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Condominium Resale Certificate - Williams & Williams

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'E9 MIG/jlf 2/4/84<br />

cancelled or substantially modified (including cancellation<br />

for<br />

non-payment of premium) without 10 days prior written notice to<br />

Executive Board.<br />

15.11 Operative Effect: This Declaration shall be of full<br />

force and effect upon the recordation in the St. Louis County<br />

Recorder of Deeds Records.<br />

15.12 Lease of Unit: Each Unit Owner shall have the right<br />

to lease the Unit so owned for single family occupancy subject to<br />

the following requirements:<br />

Every lease shall be in writing and shall be<br />

subject to all provisions of this Declaration and Bylaws.<br />

Further, said lease shall incorporate the rules and regulations<br />

of the <strong>Condominium</strong> by reference thereto and shall<br />

include the provision that any violation of said rules and<br />

regulations or covenants and provisions of the lease, other<br />

than non-payment of rent, shall be additional basis for<br />

termination of the lease by the Executive Board.<br />

Every lease shall be submitted to the Executive<br />

Board for review so as to assure compliance with this<br />

Declaration.<br />

Cc)<br />

Every lease shall appoint the Executive Board (or<br />

the Declarant as the case may be) to act as agent and<br />

attorney-in-fact for the Unit Owner for the purposes of<br />

enforcing the terms covenants and conditions of said lease,<br />

other than the non-payment of rent. If any such violation<br />

is not cured within 30 days or such shorter time as may be<br />

- 39 -

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