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HomeMy WebLinkAbout1638s e. 'I'o ~~urchase insui-ance for the co~i~lominium properties; and insurance fc~r the ~~rotectiort of the Association and its me~ubc~1's as conclouii nium uni t o~~rners . ~ f. 7'o rec~n~tt•iir.t im~~roveme~its after casualty atid to further in~~~rovc rl~e ~on~lomini~im i~ropcrties. ~;. 'fo ~uakc and ~unciia rcasonable re~ulations respectinb thc usc ol the condominium propcrtics. . h. 'l'o .~~~~~i•ovc or disaPprovc thc tran~l~cr, mortga~c 111(I ownci•sliiP uf coi~clominiwn units as zuay bc ~~i•ovidcd hy thc sc~~arate Ucclarations of Condominium anJ thc 13ylaws of thc Association. i. 'fo cn~lorse hy 1 c~;:~l mc~tn~ thc prov i s ions o f thc Conclo- mitii~un nct, thc sc~~:ir.itc 1)cclai•ations of Conac~mi~iium these Articleti, thc t3~•1 a~. s o f rl~c ~~tioc:iation ancl thc Itcg«l at ions for thc usc o f thc conclo~ninium ~ pro~~crtics. j. 7'o contract for the mana~;anent ancl operation of the condaniniums, incluclin~; their common ele~nents; ancl to thereby dele~;ate all powers anJ ~uties of the ASSOC11t1011, except such as are specifi- cally requirecl to have ap~roval of the 13oarcl of Uirectors or of the membcrslii~~ of ti~c ~~ssociatio~i. ' - k. 'I'o cc~ntr~icL for thc mana~;cmrnt or o~~cration of such portions of thc common clements of tiie co~iclominiums as .ii-e susc:cl~tible to SC~11-atc m.ina~;c~ne~t and operatio~i, aiicl to brant leases of those portions for this purpose. 1. 'l'o eiiter into leases, as Lessce. m. 'I'o eml~loy pei•sonnel to pez-form the servic~es rec~uired for the i~roper~ manabe~uent and operation of thc con~lominiun-s. ~ 3.3. ~\11 1'~u~cl~, except such portioii~ thei-eof as .ire exj~e~icied £or thc common exj~cnscs ol thc conclominiwn, anci thc titlcs of aIl propertics ~.i12 hc }iclcl in triist for thc members of thc ~lssociatioii, in accor~laiice -,itl~ their respecti~~e intei-e~ts under the se~~arate 1)eclarations of Conci~minitun, ancl in accordancc ~~rith thc provi,~ions of these Ai•ticles of lncorporation ancl the Bylaws of tlie Association. 3.4. "fhe ~~o~~ers of the tlssociation -vill he subject to ancl ~.ill be exerc i seJ ~~iel i n accorclance wi th the prov i sions of t}ie se~~arate lleclarations of Condominium ancl the B~~laws of thc Association. AR'1'ICLE 4 A1L'h1BL•RS ~t.l. 7'hc mcmhcrs of thc Associatio~~ will co»sist of all oF thc recor~ o~~ners of the conclominium units in the condominiums, saicl conclominium u~iits bcin~ a~~~irt~nents of v~i-iou~ types; aiicl aftci- tei-- mination oC any conclominium ti,~ill consist of tt~ose ~,~ho ~acre membcrs of the tet-min;~tec! condaninium at tlie time of siich termination, their successors :lI1cI :~s~i~;ns, and of the recorcl owners o£ conclominium units in tlic rcmaining conclominiums. ~ ~ ~ 4.2. nftc~r receivin~ aP~~roval of the Atisociation, chan~;e of ineml~erslii~~ i,rill he estahl isheJ by recordin~; in the publ ic records of St. Lucic Cou~ity, I~loricl:i, a cleccl or otlier instrument estahlishinb a recorcl title to a c:onclominium wiit ancl by the delivery to the ~ ~ ~ ~`~~~- .. ._ _ _. __ .. _.. - 2 - BOOK348 PbGE163`7 ~ ~ . .. ,r z ;~~