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DECLARATION OF CONDOMINIUM
OF
TARPOtJ BAY YACHT CLUB CONDOMINIUM G
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S.C.S. TARPON BAY, INC., a Florida corporation,
("Declarant");, for itself, its successnrs, grantees and assigns,
being the owner of the fee simple title to the real property in
~t. Lucie County, Florida, more particularly described in ~xhibit
"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 referr~d to as the "Condominium Act", in existence as
of the date of this Declaration, upon the terms, conditions,
restrictions, reservations and limitations hereinafter set forth.
NOW, THEREFORE, S.C.S. TARPON BAY, ZNC. and HASCO TARPON BAY,
INC., both Florida corporations, a joint venture D/B/A TARPON BAY
(hereinafter "Developer), make the following declarations:
l. STATEMENT OF PURPOSE. The pnrpose 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 ~ct,
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, agree to
be bound by the provisions hereof, and all exhibits hereto. Both
th~ burdens imposed and the benefits provided shall run with each
unit and the interests in common property appurtenant thereto, as
defined herein.
1.1 :1ame and Address. The name by which this
Condominium is to be known and identified is TARPON BAY YACHT CLUB
CONDOMINIUM G, 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,
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 Assessment means
for the payment of common expenses,
assessed against the unit owners.
a share of the funds required
whieh from time to time is
2.2 Association means TARPON BAY YACHT CLUB
CONDOMINIUM G 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 Insirument Was Prepared By
And should be returned to:
OWIGHT f. CG10L
:l1NSTER. YOAKLEY. CRISER 8 STEWART
PHOFESSIONAL ASSOCIATION
Stuarl P1aza - Suite 420
951 Colorado Avenue
Stuari. Florida 33t94
at}~K 34d P~G~ 109g
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