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HomeMy WebLinkAbout1230 ! 1 ! t responsible financial periodical of recognized authority to be selected by the parties. Adjustments in the basic Manager's fee shall - be computed on January 1, 1975, and on the first day of January of each and every year thereafter, each of which dates is hereinafter referred to as a"computation date". Each adjustnaent shall be in effect commencinq from the computation date until the next computation - date. Failure on the part of Manaqer to exercise the right to an adjustment in the basic Manager's fee shall not operate as a ~ waiver of the right to an adjustment as of k ~ any subsequent computation date. The amount ~ ~ of adjustment shall be arrived at by multi- plication of the basic Manager's fee by a fraction, the numerator of which shall be the index number for December immediately preceding the computation date, and the ~ j denominator of which shall be the index ~ ~ number for December, 1973. 5. Indemnification. Manager shall not be liable ~ r an loss or dama e not caused b to the Association fo y q Y Manager's own negligence or willful misconduct. The Association will indemnify and save harmless Manager from any liability for damages, costs and expenses for injury to any person or property in, about or in connection with the Condominium from any cause whatscever. ~ 6. Interference. The Association shall not inter- ~ fere nor permit, allow or cause any of its officers, ~ _ A ~ -i~ ~ ~ ~ ~ n~ 2~32 ~i2~ NCILL ORIFrIN JEF/RI[s i LlOYO CHAATERED ~ _ P O- BOIC 1270. FORT PIERCE, iLORIDA 33~50 - TCLCPMOME ~~OS) 46~-8200 ~ l F~ ~-s'~ 5 . - ~ - ~ - a. ~ ~ ~''L' r -...c yr ~ - ~ ~,~`t~~" . . 4G+aTs `,y~ i ~ ~~~Ctn....~ ~ "~t" ~+'S,r'-~ i , ,.a`. . ~x~..~ y~'°~tr n.... _ .r.3._ ~S