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b• conducted as a non-profit organitation for the ben~lit oi~ its
~~b~rs .
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1. Th• Corporation ~h~li have all of the pox~rs and privi-
ie~~s ~rsnt~d to C.or~oretion~ Hot For Profit under the larr putsu~ot
to Mhieh this Corporation is c??artered. and all o~ th~ pov~r~ ~nd
privileges which war be gsantect unto said Corporation or eYSYCis~d ;
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br it under ~ny other applictble 2awf of tha Stat~ of F2orid~,
including th~ Condominiun 4ct.
2. Tho Corpora~ion snall ~ave all of the pow~rs reaaansbly
necessary to i~plewent and effectuate the pur~o:es of Lhe Cotpora-
(a) To ,~ake and establish roasonabl~ rules and
r~~iations govern#ng the use of P???v~'!'fi n~~,t.-
INCS and C~~rin~ PROPP.RTY in the C4NDONIy?!iz! as
said tern~s may be def ~ned in si~c1 t)eclsration
of Condo~ainiu~! to ~e r~corded,
(b) To levy a~n1 collect assess-:ants aq1inst me~abers
of tAe Corperation to defray t`~e Co~non Expen-
ses of t!ie CO;~llO??!IYIJ't as ~ay be provid~~i in
said Declsratior cf Conclo~infu~ And in ~h~ A~?-
Ls~rs of this ~'arporation which :*aY be hareafter
adopte~;, including thu right Lo ~evy and collsct
e?ssessn~encs for the purposss of scquirinA, opsr-
at#ng~ leasing , ra~na irig snct othetrrise tradinA
aad dealinR Mith suc~ propert~*,~yhsther real or
nersonal, includinA PRIVATr ONF.LiIh~S in the
CflYDO~!1`tI~!~ ~hich may be necessary ot conveniani
in the operation ~nd ~an~gea+ent of the CONDOMINIUM
and in accor~plishing the purposes set lorth in
~ said U~claration of Condominfu~n.
To tnaintain, repafr. replace. opcr~te aRd T'iai~a~6
the GONt?0'!I~iIt1M an+~ tlie pro~erty ~oa~pri~infi aar~e,
includinR the right to reconstruct improve~aents
after cas•saltr and to n~ake fuxther inprovemsnt
of the co~nt~KiHiu!+~ pTOperty.
(d) To tontrset fot the aesnageaont of the CONDONINIUM
~tnd to delegate to such contra~tor ~12 of the
poMers and dutisa of ths Corn4ratlon excspt thoss
ahich mar be requiTed by Lhe ~)eclaration of Condo-
miniun Lo hsve approvai of the Kosrd of Ufsectors
or m~at~ership of tha Corporati~n.
(e) To enforce tha ;~rov'sions of s1i.~ '~o;.lzration of
Condodiniun?, thes• Atticles of Incer;~orAtion, the _
By-LatK~ of the Corperattion ~~hic~ r~ay be heTeafter
adoptsd, and the Ru~ss ond Res~utetions ,qovtrninR
the use of the .Cclyi~"ttNI:1~f ~s sane mAy be here~
after estsblished.
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8~(~V p~~.~i~.e~V
SlIBLVQ0IL, pQj,DMAN AND CAAUSO, P. A. • ATTORNEYS AT ~AW • MERRITT ISLAND~ FLORIDA
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