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HomeMy WebLinkAbout0039 3.~ Che pa~vers of the Association shall be ~~u~j~cL tc and shall ~e exercised in dccordance vrith the provisions of the iJ?c:l~ration of Condomznium and the By-Lavrs. ARTICLE IV 4.. i The men:bers of the Association shall c~nsist o~ all of the record o~ti~ers ~f apari:m~nts in the ~c~ndominiu~n, hereiraftEr referre~ to as "Condominium Units", and af~er terminati.on of the CondcminiL~m _ shail consist of those v.fio are m~mbers at the time of such t~rnination, and their s~ccessors and assic~ns. 4.2 Membersr:i~ shall be acquired by recording ~n the F~i~lic ~ 'ecords ~f ~t. Lucie County, Florida, ~ u~ed or other instrv~ent establishing record title to a Condominium Un~t in the Cor.dominiu~, ~ -che oti.ner designated by such instrument thus 5ecoming a~n~r::ber ~f thQ Ass~ciation, and the mer~bership af the prior~o::n~~ r~ino thereby ter::iinated, provided, however, any party :,rho owns mere tha;~ ene ;:nit shall remain a rr,ember ef the Association so Iong 3~ he shall rctain title to or a fee o:•m~rship interest in any unit. ~I.3 The share of a l~e~ber in t~e funds and ass~~s o~ the ; ~ssecia±i~n c~nnot be assignea, hypo±hecated or transr"erred ~n any ( :-anr:er except as an appur'~~nance te his Condominiurn Unit. I f ~.4 On al~ mat~ers uFon ~.hich the me;nbershi~ sha?1 ~e ~ ~r~`=tl~d t~ vote, there shalZ be one vote for ea~h ~.ani ~vnic!~ vc~e ~ ~ :~,a; ~e exercised or cast in ~uch rnanner as may be provi~~d ; n t~:? ~ ~ 3y-La~:s of th~ Asseciatian. Any F~rson or entity e.ming ~:ore thar. one I i u^i~ shall be ~ntit?ed tc en~ vote ~or each unit he c~:~ns. ~ ~ ~ ARTICLE V i The hssociation shall riave perpet~~a~ exist~nce. I ~ 0 ~ ARTICLc VJ ~ - i s The r.ames and ad~?resses of the subscribers tc *h~s~ Ariicl2s c: ir.c ~rt cration are : ; ~ ; u. J. He~l~r ~1260 t'Jest Tea~h ~ca~? 4 North Paim. Beach, Flcr~~?~ ` ~ ~~.~c~ ~e F. 3ie ~ ! C2 Lakevzez; Buildirg ; ~ ~ P~1o~th ~_:I~~ Beach~, !=1~~r~ ~a i ' H~z~•1 A. Flem,~inc ~Q2 LakevzeK• A~,ai~ui~~ ; p!c:Z't}1 ralm Beac?-:, F~c~iua 3 ~ ~ . ~~R01( ~ P~6f ~ i ~ i ~ = _ - _ _ - - J S. . . _ _ r_. t . . ~ j~"