AMENDMENTS PROPOSED BY THE SENATE

1. Page 2, engrossed, line 10, after sale

insert

subject to prior liens

2. Page 3, engrossed, line 9, after same

strike

remainder of line 9 and all of lines 10 through 21

insert

in the following order: first, to the reasonable expenses of sale; second, to the satisfaction of all taxes, levies, and assessments, with costs and interest; third, to the satisfaction of the lien for the unit owners' assessments; fourth, to the satisfaction in the order of priority of any remaining inferior claims of record; and fifth, to pay the residue of the proceeds to the unit owner or his assigns; provided, however, that the association as to such residue shall not be bound by any inheritance, devise, conveyance, assignment or lien of or upon the unit owner's equity, without actual notice thereof prior to distribution.

3. Page 4, engrossed, line 23, after sale

insert

subject to prior liens

4. Page 5, engrossed, line 23, after same

strike

remainder of line 23 and all of lines 24 through 34

insert

in the following order: first, to the reasonable expenses of sale; second, to the satisfaction of all taxes, levies, and assessments, with costs and interest; third, to the satisfaction of the lien for the owners' assessments; fourth, to the satisfaction in the order of priority of any remaining inferior claims of record; and fifth, to pay the residue of the proceeds to the owner or his assigns; provided, however, that the association as to such residue shall not be bound by any inheritance, devise, conveyance, assignment or lien of or upon the owner's equity, without actual notice thereof prior to distribution.