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nor a Condominium unit's proportiona.te share of the common expenses or
common surplus, nor the votinq riqhts appurtenant to any unit, unless the
, record owner(s) thereof, and all record owners of mortga.qes, or other
voluntarily placed liens thereon, sha11 join in the execution of the Amend-
. men~ No Amerydment shall be passed which shall impair or prejudice the
rights of any Lessor's interest wnder ~any lease.
VIIL ,
BY - LAWS
The operation of the condominium property sha11 be qoverned -
- by the By-La,ws which are set forth in a document entitled "By-Laws of -
HOLIDAY OUT AT ST, LUCIE, a Condominium" which is annexed to this
Declaration, marked Eghibit "C" an~d made a part .hereof.
No modification of or Amendment to the By- La.ws of said
Association shall be valid unless set forth in or annexed to a duly record
Amendment of this Declaxation. The By-La.ws may be a.mended in the
manner provided for therein, but no Amendment to said Ly- La.ws shall be
adopted which mould affect or impair the validity or priority of any
mortgaqe covering any condominium paxcel (s).
• VITI.
~ THE OPERATING F:NTITY
~
The na,me of the association responsible for the operation of the
condominium is set forth in Article VIII hereina.blve; said Corporation is
a non-profit Florida Corporation, organized and existing pursuant to the ~
Condominium Act. The sa.id Association sha11 have all of the powers and
duties granted to or imposed upon it by this Declaration, the By- La.ws of
Association, and its Articles of Incorporati~on, which Articles of Incor-
. poration are attached hereto, marked Exhibit "D" and made a part hereof.
` Every owner of a condominium parcel, whether he has acquired
his ownership by purcha,se, by gift, conveyance or transfer by operation
of law, or othez-wise, and shall be bound by the By-La.ws of sa.id
Association, the Articles of Incorporation of the Association, and by the
provisions of this Declaration. f
X.
ASS FSSMENTS
The Association, through its Loard of Directors, shall ha.ve the
power to fix a,nd determine, from time to time, the sum or sums necessar
and adequate to provide for the common expenses of the condominium
_ property, and such other assessments as are specifi~ally provided for
in this Declaration and the By-Laws atta,ched hereto. The procedure for
the determination of such assessments shall be as set forth in the By-
Laws of the .Association.
w. a. scorr
AT'fORNEtl AT LA~ .
= 700 GOLORApO AYf11Yt ~ ~
, STUA/1T, /LOlIIDA
~K~.68 ~i352
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