HomeMy WebLinkAbout0696 all of which said lots shall hereinafter be referred to as "The Properties".
Sc,~ctian 2, Ccxnrr~n Pr~pesties. Zhat the property c~escri]x.~d in
Schedule "B" attached hereto as it appears rn the original plat of PORT ST. LUCIE
SDCTI(~1 Fp17I'X--0t~, a subdivision an St. Luci,e Courity, Florida, acoorciing to the
plat thereof, rc.~oorded in Plat Book 15 at Page 35 of the Public I~eoords of
St. Lucie O~unty. Florida, be referred to as "Crnmr~n Properties", be dedicated '
as recreational and/or park areas and that the use of sai.d oanro~n properties be
restricted and dewted to the oocrman use and enjoynent of the cywr?ers of "Zfie
Properties" ~as herein defined.
. Secztion 3. Additions to E~ci.sting Property. Additianal land may be-
oocne subject to this Declaratian in the following manner:
(a) Additions. Upon approval in writing of the Association pursuant `
tA a wte of its m~~ers as provided in its Articles of Tnvorporati on, the cxaner
of any property who desires to add it to t-he scheme of this Declaratian and to
subject it to the jurisdiction of the Associatioci may file or reoord a S~pple-
mentary Declaration of Cavenants and laestrictions.
(b) M~rs. Upan a merger or oonsolidation of the Association with
another association as provided in its Articles of Inoo~poration, its properties,
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rights and obligatians may, by operati~ of law, be transferred ta another sur-
viving or oon.solic~ated association or, alternatively, the prop~rties, rights
; and o~ligations of another association may. bY c~peration of law, be adc~ed to the
f J
E properties, rights and abligations of~the Association as a surviving oorporakion ~
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! pursuant to a merger. The surviving or oansolidated associatian may ac~ninister
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~ the oovenants and restrictions established by this Declaration within the F~cisting
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~ Property exoept as hereinafter provic~ed.
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ARTIQE III ~
r~~E~HIP AND ~IOTIl~iG RIf~IIS IN Tf~ AS.SOCIAZ'IQN ~
~ Secti~n 1. Membership. Ev~exy persan or ~ntity who is a reoord t3aner of ~
~ a
~ a fee or undivi~ed fee interest in any Lot or Living tfiit which :is subject by
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~ these oavpnants of revord to assessn~nt by the Associatian shall be a manber .
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~ of the Associatian, provided that any such person or entity who holds such
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P'
~ interest mere~y as a sec.-urity for the perfornnance of an abligation shall not
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~ be a member. ;
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Sectian 2. Voting Rights. The Association shall have twa classes_
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~ of wtisig n~~rstup.
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BOOK PAGE U~~ ~
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