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HomeMy WebLinkAbout0041 1 . i Condo~r,~nium Units, o.r until the Developer elects ta terminate its ! 1 co~trol of the Associ.atic~~f or until the Uevelop~r elects to te~r^ir.ate ~ its control ef tt~e Associati~n, or until the annual membership r~r~ting ~ ; in r:o~~~~mber of 19~4, whichev~~r occurs first. The Director= n3m~d in ~ tr~ese ArticZes shal~ serve until the first Plection of di.rec~crs, ~ ~nd any vacancies in officz occurrisig before the fiist electier. ~nall ~ ~ bc rilled by the remaini~g Directors. j 8.4 The names a;~d addresses cf the members of the iirst ~ 3oarc ef Directors who shall hold office until their successors are elected and have qLalified, or until rer~loved, are as follo?•ls: D. J. H~LLER ~1260 West Teach Road _ North Falm ~each, Floric?a ~UGENF F. BIE 102 Lakevie~y Building North Palm Beach, Florida ~ HAZEL A. FLEhSh`.ING 102 Lakevie~. B,~il~ing N~rth Palrr. Beach, Flcrida ~RTICL~ IX Every llirector and ~very of ficer of thP r.ssoica ~icn s~::: ? nde:nnified by ~he Association agair.st al~ expens~s a~i~ liaY:i~i±ies in~ludin~ tct~~sel fees, reasolZably in~uxre:~ by or im~cse~ ;;r.c.^. ~:i~ in connect~on ;~:ith ar,y croc~eding er ±he setLlement o~ any ~rcceEding ~e ~:.~ich he may be a Farty, ~~r in ~.•.:-,ich he rnay becoTMe involv~d by r~a~on of his being er having been ~~rpctor cr Gfficer c:i ~h: ' rss~~c~~tion, .:fi~±h~r or ~Lt he is a Jirector er ~:ficer at ~h~ ! , ' suc!: ex~~~~:~zs are incurred, except :~~~P~ the Direc:tor ar Qfr1c~~ at the ~ ti::,e such ex.penGes are incurred, except r:Y~en th~ ~irECtor ~r Cr: icer is ~ ~.s;udged guilty of .~illful :~isfeasance or malz~as~rce ~n t~e rer~er- i j Tar~ce er his d~ties. The fcregoing right o~ inde^~n:.fic3tion sh,ll b~ ~ ir, ~ddi ~ion to arci exclusive of all other rights anci rer~?die~ `c ~ ~ ! •:~hi~h s~~ch Diiector or OfficAr ~3y be entitl?d. , ~ f Ar~TI~Lt X ~ The By-La;,s o~ t;;e i~sso:.iaticn shall b~ aue~.±ed ~y ±~:e +'o~rd o: r?c ~crs ar~d may be altered, a~end<:d or r~scin~ed in ±h~ i ~r~vidzd th~rein. i ~ i ~ • QOOII~ ~ ~ _ ~ . - - - - - _ _ ; ~ . - _ ~ ~ : ; _ ~ . _ :=~e.