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Alt'l' I(:LL'S 01~ 1 NCOItI'OItA'!' 1 UN '` --
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sn~~ uo~.~.nii ~<<i.i.ns cONllUM1NlUhl ASSOCIA•rioN, itvc. ~~Y
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'Chc ~ui~lcrsi~;~icc1 ts~~ thc~c Articles as~ociate thcrosclvcs for thc
pur~~osc ol' forn~i»~; :~ ~orporatioi~ l~ot for ~~r~fit, undcr thc Statutes
of thc Statc of t'loricla and ccrti fy as follows ;
A li'1' I(: L L'• 1
NA~1 li
'1'hc ii:»nc o f nc~ ~~rporatio» tiha 1 1 bc SANI) 110L1.1\IZ V l LLAS CnNDO-
b1INiU~1 ASSc)CIA7'ION, It~(:. l~or c:on~rrnicncc, thc ~arporation i,~ill be
referrecl to in tlzis instrwncnt as the Associ.ition.
AR'1'1C1.L• 2
PUIt{'OSL'
- 2.1. '1'hc pier~~osc for wliicl~ tlie ~lssociation is or~anized is to
Provicic an ent i ty ~itirsiia~it to .t}~c Con~lomi ~iitw~ Act ,-.liich is (:hartcr
718, l~loricl.i Stcitutes 1977, £or thc opcr.ition of S~1\1) I1(1LL/112~~~ILL/1S
CONDOT1Iiv1U~iS A, li, C, ll, and l:, located u~~on lancts lyi»~; ancl bcin~;
o~i Ilutcliiiis~~l 1s1:inJ, iii St. l.ucic Cou~ity, I~lori~ta, .uici wure p.irtic~i-
larly ~lescrihecl by Section 3 vf those certain lleclarations of Condo-
minium for SANU UOLLAR VILLAS COI~UO~iINIUMS A, B, C, ll, ancl L.
2.2. '1'1ic Association ~,~ill ~nakc no distributions of income to
its ~nembers, dircctors or officcrti:
AftTICLI: 3
POi~'L'RS
1'he ~~o-.•crs of thc ~lssociation h'ill incluJc and Ue boverned Uy
thc fol lo-.~in~ prov is ions .
3.1. 'I'hc fls~ociation will havc ail of thc com~noti la-. and
stattitory ~~owcrs of a corpoi't1t1011 not. for I~rofit that ai•e not i~i
contlict ~:ith the terms af these Articles.
3. 2. 'l'hc ilssoc ia t i on ~ai 11 have a 1 1 01 thc ~~owcrs and dut i es set
fortii in the Conctominium Act, exce~~t 1s 1 i~nitecl by the~e Articles
and the Ueclarations of Conclominium for the Conclominiums operated by
thc Association; and it -fil~l have all of the powers and ~iutics rea-
sonably necess~-ry.to operate saicl condominiums pursuant to their
scparate Uccl:irations of Condominium, as they ir.ay be amendeJ from timc
to time, i~ic:ludiiig but not limited to tiie following:
a. ';'o make ancl collect assess~nents against me~nbet-s to
clefray tlie costs, expe~ises and losses of the separate conclomi~iiums.
h. 'I'o ~~se the proceeds of assessments in the exercise of
i ts powers a~icl clutics .
~ c. 't'o b~iy ar lcasc bor.h rc.~l ancl ~~crsonal ~~rol~crty for
con~lornini~~m use, an~l to sell or Ot}1C1'H1SC clispo~se of property so
~1Ct~Ul I'Cll. , ~ • "
cl. 'I~o m:iintain, rcpair, rci~lacc .uicl oPcrate the condo-
minium propcrtics. ~
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aaoK348 PA~E1636
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