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operation of the common elements. Each unit owner shall ;
be responsible and liable for an equal share of the com- ;
mon expenses regardless of the purchase price of the unit,
its location or the square footage of the same, Until all
1585 units have been submitted to this Declaration, as pro-
vided in Section IIT hereof, each unit owner's share of
the common expenses shall be in the same proportion as
the owner's unit bears to the total number of units sub-
mitted to this Declaration at the time of assessment.
After all 1585 units have been submitted to this Declar-
ation, each unit owner shall be liable for a 1/1585 share
of the common expenses.
"Any common surplus of the Association shall be owned
by each unit owner in the same proportion as the owner`s
contributions to the common expenses and assessments of
the Association."
4. Section XI shall read as follows:
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"PROVISIO NS RELATING TO SALE OR
RENTAL OF CONCOMINIUM UNITS
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"No restrictions are placed herein as far as selling ~
any condominium unit. The developer, however, shall have
for a period of ninety-nine (99) years from the date of
this Declaration the exclusive right, in the absence of
use by the Owner or his designated guest, to rent lots
which are a part of the Declaration at scheduled rates pro-
mulgated from time to time by the Developer. The Developer
shall retain for its services 50% of the gross amourtt of
the rental collected on any lot with the remaining 50%
reserved for the benefit of the lot owner. As partial °
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consideration for the aforesaid, the Developer shall under-
take an advertising program to promote the rental of said '
units, both those units owned by the Develope r and those
units sold and in private ownership.
"This exclusive right of the Developer to rent lots
which are a part of the Declaration shall be binding on
each member, his successors and assigns, and shall con-
stitute a covenant running with the land of each
condominium uni~"
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