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HomeMy WebLinkAbout2727 . ~S ~ i~~2.i ~ ~ DECI.~IRATION OF CONDOMINIUM OF OUTDOOR RESORTS AT N$TTLES ISZ.A.'~1D, A CONDOMINIUM ~ . } I. SUBMISSION STATEM~NT The undersiqned, beinq the owner of record of the fee simple title to the real property situate, lyinq~a~~a~i~agl _~S~ ~,u~e ~ie Co. . County, Florida, as more fully described pt,b, hereby states and declares that said realty, together with improvements thereon is submitted to condominium ownership, pur- suant to the Condominium Act of the State of Florida, Chapter 711 Et. Seq., Florida Statutes, as amensled, (hereinafter referred to as the Condominium Act) a~c~d the provisions of said Act are hereby incorporated by reference and included herein thereby, and does herewith file for record this Declaration. ~ Definitions: - As used in this Declaration of Condominium ~ and By-Laws attached hereto, and all Anendments thereto, unless the context otherwise requires, the followinq definitions shall prevail: ~ A. Declaration, or Declaration of Condominium, or Enablinq Declaration, means this instrument, as it may from time to time be amended. . . B. Association or Corporation means Outdoor Resorts at Nettles Island, Inc., a~Condominiwn, a Non-Profit Florida ~ Corporation, and its successors, beinq the entity responsible ~ for the operation of the Condominium. - ~ . - ~ C. By-Laws means the By-Laws of Outdoor Resorts at Nettles ~ Island, Inc., a Condotainium, as they exist from time to time. _ ~ D. Coimnon Elements, means the portions of the Condominium property not included in the Units and sha]~l include any premi.ses leased by the Asaociation. ~ _ ~ ~ E. Limited Common Elements means and includes those coa~aon elements.which are reserved for the use of certain units, to the exclusion of all other units. F. Condominium means that form of ownership of condominium property under which units of,improvements are subject to owner- ship by different owners, and there is appurtenant to each unit, as part thereof, an undivided share in the comanon elements. G. Condominfwn Act means and ref~rs to the Condominium Act of the State of Florida, Chapter 711 Et. Seq., Florida Statutes, 1965, as same may be amended from time to time. H. Com~cwn Expenses means the expenses for which the unit owners are liable to the Asaociation. I. Common Surplus means the excess of all receipts of the Association, includinq, but not limited to assessn~ents, rent, profits and revenues on account of the common elementa, over the amount of com~aon expemse. J. CoAdominium Property means and includes the land in a ~ - . 8(~( PALf~~~ ~ s - - ~ . _ _ _ .~r~ _ ~ ~ _ _ _ - m_~