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for the benefit of the Developer. So long as the Developer owns title
to any of the apartments to be qoverened by this Condominium Association,
and offers them for sale in the ordinary course of business, the follow-
ing actions may not be taken without approval in writing by the Developer:
(a) Assessment of the Developer as an owner for capital
improvements.
(b) Any action taken by the Condominium Association that
would be detrimental to the sales of apartments by the Developer.
ARTICLE XI
AMENDMENTS
Prior to the relinquishment of control of the Board
of Directors by the Developer, these By-Laws may be amended by a
majority vote of the Board of Directors. Subsequent to such time,
amendments to these By-Laws may be made by a two-thirds vote of
members of the Condominium Association. Amendments may be made at
the annual meeting of inembers, or at special meetings pursuant to
notice clearly setting forth the proposed amendments. Al1 amendments
shall be certified by the President and Secretary and recorded in the
Public Records of St. Lucie County, Florida, as amendments to the
Declaration of Condominium pertaining to INDIWE CONDOMINIUM, INC.,
in accordance with the terms of said Declaration. No amendments may
be made which would in any way limit or interfere with the authority
and control of the Developer as herein provided.
I HEREBY CERTIFY that the foregoing By-~aws were
duly adopted at the first meeting of the Board of Directors of
INDIVLE CONDQMINIUM, INC.
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