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HomeMy WebLinkAbout1422 XXIV. PROVISIONS FOR ALTERATIONS OF APARTMENTS 8Y DEVELOPER A . Developer reserves the right to alter the interior design and ar- rangement of all Apartments and to alter the boundaries between Apartments as long as Developer ovens the Apartments so altered (which alterations made by Developer to Apartments it owns are hereinafter referred to as the "Altera- tions") . B . Any Alteration which will increase the number of Apartments or will alter the boundaries of the Common Elements (other than interior walls abut- ting Apartments owned by Developer) will first require an amendment of this Declaration in the manner provided in Article XXV hereof . This amendment shall adjust the share of Common Elements, Common Expenses and Common Surplus and the voting rights attributable to the Apartments being affected by the Alterations. C . In the event that the Alterations do not require an amendment in accordance with the provisions of Paragraph B above, then an amendment of this Declaration shall be~ filed by Developer in accordance with the .provisions of this Paragraph C . Such amendment ("Developer's Amendment") need be signed and acknowledged only by the Developer and shall not require approval of the Association through the Board , other Apartment Owners or lienors or mortgagees of the Apartments, whether or not such approvals are elsewhere required for an amendment of this Declaration. XXV . AMENDMENTS OF THE DECLARATION A. Except as to matters described in Paragraphs B, C, D, E and F of this Article XXV, and Developer's Amendment, as that term is defined in Article XXIV hereof , this Declaration may be amended by the affirmative vote of not less than two-thirds (2I3) of the Apartment Owners at any regular or special meeting of the Apartment Owners called and held in accordance with the By-Laws; provided, however, that any such amendment shall also be approved or ratified by a majority of the Board. Such amendment shall be evidenced by a certificate executed by the Association in recordable form in accordance with the Act, and a true copy of such amendment shall be mailed via certified mail by the Association to the Developer and to all Approved Mortgagees . The amendment shall become effective upon .the recording of E such certificate amongst the Public Records of St. Lucie County, Florida; ~ provided, however, such certificate shall not be so recorded until thirty (30) ! days after the mailing of a copy thereof to the Developer and all Approved i Mortgagees , unless such thirty (30) day period is waived in writing by De- veloper and all Approved Mortgagees . B . No amendment of the Declaration shall change the configuration or size of any Apartment in any material fashion, materially alter or modify the appurtenances to such Apartment, change the proportion or percentage by which any Apartment Owner shares the Common Expenses or owns the Common Surplus or Common Elements, nor change any Apartments voting rights in 1 the Association, unless all of the record owners of such Apartments and all of the Approved Mortgagees of record holding mortgages on such Apartments ~ shall consent in writing thereto. The provisions of Section 718.110(5) of the Act are specifically incorporated herein. The provisions of Article XIX hereof are covenants for the benefit of institutional Approved bortgagees and may not be amended without their prior written consent. Any such amendment as hereinabove set forth in this Paragraph B shall be voted on at a special meeting of the affected Apartment Owners and their consent thereto shall be 25 ~x 3001(3~~ 1sAGf RUDEN, BA RN ETT, MCC LOSKY 6 SCM LISTER. ATTORNEYS AT LAW, 25 SOUTH ANDREWS AVENUE. FORT LAUDERDALE, FLORIDA r- _