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HomeMy WebLinkAbout2992 deemed to be for the best interests of the Asaociation and its members. ARTICLE X CBNERAL PROVISIONS Section 1. Amendments. Anything in this Declaration to the contrary notwithstanding, this Declaration of Covenants and Restrictions may be amended from time to time by recording among the Public Records of St. Lucie County, Florida, an instrument executed by the President and attested to by the Secretary . of the Association indicating that at a meeting called for that purpose, the fee owners of two-thirds (2/3) of the Lots in the hereinabove described property have approved such amendment. Provided, however, no such amendment may be made prior to the date on which control of the Asaociation is turned over to the Class "A" Members as provided herein, without written consent of General Development Corporation, its successors and/or assigns; provided further that no amendment affecting the rights or obligations of General Development•Corporation, it successors or assigns, may be made after the "turn over" without written consent of General Development Corporation, its successors or assigns; and that no such amendment shall affect or interfere with vested rights previou~ly acquired by Lot or llnit OWners; provided further that any amendment which would affect the surface water management system, including the water management portions of the co~on areas, as provided in Article XI hereof, must have the prior. approval of the South Florida Water Management District. Section 2. Duration. Except as provided in Section 1 hereof, the covenants and restrictions of this Declaration shall run with and bind the land, and shall inure to the benefit of and be enforceable by the Association, or the Owner of any land subject to this Declaration and their respective legal representatives, heirs, successors, and assigns, for a term-of twenty (20) years from the date this Declaration is recorded, unless the same be amended, modified or revised pursuant to the provisions of Section 1 of this Article. Thereafter, and after the expiration of said initial twenty, (20) year period, said covenants shall be sutomatically extended for successive periods of ten (10) years unless amended, modified, or revised as provided in Section 1 of this Article. Section 3. Notices. Any notice required to be sent to an_y Member or O~mer under the provisions of this Declaration shall be deemed to have been properly sent when mailed, postpaid, to the last knawn address of the person -21- R~~K ~4s PA~~~~s7