book: !:>JLi Page: 3985
safety and welfare of the owners and residents within the above Property, and any additions thereto as may hereafter be brought within the jurisdiction of this Association, and to: (1) Acquire (by gift, purchase or otherwise), own, hold improv•~. build upon, operate, maintain, convey, sell, lease, transfer, dedicate for public use or otherwise dispose of real property in connection with the affairs of the Association. (2) Exercise all of the powers and privileges and to perform all of the duties and obligations of the Association as set forth in the Articles oflncorporation (the Articles:), Declaration, and all supplementary or amendatory declarations, applicable to the Property and recorded in the Public Records ofVolusia County, Florida and as the same may be amended from time to time. (3) Fix, levy, collect, and enforce payment by any lawful means, of all charges or assessments pursuant to the terms of the Declaration.
' 1
' I I ' I
(4)
Pay all expenses incident to the conduct of the business of the Association.
--"-'
(5) Pledge, sell, lease, operate, maintain, transfer or otherwist: dispose of any or all of its personal property. (6 ) Dedicate, sell or transfer all or any part of the real property and improvements thereon owned by it, subject to the approval of two-thirds (2/3) of the Members, except as otherwise provided in the Declaration. (7) Mortgage any or all of the real property and improvements thereon owned by it, subject to the approval of two-thirds (2/3) ofthe Members. (8) Participate in any merges or consolidations with other corporations authorized by the laws of the State of Florida. (9) Have all powers authorized by Jaw and to have and exercise all powers necessary or convenient to effect any or all purposes for which the corporation is organized.
' ~J ~ ----{
-- -~·
- -~"~ I
- -- ' . .
' -~ ---- - - ' '
3.02 This Association is not organized for pecuniary gain or profit to the members thereof.
' I ' ' ' -~ ' ' ' ' - . _,_, ,. ' - ' ., . ' " ' ..,,-"·-:_.
2
I
Made with FlippingBook - professional solution for displaying marketing and sales documents online