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of~such ad3oining Dwelling Units or Common Areas on .the Dwelling
Unit and existing as a. result of they construction of the building
containing the Dwelling Unit, or which may come into existence
hereafter as a result of settling or shifting of the building, or
as a result of repair or restorati on of the bui 1 di ng or of any
adjoining Dwelling-Unit of the Common Areas after damage or de-~
~struction by-fire or other casualty, or~after a taking in con-
demnation or eminent domain proceedings, or by_reason of an alter-
ation or r-epair to the Common Areas.
B. An easement in favor of the other Dwelling Units-
- to use the sewer pipes, water pipes, wires, ducts., cables, conduits,
public utility Zinas and electric-meter boxes located in, on or -
under any of the other Dwelling Units, buildings or. elsewhere on'
"Tarpon Bay Villas=," and serving the Dwelling Unit, a diagram of
the location of these easements- beiag attached hereto as -Exhibit A.~ -
4.. The easements, licenses, rights and privileges estab-~.
lished, created and granted by this-instrument shall be for the
benef~t.of, and restricted solely to, the Owners from time to -time
of Dwelling Units in "Tarpon-Bay .V.illas" their tenants, the families
of such owners or tenants and their-guests, for-the duration of
their ownership or tenancy, but the same is not intended nor shall
it be construed as creating any rights in or for the benefit of
- the general public.. _
5. The exclusive right of one parking-space for .each
Dwelling Unit. -
ARTICLE IY
THE TARPON BAY VILLAS H0~!EOWNERS ASSOCIATION
A. MEMBERSHIP - _ -
Every record. fee simple Owner of a Dwelling Unit -irt
this development, including the Developer agrees to become and -
shall.be a member of the Association, provided that any person
or entity who holds such. interest only as security for the per-
_ formance of an obligation shall not be a member. _At such time
as said Owner no longer holds fee simple ownership of any
Dwelling Unit, membership in the Ass-ociati on ceases.
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