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99101529
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Last modified
3/13/2012 1:51:53 PM
Creation date
10/20/2005 10:20:24 PM
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DEEDS
Inst Number
99101529
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.lf -u �i� � l.a�\ . ;�. ..�ry�: �c :..p:..� - r.....+ �y . �... , , . <br /> R t:tii� �c�! ���e';'..` � J.,. y ��. :� � i �1 ,�-�.,,. <br /> --,� u14���t` �1`,�{Y�}p,)t 1`�2`qs'� ���' . . -.t+•,. - +I�f� i���� � :��'•..1.. . <br /> ��N; t� ,f n . � � CL .�4v �r�,����`5�S 1�d v�li���'�rl,�\ <br /> � _r:����;';;i�• . ,'�t;`�.s',,t.. :"i�`-�iiti���7.� ' <br /> ; • .. � . <br /> ,. � -: <br /> ' .. . .:�_� � - � _ � ... .,i .,. <br /> '!'`,. <br /> . .._; : . .. . - i <br /> � ..� .. ; r ' + -...._. .. . � <br /> r ��� r.� <br /> i .. ' "' "'__._'—__—�_" __ <br /> , �:. . <br /> �� .. . �� � n _„�_ _ ' <br /> ,. - •- <br /> ' "' <br /> �=��c-=T.. . . . . . _ - _ .,. _- -_ _ <br /> G f r�a° ---y{��^if.i�+ili�l..�tr /.,��"Fywr s__°l_-`____ „f '�.. —.�._._�,,.-_.. _-�...—-- <br /> .. � <br /> • <br /> .�.. -�.-.-. . .... ' •- . . '. 'z ' <br /> id J'�4�`���a� --. <br /> otho� than tho �oClAront� ut loast ono 11) ma�nbor and not loss <br /> than twanty t(vo por�ent t��R�►) �f tho mombare �f thv �xoct�tivo <br /> �a�r� of Dlr�ctora sh�ll ba Qts�stad oxaluaiveiY bV t�n�t ownora _.- <br /> othur then the Dealerar�t. Nat later th�n nlxtV 1�01 d�ys �ftar _ <br /> conveyenae ot fifty pnr�arj4 i���) r�f tt�� ur�lts �arhlch rnc�� �A � <br /> a�oated tc► unit ownert� �thar than tho Doclorant� �rot lesa than <br /> thirty th�oe And one thlrci peraent (�31/3°ro) of the members of <br /> the Exoc�tivH Boerd of Dl�oatora ahail be elected ex�la�sivoly by <br /> unit ow�ers other than the Ooclo�ant. <br /> N�t late� than the te�minotlon at the perlod ot the Declarant's <br /> cont�o9� the unit owners shall oloct an Exeoutive Boord of �t loast <br /> three (31 members, et le�at the mc��arity of wham �nt��t b� unit <br /> owners. The ExeCUttve Boa�d shall elect th� otflcor�. The <br /> Executive Board mem�i�ma end officers shall take ofiica upon <br /> electlon. <br /> (b) Declarant �es�nrea� wiYhaut assent af ownera af units, tho �Ight <br /> to esteblish easements, �eservattons, exceptsvns and excluaions � <br /> consistent with thi� aor�dominium ownership and for the best <br /> in�orests of ail the ownera in tha c�ndominium, and to suppleme�t <br /> o� t�mend this Mast�er Deed and Declaretio�, or as amanded, o� <br /> th� �ttachet� �y-Laws �x as amonded, untU Declarent �el�ases <br /> co�trol of th� Associat�i•o�n aa set f�rth in (a! �of this A�ticl�. <br /> (cl f�eclarant fur�h�r reserves the right to add to the c�m�Iomfnium <br /> addisipnal real estato af one or more iots, and rese�rr�t#�s �1Aht - <br /> t� add more units t� 3ho condominium. In the event th�t <br /> �Arlal�nt exArcises tD�is right. the �eellocallon ot commo�ae . <br /> elements anzl expenses shatl be aocomplisheai by �s�nfl t�� <br /> formule set forEh in Article Vil horein. <br /> ld) Doalarant �oserves the �i�ht to use any �aniGa awnod by it �� <br /> modeis. Unti!aompletlo� of sales by Declarant of ��l �anticlpato� � <br /> units in the condomintum� th� r�servatior. of rig�hts in ttd9 <br /> parag�aph shali be �pp���abfe to any �eal estate or uni��added ao <br /> t�e con�iaminium. <br /> ARTICLE VII. ALLOGATED INT�REST <br /> � The all�cated intereat in referenca tp ��� undivid�d interest in the c�rnmon <br /> elementa and aommon expe�nse� of the Ass�v�iatio� heve been establiaheai upon a <br /> foemula utiNzing the aqua�e tootage of each ur�;2 lexclusive of basemants? divide+d�y <br /> the totai aqua�e tontage of all units (exclusiv� of aqua�e footage of basem�a�e3s): iP <br /> additional units are added to the aondominium, the aame formula as herein Ga� forth <br /> shall govem the alloc�t�d inte�eats after en addition in �eference to th� undivlded <br /> inte�ests In the commo�a e9emento and common expenaea of the Association. Each <br /> �it i� en�tled to ane I11 vato p�r uri�t and thia fo�mula shaH also govern in t�he event <br /> th►at addit�9n�0 t�nita ara added to�hls condominium. Ti�� alio�ated intoro�ts are as <br /> 4afIC►wa: ' <br /> Square Foot A�ea Percentage of Expe�sa in and <br /> (Excludi�g Basement) Rig9��ta In Common Elements Votes <br /> � Unit 9 2,666.37 6.64 � <br /> . Unit 2 �,058.88 4.48 � <br /> �� <br />_�� <br /> '�:: 4 <br />
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