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gr~en fees, locker feee and such fees ae may be preacribed by General
Development CorporaCion from time to time, provided that na annual
dues shall be levied or asseesed againat any Plan Holder. The maxi-
mum fee for s~1ch eexw ices for the laet half of calendar yeer 1965 and all
of calendar year 1966 ehall be in accordance with the Schedule of
Charges of Port St. Lucie Country Club set forth in ExhibiC "B", attach~d
hereta and made a part hereof. Thereafter, said Schedule af C~arges
shall be slbjecC to revision annually. The maximu~ rates for such
aervices may be inereased at the end of each rental year, provided, how-
ever, that nn increase shall be more than 107. or the percentage by
which the rate of rentals to be charged far Port St.Lucie Country Club
Plan Homes in the next renCal year are increased over that of the gre-
vious year, whichever shall be higher. It is the intention of the
owner of the Port St. Lucie Country Club to ~ell me~bership~ in the
Club. The costa of inembership shall be derermined by the owner of Port
St. Lucie Count~y Club and s~iall be subject to revieion from time to time.
11. ~n the event tha~ the Plan Holder shall deeire ta dispoae of his
Plan, he shall notify Plans, Inc. in writing of hfs desire ~o ta da and
Plana, Inc. ahall have the exclusive right for a period of three manths
to dispose of such Inveetm~nt Plan aC a price to be fixed by the
Plan Holder. In the event tnat Plans, Inc. is unable Co dispoae of
the Plan within auch three months period Plan Holder ehall have the
right to dispoae of his Plan at not leea Chan the price fixed by
Plan ~older in his notification to Plans, Inc. In the event that
plan Holder sha11 destre to dispase of hia lnveatment Plan at a lesser
price, he shall again and for each red~sced price firet afford Plans,
Inc. the right for a period of three mc~ntha to dispo~e of the Plan
at the reduced price. In th~ event P1ana, Inc.~ells the Plan, commiasion
shail be payable to Plans, Inc. at the rate of 8~% of the tota2 s~les
price for the first year with a right thereafter to increase by per
ari~um, but in no event to more than 12~~. It ahall be a conditian of
the sale of any pl~n that all fees, charges and expenses of Plane, Inc.
shall have been paid to Plans, Inc. prior C~ the sale or arrangementa
satisfactary to P1~na, Inc. made for the pay~ent thereo~ at the time
~f the transfer of title. Plans, Ync. agrees at a charge of not in
excess of $5.00 to isaue a new Plan Certificate to any purchaser af a
Pla~ upon aurrender of the original Plan Certificate~which has b~e~
sold, together with appropriaCe advice of eale. The terma and provi-
sinns of this P~ragxaph 11 ehall alse 3pply to the disposition Qf a
home of any Plan Holder who has terminated hia Plan pursuant Co Para-
graph 15.
12. The home ahali be serviced for water, sewera~e and gas by a
utility company designated by plans, I~c. and th~ charges therefar
shall be paid by Plans, Inc. out of funds to the credit af Plan HoZder
in the Cuazodian AccounC.
13. The houee and contenta will be covered t~ 80~ of it~ insurable
value (;100 deductible on house and $i00 dedsctible on contents) by
fire ir?~uYBnCe with extended coverage endorsement, a$ weil as by Owners,
BCRK 12~ 5~?
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