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ARTICLE V
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OWNERSHIP OF COMMON ELEMENTS '
Each of the Unit Owners of the Condominium shall own an
undivided interest in the Common Elements and Limited Common
Elements (if there are any such Limited Common Elements) and the
undivided interest, stated as percentages of such ownership in
the said Common Elements and Limited_Conunon Elements. Exhibit "A"
annexed hereto sets forth these interests with respect to Phase (A)
only. Varying interests have been assigned generally relating to
the size of the Units. Those individual interests shall be
adjusted if, as and when Phase (B) is added to the Condominium in
conformance with this Declaration. These adjusted interests
shall likewise generally reflect the size of the Units; no Unit's
percentage share shall be increased by such an adjustment and the
undivided interests of all- Units in the Condominium at any time -
shall equal 100$.
The fee title to each Condominium Unit shall include both
the Condominium Unit and the undivided interest in the Common
Elements appurtenant to such Unit as aforesaid, said undivided
interest in-the Common Elements to be deemed to be conveyed or
encumbered with its respective Condominium Unit, even though the
description in the instrument of conveyance or encumbrance may
refer only to the Condominium Unit. Any attempt to separate the
fee title to a Condominium Unit from the undivided interest in
the Common Elements appurtenant to-such Unit shall be null and
void.
ARTICLE VI
VOTING RIGHTS
There shall be one person with respect to the ownership of
each Unit, who shall be entitled to vote at any meeting of the
Unit Owners - such person to be known (and is hereinafter referred
to) as a "voting member." If a Unit is owned by more than one
person, the owners of said Unit shall designate one of them as
the voting member, or in the case of a corporate Unit Owner, an
officer or an.employee thereof shall be designated the voting
member. The designation of the voting member shall be made as
E provided by, and subject to, the provisions and restrictions set
forth. in the By-Laws of the Association. The total number of
votes shall be equal to the total number of Units in the Condo-
minium at the time the vote is taken, and each Condominium Unit
shall have no more and no-less than one equal vote in the Associa-
~ tion. If one individual owns more than one Condominium Unit, he
~ shall have one vote for each Unit owned by him. The vote of a
Condominium Unit is not divisible.
ARTICLE VII
COMMON EXPENSES AND COMMON SURPLUS
The Common Expenses of the Condominium shall be shared by
the Unit Owners as specified and set forth in Exhibit "A" as it {
may be amended from time to time. The ratio of sharing Common
Expenses and assessments as set forth herein, shall remain recjard-
less of the purchase price of the Condominium Units, their location
or the building square footage included in each Condominium Unit.
Any_Common Surplus of the Association shall be owned by each
of the Unit Owners in the same proportion as their percentage
ownership interest in the Common Elements.
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