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HomeMy WebLinkAboutIndian Ridge "'1- '., , .' t.., , '-:----::--; . 4.-:"' " 'l:;\ 'l:"$. ,<<..r':-:~ ., ...t , "~ i\:", \~ -~ . ~1'" .,," }~ ""':S 1'\\ ~ " I ~ ':",.' "","],\ "y ./ ,,) '1-.... .;2 ~ ,_ '-i 1=t'J d\'(~ R _' 2 6 2 0 i 6 I , ~vO~ PACE OfFICIAl RECORD SEMIHO~E CO. flA. JG~ ~~NDMENT TO DECLARATION OF CONDOMINIUM OF INDIAN RIDGE A CONDOMINIUM WHEREAS, Declarations of Condominium were filed in the Public Records of Semino~e County, Florida on March 27, 1979 in Official Records Book 1215, Page 1875, and Amendments thereto were filed August 15, 1979 in Official Records Book 1238, Page 1349; and WHEREAS, the Developer has not conveyed seventy-five percent (75%) of the units and may amend the Declarations pursuant to its terms: . NOW THEREFORE, KNOW ALL ~mN BY THESE PRESENTS, that the Developer files these Amendments to the following Sections which shall supercede the Sections of the Declarations and Amendments previously filed: ARTICLE SIXTH A. Share of Common Expense. Each unit owner shall be liable for a proportionate share of the common,. expenses, and shall share in the common surplus, such shares being the same as the undivided share in the common elements which are appurtenant to the units owned by him. Provided, however, that during any period of time when one or more-units, having been destroyed by a casualty, are pending reconstruction, the common expenses attributable to the maintenance and operation of the remaining units shall be assessed only to the owners of those remaining units and in the proportions which their respective shares in tne common elements bear to each other. Maintenance fees and assessments shall not apply to un- completed units nor shall they apply to units being utilized by the Developer as models, and as each unit is sold the Developer shall contribute $60.00 for two months' assessments to the escrow account set up within the Condominium Association. ARTICLE SE~rnNTH (I) 1. When unit owners other than the De"reloper ow"n fifteen percent (15%) or more of the units in a cO:1doro:iniul'n t.nat- will be opera tee. ultimately by an )\ssociation I tbe unit o'..mers ot.her t!1an the Developer shall be entitled to elect not less than one-third {1/3} of the me~~ers of the Board of Administration of the Assoc- -1- ~ .~~. ~ . 800~ ?AG~ ~fFlCle RE:~O~O SE~"IOLE. CO. fLt... Developer are en~itled to iation. Unit owners other than the elect not less than a majority of the members of the Board of Administration of an Association: (a) Three (3) years after fifty percent (50%) of the units that will be operated ultimately by the Association have been conveyed to purchasers; (b) Three (3) months after ninety percent (901) of the units that will be operated ultimately by the Association have been conveyed to purchasers; (e) When all the units that will be operated' ultimately by the Association have been completed, some of them have been conveyed to purchasers, and none of the others are being offered for sale by the Developer in the ordinary course of busi- ness; (d) When some of the units have been conveyed to purchasers and none of the-others are being constructed or offer- ed for sale by the Developer in the ordinary course of business; (e) By January 1, 1984,.. or whichever of the above occurs first. The Developer is entitl- ed to elect at least one (1) member of the Board of Administration - . of the Association as long as the Developer holds'~or sale in the ordinary course of business any unit in a condominium operated by the Association. ARTICLE EIGHTH (E) 1. ~ense of the Trust. AI1.expenses of the Insur- ro1ce Trustee shall be paid from the common expenses of the Association. J!.RTICI,E THIRTEENTH A. Agreement. The condominium may be terminated at any time by the approval in writing of all of the owners of the :'J ., conuoTInn~um, and all record owners of mortgages upon uni ts therf~in mmed by a bank, life insurance company, federal savings and lOnD . . aSSCI.;:.a t~on, Federal National Mortgage Association and Federal Home Loa.:1 Corpo- ration. If the proposed termination is submitted to a lH:Stin.g of the rneliliers of the Association, the notice of which meeting vies notice of the proposed termination, and if the Bpprov21 of ~~;e -2- ......__..---__..-":..~.~-.-~______..~ '*"'............._~:lli:.~ otroersof not . eo~. . 2 ?':,\53 OHICIA, !~ECO!\O , SE~IHOJ..r r.(l f lA less than seventy-f~ve percent (/S%) or the common , elements, and of the record owners of mortgages upon units there- in owned by a bank, life insurance company, federal savings and loan association, Federal National Mortgage Association and Federal Home Loan Corporation, are not obtained later than thirty (30) days from the date of such rnetting, the approving owners shall have the option to buy all of the units of the other owners for the period ending on the 60th day from the date of such meeting. Such option shall be upon the following terms: (1.), (2.), (3.), (4.) . IN WITNESS WHEREOF, the D~ve1oper hai7executed this &~endment to the Declarations this t4 day of ~~~~LL^_h 1979. Signed, sealed and delivered in the presenceIf!~~.. .__ . ~tfJ~ By ~~ I. SWORN TO.AN~UBSCRI~ BEFORE ~.~..t ,.s".6. day of R..,(fLt/J k,.,L1 ",: '\.I.A-S iii'" ~~ ,,' .~:v;::) .h.., ., . ~ 0 ~ ," ". ~ '" .ct .. ~ ~f '-"'..L' . /C)~~o' r c?ub;-fl~, '.State of Florlda : ,.., : c: \ -\ .:". ~ '.' ~~~M~Cq.~s~r6 Expires: .C". \. . . ", '/U -J .. ~ . .~ ....t~. . r.> \:n.~ / I ~ if'd- .~(f4 . ..' ~~j . '1, il,. #II ": ') .,- , ."",., ..J ~ ,.... . \ _ ""'U\."\\\.\ ~ .' .~. ". " .. .~. - . . . . -. tl. . '. '~' ': < ~, ... Ior".~ ...',..' . ..~ ...' . 1.... ..1.t I. . -# ~#. ....1.. -.". 'r- 1 .' "., {.. ., 1979. CERTIFIED COpy MTHIJR H. BEC!i\'IfTH. JR. CUR~. OF IrE C'''CUIl CO::RT s.W!r;l'lf cou:;rt r: \'" fl.' ~ /l '; .. ("-.' ,> . By ~._I:Lt-r.~ /1.1:1/: _.",...:1.// j' /-J.' ' ---,1".. tV ~~~t...:-;{-=,~/ n: D:':~)' Clch ./' r:81e__.L=~L-0:U C- t" - :;:;... C] ., ;.: -;.;- . -r r , r0 " " cr.. "2 . Q.) - ;;.v ~ CO - - , - \-~ L'.' C) 7- - :~ .-' ~ .. .<'f~ ~ ..... '::1'::.- tV .., ... , - -.~ ;: ~i .-"- ..... I':"" ..br.. ~~ 0 .~ -c= ."l {..,::,::, -3- .(~Io.~~ _ . . . '". .'" .. .!' . . I. - AMENDMENT TO DECLARATION OF CONDOMINIUM OF INDIAN RIDGE :x::- = (;":) ( .~ " t.n CJ A CONDOMINIUM * * * * * * * * * * * * * * " l , Ul ...c... Cl1 WHEREAS, Declaratioffiof Condominium were f~led fp the Public Records of Seminole County on March 27, l:.979,Zih Official Records Book 1215, at page 1875; and, WHEREAS, several errors appeared therein, and The Devel- oper has not conveyed seventy-five percent (75%) of the units and may amend the Declarations pur~uant to its terms; NOW THEREFORE, KNOW ALL MEN BY THESE PRESENTS, THAT the Developer files these amended Declarations, which shall supercede the Declar- ation of Condominium recorded in Official Records Book 1215, at page 1875, Public Records of Seminole County, Florid~: PIRST - PURPOSE. The purpose of this Declaration is to submit the lands herein described as Phase I and the improve- ments now or hereafter constructed thereon to the condominium form of ownership and use in the manner provided by Chapter 718, Florida Statutes, herein called the Condominium Act. In addition, the Developer plans to develop 40 units in Phase II. Units 1 through 44 are completed for Phase I; and the units in Phase II are to be completed by approximately September 1, 1979. The addi- tion of Phases II and III as they are completed will alter till' percentage of ownership in the common elements and the voting rights as to quorum under these declarations. A. Name. The name by which this Condominium is to be ~~ identified is INDIAN RIDGE. The name of the Condominium Associ-~] ~ ation shall be INDIAN RIDGE CONDOMINIUM ASSOCIATION, INC. The ~Z ~ address of the Association is Post Office Box 476, Casselberry,~.; -.,', 0) Florida, 32707. ~ . r- '.- B. The Land. The lands owned by the Developer which are hereby submitted to the condominium form of ownership under Phase I and Phase II of INDIAN RIDGE are the following described lands lying in Casselberry, Florida, Seminole County, to-wit: .. ., <----' ;", ~ ..[l-.. (e> Phase I From the centerline intersection of Moss Road and Longwood- Oviedo Road, run thence S. 88023'43" E. along the centerline of Longwood-Oviedo Road 701.16 feet; thence N.Ol036'18" E. 351.56 feet to the point of c~vature of a curve concave Easterly with a radius of 924.31 feet, a central angle of 24025'48"; run thence along the arc of said curve 394.11 feet to the point of tangency; run thence N.26002'06" E. 143.08 feet for a point of beginning; continue thence further N.26002'06" E.. .320.40 feet; thence S. 56050'32" E. 645.31 feet to the Westerly right-of-way line of Sherry Avenue; thence run S.26002'06"W. along said Westerly right-Of-way line 307.81 feet, thence N. 57057'15" W. 643.87 feet to the point of beginning, containing 4.6173 acres more or less. (See Exhibit "A") " ; . .. fI . ,1 .. . . Phase II From the centerline intersection of Moss Road and Longwood- Oviedo Road, run thence S. 88023'42" E. along the centerline of Longwood-Oviedo Road 701.16 feet; thence N.Ol036'18' E. 351.56 feet to the point of curvature of a curve concave Easterly with a radius of 924.31 feet, a central angle of 24025'48"; run thence along the arc of said curve 394.11 feet to the point of tangency; run thence N.26002'06" E. 463.48 feet for a point of beginning; continue thence further N.26002'06" E. 55.83 feet; thence N. l4055'35"E.150.00 feet; thence S.75004'25"E. 130.28 feet; thence N.89048'59"E.86.79 feeti thence S.1703A'19"W. 96.92 foeti tht'l1c(' S.59039'lO"E.169.28 feet; thence S.52047'41"E. 163.19 feeti thence N.13009'18"E.319.95 feet; thence S.83000'59"E. 127.45 feet to the Westerly right-of-way line of Sherry Avenuei thence run S.14052'25"W. along said Westerly right-of-way line, 368.47 feet; thence S.26002'06"W. 198.25 feet; thence leaving said Westerly right-of-way line, run N.56050'32"W. 645.31 feet to the point of beginning, containing 4.1032 acres more or less. (See Exhibit "A" ) which lands are herein called "the land." C. Additional lands owned by the Developer which may be submitted to the condominium form of ownership as Phase III are the following described lands lying in Casselberry, Florida, to-wit: (SEE EXHIBIT "B" ATTACHED HERETO) Phase III If developed will add 36 additional units. SECOND - DEFINITIONS. The terms used herein and in the By-Laws shall have the meanings stated in the Condominium Act and as follows unless the context otherwise requires: A. Assessment means a share of the funds required for the payment of common expenses, which from time to time are assessed against the unit owner. c:n (.n" J f'T'":""'"' B. Association means the corporate entity respon- X' sible for the operation of the condominium, to-wit: INDIAN Ri~f,E CONDOMINIUM ASSOCIATION, INC., AND ITS SUCCESSORS. N ( ...) ( 1I'1 I ' ,. C. Board of Administration means the Board Directors or other representative body responsible for tion of the Association. of J" d .. " L) a m 1 n 1 S t r t\ - . en C D. By-Laws means the Association By-Laws for the government of the condominium as they exist from time to time. E. Common Elements means the portions of the condominium property not included in ~he unit or apartment and shall include: 1. The tangible personal property requ ired for t1H' maintenance and operation of the condominium, even though owned by the Association. 2. The personal property and installations required for furnishing utility and other services to the units other than the unit containing the irrstallation concerned, such as electric power, gas, hot and cold water, heating, refrigeration, air conditioning, garbage and sewer disposal, telephone, cable tele- vioion, nnd which installations shull include tanks, moloru, pumps, fans, compressors, antennas, ducts, conduits, plumbing, wiring and other facilities. - 2 - . . . . e . ; 3. Easements, including but not limited to easements for support, access, ingress and egress. 4. The land and buildings not included in the several units includes the clubhouse, tennis courts, swimming pool, parking areas, sidewalks and streets and roads. 5. All other portions or elements of the con- dominium property which are rationally of common use or necessity to the existence, upkeep and safety of the condomin- ium. 6. Non-exclusive easement for the streets, roadways, and walks for egress and ingress. 7. Land designated as the greenbelt areas in and around the condominium. F. Common Expenses means the expenses and assess- ments for which the several unit owners are liable to the Association and include: 1. Expenses of administration; expenses of maintenance, operation, repair or replacement of the common elements; and of the portion of apartments to be maintained by the Association. 2. Expenses declared common expenses by provis- ions of this Declaration, by the By-Laws or by proper resolution of the Association. 3. Any valid charge against the condominium as a whole. G. Common surplus means the excess of all receipts of the Association, including but not limited to assessments, rents, profits and revenues on account of the common elements, over the amount of common expenses. Common surplus also in- cludes the net book value of the undepreciated tangible per- sonal property included in common elements. H. Condominium means that form of ownership of real property which is comprised of units that may be owned by one or more persons and there is appurtenant to each unit an un- divided share in the common elements. w I. Condominium parcel means a unit together with the Ln undivided share in the common elements which is appurtenant to the unit. J. Condominium property means the land and personal property included in the condomrnium, whether or not contiquous, and all improvements thereon and all easements and rights appur- tenant thereto intended for use in connection with the condominium. K. The Condominium Documents shall be this Declaration together with the following exhibits which are made a part hereof: Exhibit C - Form of Warranty Deed to be given by the Developer to the initial purchaser; Exhibit D - Composite survey and plot plan of the land and buildings and cert- ificate of surveyor of Phase I and Phase II including Recreation Area; -3- ., . e . .. Exhibit E - Floor plan of the building and elevations of Phase I and II; Exhibit F - Articles of Incorporation and By-Laws of INDIAN RIDGE CONDOMINIUM ASSOCATION, INC. L. The Developer means Indian Ridge Patio Homes, Inc. successors, transferees or assigns. M. Patio Unit means a part of the condominium proper- ty which is subject to private ownership and is synonymous with "Unit". N. Record Owner means a fee simple owner as reflected by the Seminole County, Florida, Public Records, or Records of the Association. O. Singular, plural gender means whenever the context so permits the use of the singular shall include the plural, the plural the singular, and the use of any gender shall be deemed to include all genders. P. Unit means a part of the condominium property which is subject to private ownership and is synonymous with "Unit." Q. Un i t owner means the fee simple owner 0 f ,} COI1- dominium parcef~or-theowner of any lesser estate excluding, however, a tenant or lessee, and also excluding the Association if it acquires title to one or more of the units. R. Utility Services as used in the Condominium Act and construed with reference to this condominium, and as used in this Declaration and By-Laws, shall include but not be limited to electric power, telephone, cable television, gas, hot and cold water, heating, refrigeration, air conditioning, garb~ge, trash and sewage disposal. THIRD - DEVELOPMENT PLAN. The condominium is described and established as follows: ", (,..., c." A. Survey and Plot Plan. A survey and plot plan of ~~ the land in Phases I and II showing the patio units and im- -~x provements being submitted to a condominium by the Declaration~~ shown as Exhibit D. ::' r' 0..) t>- : " N <..) en B. Easements. Easements are reserved through the condominium property as may be required for utility services in order to adequately serve the condominium; provided, however, such easements through a unit shall be only according to the plans and specifications for th~ unit, or as the building is constructed, unless approved in writing by the unit owner. - .r. -; ,. .: <.....) cn r'\...> C. Improvements. The improvements upon the land include and will be limited to the following: 1. Condominium Units. Phase I of this condo- minium is composed of 44 units, which units are more particularly described in Section FOUR, entitled "The Units". Phase II of the condominium is composed of 40 units, all of which are more particularly described in Section FOUR entitled "The Units". -4- . . e e A 2.. Other Improveme!1 ts_~_ All Phases of the con- dominium has as part of unit's common elements; the clubhouse, tennis courts, swimming pool, storage areas, landscaping, greenbelt areas, parking areas, sidewalks and streets and road. D. Patio Units. General Provisions. The following provision shall apply to each Patio Unit: 1. Boundaries. Each Patio Unit shall include the real property designated on the plot plan and the building thereon. E. Common Elements. The common elements shall include the land and all other parts of the condominium not within the units. F. !,m~.!.l_~.n.l('nt _~~_El_~~!~9___(m_e]_(:otnl~1~:_~ig~)__~~r ddd it Ion of i_m"p_~ovemen ts. 1. Alteration of unit plans. Developer reserves the right to change the designed arri:mgement of all units, and to alter the boundaries of and between units, so long as Developer owns the units altered. No such change shall increase the number of units beyond a total of 44 for Phase I and 40 for Phase II, nor alter the boundaries of the common elements so as to decrease its total area, without amendment of this Declaration by approval of the Association, unit owners, and owners of mortgages in the manner elsewhere provided. If Developer s~all make any changes in units so authorized, such chances shall be reflected by an (lmendmcnt of this Declaration. If more than one' unit: 1~, conce~nj(-.d, the Developer shall apportion bc'tw('('n thc' Ilrll t~; t h., shares of the common elements which are appurtenant to thc' 11I\it~; concerned. FOURTH - THE PATIO UNITS. The Patio units of the Condominium are described more particularly and the entitlements and obliga- tions of the owners established as follows: A. Exhibit E delineates the patio unit floor plans. B. Unit Models are designated A, B, C and D, within Phase I and II. Each unit is identified by the use of a number C](![;ignation as shown on the unit plun. C. Appurtenances to shall own a share and certain which are appurtenant to this the following items which are as indicated: Units. The owners of each unit interest in the condominium property unit, including but not limited to appurtenant to the several unit~; . I:: 1'.) ( ,) 1. Common Elements and common surplus. The und i vi d0d share in --th('--Tan2I~--;;:wrrTlminq---Dooj~ cl\ii)h()ll;~(" h'nn i!~ courts, greenbelt areas, streets, sidewalks, rights-o[-wdY, storage areas and parking areas and other common elements and c. in the common surplus which is -tlopurtenant to each uni t is as "1 follows: ' ) An undivided i/44 share to each unit owner at the completion of Phase I, and an undivided 1/84 share to each unit owner at the completion of Phase II. If Phase III is completed the share of each unit owner at the completion thereof will be 1/120. - 5 - . ' e e 1 2. Automobile parking space. The common element including parking areas for automobiles for unit owners and their guests. 3. Association Membership. ~he membership of each unit owner in the Association and the interest of each unit owner in the funds and assets held by the Association. 4. Liability for Common Expenses. Each unit owner shall be liable for a proportionate share of 1/44 at the completion of Phase I, 1/84 at the completion of Phase II, and 1/120 if Phase III is completed of the common expenses. Provided, however, the Developer shall not have its share of the common expenses which are assessed against the units during 1 year period of time, which period of time the Developer does hereby guarantee with the unit owners that the assessment for common expenses will not increase over $30.00 and in the event said assessment does exceed $30.00, the Developer obligates itself to pay any excess. FIFTH - MAINTENANCE, ALTERATION AND IMPROVEMENTS. Re- sponsibility for the maintenance of the condominium property, and restrictions upon the alteration and improvement thereof shall be as follows: A. Units. 1. By the Unit Owner. The responsibility of the unit owner shall be as follows: (a) To maintain, repair and replace at his expense, all portions of his unit. In the event the unit onw~r fails to effect necessary repairs to his unit, then the Association shall have the right to enter upon the premises during the day- light hours, upon twenty-four (24) hours written notice to the Owner prior to effecting emergency or necessary repairs. The cost of said repairs being charged to the unit owner as an additional assessment. (b) To promptly report to the Association any defect or need for repairs the responsibility for the rcmcdyinll ~ of which is that of the Association. fll t,ll .1 rT" , ~, N c.,) en ., r 2. (a) Alteration and Improvement. Except as elsewhere reserved to Developer, neither a unit owner nor the t~l.' Association shall make any alterations or remove any portion of ~ ~ the unit or make any additions thereto, or do anything which would; jeopardize the safety or soundness of the unit or change or alter the exterior design or color, or the aesthetic scheme of the units or impair any easement, street or right-of-way without first obtaining approval in writing of the Board of Di rectors of t hI' Association and the Architectural Control Committee herein created. w en ~ (b) The Developer shall appoint a three member Architectural Control Committee to review any alteration or im- provement proposed to a unit by a unit owner. The unit owner must receive written permission from the Committee as plans submitted to it prior to commencing any alteration or improvement. Once the Developer has sold eighty (80%) percent of the units submitted to condorninum herein, the Committee shall cease and all approvals thereafter have to be approved only by the Board of Directors of the Association. - 6 - ",' e e .1' 1 (c) If any unit or portion thereof, or the common elements or any portion thereof is the subject matter of any condemnation or eminent domain proceeding or is oth('rwise sought to be acquired by a condemning authority, then the in- stitutional holder of any first mortgage on a unit will be entitled to timely written notice of any such proceedings or proposed acquisition and no provision of any document shall entitle the owner of a unit or any party to priority over any such institutional holder with respect to distribution to such unit of the proceeds of any award or settlement. B. Common Elements. 1. By the Association. The maintenance and operation of the common elements shall be the responsibility and the expense of the Association. 2. Alteration, Impr.ovement and Addi t ions. Except as elsewhere reserved to the Developer, after the completion of the improvements included in the common elements which are con- templated by this Declaration, there shall be no alteration, further improvements, nor additions to the common elements, without prior approval in writing by the record owners of not less than seventy-five (75%) percent of the unit owners. The share of any costs shall be assessed to all unit owners in the shares which their shares in the common element bear to the other. Major additions to the common elements may be acquired only with the approval of not less than seventy-five (75%) pl'rccnt of the unit owners. 3. In the event any portion of the common elements encroaches upon any unit or any unit encroaches upon common elements as a result of the construction, reconstruction, repair, drifting, settlement or movement of any portion of the development a valid easement for the encroachment and for the maintenance of the same shall exist so long as the encroachment exists. SIXTH - UNIT ASSESSMENTS. The making and collection of assessments against un"! t owners for common expenses shed 1 be pursuant to the By-Laws and subject to the following provisions: , A. Share of common expense. Each unit owner shall be liable for a proportionate share of the COflffion expenses, and shall share in the common surplus, such shares being the same as the undivided share in the common elements which is appur~0% tenant to the units owned by him. Provided, however, that dUf~n~ any period of time when one or more units, having been dest1;~ed c.) by a casualty, are pending reconstruction, the common expen~~ attributable to the maintenance and operation of the remainin9 units shall be assessed only to the owners of those remainirlg units and in the proportions which their respective shares in~,. the common elements bear to each other. Maintenance fees <1nd' assessments shall not apply to uncompleted units nor shC1l1 tJwy apply to units being utilized by the Developer as models. en G..) Ul en B. Interest, appl ica tion of payments. Asscssmt'nts and installments thereon paid on or before ten (10) days after the date when due shall not bear interest, but all sums not paid on or before ten (10) days after the date when due shall bear interest at the rate of ten (10%) percent per annum from the date when due until paid. All payments upon account shall be - 7- " , . " I - e I \ fil.~;t .lppli('cJ to interc'st dnd then to thl' .1~;~;('s~;nl('nL ,dL('r payment first due. If such assessment shall remain unpaid longer than ten (10) days after the due date, then the Association shall automatically have a lien, in the amount of such assessment against the non-paying owner's unit, provided, however said lien shall be subordinate to any first mortgage on the unit prior to the date of any such common expense assessments when due. C. Li en for i1~)r;('Sr;nH'n ts. 'T'hr~ I i en as prov i d('d above for unpalcl assessmenEs':sTiiiTT also secure reasonabl(~ attorney's fees incurred by the Association incident to the collection of such assessment or enforcement of such lien. D. Rental Pending foreclosure. In any foreclosure of a lien for assessments the o~mer of the unit subject to the lien shall be required to pay a reasonable rental for the unit, and the Association shall be entitled to the appointment of a receiver to collect the same. E. First Mortgagee. Each holder of a first mortgage lien on a unit whom may come into possession of the unit by vir- ture of a mortgage or by Deed or Assignment, in lieu of foreclosure, or any purchase at a foreclosure sale, will take the unit free of <lilY Clil irn~; for unpaid i1SSl'S~;rn('nts ilnd ch;1rqc's dqd in~;t t hc' Illli t wllich accrue prior to the time such holder comes into possession of the unit, except for claims for a pro-rata share of such assessments or charges resulting from a pro-rata realocation of such assessments or taxes to all unit owners including the mortgaged unit. SEVENTH - ASSOCIATION. The operation of the condominium shall be by a non-profit Florida corporation and shall fulfill its functions pursuant to the following provtsions: A. Name. The name of the Association is INDIAN RIDGE CONDOMINIUM ASSOCIATION, INC. B. Powers. The Association has all of the powers and duties set forth in Chapter 718, Florida Statutes, and any granted by statutory or common law (except as limited by this Declaration and the By-Laws) and all of the powers and duties reasonably necessary to operate the condominium as set forth in this Declaration and the said Association's By-Laws, and as the~,~ maybe amended from time to time, a copy of which is attached as ~. f'..) Exhibit F. ,.- (',,) en C. Members. , . .. 1. Qualification. The members of this Associatiop G0 shall consist of all of the record owners of units in each Phase Ln of this Condominium. The Association has no right of first re- OJ fusal or any similar right in regards to a unit owner selling or transferring or conveying the unit. 2. Change of Membership. After receiving the approval of the Association elsewhere required, change of member- ship in the Association shall be established by recordinq in the Pulbic Records of Seminole County, Florida, a Deed or other in- strument cstilblishinq a record title to a unit in thc' Condominium and the delivery to the Association of a certified copy of such instrument, the owner designated by such instruments thereby becoming a member of the Association. The membership of the prior owner shall thereby terminate. - 8 - " . . . . . . . 3. Voting Rights. The members of the Association , shall be entitled to cast one (1) vote for each unit owned by them. At the completion and sale of all units in Phase I, there shall be 44 members and 44 votes, and at the completion and sale of all units in Phase II, there shall be 84 members and 84 votes. If Phase III is developed there shall be 120 members and 120 votes. Phase III is proposed to be completed by years after the proposed completion date, then all existing units then completed and submitted to the Condomium shall constitute one hundred (100%) percent of members and votes. 4. Designatio~~ Vo.!}ng Repres~nt~l_!:_ivc. If a uni t is owned by one person, his right to vote shall be esLl- blished by the record title to his unit. If a unit is owned by more than one person, or is under lease, the person entitled to cast the vote for the unit shall be designated by a certificate signed by all of the record owners of the unit and filed with the Secretary of the Association. If a unit is owned by a Corporation, the person entitled to cast the vote for the unit shall be desig- nated by a certificate of appointment signed by the President or Vice-President and attested by the'Secretary or Assistant Secre- tary of the Corporation and filed with the Secretary of the Association. Such certificates shall be valid until revoked or until superseded by a subsequent certificate or until a ChdTHJl' in the ownership of the unit concered. A certificate designating the person entitled to cast the vote of a unit may be revoked by any owner thereof. 5. Approval or Disapproval of Matters. Whenever the decision of a unit owner is required upon any matter, whether or not the subject of an Association meeting, such decision shall be expressed by the same person who would cast the vote of such owner if in an Association meeting, unless the joinder of record owners is specifically required by this Declaration. 6. Restraint Upon Assignment of Shares in Assets. The share of a member in the funds and assets of the Association cannot be assigned, hypothecated or transferred in any manner except as an appurtenance to his unit. 7. Limitation of Liability. The Liability of any member is limited to the amounts for which he is assessed from time to time in accordance with this Declaration. D. Board of Directors. The affairs of the Associ<ltion,,' shall be conducted by a Board of five (5) Directors who sha 11 be:;: l desiqnated in the manner provided in the By-Laws. ~) ( .) E. Indemnification. Every Director and every officer of the Association shall be indemnified by the Association against all expenses and liabilities, including counsel fces, rc'i1son,lb ly :' incurred by or imposed upon him in connection with any proceeding to which he may be a party, or in which he may become involved, by reason of his being or having been a Director or officer of the Association, or any settlement thereof, whether or not he is a Director of or officer at the time such expenses are incurred, except in such cases wherein the Director or officer is adjudged guilty of willful misfeasance or malfeasance in the perform<lnce of his duties; provided, th<lt in the event of a settlement the in- demnification herein shall apply only when the BOdrd of Directors approves such settlement and reimbursement as being for the best interests of the Association. The foregoing rights of indemni- fication shall be in addition to and not exclusive of all other rights of which such Director or officer may be entitled. (I \ ( A ' en --,) - 9 - " . . . F. Limitation Upon Liability of Association. Not- withstanding the duty of the Association to maintain and repair parts of the condominium property, the Association shall not be liable for injury or damage, other than the cost of maintenance and repair, caused by any latent condition of the property to be muintained and rc'puired by the l\ssociation, or cllus('d by t1w elements or other owners or persons. G. By-Laws. The By-Laws of the Association shall be in the form attached as Exhibit F. H. Agent to Receive Services of Process. The following person, who is a resident of the State of Florida, is designated as agent to receive service of process upon the Association: GARY E. ~~SSEY, ESQUIRE 165 Whooping Loop Altamonte Spring, ~lorida 32701 (305) 834-8111 I. Hights of Developer. The Developer hc'rl'by n'~:\'IVI':1 unto itself, its successors and assigns, all right to the manaqe- ment and control of the affairs of the Association and the riqht to appoin t members of the Board of Directors of the l\ssoc i;\ t ion as set forth hereinafter: 1. When unit owners other than the Developer own fifteen (15%) percent or more of the units in a condominium that will be operated ultimately by an Association, the unit owners other than the Developer shall be entitled to elect not less than one-third (1/3) of the members of the Board of Administration of the l\ssociation. Unit owners other than the Developer are en- titled to elect not less than a majority of the members of the Board of Administration of an Association: (a) Three (3) years after fifty (50%) percent of the units that will be operated ultimately by the Association have been conveyed to purchasers; (b) Three (3) months after ninety (90%) percent of the units that will be operated ultimately by the l\ssoeiatinn have been conveyed to purchasers; (c) When all the units that will be operated0)~ ultimately by the Association have been completed, some of them~; have been conveyed to purchasers, and none of the others are b~ing offered for sale by the Developer in the ordinary course of ~~- business; or N C...) CD r. (d) When some of the units have been conveye~" LJ to purchasers and one of the others are being constructed or offerefrn for sale by the Developer in the ordinary course of business, (~) whichever occurs first. The Developer is entitled to elect at least one (1) member of the Board of Administration of an Associa- tion as long as the Developer holds for sale in the ordinary course of business any unit in a condominium operah'cl by tilt' Association. 2. Within sixty (60) days after the unit owners other than the Developer are entitled to elect a member or members of the Board of Administration of an Association, the Association shall call, and give not less than thirty (30) days or more than forty (40) days notice of, a meeting of the unit owners to elect the members of the Board of Administration. The meeting may be called and the notice given by any unit owner if the Association fails to do so. - 10 - :2' " . " . e 3. Provided however, any Management Agreement will be terminated by the Association within thirty (30) days written notice thereof and this term of any such Agreement shall not excc'cd onc (1) y(~ar, cxcc'pt that it mtlY be renewed by mutual consent from year to year. EIGHTH - INSURANCE. The insurance, other than title in- surance, which shall be carried upon the condominium property and the property of the unit owners shall be governed by the following provisions: A. Authority to Purchase. All insurance policies upon the condominium property comprising the cornmon elements shall be purchased by the Association for the benefit of the Association, and the owners, and their mortgagees, as their interest may appear. B. Coverage. 1. Casualty. All buildings and improvements upon the land and all personal property included in the cornmon elements shall be insured in an amount equal to the maximum insurable replacement value, excluding foundation and excavation costs, as determined annually by the Board of Directors of the Association. Such coverage shall afford protection against: (a) Loss or damage by fire and oUwr h,lZ<lrds covered by standard extended coverage endorsements, and (b) Such other risks from time to time shall be customarily covered with respect to buildings similar in construction location and use as the buildings on the land, in- cluding, but not limited to vandalism and malicious mischief. 2. Liability. Public liability insurance in such amounts and with such coverage as shall be required by the Board of Directors of the Association, including but not limited to hired automobile and non-owned automobile coverages, and with cross liability endorsement to cover liabilities of the unit owners as a group to a unit owner. 3. Workmen's Compensation. Workmen's compen- sation policy to meet the requirements of law. 4. Other insurance. Such other insurance as the Board of Directors of the Association shall determine from t~ - to time to be desirable. ~} N ..,-; (0-) c. Premiums. Premiums upon insurance policies pur- chased by the Association shall be paid by the Association ~~, a common expense. en c. D. Insurance Trustee, sharf'S of Procc'('(ls. !Ill (11 in:;ur,Hlco polic os purCll<-ls(iJuEy-t:.Flc;'-i\'ssociiltion ~;]ldll 1)(' t(ll lilt' ""~ benefit of the Association and the unit owners and their mortgagees as their interest may appear, and shall provide that all proceeds covering property losses shall be paid to COMBANK/SEMINOLE COUNTY, , as Trustee, which Trustee is herein referred to as the "Insurance Trustee". The Insurance Trustee shall not be liable for payment of premiums nor for the renewal or the sufficiency of policies nor for the failure to collect any insurance proceeds. The duty of the Insurance Trustee shall be to receive such proceeds as are paid and hold the same in trust for the purposes elsewhere stated herein and for the benefit of the unit owners and their mortgagees in the following shares, but - 11 - -~ , 'l . ; e e which shares need not be set forth on the records of the Insurance Trustees: 1. Common Flc:ments. Procee'ds on account of d.lln.lqc' to common c lemon t s - an-'undTvTcft:-d-sha re for each un i t ownc'r, ~~\It 'h nhilre being the same as the undivided share in the cornmC)!1 ('I"IlIt'llts appurtenant to his unit. E. Distribution of proceeds. Proceeds of insurance policies received by the Insurance Trustee shall be distributed to or for the benefit of the beneficial owners in the following manner: 1. ~~pen.:~C?i._!:_b~_:!:~_'!_!?t. All expenses of the Insurance Trustee shall be paid first or provision made therefor. 2. Reconstruction or Repair. If the damage for which the proceeds are paid is to be repalred or reconstructed, the remaining proceeds shall be paid to defray the cost thereof as elsewhere provided. Any proceeds remaining after defraying such costs shall be distributed to the beneficial owners. 3. Failure to Reconstruct or Repair. If it is determined in the manner elsewhere provided that the damage for which the proceeds are paid shall not be reconstructed or repaired, the remaining proceeds shall be distributed to the beneficial owners. 4. Mortgagee:. In the event of substant i a 1 d,lmdq(' to or destruction of-c:my"unIt or any part of the common elc'm('nts any institutional holder of any first mortgage on a unit will be entitled to timely written notice of any such damaqe or destrul,tion and all insurance proceeds shall be first payable to the Trustee: on behalf of the institutional holder of the first mortgage. 5. Certificate. In making distribution to unit owners the Insurance Trustee may rely upon a certificate of the Association as to the names of the unit onwers and their respective shares of the distribution. 0' ". N t: F. Association as Agent. The l\ssociation is hc'n'hy,. irrevocably appoInted agent for each unit owner and for each own~r of any other interest in the condo~inium property to adjust all" claims arising under insurance policies purchased by the Associa~ . tion and to execute and deliver releases upon the payment of claims. 0j " en c' ( ..') en NINTH - RECONSTRUCTION OR REPAIR AFTER CASUALTY. A. Determination to r~~onstruct_ or _r::.~p~~Lr::. If any Jlil rt 0 f the cond()mi nTum pr0pC'rty sha 11 be dam;HJf'd by C,1:.tl,11 t y , whc.ther or not it shall be reconstructed or repaired shilll be determined in the following manner: 1. Common element. If the damaged improvement is a common element, the damagea-property shall be reconstructed or repaired, unless it is determined in the manner elsewhere provided that the condominium shall be terminated. B. Plans and specifications. Any reconstruction or repair must be substantially in accordance with the plans and specifications for the original building, portions of which are attached hereto as Exhibit's; or if not, then according to plans and specifications approved by the Board of Directors of the Association. - 12 - e e c. Res29.nsibility. The responsibility of reconstruction and repair after casualty shall be that of the Association. D. Estimate of costs. Immc'diatcly aftc'r the cl\!>Udlty loss, the Assoc{atlon--shall-h05tain reliable and detai led esti- mates of the cost to rebuild or repair. E. Assessments. If the proceeds of insurance are not sufficient to defray the estimated costs of reconstruction and repair by the Association, or if at any time during recon- struction and repair or upon completion of reconstruction and repair, the funds for the payment of the costs thereof are in- sufficient, assessments shall be made against all unit owners in sufficient amounts to provide funds for the payment of such costs. Such assessments on account of damage to common elements shall be in proportion to the owner's share in the common elements. F. Construction funds. The funds for payment of cost of reconstruction and repair after casualty, which shall consist of proceeds of insurance held by the lnsurance Trustee and funds collected by the Association from the assessments against unit owners, shall be disbursed in payment of such costs in the following manner: 1. Association. If the total of assessments made by the Association in order to provide funds for payment of costs or reconstruction and repair whi ch is the' r('~;pon~-; i!J i 1 i ty of the Association is more than $5,000.00, then the sums pilid upon such assessments shall be deposited by the Association with the Insurance Trustee. In all other cases, the Association shall hold the sums paid upon such assessments and disburse the same in payment of the costs of reconstruction and repair. 2. Insurance Trustee. The proceeds of insurance collected on account of a casualty, and the sums deposited with' the Insurance Trustee by the Association from collections of ~ assessments against unit owners on account of such casualty, shall constitute a construction fund which shall be disbursed in p~ymc'nt of the costs of reconstruction and repair in th(' follOW; nq manner: N (.) \ l' t A,. , en (a) Association-Lesser damage. If the amount of the estimated costs of reconstruction and repair which is the responsibility of the Association is less than %5,000.00 then the construction fund shall be disbursed in payment of such costs upon the order of the Association~ provided, however, that upon request to the Insurance Trustee by a mortgagee which is a bene- ficiary of an insurance policy the proc(~C'ds of which an' in- cluded in the construction fund, such fund shall be disbursed in the manner hereafter provided for the construction and repair of major damage. (b) As~~c~ation - Major Damage. If the amount of the estimated costs of reconstruction and repair which is the responsibility of the Association is more than $5,000.00, then the construction fund shall be disbursed in payment of such costs in the manner required by the Board of Directors of the Association and upon approval of an architect qualified to practice in Florida and employed by the Association to supervise the work. (c) 9ur2l~s. It shall be presumed that the first monies disbursed in payment of costs of reconstruction and repair shall be from insurance proceeds. If there is a ba l.mce in a construction fund after payment of all costs of the recon- struction and repair for which the fund is established, such balance shall be distributed to the beneficial owners of the fund in the manner elsewhere stated. - 13 - e e (d) Certificate. Notwithstanding the provisions herein, the Insurance Trustee shall not be required to determine whether or not sums paid by unit owners upon assess- ments shall be deposited by the Association with the Insurance rrrust('(~, nor to determine whether the d i sbu rscmen t s from UH~ construction fund are to be upon the Order of the Association or upon approval of an architect or otherwise, nor whether a disbursement is to be made from the construction fund nor to determine the payee nor the amount to be paid, nor to determine whether surplus funds to be distributed are less than the assess- ments paid by owners. Instead, the Insurance Trustee may rely upon a certificate of the Association made by its President and Secretary as to any or all of such matters and stating the sums to be paid are due and properly payable and stating that the name of the payee and the amount to be paid; provided that when a mortgagee is hereby required to be named as payee the In- surance Trustee shall also name the mortgagee as payee; and further provided that when the Association, or a mortgagee which is the beneficinry of an insurance policy, the proceeds of which are includeo in the construction fun'd, so requires the approval of an architect named by the Association shall be first obtained by the Association. TENTH - USE RESTRICTIONS. The use of the property of the condominium shall be in accordance with the following provisions so long as the condominium exists upon the land: A. Units. Each of the units shall be occupied by a single family, its servants and guests, as a residence and for no other purpose. Except as reserved to Developer, no unit may be divided or subdivided into a smaller unit, nor any portion thereof sold or otherwise transferred, without first amending this Declaration to show the changes in the units to be affected thereby and without the prior written approval of the holder of any first mortgage lien on such unit. B. used only for furnishing of apartments. Common Elements. The common elements shall be the purposes for which they are intended in the services and facilities for the enjoyment of the OJ V>D rr .1 "1: '0 N (..) -" .1'_ r" t 1 I C. Nuisances. No nuisances shall be allowed upon the' condominium property, nor any use or practice which is the source of annoyance to residents or which intereferes with the peaceful possession and proper use of the property by its resi- dents. All parts of the property shall be kept in a clean and sanitary condition, and no rubbish, refuse or garbage allowed to accumulate nor any fire hazard allowed to exist. No unit owner shall permit any use of his apartment or make any use of common elements which will increase the rate of insurance upon the con- dominium property. . ~ , W ,'I m r,) D. Lawful Use. No immoral, improper, offensive or unlawful use shall be made of the condominium property nor any pnrt thereof; and all valid laws, zoning ordinnnces nnd rcqu- lations of all governmental bodies having jurisdiction thereof shall be observed. The responsibility of meeting the require- ments of governmental bodies which require maintenance, modifi- cation or repair of the condominium property shall be the same as the responsibility for the maintenance and repair of the property concerned. - 14 - l e e , . E. LeZlsing. Aftc~r ZlpprovZll by the ^ssociation any C'ntire units-InZlY b€~ rented provi<iocl the occupt\ncy is only by tl)(. L(~r-;[iC'(~ ar1(1 his family ,tl.l(~ir scrVllrlts an(l (1U(~f~L~;. ;)\1C'11 leasing shall be in accordance vlith the rules and regulations adopted, from time to time, by the Roard of nirectors of the Association and the terms of any lease shall be subject in all respects to the provisions of these Declarations and the By-Laws of the Association and any failure on the part of any lessee to comply with the terms of these documents shall be in default under the lease and be in default, in addition, of these Declarations. All leases shall be required to be in writing with the exception of a lender in possession of a condominium unit following a de- fault in a first mortgage, a foreclosure proceeding or any other deed or other arrZlngement in lieu of foreclosure!, no unit ownl'r shall be permitted to lease his unit for transient or hotel pur- poses and shall not lease less than the entire unit. F. Regulations. Reasonable regulations concerning the use of the condominium property may be made and amended from time to time by the Board of Directors of the Association; provided, however, that all such regulations and amendments thereto shall be approved by not less than two-thirds (2/3) of the votes of the AssociZltion before such shnll become effective. Members of the Association not present at meetings considering such regulations or amendments thereto may express their approval in writing. Copies of such regulations and amendments thereto shall be furnished by the Association to all unit owners and residents of the Condominium upon request. G. Proviso. Provided, however, that until Developer has completed and sold all of the existing units of the Condominium, neither the unit owners nor the Association nor the use of the Condominium property shall interfere with the comple- tion of the contemplated improvements and the sales, including but not limited to maintenance of a sales office, the showinG of the property and the display of signs. ell (.J")( ,n r ELEVENTH - COMPLIANCE AND DEFAULT. Each uni t owner sh."111 "1 r be governed by and shall comply with the terms of the Declaratio~ of Condominium, By-Laws and regulations adopted pursuant thereto~, and said documents and regulations as they may be amended from time to time. Failure of unit owners to comply therewith shall ~ entitle the Association or other unit owners to the following relief in addition to the remidies provided by the Condominium Act: ~ N (..) ( I ' W '" 0') t...:> A. Negligence. A unit owner shall be liable for the expense of any maintenance, repair or replacement rendered necessary by his act, neglect or carelessness or by that of any memher of his fumily, or his or their guests, employees, a(lents, or less('('5, but only to the extent that such expense is not met by the proceeds of insurance carried by the Association. Such liability shall in- clude any increase in fire insurance rates occasioned by the use, misuse, occupancy or abandonment of a unit or its appurtenances, or of the common elements. B. Costs of Attorney's Fees. In any proceeding arising }')('cduse of an alleged failure of a unit owner t.O comply with Uw terms of the Declaration, By-Laws and Regulations adopted pur~;ll.lllt thereto, and said documents and regulations as they may be amended from time to time, the prevailing party shall be entitled to re- cover the costs of the proceeding and such reasonable attorney's fees as may be awarded by the Court. - 15 - e e . . C. No Waiver of Rights. The failure of the Association or any unit owner to enforce any covenant, restriction or toher provision of the Condominium Act, this Declaration, the By-Laws, or the regulations adopted pursuant thereto, shall not constitute a waiver of the right to do so thereafter. TWELFTH - AMENDMENTS. This Declaration of Condominium and the By-Laws of INDIAN RIDGE CONDOMINIUM ASSOCIATION, INC., may be amended in the following manner as well as in the manner elsewhere provided: A. AMENDMENT BY DEVELOPER: 1. Anytime prior to seventy-five (75%) percent of the units submitted to the condominium pursuant to this Declaration being conveyed by the Developer, the Developer may change the configuration or size of any condominium unit owned by the Developer and may change, alter or modify the appurtenances to the umt and amend the common elements by an amendment to this Declaration. 2. The Developer may develop this project in Phases I and II and III. B. Amendment by Association: 1. Notice. Notice of the subject matter of a proposed amendment shall be included in the notice of any meeting at which a proposed amendment is considered. 2. Resolution. A resolution adoptinq a proposed amendment may be proposed by either the Board of Direc- tors of the Association or by the members of the Association. Directors and members not present at the meetings concerning the amendment may express their approval in writing. Except as elsewhere provided, such approvals must be either by OJ (/)0 J'T"Q :r .... N Lv cn -'1 ;r: ( i) not less than seventy-five Association; or not less than two (2) directors and, (75%) percent of the members of the ~) (ii) until the first election of director';s, en only by all of the directors, provided the amendment does not in- ~~ crease the number of units nor alter the boundaries of the common elements. .... 3. Proviso. Provided, however, that no amendment shall discriminate against any unit owner unless the unit owner so affected shall consent; and no amendment shall change a share in the common elements appurtenant to it, or increase the owner's share of the common expenses, unless the record owner of the unit concerned and all record owners of mortgages thereon shall join in the execution of the amendment. Neither shall an Clm(~ndmcn t of th is Dec lara tion make any change in the see t i on ('11- titled "Insurance" nor the section entitled "Reconstruction or repair after casualty" unless the record owners of all mortgages upon units in the condominium shall join in the execution of the amendment. 4. Execution and Recording. A copy of each amendment shall be attached to a certificate certifying that the amendment was duly adopted, which certificate shall be executed by the officers of the Association with formalities of a Deed. The amendment shall be effective when such certificate and copy of the amendment are recorded in the Public Records of Seminole County, Florida. - 16 - e e TIJIR'I'EENTH - TERMINATION. The condomini urn may be term] nuted itl the fo-:rEJwTnq marmer in acraltion to the molH\er providf'd by the. Condominium Act: A. Agreement. The condominium may be terminated at any time by the approval in writing of ull of the owners of the condo- minium, and all record owners of mortgages and upon units therein owned by a bank, life insurance company or a federal savings and loan association. If the proposed termination is submitted to a meeting of the members of the Association, the notice of which meeting vies notice of the proposed termination, and if the approval of the owners of not less than seventy five (75%) percent of the common elements, and of the record owners of all mnrtq,HWs upon units in the condominium owned by i1 bi1nk, 1 i f(, insurdnce company or a federal savings and loan associi1tio!1, ilre obtained not later than thirty (30) days from the date of such meeting, the the approving owners shall have an option to buy all of the units of the other owners for the period ending on the 60th day from the date of such meeting. Such option shall be upon the following terms: 1. Exercise of option. The option shall be exercised by delivery or mailing by registered mail to each of the record own0rs of the uni ts to be purchased of an agn~emcnt to purchasl' signed by the record owners of units who will participate in the purchase. Such Aqreement shall indicate which units will be purchased by each participating owner and shall agree to purchase all of the units owned by owners not approving the termination, but the agreement shall effect a separate contract between each seller and his purchaser. 2. Price. The sale price of each unit shall be the fair market value determined by agreement between the seller and purchaser within thirty (30) days from the d~livery or mailing of such agreement, and in the absence of agreement as to price, it shall be determined by arbitration in accordance with the then existing rules of the American Arbitration Association, except that the arbitrators shall be two appraisers appointed by the American Arbitration Association who shall buse their deter- mination upon an average of their appraisals on the unit; and the judgment of specific performance of the sale upon the award rendered by the arbitrators may be entered in any court of com- petent jurisdiction. The expense of the arbitration shall be paid by the purchaser. :;1 " .' 1"....) ( .) ( Y' ~ ::':J .' 3. Payment. The purchase price shall be paid in cash. w en (f! 4. ~lo~l~~. The sale shall be closed within thrity (30) days following the determination of the sale price. C. Certificate. The termination of the condominium in either of the foregoing manners shall be evidenced by a certi- ficate of the Association executed by its President and Secretary certifying as to facts effecting the termination, which certificate shall become effective upon being recorded in the Public Records of Seminole County, Florida. D. Share of Owners after termination. After termination of tllr. cond()mJI'i-ilirll-fh(~-um t own(-;-rs --sliill-T-"C;wn the condom in i um proDerty and all assets of the Association as tenants in common in undivided shares, and their respective mortgagees and licnees shall have the mortgages and liens upon the respective undivided shares of the unit owners. Such undivided shares of the unit owners shall be the same as the undivided shares in the cornman elements appurtenant to the owners units prior to the termination- - 17 - e e E. Amendment. This section concerning termination cannot be amended without consent of all unit owners and of all owners of mortgages required to approve termination by Agreement. FOURTEENTH - FIRST MORTGAGE HOLDERS. Any institutional holder of a first mortgage on a unit will be, upon request, entitled to: A. Inspect the books and records of INDIAN RIDGE CONDOMINIUM and the Association during normal business hours; B. Receive an annual audited financial statement of INDIAN RIDGE CONDOMINIUM ASSOCIATION within ninety (90) days of the end of the fiscal year and; C. Written notice of all. meetings of the owners Association and shall be permitted to designate a representative to attend all meetings. FIFTEENTH - SEVERABILITY. The invalidity in whole or in p~rt of--any covenunt or restriction, or uny section, subsection, sentence, clause, phrase or word, or other providion of this Declaration of Condominium and the By-Laws and regulations of the Association shall not affect the validity of the remaining portions thereof. IN WITNESS WHEREOF, the Developer has executed this Dccluration the day and year first above written. OJ (,"\, , 1"'1, "\ C r'\.) ;-: <r L') ~j f- en ':.J :-"J r~ .-: 1. w ,q m rn ealed delivered of: By: ATTEST: LJ/~ fj ~ Secretary e e STATE OF FLORIDA COUNTY OF SEMINOLE BEFORE ME, personally appeared, STANLEY MELNICK and LINDA B. PEEK, President and Secretary of the foregoing Corpora t ion, respective ly, who, <1cknowledgcd be for(~ m(~ that they were duly authorized to act for and on behalf of the foregoing Corporation, and that they did so for the purposes expressed within the foregoing Declaration of Condominium. WITNESS my hand and official seal, this the ;7:1... day of ~!b~ ,1979. r:J "----7 L1' ! / . -:/' .---.J-- /..'4~rL. / /!_lI2~LL2L:L- Notary Public, State of Florid<1 (SEAL) My Commission Expires: ..0' At.V 'Uet!( ~l Mt Of FLO~'!)A AT l"'''c;a MY COW~I~ION (JJI..r~ m. t119il ICNDfO I HRIJ ~E" ;f~"'lIN). U;OI~:,RII [U 4'.1\ " ,.,....J ' .' . ~ . . . . ...... """", .,,' \ " 01 <,.I''> '.~; rT" ,,:": c . -.,., :r N (J en ':J J '. '.- J L.) en --J tl e e ,2\5 [893 , , 1_ "r: a00' . ' >J._ S E M I Wi U r: 0 'J to TY Fl OJ< lOt LEGAL DESCRIPTION PHASE ONE From the centerline intersection of Moss Road and Longwood- Oviedo Road, run thense S. 88023'42"E. along the centerline of Lonqwood Oviedo Road 701.16 feet~ thence N. 01036'18" E. 351.56 feet to the point of curvature of a curve concave Easterly with a radius of 924.31 feet, a central angle of 24025'48"~ run thence along the arc of said curve 394.11 feet to the point of tangency~ run t.hence N.26002'06"E. 143.08 feet for a point of beginning~ continue thence further N. 26002'06"E. 320.40 feet; thence S.56050'32"E. 645.31 feet to the Westerly right-of-way line of Sherry Avenue~ thence run S. 26002'06" W. along said Westerly right-of-way line 307.81 feet; thence N. 57057'15" W. 643.87 feet to the point of beginning, containing 4.6173 acres more or less. PHASE TWO From the centerline intersection of Moss Road and Longwood- Oviedo Road, run thence S.88023'42" E. along the centerline of Lonqwood-Oviedo Hoael 701.16 feet; thence N. 01036'lR"r'~. 351.56 feet to the point of curvature of a curve concave Easterly with a radius of 924.31 feet, a central angle of 24025'48"; run thence along the arc of said curve 394.11 feet to the point of tangE:ncy~ run thence N. 26002'06"E. 463.48 feet for a point of beginning; continue thence further N.26002'06" E. 55.83 feet; thence N.14055'35"E. 150.00 feet; thence S. 75004'25"E. 130.28 feet~ thence N.89048'59"E. 86.79 feet~ thence S.17038'19"W. 96.92 feet; thence S. 59039'10"E. 169.28 feet~ thence S. 52047'41"E. 163.19 feet; thence N. 13009'18"E. 319.95 feet; thence S.83000'59"E. 127.45 feet to the Westerly right-of-way line of Sherry Avenue: thence run S.14052'25"W. along said Westerly right-of-way line, 368.47 feet; thence S. 26002'06"W. 198.25 feet; thence leaving said Westerly right-of-way line, run N. 56050'32"W. 645.31 feet to the point of beginning, containing 4.1032 acres more or less. III ll'l l ') l"T':~ 'C ." N (.) en -"r :-' C"; j 0. RECREATION TRACT - ,L -.i '., 0-) (J") ('{I From the centerline intersection of Moss Road and Lonqwood- Ovipdo Road, run thence S. 88023'42"E. along the centc.rlinc of Longwood-Oviedo Road 701.16 feet; thence N. 01036'18"E. 351.56 feet to the point of curvature of a curve concave Easterly with a radius of 924.31 feet, a central angle of 24025'48"; run thence along the arc of said curve 394.11 feet to the point of tangency; run thence N. 26002'06"E. 519.31 feet; thence N. 14055'35" E. 150.00 feet~ thence S. 75004'25"E. 130.28 feet for a point of beginning: thence run N. 26002'06"E. 102.95 feet~ thence North 168.38 feet; thence S. 82017'42"E. 211.72 feet; thence S. 00051'12"E. 68.75 feet; thence S. 45002'41"W. 75.31 feet; thence S. 00058'17"E. 109.91 feet; thence S. 89048'59"W. 204.59 feet to the point of beginning, containing 1.0739 acres more or less. EXHIBIT "A" e e PHASE THREE From the centerline intersection of Moss Road and Longwood- Oviedo Road, run thence S. 88023'42"E. along the centerline of Longwood-Oviedo Road 701.16 feet; thence N. 01036'18"E. 351.56 feet to the point of curvature of a curve concave Easterly with a radius of 924.31 feet, a central angle of 24025'48"; run thence alonq the arc of said curve 394.11 f(~et to the point of tangency; run thence N. 26002'06" E. 519.31 feet; thence N.14055'35"E. 150.00 feet; thence S.750 04'25"E. 130.28 feet; thence N.26002'06"E. 102.95 feet; thence North 168.38 feet for a point of beginning; thence continue North 51.62 feet; thence N. 63057'54"W. 52.00 feet; thence N. 26002'06" E. 180:00 feet; thence S. 630 57'54"E. 285.00 feet; thence S. 74034'25"E. 283.00 feet to the Westerly right-of-way line of Sherry Avenue; thence run S. 14052'25"W. along said Westerly right-of-way line 286.53 feet; thence leaving said Westerly right-of-way lino, run N. 83000'59"W. 127.45 feeti thence S. 13009'18"W. '3 I 9 . 9 S f (' (' t ; the nee N. 5 2 0 4 7 ' 4 1 "W. 1 6 3 . 1 9 f ( . (~ t ; t tw n C I" N. rjgo39'10"W. 169.28 feeti thence N. 17038'19"E. 96.92 feet; thence N. 89048'59"E. 117.80 feet; thence N.00058'17"W. 109.91 feet; thence N. 45002'41"E. 75.31 feet; thence N. 00051'12''W. 68.75 feet; thence N. 82017'42"W. 211.72 feet to the point of beginning, containing 4.9824 acres more or less. EXHIBIT "B" OJ ~<:_"] P"'.".) 'c, r ~1 7' r' N ( ,-) ~, , ( ) , t- ' ~ C.,I " ( 'f) <D I 2 I ~) : l. 5 It aorJ' t~~ Sl"': N~, l ~>; '"I'" T \' F'lOf<lill THIS INSTRUMENT GARY E .WAS PREPARED By . MASSer AI 165 WHOOPING l~t::y at law AlTAMONTE SPRINGS F P , l 3270i WARRANTY DEED THIS INDENTURE, made this day of , A.D. 19 BETWEEN INDIAN RIDGE PATIO HOMES, INC., a corporation authorized to transact business and existing under the laws of the State of Florida, having its principal place of busi- ness in the County of Seminole, and State of Florida, party of the first parti and, whose mailing address is: of the County of and State of party of the second parti WIT N E SSE T H: That the said party of the first part, for and in consideration of the sum of TEN ($10.00) DOLLARS and other valuable considerations to it in hand paid, the n'c(,lpt whereof is hereby i1cknowlcdged, ha~> qranLcd, bar- gained, sold, aliened, remised, releases, conveyed, and confirmed, and by these presents doth grant, bargain, sell, alien, remise, release, convey and confirm unto the said party of the second part, and their heirs assigns, forever, all that certain parcel of land lying and being in the County of Seminole and State of Florida, more particularly described as follows: UNIT number of INDIAN RIDGE, a CONDOMINIUM, according to the Declaration thereof recorded in Official Record Book at Page of the Public Records of Seminole County, Florida. TOGETHER with all of the appurtenances thereto belonging according to said Declaration of Condominium, including an undivided 1/44th interest in the common elements. a:> V>~' rn (~ r .~ N (0 ~, ;;r ,.- ,~ \::. I SUBJECT, HOWEVER, to all of the provisions of said Declaration of Condominium which the party of the second part assumes and agrees to observe and perform, including but not limited to the payments of assess- mont for the maintenance of said apartment and condominium. en '~J ,. . or ... . Co...) . . -...J (""" TOGETHER with all the tenements, hereditaments and appurtenances, with every privilege, right, title, interest, and estate, reversion, remainder and easements thereto belonging or in anywise appertaining. TO HAVE AND TO HOLD the same in fee simple forever. EXHIBIT "c" e , 2 , 5 \ 896 e I I aol')~,' ~:J ~ S E M \ N ~; L ~ c: G 'J l, TV Fl OR lOb AND the said party of the first part doth covenant with the said party of the second part that it is lawfully seized of the said premises; that they are free of all encumbrances, and that it has good right and lawful au- thority to sell the same; and that the said party of the first part does hereby fully warrant the title to said land, and will defend the same against the lawful claims of all persons whomsoever. IN WITNESS WHEREOF, the said party of the first part has caused these presents to be signed in its name by its President and its corporate seal to be affixed, the day and year above written. Signed, Sealed and Delivered in our presence: INDIAN RIDGE PATIO HOMES, INC. By: STATE OF FLORIDA COUNTY OF SEMINOLE I HEREBY CERTIFY that on this day of A.D. 19 , before me, personally appeared 0: as President and , ~:-:.~ as Secretary, of INDIAN RIDGE PATIO HOMES, INC., a corporationC r under the laws of the State of Florida, to me known to be ~r ,', the persons described in and who executed the foregoing 1 ' .' ' conveyance to '. N (..) ( ) .1 .. -, I, L,,) -....J and severally acknowledged the execution thereof to be his free act and deed as such officer, for the uses and purposes herein mentioned; and that he affixed thereto the official seal of said corporation, and the said instrument is the act and deed of said corporation. WITNESS my signature and official seal at WINTER SPRINGS, the County of SEMINOLE and STATE OF FLORIDA, the day and year aforesaid. 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'I' , ' \ II , ( I I I:, ~,' 'l:,~~\nH;.~~~: 1~ <>, l,' l,! '\ \ \. \ l", " .. <' c " ll~ "",,", ~ < 00 ]1 _~ i.4f4~ ~I~~ "-"k..!r~ ~"'~,',i, ,; Ii ,~J ~ l.' [, 't r 1-00- J L~"" , t ~c ., ~ ~ I '; ~ ~ ~ :,~ .. ~ ~ ~, t '--1;;~~ , ~, ~ r 'fi-';' co. ,-....,r/O? ,.., e~-A ~ , ~I' r-, .__.'t~, .I l~~~~'-""-""-~ _H,--- lL ., ~ J_Jtf{ :t.?' ._.._-~.__._- ~ , ! , TI\,\~;.\r~~' ~- t - -:-::1 1< "'I II " c., ~. <; " ~., r'\ '- .~ " " \ ~ " ' , , I.... \l,j 'OJ '<J ~ 'i . I " , , , ~ 't I~,"~\~~~~\ \ I"f,~".,,"~~ ~ 1'\ 41 ~ "" ~ '" . f'Il [""""1' ~.1; ~ \1J~"'~: ~ d ~ J 1 j i e < . I ~ n: l.'''l,.-J ,.... -, I: . "-> ", :.r c.) ( 1) '.l' ' .:' c...) ----J -....J >-< z ~8 l> ~ > g ~ Z ~ U} Om z c ;:>-< >-< ?j >-< t; o hi f''I (l " ~ - g ~~ ~ Z c !.: ~~ M X " l> I 'i z (D 0 -4 1:1 (D l> 0 C'l 0 , M ~ ~ I ____....1 [,-- - I 2 , 5 1897 e B00~ AG[ SE:~IN:.'~[ i~(JUNTY FL Or/IDA ARTICLE OF INCORPORATION OF INDIAN RIDGE CONDOMINIUM ASSOCIATION, INC. The undersigned, by these Articles, associate them- selves for the purpose of forming a Corporation, not for profit, under Chapter 617, Florida Statutes, 1971, and certify as follows: 0) (J'lCl ~'; N (...) ARTICLE I ...,r Name. The name of the Corporation shall be INDIAN CD RIDGE CONDOMINIUM ASSOCIATION, INC. For convenience, the Cor- '::l'.-) ,.. ,-' ~ '_ c.....) ... '. " -...J eX> poration shall be referred to in this instrument as the "Association". The street address of the Corporation is ARTICLE II Purpose. The purpose for which the Association is organized is to provide an entity pursuant to the Condominium Act of the State of Florida for the operation of condominium properties within the State of Florida. The first condominium property to be operated by this Association is INDIAN RIDGE CONDOMINIUM, which is located on that certain tract of land located in Seminole County, Florida, which is more particularly described in Exhibit A attached hereto and hereby made a part hereof. Additional condominium property may also be operated by this Association if authorization for this is contained in the Declaration of Condominium of such additional condominium or condominiums and the Directors of the Association adopt a resolution approving the same. The Association shall make no distribution of its members, directors or officers. ARTICLE III Powers. The powers of the Association shall be governed by the following provisions: EXHIBIT "F" e \ 215 :898 e ac;,'~. a,v~ S u~ : N ,'l:. ,~;-!l~' In ' Fll1H'iH The Association will have the common law and statutory powers of a corporation not for profit, not in conflict with the terms of these Articles. The Association shall have all the powers and duties set forth in the Condominium Act except as limited by these Articles and the Declaration of Condominium and all powers and duties reasonably necessary to operate the condominium pursuant to the Declaration and as it may be amended from time to time, including but not limited to the follQwing: A. To make and collect assessments against members as unit owners to defer the costs, expenses and losses of the condominium. B. To use the proceeds of the assessments in the exercising of powers and duties. C. The maintenance, repair, replacement and operation of the condominium property including easements. D. The purchase of insurance for the condominium property and insurance for the protection of the Association and its members as unit owners. E. The reconstruction of improvements after casualty and the further improvements of the property. F. To make and amend reasonable regulations respecting the use of the property in the condominium. G. To enforce by legalmeans the provisions of the ~ 'J V'Il-\ ,"", ') ::w:: :. -rlr ~. ( N (.0 Condominium Act, the Declaration of Condominium, these Articles, ",:.jl: cn the By-Laws of the Association and regulations for use of the CJ ) ~ (., 0: ,L, -i , C..A ) ...,. , " -.J (C) property in the condominium. H. To contract for the management of the condominium and to delegate to such manager all such powers and duties of the Association that are necessary in the opinion of the Directors of the Association for the manager to effectively manage same. I. To employ personnel to perform the services re- quired for the proper operation of the condominium. -2- e e J. To acquire and enter into agreements wherehy it nc.:quJ rl'H 1(,~18ehold8. n1l'mbcrships or other posses SOl'!' or IIS(' interests in lands or facilities, including but not limitcll to country clubs, golf courses, mnrinas and other recreational facilities, whether or not contiguous to the lands of the <.:on- dominium intended to provide for the enjo~nent, recreation or other use for benefit of unit owners. K. To acquire by purchase or otherwise condominiur:: parcels of the condominium suhject ne~ertheless to the provisions of the Declaration and or By-Laws relative thereto. All funds and the titles to all propert ies ac(;ui red by the Association and their proceeds shall be held in trust for the members in accordance with the provisions of the Dec- laration of Condominium, thesE' Articles of Incorporation and the By-Laws. Powers of the Association shall be subject to and shall be exercised in accordance with the provisions of the Declaration of Condominium and the By-Laws. ARTICLE IV Members. The members of the Association shall con- sist of all of the record owners of units in the condominium and, after termination of the condiminium, shall consist of those who are members at the time of such termination, their successors and assignees. After receiving approval of the Association, if re- quired by the Declaration of Condominium, change of membership in the' ^sRoc11.1tion shall b(~ established by recorded in the Public Records of Seminole County, Florida, a deed or other instrument establishing a record title to a unit in the condom- inium and the delivery to the Association of a certified copy of such instrument. The owner designated by such instrument thus becomes a member of the Association and the membership of the prior owner is terminated. -3- 0) VI C) rn :J 'C -.r '1 4. N (~ .-";:1 : en '::1 r.. '-' .Ill:" c.... ) , , ' ," (x. CI ... e i 2 I 5 ! 899 e iHl n ~. . . : ::; ;:: St~I"'.lL CGu"n Fl. on:ot. The share of the member in the funds and assets of the ^ssociation cannot be assigned, hypothecated or trnn9ferrod in any manner execept as in an appurtenance to his unit. The owner of each unit shall be entitled to one vote as a member of the Association. The manner of exercising voting rights shall be determined by the By-Laws of the Association. ARTICLE V Directors. The affairs of the Association will be managed by a Board consisting of five (5) Directors who shall hold office in accordance with the terms of the Declaration of Condominium. Directors of the Association shall be elected at the annual meeting of the members. Directors may be removed and vacancies on the Board of Directors shall be filled in a manner provided by the By-Laws. The Owner and Developer of the condominium property is INDIAN RIDGE PATIO HOMES, INC., a Florida corporation authorized to do business in the State of Florida. The names and addresses of the first Board of Direc- tors, who shall hold office until their successors are elected and qualified or until removed are as follows: OJ (I') (~) In r ) ~. '" STANLEY MELNICK LINDA B. PEEK GARY E. MASSEY JoANN BARRETT Y'I J ,.. . C.0 ()) ~ I . ,. .L ARTICLE VI w ", (X) Officers. The affairs of the Association shall be administered by officers designated in the By-Laws. The officers shall be elected by the Board of Directors at its first meeting - 4 - ~. j 2 I 5 ! 900 e e tlor,l~. ';' C ~ St"'IN~I:.C C~'UN1Y F'IOrnOA following the annual meeting of the members of the Association and shall serve at the pleasure of the Board of Director~. The names and addresses of the officers who shall serve until their successors are designated by the Board of Directors are as follows: STANLEY MELNICK GARY E. MASSEY J oANN BARRETT LINDA B. PEEK PRESIDENT VICE PRESIDENT SECRETARY TREASURER ARTICLE VII Indemnification. Every Director and every officer of the Association shall be indemnified by the Association against all expenses and liabilities including counsel fees reasonably incurred by or imposed upon him in connection with proceeding or settlement, or any proceeding to which he may be a party or in which he may become involved by reason of his being or having been a Director or officer of the Association whether or not he is a Director or officer at the time ~uch expenses are incurred except when the Director or officer is adjudged guilty of willful misfeasance or malfeasance in the performance of his duties; provided that in the event of a settlement, the indemnification shall apply only when the Board of Directors approve such settlement and reimbursement is being for the best interest of the Association. The foregoing right of indemnification shall be in addition to and not exclusive of all other rights to which such Director or officer may be en- titled. ARTICLE VIII By-Laws. The first By-Laws of the Association shall be adopted by the Board of Directors and may be altered, amended or rescinded in a manner provided by the Declaration of Condo- minium and By-Laws. -5- IT) l') ( ) ,... , ~l 1:: ,r ." .z: ,..- c.- --, r-- N (A,,) CYJ o ' J:>o " j. ;z '. -". W .-< I" 'Xl ~) r- e 12151901 e ocr; " ,'A G E St~1 /'i:IL l COL'NTY Fl nRIOA ARTICLE IX Amendments. Amendments to the Articles of Incorpora- tion shall be proposed and adopted in the following manner. Notice of the subject matter of the proposed amendment shall be included in a notice of any meeting at which a proposed amendment is considered. A resolution for the adoption of the proposed amend- ment may be proposed either by the Board of Directors or by memhers of the Association. Director~ and memhers not present in person or by proxy at the meeting considerin~ the amendment may express their approval in writing providing such approval is delivered to the Secretary at or prior to the meeting. Except as elsewhere provided, such approvals must be by not less than three members of the Board of Directors and by not less than seventy-five (75%) percent of the votes of the membership of the Association. No amendment shall be made that is in conflict with the Condominium Act or the Declaration of Condominium. A copy of each amendment shall be certified by the Secretary of State and recorded in the Public Records of Seminole County, Florida. ARTICLE X Term. The term of the Association shall be perpetual. ARTICLE XI Subscribers. The.names and addresses of the sub- scribers of these Articles of Incorporation are as follows: STANLEY MELNICK -6- CJ Vla ~,:-> ~-:... N (.) ......;1': ,... ':." -" ,'1 t 'J } - )' I t. ,; , J Cd ,'~ (JJ <...0 . , e 1215 !902_ . . aor~'t.'::t st '" : N Cl L ~ C U '~' N T Y Fl ilH!Ot ARTICLE XII Resident Agent. The name and office of the Resident Agent upon whom service of the Association may be affected is: GARY E. MASSEY 355 East Semoran Boulevard Altamonte Springs, Florida 32701 The above-named Resident Agent joins in execution of these Articles to evidence his acceptance of his designation as Resident Agent and his agreement to comply with Florida Statutes governing corporate resident agents. IN WITNESS WHEREOF, the subscribers to these Articles of Incorporation have fixed their hands and seals this 8th day of March . 1979. STATE OF FLORIDA COUNTY OF SEMINOLE BEFORE ME, personally appeared, STANLEY MELNICK who, after being duly sworn deposes and says that he is the within named incorporator of these Articles and as such h'-H~ camp 1 (l tC' k now ledge of the things statpd th('T<' in: ilnd that he has executed the foregoing for the purposes therein expressed. Witness my hand and seal, this March, 1979. ~he~~y of uttLcJlj~~ ot ry Public, State of Florida ( "-,, My Commission Expires: MY COMMISSION EXPIRES: MAY 19, 1979 V);'; .'-. r>1. ", .1: ~ N -'l :;r- ~: ,(. (v l. I', ',., C'n t.., 1 C,,) '. (x) .tloo . . e 12151903 e a00~ ~~~ S E .., I N [I LtC 11 U ~..r y~ - Fl (HilDA BY-LAWS OF INDIAN RIDGE CONDOMINIUM ASSOCIATION, INC. ARTICLE I: NAME AND LOCATION. SECTION 1: The name of this Association shall be INDIAN RIDGE CONDOMINIUM ASSOCIATION, INC. SECTION 2: The principal office of this Associa- tion shall be Winter Springs, Florida. SECTION 3: Other offices for the transaction of business shall be located at such places as the Board of Direc- tors may from time to time determine. ARTICLE II: MEMBERS OF THE ASSOCIATION. SECTION 1: The members of the Association shall be as defined and designated in the Declaration of Condominium of which these By-Laws form a part, together constituting the Condominium documents. SECTION 2: An annual meeting of the Association members shall be held at 8:30 p.m. on the second Monday in January of each year, said meeting to be held at the principal office of the Association or at such place, either on the condo- minium property or elsewhere, as may be described in the notice of such meeting. At such meeting, the Association members shall elect Directors to serve until their successors shall be elected and qualified. 0"" (n'l rr , c' N ._~' J (..> - " . . 01 ..; ~'1. w SECTION 3: Any special meeting of the Association 'f 00 U1 to be held at the place designated by such notice thereof may be called at any time by the President, or in his absence, a Vice-President, or a majority of the Directors. It shall be the duty of the Directors, the President or a Vice-President to call such a meeting whenever so requirested by twenty-five (25) or more Association members. EXHIBIT "G" . . , . , . e 12 I 5 ! 90~e 130"-, ",;:; E' S!:.MiN:1L' c:);~rv FLOfllOt SECTION 4: Unless waived in writing by unit owners, notice of the time and place of the annual meeting and special meetings shall be mailed by United States certified mail by the Secretary to each Association member, or in the case of a husband and wife, the same may be addressed by one notice addressed to both of them, not less than fifteen (15) days before the date of such meeting. In addition, written notice shall be posted in a conspicuous place on the condominium property at least fifteen (15) days prior to the annual meeting. . SECTION 5: Annual or special meetings of the Association members may be held at any time and any place within or without the condominium property when a majority or more voting shares shall be present at such meeting, however, called or notified, and shall sign a written consent thereto on the recording of the meeting. The acts of any such meeting shall be valid as if duly called and notified. SECTION 6: At any meeting of the Association, an Association member shall be entitled to vote and the weight of his, her or their vote shall be the same as the percentage of ownership in the condominium building. SECTION 7: Proxies shall be allowed, but must be in writing, and shall be filed with the Secretary and by UJ - V) (-, I~.: '" him entered and recorded in the minutes of the meeting. .., .. ~. ( .) SECTION 8: A quorum for the transaction of ,0 '--1 ' ,. business at any Association meeting shall constitute the number ;', (...> ..,0.' of members either present or represented by proxy, representing en - .L a majority of the then outstanding voting shares, and the Asso- ciation members present at any meeting with less than a quorum may adjourn the meeting to a future time. a. Vote required to transact business: \Vhen a quorum is present at any meeting, the holders of a majority of -2- r # . " e I 2 15 ! 905 e , . . , 80 I)~, , ' t :; c: StMINJL: ri)'':'HY Fl Ofi :Ot the voting rights present in person or represented by written proxy shall decide any question brought before the meeting, unless the question is one upon which by expressed provision of the statutes, the Declaration of Condominium, or of the By- Laws a different vote is required, in which case such expressed provision shall govern and control the decision of such question. SECTION 9: The Association members shall have the power, by a majority vote, at such meeting to remove any member of the Board of Directors or officer from office with or without cause. ARTICLE III: ADMINISTRATION AND MANAGEMENT OF CONDOMINIUM - BOARD OF DIRECTORS. SECTION 1: The administration and management of the condominium property as the same relates to the common ele- ments and the providing of utilities as may be designated shall be vested in the Condominium Association and through the Board of Directors. The Association shall maintain an assessment roll and prudent in accordance with good business standards. The Association, through its officers and administrators, shall have the powers, authorities and responsibilities as are vested in the officers and directors of any corporation not for profit under the laws of the State of Florida. 0) (!,\, ~ P'" ) It: . N (0 en SECTION 2: The business, property of the Asso- "14 r ciation, the common elements, and all assessments and generally'" ') ( ) ~ \ -. '. w ... ~"I OJ -..J the management and control of the Association and property owned by it, shall be conducted and managed by a Board of Directors consisting of five (5) Directors, who shall be elected by the Association members. SECTION 3: An annual meeting of the Board of Directors shall be held in the principal office of the Associa- tion immediately after the adjournment of the annual Association meeting. SECTION 4: Special meetings of the Board of Directors shall be held in the principal office of the Association -3- .. . . ' -. ., . e I 2 I 5 ! 906 e aOI)~, '. ..':- S um~J ~. ~~) 'J ~ TV Fl nr~ j[).~ . or at such other place or places within or without the condomin- ium property as a majority of the Directors shall from time to time designate. Upon consent of a majority of the Directors, annual and special meetings of the Board may be held without notice at any time and place. SECTION 5. Notice of all annual and special meetings, except those specified in the second sentence of Section 4 of this article, shall be mailed by United States mail to each Director by the Secretary at least fifteen (15) days previous to the time fixed for ~he meeting. All notices of special meetings shall state the purpose thereof. A notice of all meetings shall be posted conspicuously on the condominium property at least forty-eight (48) hours in advance, except in an emergency. SECTION 6: A majority of the Board of Directors for the transaction of business at any annual or special meeting shall be necessary to constitute a quorum and the act of a majority of the Directors present at any such meeting at which a quorum is present shall be the act of the Board of Directors. SECTION 7: The Board of Directors shall elect the officers of the Association and fix their salaries, if any. Such election shall be held at the Board of Directors meeting following the annual Association meeting. An officer may OJ V'C'"'l ~.-) 1: . f',.) (..) be removed at any time by a majority vote of the Board of -" r r- . ;.'\ I \ J ) Director. t.. ..... :,. w SECTION 8: A vacancy in the Board of Directors ,q m (X) may be filled for the unexpired term by the remaining members of the Board at any regular or special meeting. SECTION 9: At each annual meeting of the Asso- ciation, the Directors shall submit a report to the Association of the business transacted during the preceding year, together with a report of the general financial condition of the Association. -4- ~~-~- . . . . -;. ." .. ,. . I . 1 , e : 21J ~907 e ao"'" ~ :- Sf:MINII.. [1'_'1,1- f't ()il I 0 ~ SECTION 10: Members of the Board of Directors shall be elected for a term of two (2) years, and any member of said Board may be reelected for additional terms, provided, however, that the first Board of Directors may be comprised of members with staggered terms with two (2) Directors being elected to serve for one (1) year and three (3) Directors being elected to serve for two (2) years. SECTION 11: In addition to the foregoing powers and authorities, the Directors shall have the power and duty to make and collect assessments against members of the Asso- ciation to defray the costs of maintaining the Condominium, to maintain, repair and replace Condominium property, to make and amend regulations respecting the use of property of the Condominium. SECTION 12: The Board of Directors shall adopt a budget for each fiscal year and the same shall contain estimates of costs for performing the various matters and functions of the Association. Copies of the proposed budget and assessments shall be mailed to each unit owner not less than thirty (30) days prior to the annual meeting at which meeting the budget will be considered. SECTION 13: The Board of Directors shall depo- sit the funds of the Association in such bank or banks as they may from time to time direct and withdrawal of such funds, shall be by such person or persons as the Board of Directors may direct. SECTION 14: Any officer or Director of the Association shall provide a fidelity bond in such amount as may be directed by the Board of Directors. SECTION 15: The Board of Directors may make such rules and regulations governing use of Condominium property as they may deem proper. -5- ... -. '\ ,. ... . '., . e 12151908 e B00~, \ 1 ";:"' SlMINCIL; C.)'J~T" FlOi('Ot: SECTION 16: The Board of Directors may employ such agents or parties as it may deem necessary to assist it in the administration and management of the Association. ARTICLE IV: OFFICERS. SECTION 1: The Association shall have a president, a vice-president, a secretary and a treasurer. The offices of secretary and treasurer may be held by the same person. They shall be chosen by the Board of Directors and shall hold their offices from year to year and shall be elected or reelected at the annual meeting of the Association. The Association may also have more than one (1) vice-president, assistant secretaries or assistant treasurers and such other officers and agents as may be deemed necessary. The president, vice-president and secretary must also be Directors. SECTION 2: The President, or in his absence the Vice-President, of the Association shall preside at all meetings of the Board of Directors and Association meetings. The Presi- dent shall have general supervision over the affairs of the Association and over the other officers and in his absence, these duties shall be performed by the Vice-President. SECTION 3: The Secretary shall issue all notices of meetings of the Board of Directors and Association meetings and shall attend and keep the minutes of the same. He shall have 0> (n, " charge of the Association records and papers and shall perform ~:: ~ ~~. (.) all other duties normally incident to such office. In the ~f cn absence of the Secretary, his duties may be performed by an Oc) ~: Assistant Secretary. SECTION 4: The Treasurer shall have custody of the funds of the Association and shall keep regular books and . 4 I. G.) (D o accounts, together with vouchers, receipts, records and other papers normally incident to such office. The Treasurer shall also maintain an assessment roll with the names of each of the members of the Association and their assessment percentage. In case of the absence or disability of the Treasurer, the duties may be performed by an Assistant Treasurer. -6 - ...I t ...... . ' . I . e I 2 I 5 ! 909 e BOO~, l~: =:: S l M IIW l ~ C ,) U N 1 ) Fl QillOt SECTION 5: Each of the officers above described shall, in addition to the powers and duties conferred upon them herein, have all the powers, authorities and responsibilities as are designated to officers of a corporation not for profit and the laws of the State of Florida. ARTICLE V: MANNER OF COLLECTING COMMON EXPENSES FROM UNIT OWNERS. SECTION 1: Assessments for Common Expenses. Assessments for recurring common expenses shall be made for the calendar year annually in advance on or before December 20th preceding the year for which the assessments are made. Such assessments shall be due in four (4) equal consecutive quarterly installments on the first day of each calendar quarter for the year for which the assessments are made. If an annual assessment is not made as required, an assessment shall be presumed to have been made in the amount of the last prior assessment and quarter- ly installments thereon shall be due upon each installment paYIllL'nt date until changed by a new assessment. The total of assessments for recurring common expense shall be not more than one hundred fifteen (115%) percent of the assessments for the purpose for the prior year unless approved in writing by a majority of the unit owners provided that the same shall not prevent the levy of extraordinary assessments from time to time. In the event such an annual assessment proves to be insufficient, it may '" (.,'1\ , n"., .... N (0 -., :.r be amended at any time after approval in writing a majority of ()) -.J '... . the unit owners and the unpaid assessment for the remaining por- x tion of the calendar year shall be due in equal quarterly instal1- W to ments on the first day of each calendar quarter thereafter during the YV~lr for which the assessment is made. The ri~hts and powers relating to collection of common expenses granted to the Board of Directors in this article may be exercised concurrently by the Developer until such time as management shall be vested in the Association. -7- .... ..- "". " . f I ,. - i215!910_ Bon. ,- SUU;'IL I"J~;' F( i1i/liH, SECTION 2: Acceleration of Assessment Installments Upon Default. If an apartment owner shall be in default in the payment of an installment upon an assessment, the Board of Directors may accelerate the remaining installments of the assess- ment upon notice thereof to the unit owner, and thereupon the unpaid balance of the assessment shall come due upon the date stated in the notice, but not less than ten (10) days after delivery thereof to the unit owner, or not less than twenty (20) days after the mailing of such notice to him by registered or certified mail, whichever shall first occur. SECTION 3: Continued Default. If a unit owner shall be in default in the payment of an assessment installment for more than twenty (20) days after mailing of notice provided in SECTION 2 of this article, he shall be taxed an additional penalty of Five ($5.00) Dollars for each and every day that said assessment shall remain unpaid. In addition, the Asso- ciation may, at its election, file an action in the same manner and in the same form as if the Association were a landlord, and the unit owner were a tenant in default of payment of rent, and in such event, the Association may have the unit owner removed from the premises by p~ocess of law as provided therein and in such event the unit owner shall not be repossessed of the property until payment in full of the assessment as accelerated 0) \.1\ -) fT' ." C . N or such other arrangement as the said unit owner may make wi th th~,~ (.) :U' \ ()J Board of Directors. In addition, the Board of Directors may have such other actions or rights as the law may provide and grant for such default. The delinquent unit owner shall be "::J' .\ r.. '.' ~l;" -<. - w :;', to f'o.) liable for all expenses and attorneys fees the Association incurs in connection with the collection of a delinquent assessment. SECTION 4: Assessments for Emergencies. Assess- ments for common expenses of emergencies which cannot be paid from the assessments for recurring expenses shall be made only after notice of the need therefor to the unit owners concerned. -8- . . ~ .." \";. ,. ~ . ~. - . i 2 , 5 ! 9 I I ac~~. ,}JCt S l: '" 1 "l (I L ~ r,~ tJ N TV Fl ORIOt. After such notice, and upon approval in writing of a majority of such unit owners concerned, the assessment shall become effective, and it shall be due after thirty (30) days notice thereof in such manner as the Board of Directors of the Asso- ciation. -9- OJ c.n C1 Pi I""") :1: ." ."r. ,....~ .-- ,'. N (0 en ""t.. r" ':J ,~-) r-- .J .. (...) (0 U) .~ , ' " :Indian, ~9 PATIO HOMES March 31, 1981 Ray Bradshaw, Building Official City of Winter Springs 400 N. Edgemon Avenue Winter Springs, Florida 32708 Dear Mr. Bradshaw, We request that you issue five certificates of occupancy in Phase Two of Indian Ridge Patio Homes for units # 57, # 58, # 59, # 60 and # 66. We guarantee that we will cure the drainage problem on our rear westerly property 1 ine so there wi 11 be no water accum- ulation. \ve will also patch San Rafael so surface water will not a c c u mu 1 ate. T his w 0 r k w ill b e com p 1 e t e don 0 r b e for e A p r ill 0 ~ 1 98 1 . Before requesting any additional certificates of occupancy these drainage problems will be solved to your satisfaction. Thank you very much for your COOP~1/on in this matter. CordiaVT'y yours, ~/7 11d i ap/ Ridge P .10 0 e s I Ii c . ~/~QI:~ ~t/ . ,J6Ann Barrett (V ice Pre sid e n t City of Winter ~~ring~ tity ~a w:, lfiAR 31 'l~m R" ~En 346 S ~ n M i 9 ue 1 / Winter Springs, Floriba 32707 / (305) <327-0B41 T TELEPHONE (305) 327-1800 WINTER SPRINGS, FLORIDA ZIP CODE 32708 M E M 0 April 23, 1981 To: Ray Bradshaw, Building Official From: Jack Cooper, City Engineer Subject: Indian Ridge, Certificates of Occupancy The attached copy of letter is the gist of the agreement I have arrived at regarding the improvements for the subject project. If you have any objection, please advise. assume you will issue the certificates of occupancy. on the matter and if they do not produce as per the you to stop issuing the certificates of occupancy. If not 1 will I will follow up letter, I will advise D ea r';;cM r:. . "I;- "." ',':' .~:- In accordance with our discussion this morning on site, ~~tha Indian Ridge Condominium. we intend to cure the problem with.the "bird baths" on San Rafael so that the water flows to the,Z~:catch basins presently- installed and that "bird baths" and/or"puddl ing" does not recur. We further intend to build a swale between the sod presently installed and our property line as outlined by the surveyor's stakes along the westerly side of Phases I and I I of Indian Ridge Patio Homes Condominium. The ~ater from this swale will be diverted so that it no longer puddles. . . "Our engineer, Mr.. Donald W. Mcintosh of< Donald W. Mcintosh Associates, Inc. is preparing sketches. of both San Rafael and the westerly property line with grades, so that we can establ ish the exact flow of the water and a method of disposing of t~e wa t e rt',w hie h we wiT l' 's u b m i t to you wit h i nth e next 1 0 day s . n, - :~",,:':.'-'~~:'f,1}' "'!:'_ '1;&Tt',..is,our'understandj:~gthat'the City will issue Certificates of Oc'cupancy",up 'to",14units of our select ion in Uni ts.4S through 7 2 i m m e d i ate 1 y .. and w hen the p 1 a n s fro m Mr. Me I nt 0 s h are su b m i t t e d a nd a p pro v e d _ by you , C e r t i f i cat e s 0 f 0 c cup a n c y fo r u p t 6 a n add i - tiona16.u.n,its will be issued. After:~1tb,is'Jwork has been:completed, the,CJtyt.wLl.t.lissue.,Certificates of Occupancy for the balance of the units. The sequence in which we require these Certificates of . 346 '. San' Mi g l.! e 1 "/1 Winter Springs, Florida 32708 1(305) 327 -0841 . is as follows: 64,65.66,67.10,71,72,62,63, ".. .' -2- !~ 1/ .' ('. .( WILLIAM A. CARROLL 629 MONMOUTH WAY (i/\ / \ ')'. ~_.i \ . I \ j .. ;'''' '-. WINTER PARK, F~ORlDA 32789 ; I.... . \ /' October 19, 1972 \' ",~ ~ , . \. . ,. \ Zoning Commission City of Winter Springs 1 North Fairfax Avenue Winter Springs, Florida ~__/ ! 1 /'\ 11/"" \ , I \I 32707 Gentlemen: I herewith apply for zoning changes on property located in Winter Springs, Florida, descriptions and acreage~ of ,which are shown on the attached plat and legal descriptions, as follows: Parcel "A" - Change from R-l to C-l Parcel "B" - Change from R-l to R-3 Parcel ItCH - Change from R-l to C-l Due to the fact that we will have to absorb the costs of drainage of a City-owned park area, and of other areas within the City for which no downstream drainage provisions were made at the time of development of these areas, we respectfully request that we be relieved of the requirement to contribute land for park and recreaction purposes. We understand and accept the fact that no 'construction will be per- mitted on any of our properties prior to acceptance of our drainage plans by the City of Winter Springs. For your information, it is our intention to use the proposed R-3 zoned property for a .G1!1l',-~~.;u.l.nt._deve-loprn.e.p;t rather than for rental apartments; historically the o\mer-occupant tends to be a more desirable resident than the renter. We plan to build at least 70% of the total units as fir~t-floor units. We plan to build to a density of less than 11 1/2 units per acre. If our application to rezone Parcel "BH to R-3 is approved, we propose to consolidate this parcel with a parcel of.R-3 to the west of Moss Road which lve have acquired, into a single c.qn.clominiumproj.ect. These tHO parcels are approximately equal in size, and He propose that one of these parcels will be an all-adult community. Each of the tl';O parcels lvill have its own internal recreational-social facilities so that residents will not have to cross an arterial street (Moss Road) in travelling from their residences to these facilities. If I may provide any further information or clarification, I will be happy to do so. WAC/pf Attach. ~~n:tI~ WILLI~~ A. CARROLL RECE1VED0r>r>t - ~ t. { l. 8 J~ - - ~'If~ CR'rDIAN RIDGE: / . - ....... . "..~ ~...\..,. ....50. D......,...... os"""'.........'>..... 2~"" ~......'!o. ~"a U....~.q.lu./....._ ,:>>7. P................... ~-.e....~ ~ '5 ~...-..c..a.VU.....T a ,A..c....lL~Q.~...........~ \, C ONDOM'N'UlV\ CO...........\JN\-ry =~~rr: m DllS!"" I ==