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~ as a re~eult ot par~orsnlaq aervi~ces, eu~ch e~oce8s sh~?u be appued ay~inat
~turo a~ea, etc. Ths Corp~ration m~q p~y aomp~aeat~a ia a ra?~on-
sble amowat tro ita mambsra, disectrors a~ad o!l~cera~ !br s~rvi~ces s~d~r~d,
m~y conLer ben~t~ upoa ite vnembere in cor~ornai~y arith its purpoasa, aad
upon disaolutioa or tinai liqutdatiou, m~y matce distriDution to ita msmbers
as i$ Permitted b~ ttye Cc~urt hsvinq iuri~ictton thereoi, ~nd n~o a~ch pqymeat, _
be~s$t o: distrfbuti~on ~all bo de~med to bs a dividend or di~tributlon oi irr
come.
This Corpox~atioa shall iseu~e no shares o! atroclc oi aqy ]ctn~d or -
n~ur~ whateoevor. ~dembership in tbis corpor~la and the trstn~fe~ tlse~reoi,
as well s~s fhe aumber_ ot membere, shall be upon euch tsrma aod condittons
as provided ior in t~s Docl~ratioa .oi Condominium and ByLawa. T'h~ v~o~inq
~ riqhts of the owner~ oi parcels in eaid cor~dominium ProPerty a~t~a11 be ~s set
Zorth in the Decl,ara~ion of Condominium and/or By-Lsws.
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~ II~1 W 1TNE53 WHEREOF, the bub~scribers hereto have h+e~ce~uato
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~ sffi~Ced their siqnstures, th3s ..1.~~y oi sep ber, 1967.
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(SEAL~
_ Robert A. ~ppsr on
- . ..__~BEAL~
W. R. Scott
STATS OF FLORIDA )
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- COUNTY OF MAR'I'IIJ ) - . ~
BetArQ me, the uadersiqaed autbority, peY'SOna11Y aPPe~~
~v. R. scoYr 6d8, RObe~'L A. Ep~et'e0a iu'~d W. R. SCOtt~ Wh0 ilter beit~q by me ~WOMy
??T6RHEY AT LAW
-_,~~COlORA00 AV[NUf
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