HomeMy WebLinkAbout0758 except that no amendment may be made which: ~
1. Would change the rights and interests~of the General
Partner, or the Limited Partners in relation to the rights
and interests of the other i4embers ~vithout the written consent
of i~embers owning two-thirds (2/3) of the total Units then
owned; ~
2. Would cause the Partnership to cease to be a Limited
Partnership as then defined by the Uniform Limited Parnership
- Law of the State of Florida, as amended.
B. An amendment to this Agreement shall be effective
hhen an appropriate amendment to the Certific~ate of Linited
Partnership shall have been filed with the Secretary of State
of th~ Stat~ of Florida.-
Section Z9. Arbitration.of Disputes _
In the ~vent of any controversy arising hereunder, it is-
underst~~3 ar.d agreed that t~e matter shall be submitted to
2rbitr~~io~, pursuant to and in accordance with the rules of"
proc~~u^~ o= ~ne American Arbi~ration Association, and that
such G~3-_~~~~_on shall accur ~vithin St. Lucie County, Florida.
Sect;on 20. i~~iscellaneous
~ ~ A, mhis Agreement shall be construed in accordance with
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~ the lac,rs o~ tne State of Florida.
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f B. Ths General Partner shall file or cause to be filed
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~ tnis Certificate of Limited Partnership with the Departr~ent
~ of State of the State of Florida and with the Clerk of ~he Circuit
Court of St. Lucie County, Florida. '
C. The Limited Partners agree to execute any and all ~
legal instrurients that may be necessary or required for the
purpose of the Limited Partnership; provided, however, that ~he
Limited Partners shall not thereby subject themselves to any
~ additior_al liability or finaac~al responsibility, other than
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~ their Initial or Additional C2pital Contributians.
D. P.11 notices provi de~ for in th3s ~g: ee~:ent shall
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~ be directed to the t~~e:r.bers ~~dresses herein set forth
~ or such other addresses as -a;~f ~~~si~r.ated by the i~Ier~zrs
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~ . 60t~K ~05 PA6E
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