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- e. To purchase insurance for -the condominium properties;
and insurance for the protection of the Association and its members
as condominium unit owners. -
f. To reconstruct improveme;~ts after casualty and~to -
further improve the condominium properties. - -
- g. -.To make and amend reasonable regulations respecting
the use--of the condominium properties.
- h. To~approve or disapprove the transfer, mortgage and
oivneirship of condominium units as may be provided by the separate
Declarations of Condo~ainium and; the Bylaws of the Association. -
i. -To endorse by legal means the provisions-of the Condo-
- minium Act-, the separate Declarations of Condominium these Articles,
the Bylaws of the Association-and the Regulations for the use of the.
condominium properties. -
- ~ j. To contract for the management and operation of the
. condominiums, including their- common elements; and to thereby delegate
all powers and duties of the Association,-except such as are specifi=
- _cally required to have approval of the Board of Directors~or of-the
membership of the Association. ~ - - '
k.: To .contract for r.he management or operation of -such
portions of the common elements of the. condominiums as are susceptible
to separate management and operation;-and to grant leases of those
.portions-for this purpose. - -
1. To enter i~~to leases, as Lessee. - - -
m. To-employ personnel to perform ttie services required for
the proper management and operation of the condominiums.
- 3.3. All funds, except such portions thereof as are expended
' for the common expenses of the condominium, and the titles of all
properties will be held in trust for the members of.the Association,
in accordance with their respective interests under t}:e separate
Declarations of Condominium, and in accordance with the provisions of
these Articles of Incorporation and the Bylaws of the Association.
~ - 3.4. The powers, of the Association will be subject to and will
be exercised-and in accordance with the provisions of the separate -
Declarations-of Condominium and~the Bylaws of the Association.
ARTICLE 4 - -
MEMBERS
4.1. The members of the Association will consist of all of the
record owners of the condominium units in the condominiums, said
condominium units being apartments of various types; and after ter-
mination of any condominium will consist of- those who were members
of the ter-urinated condominium at the time of suc;i termination, their -
~ _ successors and. assigns, and of the. record owners of condominium units
in the remaining condominiums. -
4.2. After receiving approval of the Association, change of _
membership will bE established by recording in the public records
- of St. Lucie County, Florida, a deed or other instrument establishing
a record title _to a condominium unit and by the delivery to the
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