived by reason of any failure to enforce the same, irrespective of the number of violations or breaches thereof or lapse of time which may occur.
Section 16. Right of Assignees, Tenants and Occupants of Units. All present and future owners, tenants and occupants of units in the Project shall be subject to, and shat comply with the provisions of the Condominium Act, the Master Deed, this Declaration, the Articles and By-Laws, the building rules and other rules and regulations adopted pursuant thereto, as these instruments may be amended from time to time. The acceptance of a deed or conveyance, or the entering into a lease, or the entering into occupancy of any unit shall constitute an acceptance of the provisions of such instruments, as they may be amended from time to time, by such owner, tenant. or occupant. The units shall also be subject to the above rules and regulations where applicable. The provisions contained in such instrument shall be covenants running with the land and condominium building and shall bind any person having at any time any interest or estate in such unit. as though such provisions were recited and fully stipulated in such deed. conveyance, or lease thereof.
Section 17. Invalidity. The invalidity of any provision of this Master Deed shall not affect in any manner the validity or enforceability of the remainder of this Master Deed, and the other provisions of this Master Deed shall continue in full force and effect as if such invalid provision had never been included herein.
Section 18. Amendment of Master Deed. This Master Deed may be amended by the affirmative vote of unit owners constituting at least 66-2/3% of total unit shares in the Project at a meeting duly held in accordance with the By-Laws of the Condominium Corporation.
IN WITNESS WHEREOF. the DECLARANTS have caused this instrument to be executed on the date and at the place first aforewritten.
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