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HomeMy WebLinkAbout1406 by amendment to this Declaration recorded in the Public Records of St. Lucie County, Florida. Notwithstanding the fact that the foregoing portion of this Paragraph C is self-operative, if the Developer determines not to add any particular or all Phases to this Condominium, Developer may, in addition to any actions otherwise required by the Act, record a notice to the effect that such Phase or Phases will not be added to this Condominium. VII. UNDIVIDED SHARES IN COMMON ELEMENTS A. Each of the Apartments shall have appurtenant thereto an undivided share in the Common ~ Elements in accordance with the schedules of ownership of Common Elements hereto annexed as Exhibits Q-1, Q-2, Q-3, Q-4, Q-5, Q-6, Q-7, Q-8, Q-9, Q-10, Q-11, Q-12, Q-13, Q-14, Q-15 and Q-16 and made a part hereof , subject, however, to the rights of Apartment Owners to use the Common Elements in accordance with the provisions of this Declaration . B. Exhibits Q-i ~ through Q-16, which are attached hereto and made a part hereof, list, respectively, each Apartment's percentage ownership in the Common Elements if the various Phases are included in this Condominium. Exhibit Q-1 applies if only Phase I is included in this Condominium; Exhibit Q-2 applies if one additional Phase is added to this Condominium; Exhibit Q-3 applies if two additional Phases are added to this Condominium; Exhibit Q-4 applies if three additional Phases are added to this Condominium; Exhibit Q-5 applies if four additional Phases are added to this Condominium; Exhibit Q-6 applies if five additional Phases are added to this Condominium; Exhibit Q-7 applies if six additional Phases are added to this Condominium; Exhibit Q-8 applies if seven additional Phases are added to this Condominium; Exhibit Q-9 applies if eight additional Phases are added to this Condominium; Exhibit Q-10 applies if nine additional Phases are added to this Condominium; Exhibit Q-11 applies if ten additional Phases are added to this Condominium; Exhibit Q-12 applies if eleven additional Phases are added to this Condominium; Exhibit Q-13 applies if twelve additional Phases are added to this Condominium; Exhibit Q-14 applies if thirteen additional Phases are added to this Condomin- ium; Exhibit Q-15 applies if fourteen additional Phases are added to this Condominium; and Exhibit Q-16 applies if fifteen additional Phases are added to this Condominium. C. The Common Elements within, or constituting the exterior of, a Building shall be for the use of only the Apartments within such Building (Limited Common Elements with respect to such Apartments) and for the use of the Apartment Owners of such Apartments and the guests and invitees of any of such Apartment Owners . r f VIII. SHARES IN COMMON EXPENSES AND COMMON SURPLUS A . The Common Expenses shall be shared and the "Common Surplus" (as that term is defined in the Act) shall be owned by each Apartment Owner in proportion to each Apartment Owner's percentage share in the Common Elements set forth in Exhibits Q-1 through Q-16 attached to this Declaration and made a part hereof . B. Notwithstanding the provisions of Paragraph A above, the cost of repair, replacement or modification of Limited Common Elements can, at the discretion of the Board, be assessed as a Limited Assessment. The Board must exercise this discretion in a fair, consistent and reasonable manner. 9 a; ° ~ 304 1404 SGGK PACE .s, RU DEN, BA RNETT, NcCLOSKV 6 SCH LISTER, ATTORNEYS 4T LAW. 25 SOUTH ANDREWS AVENUE. FORT IAU OEROALE. FIOR~DA