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______________________________
BY–LAWS
OF
MAINSTREET
HOMEOWNERS ASSOCIATION, INC
A corporation Not-for-Profit Under
The Laws of the State of Florida
1. IDENTITY
These are the By-Laws of the MainStreet Homeowners Association, Inc. (hereinafter the "Association"), the Articles of Incorporation of which were filed in the office of the Secretary of State of Florida on the 7th day of October, 1986. The Association has been organized for the purpose of holding title in fee simple to and administering the operation and management of all of the common areas of MainStreet, a residential development in Palm Beach County, Florida, and all of the recreation and/or community facilities located upon said lands. The Association will administer the operation and community facilities pursuant to these By-Laws and the Declaration of Covenants and Restrictions of MainStreet (the "Declaration") and the Articles of Incorporation of the Association. In the event of any conflict between any provision of these By-Laws and any provision of the Declaration, the Declaration shall control. MainStreet is located within the Bay Winds P.U.D., which is subject to a certain Declaration of Covenants and Restrictions of Bay Winds P.U.D. which was recorded at O.R. Book 4414, Page 0101, Palm Beach County Public Records. Members of the Association will also be members of the BW Homeowners Association (but not all members of the BW Association are entitled to be members of this Association). The Association will not administer, operate, manage or maintain, or pay for the administration, operation, management or maintenance of any of the property which the BW Homeowners Association is obligated to administer, operate manage or maintain unless the Association, after Board approval, enters into one or more agreements with the BW Homeowners Association so providing.
1.1 Office. The office of the Association shall be at 3350 N.W. 53rd Street, Suites 106-107, Fort Lauderdale, Florida 33309, or at such other place or places as the Board of Directors may determine from time to time.
1.2 Fiscal Year. The fiscal year shall be the calendar year.
1.3 Seal. The seal of the Association shall have inscribed thereon the name of the Association, the year of its organization and the words "Corporation Not-for-Profit". Said seal may be used by causing it, or a facsimile thereof may use seal, to be impressed, affixed or otherwise reproduced upon any instrument or document executed in the name of the Association.
2. MEMBERSHIP AND MEMBERS’ MEETINGS.
2.1 Qualification. The membership of the Association shall consist of all those persons entitled to membership as provided in the Declaration.
2.2 Change of Membership. After receiving approval of the Association, as elsewhere required, change of membership in the Association shall be established by recording in the Public Records of Palm Beach County, Florida, a deed or other instrument establishing a record title to a lot in MainStreet and delivery to the Association of a certified copy of such instrument, the grantee on such instrument thereby immediately becoming a member of the Association in the place and stead of the prior owner. The membership of a prior owner shall thereby be simultaneously terminated.
2.3 Annual Members’ Meeting. The annual meeting shall be held at the office of the Association at 6:00p.m. Eastern Standard Time on the first Tuesday in December of each year for the purpose of electing directors and transacting any other business; provided that if the date for the first annual meeting of members subsequent to relinquishment of control by Declarant is less than six (6) months after the first election of directors by the membership of the Association, the first annual meeting shall not be held, and the directors first elected by the membership of the Association shall serve until the date for the next following annual meeting.
4. Special Meetings. Special meetings shall be the office of Association whenever called by the President, Vice President or a majority of the Board of Directors and/or by the members entitled to cast one-third (1/3) of the votes of the entire membership. The business conducted at a special meeting shall be limited to that stated in the notice of the meeting.
5. Transfer of Association Control. The transfer of control of the Association to the Owners other than Declarant shall take place at a regular or special meeting of members in accordance with the procedural requirements set forth in the Articles of Incorporation and the Declaration.
6. Notice of Meetings. Notice of all members meetings stating the time and place and the object for which the meeting is called shall be given by the President, Vice President or Secretary, unless waived in writing. Such notice shall be written or printed and shall state the time, place and object for which the meeting is called. Such notice shall be given to each member not less than fourteen (14) days, nor more than sixty (60) days prior to the date set for such meeting, which notice shall be mailed or presented personally to each member within said time. If presented personally, receipt from such notice shall be signed by the member, indicating the date on which such notice was received by him. If mailed, such notice shall be deemed to be properly given when deposited in the United Stated Mail, addressed to the member at the last post office address as said member’s address appears on the records of the Association and the postage thereon pre-paid. Proof of such mailing shall be given by the affidavit of the person giving the notice. Any member may, by written notice signed by such member, waive such notice, and such waiver when filed in the records of the Association, whether before or after the holding of the meeting, shall be deemed equivalent to the giving of such notice of such member.
7. Quorum. A quorum at members’ meetings shall consist of the presence in person or by proxy of one-quarter (1/4) of the votes of the entire membership. The acts approved by a majority of the votes present at a meeting at which a quorum is present shall constitute the acts of the members, except where approval by a greater number of members is required by the Declaration, the Articles of Incorporation or these By-Laws.
8. Voting. In any meeting of members, the owners of Lots or Dwelling Units other than Declarant and Developers shall be entitled to cast one (1) vote for each Lot or Dwelling Unit so owned, provided that if a Lot or Dwelling Unit is owned by more than one (1) person, his right to vote shall be established on the roster of Owners kept by the Secretary of the Association. Prior to Turnover (as defined in the Declaration), Declarant shall be entitled to three (3) votes for each Lot or Dwelling Unit owned by it or which it may submit to the Declaration and three (3) votes for each Lot or Dwelling Unit owned by Developer. If a Lot or Dwelling Unit is owned by more than one (1) person, the person entitled to cast the vote for the Lot or Dwelling Unit shall be designated by a certificate signed by all of the record owners of said lot or Dwelling Unit filed with the Secretary of the Association. If a Lot or Dwelling Unit is owned by a corporation, the person entitled to cast the vote for the corporation shall be designated by a certificate signed by the president or vice president and attested by the secretary or assistant secretary 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 change in the ownership of the Lot or Dwelling Unit concerned takes place, and in the event that such a change of ownership transpires, such change of ownership shall be evidences by the recording of a deed transferring title to the subject Lot or Dwelling Unit in the Public Records of Palm Beach County, Florida. A certificate designating the person entitled to cast the vote of a Lot or Dwelling Unit may be revoked by any owner thereof. If such certificate is not on file, the vote of such owners shall not be considered in determining the requirement for a quorum or for any other purpose. Members of Special Membership classes, as may be created from time to time, shall have no voting rights whatsoever.
9. Proxies. Votes may be cast in person or by proxy. A proxy may be made by any person entitled to vote and shall be valid only for the particular meeting designated thereon and must be filed with the Secretary before the appointed time of the meeting, or by any adjournment thereof. Declarant shall be deemed to have an irrevocable proxy from each Developer to cast all votes which such Developer would otherwise be entitled to cast.
10. Adjourned Meetings. If any meeting of members cannot be organized because a quorum is not present, the members who are present, either in person or by proxy, may adjourn the meeting from time to time and at each subsequently adjourned meeting, the quorum shall be reduced by five percent until a quorum is present.
11. Presiding Officer. At meetings of the membership, the President shall preside, or in his absence, the Vice President shall preside, or in the absence of both, the membership shall select a chairman.
12. Order of Business. The order of business at annual members meetings shall be:
2.12.1 Determination of chairman of the meeting;
2. Calling of roll and certifying proxies;
3. Proof of notice of meeting or waiver of notice;
4. Reading and disposal of any unapproved minutes;
5. Reports of officers;
6. Reports of Committees;
7. Election of inspectors of election;
8. Election of directors;
9. Unfinished business;
10. New Business; and
11. Adjournment.
2.13 Proviso. Provided, however, that prior to Turnover (as defined in the Declaration), the proceedings of all meetings of members of the Association shall have no effect unless expressly approved in writing by the Board of Directors.
1. DIRECTORS
1. Membership. The affairs of the Association shall be managed by a Board of Directors and the number of directors shall be determined as follows:
1. Three (3) directors initially, which number shall remain the same until the Declarant relinquishes control as hereinafter provided for, and the first election for members of the Board of Directors is held.
2. Three (3) directors to be elected at the first election of directors
1. The number of directors shall remain the same three (3) unless said number shall be changed by a vote of the Association membership at a meeting to be held at least six (6) months prior to the time for the election of the Board of Directors.
1. Election of Directors. Election of directors shall be conducted in the following manner:
1. Election of directors shall be held at the annual members’ meeting.
2. A nominating committee of three members shall be appointed by the Board of Directors not less than thirty (30) days prior to the annual members’ meeting. The committee shall nominate one (1) person for each director then serving or to serve as may be adjusted by a vote of the membership as hereinabove provided for. Other nominations may be made from the floor.
3. The election shall be by ballot (unless dispensed with by unanimous consent) and by a plurality of the votes cast, each person voting being entitled to cast his votes for each of as many nominees as there are vacancies to be filled. There shall be no cumulative voting.
4. Except as to vacancies provided by removal of directors by members, vacancies in the Board of Directors occurring between annual meetings of members shall be filled by the remaining directors.
5. Any director may be removed by concurrence of two-thirds (2/3) of the votes of the entire membership, at a special meeting of the members called for that purpose. The vacancy in the Board of Directors so created shall be filled by the members of the Association at the same meeting.
3.2.6 Provided, however, that until Turnover, the first directors of the Association shall serve, and in the event of vacancies, the remaining directors shall fill the vacancies. If there are no remaining directors, the vacancies shall be filled by the Declarant.
3.3 Term. The term of each director’s service shall extend until the next annual meeting of the members and thereafter until his successor is duly elected and qualified or until he is removed in the manner elsewhere provided.
3.4 Organizational Meeting. The organizational meeting of a newly-elected Board of Directors shall be held within ten (10) days after their election at such place and time as shall be fixed by the directors of the meeting at which they were elected, and no further notice of the organization meeting shall be necessary.
3.5 Regular Meetings. Regular meetings of the Board of Directors may be held at such time and place as shall be determined from time to time by a majority of the directors. Notice of regular meetings shall be given to each director, personally or by mail or by telephone or telegraph, at least three (3) days prior to the day named for such meeting.
3.6 Special Meetings. Special meetings of the directors may be called by the President and must be called by the Secretary at the written request of one-third (1/3) of the directors. No less than three (3) days notice of the meeting shall be given personally or by mail, telephone or telegraph, which notice shall state the time, place and purpose of the meeting.
3.7 Waiver of Notice. Any director may waive notice of a meeting before or after the meeting, and such waiver shall be deemed equivalent to the giving of notice.
3.8 Quorum. A quorum at directors’ meetings shall consist of a majority of the entire Board of Directors. The acts approved by a majority of those present at a meeting at which a quorum is present shall constitute the acts of the Board of Directors, except when approval by a greater number of directors is required by the Declaration, the Articles of Incorporation or these By-Laws.
3.9 Adjourned Meeting. If, at any meeting of the Board of Directors, there be less than a quorum present, the majority of those present may adjourn the meeting from time to time until a quorum is present. At any adjourned meeting any business which might have been transacted at the meeting originally called by be transacted without further notice.
3.10 Joinder in Meeting by Approval of Minutes. The joinder of a director in the action of a meeting by signing and concurring in the minutes shall constitute the presence of such director for the purpose of determining a quorum.
3.11 Presiding Officer. The presiding officer of directors’ meetings shall be the Chairman of the Board if such an officer has been elected; and if none, the President shall preside. In the absence of the presiding officer, the directors present shall designate on of their number to preside.
3.12 Order of Business. The order of business at directors’ meetings shall be:
3.12.1 Calling of roll;
3.12.2 Proof of due notice of meeting;
3.12.3 Reading and disposal of any unapproved minutes;
3.12.4 Reports of officers and committees;
3.12.5 Election of officers;
3.12.6 Unfinished business; and
3.12.7 Adjournment.
4. POWERS AND DUTIES OF THE BOARD OF DIRECTORS.
4.1 General. All of the powers and duties of the Association existing under the Declaration, the Articles of Incorporation and these By-Laws, shall be exercised exclusively by the Board of Directors, its agents, contractors or employees, subject only to approval by Dwelling Unit Owners when such approval is specifically required, Such powers and duties of the directors shall include, but not limited to, the following; subject, however, to the provisions of the Declaration, the Articles of Incorporation and these By-Laws:
4.1.1 To purchase insurance upon the common areas and common property of the Association, which shall include, but not be limited to, furniture, office equipment and recreational facilities and workmens’ compensation insurance as required by the laws of the State of Florida and to purchase additional insurance, which the Association in its discretion deems advisable, for the protection of the Association and its members.
4.1.2 To make and collect assessments, including specific unit assessments, as provided in the Declaration, against members of the Association to defray the costs, expenses and losses of the development and the Association.
4.1.3 To contract for the management of the common areas and areas and/or community facilities and to delegate to the contract all powers and duties of the Association, except such as are specifically required by the Declaration or these By-Laws to have approval by the Board of Directors or the members of the Association.
4.1.4 To acquire and enter into agreements whereby it acquires leaseholds, memberships and other possessory or use interests in lands or facilities, whether or not contiguous to the lands of MainStreet, intended to provide for the enjoyment, recreation or other use and benefit of the Dwelling Unit Owners, and to declare expenses in connection therewith to be common expenses.
4.1.5 To pay all costs of electric power, gas, water, sewer and other utility services rendered to the development and not billed to the owners of the Dwelling Units.
4.1.6 To enforce by legal means, the provision of the Articles of Incorporation, these By-Laws and the Declaration, and the rules and regulations hereinafter promulgated, governing the use of the common areas and/or community facilities.
4.2 Rules and Regulations. The Board of Directors shall adopt such rules and regulations relative to the common areas and/or community facilities as they shall deem necessary and proper from time to time; provided, however, that the Declarant reserves the right to establish such rules and regulation until such time as the Declarant terminates its control of the Association.
4.3 Leases and Contracts. The undertakings, leases and contracts authorized by the initial Board of Directors shall be binding upon the Association in the same manner and with the same effect as though such undertakings, leases and contracts had been authorized by the first Board of Directors, duly elected by the membership after the Declarant has relinquished control of the Association, notwithstanding the fact that members of the initial Board of Directors may be directors or officers of, or otherwise associated with, the Declarant or other entities doing business with the Association.
5. OFFICERS.
5.1 Executive Officers. The executive officers of the corporation shall be a President, who shall be a director; a Vice President, who shall be a director; a Treasurer and a Secretary, all of whom shall be elected annually by the Board of Directors and who may be peremptorily removed by vote of the directors at any meeting by concurrence of a majority of all of the directors. Any person may hold two (2) or more offices. The Board of Directors shall, from time to time, elect such other officers and designate their powers and duties as the Board shall find to be required to manage the affairs of the Association.
5.1.1 President. The President shall be the chief executive officer of the Association. He shall have all of the powers and duties which are usually vested in the office of president of an association, including, but not limited to, the power to appoint committees from among the members from time to time, as he may in his discretion deem appropriate to assist in the conduct of the affairs of the Association.
5.1.2 Vice President. The Vice President shall, in the absence or disability of the President, exercise the powers and perform the duties of the President. He shall also assist the President generally and exercise such other powers and perform such other duties as prescribed by the directors.
5.1.3 Secretary. The Secretary shall keep the minutes of all proceedings of the directors and the members. He shall attend to the giving and servicing of all notices to the members and directors and other notices required by law. He shall have custody of the seal of the Association and affix the same to instruments requiring a seal when duly executed. He shall keep the records of the Association, except those of the Treasurer, and shall perform all other duties incident to the office of secretary of an association and as may be requires by the directors or the President. An Assistant Secretary may be elected to perform the duties of the Secretary when the Secretary is absent.
5.1.4 Treasurer. The Treasurer shall have custody of all property of the Association, including funds, securities and evidences of indebtedness. He shall keep books of account for the Association in accordance with good accounting practices, which, together with substantiating papers, shall be made available to the Board of Directors for examination at reasonable times. He shall submit a Treasurer’s report to the Board of Directors at reasonable intervals and shall perform all other duties incident to the office of Treasurer.
5.2 Compensation. No compensation shall be paid to any officer or director of the Association, for service in such capacity, but officers and directors may be reimbursed by the Association for their reasonable and necessary expenses incurred in the performance of their duties.
6. FISCAL MANAGEMENT.
The provisions for fiscal management of the Association set forth in the Declaration and the Articles of Incorporation shall be supplemented by the following provisions:
6.1 Accounts. The receipts and expenditures of the Association shall be credited and charged to accounts which shall include, but not limited to, the following classifications as shall be appropriate, all of which expenditures shall be common expenses:
6.1.1 Current Expenses. Current expenses shall include all receipts and expenditures to be made within the year for which the budget is made, including a reasonable allowance for contingencies and working funds, except expenditures chargeable to reserve or to betterments. The balance in this fund at the end of the year shall be applied to reduce the assessments for current assessments for the succeeding year.
6.1.2 Reserve for Deferred Maintenance. Reserve for deferred maintenance shall include funds for maintenance items which occur less frequently than annually.
6.1.3 Reserve for Replacement. Reserve for replacement shall include funds for repair or replacement required because of damage, depreciation or obsolescence.
6.1.4 Betterments. Betterments shall included the funds which may be used for capital expenditures for additional improvements or additional personal property.
6.2 Transfer of Funds. The Board of Directors, upon a two-thirds (2/3) vote of its membership, shall have the authority, during a budget year, to transfer funds which, in its discretion, it deems unnecessary to hold for the purpose of a particular account, to and for the use of another purpose in another account.
6.3 Budget. The Board of Directors shall adopt a budget for each calendar year which shall include the estimated funds required to defray the common expenses and to provide and maintain funds for accounts and reserves. Copies of the budget and proposed assessments shall be transmitted to each member on or before the first day of December preceding the year for which the budget is made. If the budget is subsequently amended, a copy of the amended budget shall be furnished to each member. Delivery of a copy of any budget or amended budget to each members shall not affect the liability of any member for any such assessment; neither shall delivery of a copy of such budget or amended budget be considered as a condition precedent to the effectiveness of such budget, and assessments levied pursuant thereto, and nothing herein contained shall be construed as restricting the right of the Board of Directors, at any time, in its sole discretion to levy additional assessments in the event that the budget originally adopted shall appear to be insufficient to pay costs and expenses of operation and management, or in the event of emergencies.
6.4 Assessment for Common Expenses. Assessment against the Dwelling Unit Owners for their share of the common expenses shall be made for the calendar year annually in advance, on or before the 20th day of December preceding the year for which the assessments are made. Such assessments shall be due in four (4) equal quarterly installments, on the first day of March and the first day of each quarter thereafter of 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 quarterly installments thereon shall be due upon each installment payment date until changed by an amended assessment. In the event the annual assessment proves to be insufficient, the budget and assessments therefore may be amended at any time by the Board of Directors. The unpaid assessment for the remaining portion of the calendar year for which the amended assessment is made shall be due and payable in equal quarterly installments for the full quarters remaining in the assessment year.
6.5 Assessments for Charges. Charges or special assessments by the Association, should such be required by the Board of Directors, shall be levied in the same manner as hereinbefore provided for regular assessments and shall be payable in the manner determined by the Board of Directors.
6.6 Acceleration of Assessment Installment Due Upon Default. If a Dwelling Unit 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 assessments upon notice thereof to the Dwelling 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 Dwelling Unit owner, or not less than twenty (2) days after the mailing of such notice to him by registered or certified mail, whichever shall occur first.
6.7 Assessments for Emergencies. Assessments for common expenses for emergencies that cannot be paid from the annual assessment for common expenses shall be due only after fifteen (15) days notice to the Dwelling Unit Owners concerned and shall be paid in such manner as the Board of Directors of the Association may require in the notice of assessment.
6.8 Depository. The depository of the Association shall be such bank or banks as shall be designated from time to time by the directors and in which the monies of the Association shall be deposited. Withdrawal of monies from such accounts shall be only by checks signed by such persons as are authorized by the directors.
6.9 Review. A review of the accounts of the Association shall be made annually by a certified public accountant and a copy of the report thereon shall be furnished to each member and to any institutional first mortgagee requesting a copy not later than April 1st of the year following the year for which the audit is made. The review of the accounts of the Associations conducted prior to and in connection with Turnover shall be audited.
6.10 Fidelity Bonds. Fidelity bonds shall be required by the Board of Directors from all persons handling or responsible for Association funds. The amount of such bonds and the sureties shall be determined by the directors. The premiums on such bonds shall be paid by the Association as a common expense.
6.11 Termination of Membership. The termination of membership in the Association by transfer of deed or otherwise, shall not relieve or release any such former owner or a member from liability or obligation incurred under or in any way connected with the development during the period of such ownership and membership, or impair any rights or remedies which the Association may have against such former owner and member arising out of or in any way connected with such ownership on membership and the covenants and obligations incident thereto.
7. RULES AND REGULATIONS.
The Board of Directors may from time to time adopt, or amend previously adopted, administrative rules and regulations governing the details of the operation, use, maintenance, management and control of the common areas of the development and any facilities or services made available to the Dwelling Unit Owners. The Board of Directors shall, from time to time, post in a conspicuous place at the development, a copy of the rules and regulations adopted from time to time by the Board of Directors. In addition, the Board of Directors may, from time to time, adopt or amend previously adopted rules and regulations governing and restricting the use and maintenance of the Dwelling Unit Owner affected thereby, prior to the time same become effective, and where applicable or desirable, copies thereof shall be posted in a conspicuous place.
8. REGISTERS.
8.1 Register of Members. The Secretary of the Association shall maintain a register in the Association office showing the names and addresses of members. It shall be the obligation of the individual members to advise the Secretary of the Association of any change of address and ownership as otherwise provided. The Association, for purposes of notification, shall have the right to rely on the last given address of each of the members. A copy of such register shall be furnished tot eh Community Association within fifteen (15) days of request therefore by the Community Association.
8.2 Register of Pledged or mortgaged Dwelling Units. The Association shall maintain a suitable register for the recording of pledged or mortgaged Dwelling Units. Any pledgee or mortgagee of a Dwelling Unit may, but is not obligated to, notify the Association in writing of the pledge or mortgage. In the event that a notice of default is given to any member under an applicable provision of these By-Laws, the Articles of Incorporation or the Declaration, a copy of such notice shall be mailed to the registered pledgee or mortgagee.
1. AMENDMENTS.
These By-Laws may be amended in the following manners:
9.1 Notice. Notice of the subject matter of a proposed amendment shall be included in the notice of any meeting at which a proposed amended is to be considered.
9.2 Resolution. A resolution adopting a proposed amendment may be proposed by either the Board of Directors of the Association or by the members of the Association. Directors and members not present in person or by proxy at the meeting, considering 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 either:
9.2.1 Not less than two-thirds (2/3) of the entire membership of the Board of Directors and by not less than fifty-one percent (51%) of the votes of the entire membership of the Association; or
9.2.2 By not less than seventy-five percent (75%) of the votes of the entire membership of the Association; or
9.2.3 By all of the directors, until the first election of directors.
9.3 Proviso. Provided, however, that no amendment shall discriminate against any Dwelling Unit Owner or against any Dwelling Unit or class or group of Dwelling Units, unless the Dwelling Unit Owners so affected shall consent. No amendment shall be made which is in conflict with the Articles of Incorporation or the Declaration.
9.4 Execution and Recording. A copy of each amendment shall be attached to a certificate certifying that the amendment was duly adopted as an amendment of the By-Laws, which certificate shall be executed by the officers of the Association with the formalities of a deed. The amendment shall be effective when such certificate and a copy of the amendment are recorded in the Public Records of Broward County, Florida.
9.5 Declarant. Notwithstanding the foregoing provisions of this Article, no amendment to these By-Laws may be adopted or become effective prior to the relinquishment of control of the Association by the Declarant, without the prior written consent of the Declarant. As used in these By-Laws, Declarant means BW2 Associates, a Florida general partnership, its successors and assigns.
10.REAL PROPERTY TAXES.
The real property taxes assessed on each Dwelling Unit, including any improvements thereon, shall be a separate expense of the individual Dwelling Unit Owners. The property taxes assessed on the lands comprising the common areas, including any improvements thereon, however, shall constitute a common expense to be paid in the manner set forth above.
11.PARLIMENTARY RULES.
Robert’s Rules of Order (latest edition) shall govern the conduct of Association meetings when not in conflict with the Declaration, the Articles of Incorporation or these By-Laws.
12.MISCELLANEOUS.
12.1 Whenever the context so permits, the use of the singular shall include the plural and the plural shall include the singular, and the use of any gender shall include all genders.
12.2 Should any of the covenants herein imposed be void or become unenforceable at law or in equity, the remaining provision of the instruments shall, nevertheless, be an remain in full force and effect.
12.3 If any irreconcilable conflict should exist or hereinafter arise, with respect to the interpretation of these By-Laws and the provisions of the Declaration, the Declaration shall govern.
12.4 Corporation and Association are used synonymously herein.
The foregoing was adopted as the By-Laws of the MainStreet Homeowners Association, Inc., a Florida corporation not-for-profit, at the first meeting of the Board of Directors on the _____ October, 1986