The Sanctuary at Key Largo Condominium Association

The Sanctuary at Key Largo Condominium Association RULES AND REGULATIONS The Rules and Regulations hereinafter enumerated as to the Condominiums, The Common Area, the Units and the Development in general shall apply to and be binding upon all Unit Owners. The Unit Owners shall at all times obey said Rules and Regulations and shall use their best efforts to see that they are faithfully observed by their families, guests, invitees, servants, lessees, persons for whom they are responsible and persons over whom they exercise control and supervision. Violations of these Rules and Regulations may subject their violator to any and all remedies available to the Association and Unit Owners pursuant to the terms of the Declaration and the Articles of Incorporation and By-Laws of the Association. Violations may be remedied by the Association by injunction or other equitable means and the Association shall be entitled to recover in said actions any and all court costs incurred by it., together with reasonable attorney's fees at all levels of proceedings against any person violating the Rules and Regulations of the Declaration and any of the Exhibits attached thereto. Any waivers, consents of approvals given under these Rules and Regulations by the Board shall be revocable at any time and shall not be considered as a waiver, consent or approval of identical or similar situations unless notified in writing by the Board. THE RULES AND REGULATIONS ARE AS FOLLOWS: 1. VIOLATIONS OF RULES AND REGULATIONS A. Violations should be reported to the Board or the Officers of the Association in writing. B.Violations will be called to the attention of the violating owner by a member of the Board of an Officer of the Association. C.Disagreements concerning violations will be presented to and be judged by the Board who will take appropriate action. 2. RECREATIONAL FACILITIES: The Recreational Facilities areas of the Condominium are for the exclusive use of unit owners and their approved lessees, guests and invitees. Any damage to the Recreational Facilities, Common Areas or equipment caused by any Unit Owner or such owner's lessee, guest or invitee shall be repaired at the expense of the applicable Unit Owner. 3.UNITS: Owners shall occupy and use Units as single family private dwellings, for themselves, the members of their families, their social guests, invitees, servants, lessees and persons over whom they exercise control and supervision. Nothing shall be done or kept in the Unit, which would either increase the Association's cost of insurance or result in the insurance being cancelled. 4.NOISE: Radios, televisions and other instruments, which may create noise, should be turned down to minimum volume between the hours of 10:30 P.M. and 8:00 A.M.. All other unnecessary noises, such as bidding good night to departing guests and slamming car doors, between these hours, should be avoided. 5.0BSUTRUCTIONS: Sidewalks, entrances, walkways, driveways, passages, patios, courts, vestibules, stairways, corridors and halls must be kept open and shall not be obstructed in any manner. Rugs and mats must not be placed outside of doors. No sign, notice or advertisement shall be inscribed or exposed on or at any window or any part of the development, except as shall shalf have been approved in writing by the Association, nor shall anything be projected out of any window in the Development without similar approval. No radio or television aerial or antenna shall shalf be attached to, or hung from, the exterior of the Development or any roof therein. 6.PETS: No pet or animal shall shalf be maintained or harbored within a Unit that would create a nuisance to any other unit owner A. The Board of Directors shall make an initial determination to whether a pet or animal has created a nuisance. Should the owner of such pet or animal disagree with the determination of the Board of Directors, such owner may appeal to the unit owners at a specially called meeting of the Unit owners for that purpose, in which event, a determination by a majority of a quorum of Unit owners that a pet or animal maintained or harbored within a Unit creates a nuisance shall be conclusive and binding upon all Unit owners. B.AII dogs shall be on a leash at all a/l times unless being exercised; and then the owner must be in control of the animal. Owners should be encouraged to walk their dog on the east (US 1) side of the parking and driveway areas. It shall be the responsibility of the pet owner to immediately pick up and remove any defecation of his or her animal in any pedestrian area including but not limited to walking paths or the clubhouse area. 7.CHILDREN: Development. Reasonable supervision must be exercised when children are playing at the Condominiums or 7 of 21 8. DESTRUCTION OF PROPERTY: Neither Unit owners, their lessees, nor guests, shall mark, mar, damage, destroy, deface or engrave any property of the Condom.inium or the Development. Unit owners shall be financially responsible for any such damage. 9.EXTERIOR APPEARANCE: The exterior of the Condominium and all other areas appurtenant to the Condominium and the Development shall not be painted, decorated or modified by any Unit owner in any manner without the prior consent of the Association, which consent may be withheld on purely aesthetic grounds within the sole

The Sanctuary at Key Largo Condominium Association discretion of the Association. No awnings, window guards, light reflective material, hurricane or storm shutters, ventilators, fans or air conditioning devices shall be used in or about the Condominiums or the Development except as shall have been approved by the Association, which approval may be withheld on purely aesthetic grounds within the sole discretion of the Association. Balcony floors may be painted any color desired or covered with carpeting or tile; otherwise uniform exterior colors may not be altered. Installation of drapes or curtains visible from the exterior of the Units shall have whit or off -white, blackout type liners used, which liners must be approved by the Association. The Board has determined that a certain type of front screen door and storm shutter shall be permitted to be installed by Owners, at Owner's expense, without specific Board approval as to style. Owners should consult with the manager of the Board for details regarding the approved style front screen door and storm shutter. 10.CLEANLINESS: All garbage 'and refuse from the Condominium shall be securely wrapped in plastic garbage bags and deposited with care in the garbage containers intended for such purpose at such times and in such manner as the Association shall direct. All disposals shall be made in accordance with instructions given to the Unit owners by the association., The Association herein indicates that it will provide, label and maintain separate containers of compartments specifically designed for garbage and refuse comprised of metal objects. Unit owners shall use those separate containers for the dep90sit of metal objects, which must be separated from other refuse by the Unit owner. 11. BALCONIES: Plants, pots, receptacles and other movable objects must not be kept, placed or maintained on ledges of balconies or on terraces. No objects shall be hung from balconies, patios or windowsills. Unit owners shall no throw cigars, Cigarettes or other objects from balconies or terraces. Unit owners shall not allow anything to be thrown or fall from windows, doors, balconies or terraces. No balconies or terraces may be enclosed without prior written consent of the Board, which consent may be withheld on purely aesthetic grounds. Cooking on gas barbecues (but not charcoal or other types of barbecues) shall be permitted on balconies as well as on landings of terrace stairs of the bottom Units, if any. 12.STORAGE AREAS: Unit owners are responsible to see that nothing that nothing is placed in the storage area that would create a fire hazard. 13. EMERGENCY ENTRY: In case of any emergency originating in or threatening any Unit, regardless of whether the owner thereof is present at the time of such emergency, the Board of Directors of the Association, or any other person authorized by it, shall the right to enter such Unit for the purpose of remedying or abating the cause of such emergency, and such right of entry shall be immediate. To facilitate entry in the event of any such emergency, the owner of each Unit shall deposit with the Association a key to such Unit. No Unit owner or occupant shall alter any lock or install a new lock without the written consent of the Association. Where such consent is given, the Unit owner shall provide the Association with an additional key for use of the Association pursuant to its right of access to the Unit. 14.BICYCLES: Bicycles must be placed or stored in Units, storage rooms or designated exterior areas. 8 of 21 15.PLUMBING: Water closets and other plumbing shall not be used for any other purpose than those for which they were constructed, and no sweepings, rubbish, rags or other foreign substances shall be thrown therein. The cost of any damage resulting from misuse of same shall be borne by the Unit owner causing the damage. 16.ROOFS: Unit owners, their lessees, families and guests are not permitted on any roofs for any purpose whatsoever. Owners, lessees, families and guests of Units #501 and #601 will be permitted upon the roofs of Units #501 and #601 respectively. 17.S0llCITATION: There shall be no solicitation by any person anywhere in the Development for any cause, charity, or for any other purpose whatsoever, unless specifically authorized by the Board of Directors in its sole discretion. 18.EMPLOYEES: Employees of the Association shall not be sent off the Development by any Unit owner, for any purpose. No Unit owners or residents shall direct, supervise or in any manner attempt to assert any control over the employees of the Association. 19. COMERCIAL PROHIBITION: No Unit may be'occupied or used for any commercial or business purpose. 20.PARKING: No vehicle belonging to a Unit owner or lessee or to a member of the family or guest, tenant, employee or invitee of a Unit owner shall be parked in such a manner as to impede or prevent access to another Unit owner or lessee's parking space. The Unit owners and lessees, their respective employee, invitees, servants, agents, visitors, licensees and families, shall obey the parking regulations posted at the parking areas and drives, and any other traffic regulations promulgated in the future for the safety, comfort and convenience of the Unit owners. No motor vehicles which cannot operate on its own power shall remain within the Development for more than twelve (12) hours, and no repair of vehicle, except of emergency repairs shall be made within the Development. No commercial vehicle owned of driven by a Unit owner shall be parked in the Development. 21. HURRICANE PREPARATIONS: Each Unit owner or lessee who plans to be absent from his Unit during the hurricane season must. prepare the Unit prior to departure by: A. Remove all furniture and plants form the patio or balcony. B. Designating a responsible firm of individual to care for the Unit in the event that the Unit should suffer hurricane damage and furnish the Association with the name and phone number of such firm or individual. The designate firm or individual shall contact the Association for permission to install or to remove hurricane shutters.

The Sanctuary at Key Largo Condominium Association 22.COMPLIANCE WITH LAW: Owners will at all times maintain their Units, utilize the recreational facilities and, in general reside in the Development in compliance with all laws, zoning ordinances and regulations of all governmental authorities having jurisdiction over THE SANCTUARY AT KEY LARGO. 23. GUESTS: Unit owners and lessees shall notify the Association, in advance by written nogtice, of the arrival and departure dates of guests who have permission to occupy the Unit in the absence of the Unit owners and lessees. 24.WATERFRONT: In recognition of the fact that there are numerous variables including but not limited to degree of congestion and weather conditions at the waterfront areas, the Condominium Manager or employees under his direction have the sole authority to temporarily suspend or modify any of the following rules: A. No watercraft shall be left unattended in the launch area except that a watercraft may be left unattended at the "holding" (i.e., the launch basin pier perpendicular to the shoreline) for up to one hour for loading and unloading purposes. B. With regard to the dock extending from the clubhouse, no watercraft should be docked for more than 48 hours without being moved from the dock for usage. 25.WATERFRONT VIEW: Each Unit in the Sanctuary is entitled to have the view maintained from the unit as such view existed at the time of closing on the initial sale from the Developer. Amendment to Article III, Paragraph J of the Declaration of Condominium: "J.A unit may be used only for Single family residential purposes. For purposes of this paragraph, a "family" shall be defined as a number of persons related by blood, marriage or adoption, or not more than two unrelated persons living as a single household. The following occupancy restrictions shall apply only to the Sanctuary at Key Largo No.1 2, 3 and 4 a Condominium. Occupancy of a unit is limited to six (6) persons except in those situations where a unit is leased occupancy shall be limited to no more than four (4) persons. Unit owners and their guests in excess of these numbers shall be Rennitted permitted to visit and temporarily reside in the_unit for QQUo exceed seven U) days in total in a calendar year. The Board of Directors shall otherwise have the ability to grant hardship exceptions to the aforementioned restrictions in such situations as determined by the Board of Directors in the exercise of its sole discretion. Requests for exception may be declined with cause of explanation," 9 of 21

CLUBHOUSE RULES I. The Clubhouse should remain locked at all times. Owners are given a combination code for access. This code may be changed from time to time. II. Anyone 15 years of age or younger and all guests must to be accompanied by an adult Owner. III. Smoking and pets are welcome on the Clubhouse porch but not inside the Clubhouse. IV. A reservation is required for any exclusive use of the Clubhouse and/or gatherings in excess of the allowable occupants of a Unit (as stated in the Sanctuary Rules and Regulations). Upon reservation, a minimum 100.00 deposit is required for any additional cleaning and/or damage repair cost. Owner will be charged or reimbursed accordingly. The Sanctuary reserves the right to impose additional rules and/or conditions subject to type of use for which the reservation is made. V. Do not wear high heel shoes inside the Clubhouse. Our floor will not tolerate it. VI. Noise consideration should be extended for any activities after 10 PM. 11 of 21

Proposed Amendment to ARTICLE XVIII. Section B to establish a minimum lease period of three (3) months as follows: B. Rental or Lease -- A Unit shall not be leased or rented without the prior written approval of the Association, which approval shall not be unreasonably withheld. The Board shall have the right to require that a substantially uniform form of lease be used. No lease may be made for less than a ene three month period. The Board may require that any Owner wishing to lease a Unit deposit a sum to be determined by the Board (not to exceed one (1) month's rent) in escrow to be used to repair any damage to the Common Elements caused by the tenants of the Unit. Any unused funds in the escrow account, after deduction for repairs and administrative costs, will be returned to the Owner within 30 days of lease termination. 12 of 21

Doell 1673672 E HIBIT "A" Bkll 2335 PglI 657 THE RULES AND REGULATIONS OF THE SANCTUARY AT KEY LARGO 1. WORK WITHIN UNITS OR ITS LIMITED COMMON ELEMENTS a) Work may be performed during any month of the year. b) Work may only be performed on Monday through Friday, InclusiveJII No evenings, no holidays, no weekends. c) Work shall not commence prior to 8:00 am and shall not take place after 5:00 p.m. All workers must be out of the building and off the property by 5:30 p.m. d) Notwithstanding the above Work of a clear emergency nature such as a water leak which if not stopped will flood the Unit or a loss of electricity may be performed at any time. 13 of 21

EXHIBIT "B" Docat 1673672 Bkat 2335 Pgat 658 26. WATERCRAFT: PERMISSION TO ENTER THE PROPERTY: For a boaupwc (Personal Water Craft) and/or trailer to enter and/or be on Sanctuary property, the below requirements must be met in addition to Board approval prior to entry. Compliance with the below does not guaranty storagellaunch/retrieval and/or entry to the Sanctuary, Board approval is the final authority. The Board may require a test launch/retrieval prior to the approval of any boautrailer. A. Valid Registration, title, and insurance must be provided for all boats/pwc and trailers requesting entry into the Sanctuary. The name appearing on all documents must be identical to unit owner of the boatlpwc/trailer requesting entry. A boatlpwc/trailer with co-ownership of a non-unit owner will not be allowed on Sanctuary property. However, a board approved renter/lease holder has the same rights as a unit owner if that right has been transferred. The owner of that unit must remove their boatlpwc/trailer prior to the renter/lease holder requesting the use of the property and refrain from using this amenity until the renterllease holder vacates the property. The same ownership requirement applies to the renter/lease holder on names appearing on all documents. No other name besides the renter/lease holder will be a part owner of the boatlpwc/trailer requesting entry into the Sanctuary. Registration, title, and insurance must remain current and valid at all times on any boaupwc/trailer that is on Sanctuary property. B. The boat may not weigh more than 10,000 pounds wet (powered and fueled). If the Board is unable to determine weight, the Board will determine what evidence the owner must produce. C. The boatltrailer must be highway legal without requiring a special permit and no more than 9'8" wide. D. The trailer should have no more than 2 axles unless approved by the Board. The Board may require a test launch/retrieval prior to the approval of any boat/trailer. E. The trailer wheel base dimension should be no greater than 27'10". Wheelbase is measured from the centerline between axles on a twin axle trailer or the axle centerline on a single axle trailer, as the case may be, to the centerline of the trailer ball. F. The overall length of the combined boat, motor, trailer and any accessories there on shall not exceed 39'4". G. Boat/PWC and trailer must be serviceable, appearance must not present a state of disrepair or neglect, and the boatlpwc must be sea worthy as determined by the sole discretion of the Board. - 1-14 of 21

Docla 1673672 Bkla 2335 Pgla 659 H. The Board does not guarantee that compliance with the above will allow a boatlpwc/trailer onto Sanctuary property. Any boatlpwc/trailer may be refused entry or be required to vacate the property if in the Board's sole discretion it does not meet the intent of the Rules and Regulations as may be promulgated from time to time. 27. BOAT STORAGE AREA: A. There are no assigned boat parking spaces in the boat yard. Boats are positioned to facilitate the maximum allowable storage of resident's boats as well as allowing unobstructed movement of boats for launching and retrieval. B. When requiring your boat to be moved from the yard for launching or leaving the Sanctuary property during the normal hours of service (see 28 A below), please allow the Sanctuary Staff to move your boat out of the boat yard. After normal duty hours, movement of a boatlpwc/trailer from the boatyard by the owner/any other party requires notification of Sanctuary Staff/Board as soon as possible to prevent the mistaken notification to authorities of a possible theft. Removal without board/staff knowledge may result in actions by the Board against the owner. C. When entering or leaving the boat yard after normal hours (see 28 A below), please be sure to lock the gate. (Note: check no one is in the yard prior to locking up). D. If any marine maintenance company needs to remove or work on your boat in the boat yard please ask them to check in with the Sanctuary Staff. This will allow the Sanctuary to keep tabs on who is on the premises and reduce the possibility of boat and/or equipment theft and assign responsibility if any property Is damaged. E. Any onsite repairs must be accomplished in less than 2 days. F. No repairs, which could possibly affect other boats/pwc/trailers or the property, will be permitted. This includes painting, sanding and mechanical repairs. G. All boat owners should purchase Rubbermaid or similar storage sheds so that there is uniformity of storage lockers. H. No storage outside of approved lockers. Exceptions are push poles and outriggers, which are in good working order. 28. GENERAL RULES: A. Normal Hours of Service for the Staff are 8:15 am to 11 :45 am and 1 pm to 4:30 pm. B. Sanctuary Staff will not to move any if they determination an unsafe conditions exist. C. The ramp area and dock parallel to the ramp with the fish cleaning station on it is a launch and retrieve area. Boats may be rinsed down before being moved to the -2-15 of 21

Doca 1673672 Bka 2335 Pga 660 docking area as long as no other boat is waiting to be launched or retrieved. Time in this area should be minimized and at no time will boat operators leave their boat unattended. D. Boat operators will not leave their boats in the water If they leave the complex for more than 4 hours. E. There are no reserved spots for docking boats. When leaving the dock please take all lines and fenders with you. F. Boats are required to be tied up with the bows facing west. This will provide the best possible protection from bad weather causing swamping and sinking of docked boats. G. Owners with boats that that have shallow drafts, regardless of the boat length, should dock closer to the shore to help accommodate owner's boats that have larger drafts and may need to dock In deeper water. To help accommodate this, the Sanctuary has installed tie down cleats on both sides of the dock area where the Cheekie hut is located. H. PWC will be tied up on the shore side of the Cheekie hut. I. On days when the dock facilities are full, boaters should work together to attempt rafting up. This means tying one boat to the outside of the boat closest to the dock. This should not be done without the permission of the owner of the boat closest to the dock and it should be done the appropriate fenders and lines to protect both boats. J. Boats with physically challenged occupants may request their specific needs with the board for approval. K. When an approaching weather front or storm that may produce winds and/or waves that could damage a boat and/or dock, boats will not be launched and any boats should be removed from the docks and/or launching area as soon as possible. L. When Hurricane Procedures are in effect, boat launching is suspended. Unit owners are required to ensure their boat and area around their boat is secure with no items except their boat and storage shed left in the boatyard. All storage sheds will have 2 or 3 strapslropes tied around the shed depending on size of shed securing it to the fence. Owners should always leave their boat and boatyard area ready for hurricane season unless they come down each time to prepare their area. If Sanctuary employees are required to prepare your area to ensure safety of the boatyard, the boat owner will be billed for necessary straps and employee time to prepare the area at the employee's hourly rate. 29. ADDITIONAL RULES FOR VISITORS/GUESTS: -3-16 of 21

Doclt 1673672 Bklt 2335 Pglt 661 A. Use of an owner's boat by someone other than the owner requires notification to the board prior to any movement of the boat from the boatyard. Owners may pre-authorize other individuals to use their boat in their absence with a signed letter with the printed names of all individuals. In either case, the owner is responsible to ensure the individual(s) have been briefed and understand all Sanctuary Boat Rules. The owner sponsoring the guest is responsible for any damages caused or fines imposed due to disregard of any Sanctuary rules. B. No visitor/guest boats allowed on Sanctuary property except as stated in C below. C. A guest's boatfpwc may only arrive/depart by water and at no time is allowed on Sanctuary property other than the docks. Owner's requesting use of the dock by a guest's boat must get approval by a majority of the board prior to arrival of guest boatlpwc. Boats larger than 23 feet are not allowed at our dock. Requests should be submitted one week in advance or with a much notice as possible to allow the board time to review the request. Last minute notices to the board run the risk of their guest being barred from use until board approval. Requests must have copy of the boat registration and insurance corresponding to the boatlpwc's registration before they are allowed to dock at the Sanctuary. Approved guest's arriving between 8-5 are required to check in with the Sanctuary Staff when they arrive. Guest's arriving after hours are required to check in first thing the next morning. A guest's boatlpwc not checking in is subject to tow at owner's expense. The sponsoring owner is responsible to ensure the individual(s) have been briefed and understand all Sanctuary Boat Rules. The owner sponsoring the guest boat is responsible for any damages caused or fines imposed due to disregard of rules. D. Owner's boats have priority at the dock. If parking becomes an issue that would cause an owner not to have a dock space, the visitor/guest will be required to moor their boat away from the dock until a space is available. - 4-17 of 21

BOAT LAUNCH SECURITY Dod 1673672 2335 662 1. It will be required that the name of any person, other than the registered Unit Owners, who requests launching of a Unit Owner's boat must be Faxed, mailed, or emailedtothe Sanctuary prior to the request being made. This request must be signed by the Unit Owner. If any owner would like to pre-authorize other individuals to request launching of their boat please print the names below: 2. Anyone other than the Unit Owner requesting to remove the Unit Owner's boat for the purposes of launching or removal from the premises with a personal vehicle should be instructed to contact the Maintenance Personnel on Duty. The unit owner should provide in advance the names of the individual authorized to remove the Unit Owner's boat. The authorization can be sent by FAX to 305-451-4844 or by Mail to The Sanctuary At Key Largo, P.O. Box 2968, Key Largo, FL 33037, or by email to: theasanctuarv bellsouth.net. If you are providing the Sanctuary with a Personal Gate Code or Names of individuals as requested on this form please sign below. We will keep this on file in the office. UNIT OWNERS SIGNATURE PLEASE PRINT NAME MIA_Oil: 508148/26240:1022987_1 MONROE COUNTY OFFICIAL RECORDS - 5-18 of 21

USE EQUIPMENT AT YOUR OWN RISK Rules for the use of The Residence at The Sanctuary 1. Opening hours are from 6 am to 9 pm. Overnight stay in The Residence is not permitted. 2. Adult guests must be accompanied by an owner. Persons under the age of 16 are not permitted in The Residence. Animals/Pets are not allowed at anytime. 3. Rubber soled shoes that cover the entire foot must be worn at all times. For health and safety reasons, sandals, spiked shoes, work boots, flip flop types of shoes and bare feet are not permitted. 4. Proper fitness attire, including shirts or tops, must be worn at all times. 5. Please use equipment as directed. The Residence is not supervised and you are exercising at your own risk. 6. If you experience dizziness or discomfort, discontinue exercise. 7. Food is not permitted in The Residence. ONLY closed, plastic beverage containers are allowed. Should a spill occur, please clean up as soon as possible and notify the staff of any damage to the facilities or equipment. 8. Please be considerate of others and wipe down equipment after each use with a towel or other cloth provided. 9. Cardiovascular equipment use is limited to 20 minutes when people are waiting. 10. Please ensure that the lights and air conditioner are turned off and windows are closed before you leave The Residence. 11. Please report any problems with the equipment to staff. 12. No organized classes are allowed. 13. For hygiene reasons, shower facility is only for those exercising in The Residence. Please do not use if coming from the pool or bay or as an extra shower facility for the condo complex. USE EQUIPMENT AT YOUR OWN RISK 19 of 21

Pool Rules Shower before entering. No food or drink, within concrete and pool area, wood deck only. No glass inside pool gates. No pets inside pool gates. No diving allowed. Children under thirteen must have adult supervision. Clean up after yourself & close umbrellas, before leaving pool area. Use at your own risk. Maximum capacity 11 persons at one time. Pool Hours 8:00 a.m. to one half hour before sunset 20 of 21

AMENDMENT TO THE BY LAWS BY LAWS OF THE SANCTUARY AT KEY LARGO CONDOMINIUM ASSOCIATION. ASSOCIATION, INC. (Additions Indloated by underlining; Deletions by strlklrg tarewgr) VOTE TO AMEND ARTICLE IV OF THE BY LAWS BY LAWS TO INCLUDE WITHIN THE POWERS AND DUTIES OF THE ASSOCIATION A NEW PARAGRAPH 21 AS FOLLOWS: 21. To assign. sqblect sgblect to the other restrictions restrfctlons contained herelo. herein. and the rules aod and regulations. one area of acproxlmatelv aeproxlmatelv 10 foot by bv 40 feet to each unit for storaafl storage of approved watercraft. Such adlgnment aulgoment shall bfl be gublect \0 ohangfl ohange or flgllocatlon regllocatlon from time to time. as long ag ad eaoh UnR UOR In 10 the Condomiolums Condominiums opereted by the AsSQolatlon A!soolatloO shgll be gsslgned one onfl (1) space. Additionally. suoh DOWer cower shaulnclyde shall InclYde the thfl right to deslgnats, deslgoats, thl! use of all unasslgoed unassigned space In the Boat 819rege SIQrege Area for any lawful purcosl!. purpose. Any g s/gnment g s/gomenl shall Qe sublect syblect to a Unit mgiotainiog mglntglnlng ourrent all flngnolal flogoolal ob!!gallgns ob!!gatlgos to Ihe thl! association and the thl! ynlt god goy Unit Owner being 10 In oompllanort,«lth -«'Ih all Ihe the restrlollong. restdo!long. rulfls ryles and regulations regulgllons conlaln d oonlaln d,«!thin 1M the governing Any breaoh of the fimmolal obligations or ylolatlon of the restrlotlons. restrfotlons. rules and add regulations 89ufatlons shall resy" resyfl In the suspension of thtl asslgoment for so Ioog long as suoh guoh financial fioanclal gbuqatlgns obuqatlons haye have Opt beeo mat met or aoy ylolat/oos ylolatloos hgv nol not been cured. 21 of 21