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HomeMy WebLinkAbout1487 i Hance, operation and management of the Condominium Property and to enter into any other agreements consistent with the purposes of the Association . t i ARTICLE IV t MEMBERS 't The qualification of Members, the manner of their admission to membership in the Association, the manner of the termination of such membership and voting by Members shall be as follows i A . Until such time as the Declaration is recorded in the Public Records of St. Lucie County, Florida, the Members of this Association shall be com- prised solely of the Subscribers ("Subscriber Members") to these Articles and, in the event of the resignation or termination of any Subscriber Member, the remaining Subscriber Members may nominate and designate a successor Subscriber Member. Each of the Subscriber Members shall be entitled to cast one vote on all matters requiring a vote of the Members. B . Once the Declaration is recorded in the Public Records of St. Lucie, County, Florida, the Subscriber Members' rights and interests shall be automatically terminated and the Apartment Owners (which in the first instance means the Developer as the .owner of the Apartments) of Apartments then or thereafter, by amendment to the Declaration, included within High Point of Fort Pierce Condominium Section II shall be entitled to exercise all of the I rights and privileges of Members. { C . Membership in the Association shall be established by the acquisition x of ownership of fee title to an Apartment in High Point of Fort Pierce Condo- minium Section II as evidenced by the recording of an instrument of convey- ance amongst the Public Records of St. Lucie County, Florida, whereupon the membership in the Association of the prior owner thereof, if any, shall terminate as to that Apartment. Where title to an Apartment is acquired from 1 a party other than the Developer in the case of sale, acquisition, inheritance, devise, judicial decree or otherwise, the person or persons thereby acquiring r> b ~ 'z j'~ t s 5 U goon 304 oA~c 1485 RUDEN, BARNETT, M[CLOSKT 6 SCNUSTER. ATTORNEYS AT LAW, 25 SOUTH ANDREWS AVENUE. FORT LAUDERDALE. ELO RIOA