In most textbooks I've seen the limit operator has higher precedence than addition/subtraction:
$$\lim_{x \to a} u(x) + v(x) \equiv \left(\lim_{x \to a} u(x)\right) + v(x)$$
Where it gets hairy is whether the limit operator has higher precedence than multiplication/division:
$$\lim_{x \to a} u(x) v(x) \stackrel?= \left(\lim_{x \to a} u(x)\right) v(x)$$
I don't think there's an established convention so you would have to guess from context. However, it's usually a bad idea to shadow variables (to reuse the same variable symbol for both the variable in the limit and also another variable outside the limit). So if you wanted to be absolutely clear, it's a good idea to write your equation as:
$$f(x) = \lim_{y \to a} u(y) + v(x)$$