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sentence, clause, phrase or word, or of any provision of this ~
lease or the exhibits attached hereto, shall not affect the ~
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validity of the remaining portionsl3~ereof.
54. PARTIES. The term "Lessor", "Lessee","Associ-
atioa" and "Developer" as used in this lease shall include the
singular and plural thereof, and the use of any gender shall
include all genders, wherever the same shall be appropriate, and ~
shall include its successors and assigns.
55. CONSENT AND RATIFICATION OF THIS LEASE BY A UNIT ~
d nderstood that some or ~
OWNER. It is specifically recognized an u
all of the persons comprising the origiaal board of directors and
~ the officers of the Association and Lessee corporations are also
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officers, directors atld/or stockholders of the Lessor and Developer
~ corporations under this lease, and that such circumstances of inter-
~ locking board of directors, officers and/or stockholders shall not ±
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~ and cannot be considered as a breach of their duties to the Asso-
~ ciation or Lessee corporations, nor as possible grounds to invali-
~ date this lease in whole or in part. Each and every person,
~ whether real or corporate, who shall take any interest whatsoever
3
~ in or to WINDMILL VILLAGE BY THE SEA HOMEOWNERS ASSOCIATION NO. 1,
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- INC. or any property in WINDMILL VILLAGE BY THE SEA UNIT TWO
~ by acceptance, delivery or the recording of the deed, contract,
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grant, assignment or other instrument granting, conveying, or
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j~ providing for such interest, or by the exercise of the rights or
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uses granted herein, shall be deemed to consent to and ratify
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