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HomeMy WebLinkAbout082623.2 ~Re uired roval. No provision of this Declaration or of t~ie ex i its hereto which requires in order to be effective, operational or enacted, a vote of the unit owners greater than that required in Paraqraph 23 above, shall be changed by any amendment to this Declaration or to the exhibits hereto insofar as they pertain to said provision(s) unless in addition to all other requirements of Paraqraph 23 being met, said change shall be approved by a vote of the membership not less than that required by this Declaration or exhibits hereto, whichever shall be applicable, to effect such provision. 23.3 Ric~hts of Institutional Mortgagees. No amendment or change to this Declaration or to the exhibits hereto shall be effective to affect or impair the validity or priority of a first mortgage held by an Institutional Mortgagee encumbering a Condominium parcel, or to affect or impair the rights granted herein to Institutional Mortgagees, without the written consent thereto by the Institutional Mortgag~e owning and holding the mortgage encumbering the parcel, which consent shall be executed with the formalities required for deeds and recorded with the amendment. 23.4 Scrivener's Errors. If it appears that through scrivener's error all of the cQmmon expenses or interests in the common surplus or all of the common elements have not been distributed in this Declaration such that the sum total of the shares of com~non elements which have been distributed or the sum total of the shares of the common expenses or ownership of common surplus fails to equal 100$; or, if it appears that through such error more than 100$ of the common elements, common expenses, or ownership of the common surplus has been distributed; or if it appears that through scrivener's error a unit has not been designated an appropriate undivided share of the common elements, common expenses, or common surplus; or if it appears that there is an omission or error in this Declaration or in any other documents required by law to establish this Condominium, the Association may correct the errar or omission by an amenciment to this Declaration or other documents by resolution of the Board of Directors of the Association approved by a majority of the whole number of directors, or by a majority vote of the unit awners voting at a meeting of unit owners called at least in part for the purpose, at which a quorum is present. If such an amendment, considered and ~pproved pursuant to this subparagraph, materially adversely affects property rights of unit owners, the unit owners whose property rights are so materially adversely affected must consent to the amendment in writing in order for the amendment to become effective. If the amendment, considered and approved pursuant to~this subparagraph, modifies the shares of common expenses, common elements or common surplus appurtenant to one or more units, then the owners of the units and the owners of liens upon the units for which changes in the shares of common elements or common expenses or common surplus are being made, must consent in writing to such amendment in order for such amendment to be effective. For the purpose of this subparagraph, no unit owner's property rights shall be deemed to be materially adversely affected nor shall his share of the common elements, common expense or common surplus be deemed modified for reason of the modification of the shares of common exper.se, common elements or common surplus appurtenant or attributable to another unit. -30- 'r t 3 FEE. KOBLEGAR~ 8~ TEEL. P. A. ATTORNEYS AT LAW . POST OFFICE BOX 1000 FORT P~ERCE. FLORIDA 33450 TtLEPMON[=1305/461-3020 BOOKJ~~ PJIGf S~'~ ~ _ "3~ .s.:..--_~e'~n--~