HomeMy WebLinkAbout0200 or take such other courses of action, or other legal remedy, as it
or they may deem appropriate. An Institutional t~lortyayee as
defined in tl~e Declarations oir Condominium, of a unit shall ue
entitled to written notice from the Association of any default by
the mortgagor of such unit under the condominiurrr documents which
is not cured within thirty (30) days.
Section 4. Attorneys' Fees: In the event such legal action
contemplated by this Article is brought against d unit owner and
results in a judgment for the-^laintiff, the Defendant shall pay
the Plaintiff's reasonable attorney's fees and court costs.
Section S. Binding Effect: Each unit owner, for himself,
his heirs, successors and assigns, agrees to the foregoing
provisions relating to default and abatement of nuisance,
regardless of the harshness of the remedy available to the
Association and regardless of the availability of other equally
adequate legal procedures. It is the intent of all owners of the
units to give to the Association a method and procedure which will .
enable it at all times to operate on a business-like basis, to
collect those monies due and owing it from the owners of units,
and to preserve each unit owners' right to enjoy his unit, free
from unreasonable restraint and nuisance.
- ARTICLE XI
At•IENDt•1ENT OF BY-LAWS
These By-Laws may only t,e amended at a duly called meeting of
the voting mer,~bers; provide (1) that the notice of the meeting
shall contain a full statement of the proposed amendment; and (2)
that the quorum requirement for such purposes shall be a majority
of all voting members, in person or by proxy. It shall be
necessary that there be an affirmative vote of three fourths (3/4)
of the voting members, as well as an affirmative vote of two
thirds (2/3) of the Board of Directors, in order to amend these
By-Laws. No amendment to these By-Laws shall be passed which
would operate to impair or prejudice the right or liabilities of
any Institutional Aiortyagee without the consent of said
Institutional Mortgagee.
t
No amendment to these By-Laws shall be passed which would be
~ in conflict with the Declaration or Covenants ano Restrictions of
Tarpon Bay Yacht Club or the Articles or By-Laws of Tarpon Bay
Yacht Ciub Property Owners Associations, Inc.
_ No By-Law shall be revised or amended by reference to its
title or number only. Proposals to amend existing By-Laws shall
contain the full text of the By-Laws to be amended; new words
shall be inserted in tl~e text underlines, and words to be deleted
shall be lined through with hyphens. If the proposed change is so
extensive that the above procedure would hinder, rather than
assist, the understanding of the proposed amendment, it is not
necessary to use underlining and hyphens as indicators of words
adde~i ~r deleted, but a notation must be inserted immediately
preceding the proposed amendment in substantially the follot,rirlg
~ language: "Substantial rewording of By-Laws. See By-Laws
for present text".
tJon-material errors or omissions in the t3y-Laws amendment
k process shall n~r_ im~ali~3ate an otherwise E~ro~:erly prorrtrlyated
amendment.
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