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(m) Lakeview and Oceanview agree that the
improvements of each stage of each project shall be a
separate condominium which in the case of the Lakeview
Property will be subject to a master association and that
Bankers shall have the right to review and approve all
condominium documentation and sales contracts and
materials, in advance. In connection therewith Bankers ,
agrees that after it shall .have approved the documentation
~ for the first stage in each project, it shall
expeditiously review the condominium documents for
f subsequent stages; provided such documentation is similar
ii
to the documentation for the first stage of that project.
Accordingly, unless Bankers shall have given notice in
writing of its objections to condominium documentation for
subsequent stages within fifteen (15) days following the
receipt by Bankers and its attorneys of all condominium
documents, sales contracts and materials for a subsequent ;
stage, Bankers shall,be deemed to have waived such right
to review the documentation and will consent to the filing
_ of same and join therein as required by law. It is
understood and agreed that Bankers review and consent to
condominium documentation and joinder in the filing
thereof shall in no event be deemed an approval of the
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BOflK342 PAGE IU~
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