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HomeMy WebLinkAbout0482 ?y ~ S~~ 14i~ri~ ~\\v DF.CLARA'tION OF CONDOMINIUM OF TARPON BAY YACHT CLUB CONDOMINIUM B S.C.S. TARPON BAY, INC., a Florida corporation, ("Declarant"), for itself, its successors, grantees and assigns, being the owner of the fee simple title to the real property in St. Lucie County, Florida, more particularly described in Exhibit "A" attached hereto and incorporated herein by reference (herein- after referred to as the "Land), hereby submits the Land and the improvements thereon in fee simple to condominium ownership pursuant to the provisions of Chapter 718, Florida Statutes, hereinafter referred to as the "Condominium Act", in existence as of the date of this Declaration, upon the terms, conditions, restrictions, reservatians and limitations hereinafter set forth. NOW, THEREFORE, S.C.S. TARPON BA Y, INC. and HASCO TARPON BAY, INC., both Florida corporations, a joint venture D/B/A TARPON BAY (hereinafter "Developer), make the following declarations: 1. STATEMENT OF PURPOSE. The purpose of this Declaration is to submit the Land .and the improvements thereon to the condo- minium form of ownership and use in the manner provided in the Condominium Act. Except where variances permitted by law appear in this Declaration, in the exhibits attached hereto, or in lawful amendments to any of them, the provisions of the Condominium Act, as constituted on the date of this Declaration, including the definitions therein contained, are adopted and included herein by express reference. All restrictions, reservations, covenants, conditions and easements contained herein shall constitute covenants running with the land or equitable servitudes upon the land, as the case may be, and shall rule perpetually unless terminated as provided herein, and shall be binding upon all unit owners. In consideration of receiving and by acceptance of a grant, devise or mortgage, all grantees, devisees or mortgagees, their heirs, personal representatives, successors and assigns, and all parties claiming by, through or under such persons, ayree to be bound by the provisions hereof, and all exhibits hereto. Both j the burdens imposed and the benefits provided shall run with each unit and the interests in common property appurtenant thereto, as defined herein. 1.1 Name and Address. The name by which this Condominium is to be known and identified is TARPOtt BAY YACHT i:LUB ~ CONDOMINIUM B, and its address is Tarpon Bay Yacht Club, 3100 Pruitt Road, Port St. Lucie, Florida. ~ 1.2 The Land. The legal description of the Land, I which is hereby being submitted to condominium ownership, is attached hereto as Exhibit "A" and incorporated herein by reference. 2. DEFINITIONS. As used herein, in the exhibits attached hereto, and in all amendments hereto, unless the context requires otherwise: 2.1 P.ssessment means a share of the funds required ~ for the payment of common expenses, which from time to time is assessed against the unit owners. t 2.2 Association means TARPON BAY YACH`t CLUB CONDOMINIUM B ASSOCIATION, INC., the entity responsible for the operation of this Condominium, except to the extent limited herein. A copy of the Articles of Incorporation of the This Instrument Was Prepared By And should be returned to' DWIGHT 1. COOL DC-1 ~ GUNSTER, YOAKLEY. CRISER 6 STEWART r PROFESSbNAL ASSOCIATION Stuart Plata -Suite 420 96t Colorado Avenue e~ Stuart. Florida 33494 80~K34J 'r~GE ~ ' . t!