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HomeMy WebLinkAbout1690 1 . ~ 1 6. The Association is hereby granted the right, without approval of the IInit Week Owners to open the Floating Use Plan and enter into one or more Reciprocal Reservation System Agreement(s) to incZude units in other projects ("Other Projects"), and allow Owners of Unit Weeks committed to the Floating Use Plan to be assigned possession and use of floating use periods in units of such Other Projects and vice versa. If the Association elects to open the Floating Use Plan, then the Owners of IInit Weeks committed to the Floating IIse Plan in the Condominium will be provided a priority reservation period within which to reserve a Floating Use Period in the Gondominium. During that priority reservation period, owners from the Other Projects will not have the opportunity to make reservations for Floating IIse Periods in the Condominium, but must wait to make reservations until after the expiration of such priority reservation period. V. The provisions of Article 7 are amended as set forth below with new words underlined and deleted words lined throu~h The entire Article 7, as amended, is set forth below for clarification. 7. COMMON ELEMENTS AND L I M I TED COM1tON ELE1~F.lYTS ~ ENERA~ PROVTSIONS : ~ ~l! ~ The undivided share in the common elements) appurtenant to each Estate is set forth in Article 4 hereof. As, if and when Phase II is added, the shares in the common elements shall be adjusted as shown in Article 4 hereof. ~ The common elements of the Condominium shalll include: The Condominium Property exclusive of the Units) as defined in Article 5 hereof. The furniture, furnishings and other tangible personal property (and replacements thereof) submitted to condominium ownership and located within each IInit and the balcony adjacent to each IInit, sha11 be limited common elements and the use and enjoyment thereof shall be reserved ezclusively to the Owners of.IInit Weeks in such Unit, except to the v~son[s) entitled to occunancv of! at Unit from time to time ~at~t@~iL ~t#~~d1f~d ~d~i it~~E 1~~#~~ ( ~~td ~~~d~i~~~~~ ~ ~~~~it~~~ V~~ ~~#~~'~~~?It ~~if~#~d ~~it~ ~6~ ~ i V~~tt W~~~ ~V~$# ~~#~~~~i~ ~C~ ~#il~dx~ For purposes I of other provisions of this Declaration, limited common elements sha11 be included within the meaning of common elements unless the context otherwise requires. - 10 - BOOKU74 PAGE1~~ , - , _ . ~~¢y'~'~~~:%~~~~~~~~~~ ~..u,~.~:~A~~