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<br />~ <br /> <br />200801692 <br /> <br />. <br /> <br />STARWOOD CENTRE CONDOMINIUMS UNIT OWNERS ASSOCIATION,INC. <br />BY-LAWS <br /> <br />SECTION I. <br />MEMBERS <br /> <br />A. Membership Classes. Members shall be divided into membership classes of declarant <br />members and resident members. <br />I.Declarant members shall be as follows: <br /> <br />a. The declarant member shall be Raymond J. O'Connor and Jennifer S. <br />O'Connor, Husband and Wife, or its assign. The declarant member shall have <br />three votes for each unit of which it is the owner, subject, however, to the <br />provisions of paragraph D, of this Section 1.. <br /> <br />b. Each declarant member shall retain membership throughout the duration of <br />the interest of such member as owner of a unit within the limits of any real <br />property included in the condominium regime. Membership shall be terminated <br />by gift, sale or other voluntary or involuntary transfer of such interest. <br /> <br />2. Resident members shall be as follows: <br /> <br />a.. Each individual contract purchaser or owner of a unit within the limits of <br />Starwood Centre Condominium Property Regime located upon Lot 1, Grand <br />Island Mall Eleventh Subdivision in the city of Grand Island, Hall County, <br />Nebraska, shall be a resident member and have one such membership for each <br />such unit; provided however, that when more than one person holds such an <br />interest in any unit, there shall be only one vote to be exercised in common as <br />the said owners shall among themselves determine, and in no event shall more <br />than one vote be cast with respect to said unit. <br /> <br />b. Each membership of each resident member shall continue throughout the <br />duration of ownership of the equitable interest of such member as owner or <br />contract purchaser of a unit within the limits of Starwood Centre Condominium <br />Property Regime and shall be terminated forthwith upon the termination by <br />death, by gift, by sale, or other voluntary or involuntary transfer of such <br />equitable interest. <br /> <br />8. Equalization of Voting. At such time as the Board of Directors shall be informed that the <br />total number of votes held and exercised by the resident members equal or exceeds the <br />number of votes held and exercisable by the declarant member or, on December 31, 2012, <br />whichever event is the earliest to occur, then in either of such events, the votes held and <br />exercisable by the declarant members shall be one vote per lot. <br /> <br />C. Meetings. Meetings of members shall be held as follows: <br /> <br />1. The annual meetings of the members shall be held on the first Tuesday in September <br />