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Home My WebLink About2209 mortgages, or impair or prsjudice the security and rights of the Lessor's interest under the long term lease. No amenclment shall change the provisions of this Declaration with respect to institutional mortgagees or the Lessor under the long term lease without the written approval of all institutional mortgagees of record and the Lessor under the long term lease. VIII gy-LAWS The operation of the condominium property shall be governed ~y By-Laws, whicn are set forth in a document entitled, "By-Laws of High Point of Fort Pierce Condominium Association Section 1, Inc." which is annexed to this Declaration, marked Exhibit "2", and made a part hereof. No modification of or amendment to the By-La~vs of said Association shall be valid unless set forth in or annexed to a duly recorded Amendment to this Declaration. The Rj-Laws may be amended in the manner provided for therein, but no Amendment to said By-Laws shall be adopted which would affect or impair the validity or priority of any mortgage covering any condominium parcel(s) or the long term lease. IX THE OPERATING ENTITY I F The name of the Association responsible for the operation f ~ of the condominium is set t~rth in Article VIII hereinabove; sai i corporation is a non-profit Florida corporation, organi2ed and ~ existing pursuant to the Condominium Act. The said Association _ ~ shall have all of the powers and duties set forth in the ~ Condominium Act, as well as all of the powers and duties granted to or imposed upon it by this Declaration, the By-Laws of the Association, and its Articles of Incorporation, which Articles of Incorporation are attached hereto, marked Exhibit #3, and made a part hereof. Every owner of a condominium parcel, whether he has acquired his ownership by purchase, by gift, conveyance, or transfer by operation of law, or otherwise, shall be bound by the By-Laws of said Association, the Articles of Incorporation of the Association, and by the provisions of this Declaration. ~ X ASSESSMENTS ~ ~ The Association, through its Board of Directors, shall have ~ the power to fix and determine, from time to time, the sum or sums 1 -6- p ~ i~~a~ SOO~t . ~ ~,AW OFFICE'.S BART CONEN, GITY NATIONAL SANK BUILDING, MIAM1, FLORIDA _ . , s - - - v~l y_,~ - a j~ s~~,~~ c. ~ _ ~ ~ . ~ - ss-.-.~ ~s,_ ..,s ~ ~ .`~'3'~ - . ^ . .