in this subsection shall expire and be of no further force or effect.
24. Article X. Section 21 shall be amended as follows (additions are shown as double-underlined and deletions are shown as
HOTEL. TIMESHARE OR INTERVAL OWNERSHIP PROGRAM. Declarant, in its discretion, may, subject to any County requirements, (i) develop or operate portions of the Committed Property as a hotel or resort, or (ii)
s ubjec t develop or operate certain Homes t o as a timeshare plan, fractional plan, exchange program or club, or travel or vacation club comprised of a trust, corporation, cooperative, limited liability company, partnership, equity plan, non-equity plan, membership program, or any such other similar programs, structures, schemes, devices or plans of any kind whereby the right to exclusive use of the Home rotates among multiple owners or members of the program on a fixed or floating time schedule over a period of years, by Supplemental Declaration. Such Supplemental Declaration may include provisions applicable only to such Homes and Owners thereof, including, but not limited to provisions governing houseguests, exchange of use rights, rental of Homes, and requirements for membership in the Club. No vacation ownership ~ timeshare plans, fractional plans, exchange programs or clubs, or travel or vacation clubs comprised of a trust, corporation, cooperative, limited liability company, partnership, equity plan, non-equity plan, membership program, or any such other similar programs, structures, schemes, devices or plans of any kind shall (a) shaH be created, established, operated or maintained with respect to the Committed Property or the Lots, (b) 5haJl acquire or accommodate a Home or Lots, afl6 ru: (c) shaH not be permitted to incorporate a Home or Lot into such entity, program, structure, scheme, device or plan, except by the Declarant or except with the prior written authorization from the Declarant, which authorization may be given or withheld in the Declarant's sole and absolute discretion, and which authorization shall be evidenced by a Supplemental Declaration executed by the Declarant, recorded in the Public Records, and containing a reference to these CC&Rs and this Section.
25. Article XIIl, Section 2 shall be amended as follows (additions are shown as double-underlined and deletions are shown as
strike thro u gh):
NOTICES. Any notice or other communication required or permitted to be given or delivered hereunder shall be deemed properly given and delivered upon the mailing thereof by United States mail, postage prepaid, to: (i) each Owner, at the United States address of the person whose name appears as the Owner on the records of the Association at the time of such mailing and, in the absence of any specific address, at the address of the Home owned by such Owner; (ii) the Association, certified mail, return receipt requested, at 505 S. Flagler Drive Suite 900, West Palm Beach, Florida 33401
215 Cele b ratio n Pla c e, S ui te 200, Cele b ratio n , FL 34747 or such other address as the Association shall hereinafter notify Declarant and the Owners of in writing; and (iii) Declarant, certified mail, return receipt requested, at 505 S. Flagler Drive Suite 900, West Palm Beach, Florida 33401 215 Cele b ratio n Pla c e, Suite 200, Cele b ratio n , FL 34747, or such other address or addresses as Declarant shall hereafter notify the Association of in writing, any such notice to the Association of a change in Declarant's address being deemed notice to the Owners.
26. Article XIII, Section 9, Subsection E shall be amended as follows (additions are shown as double-underlined and deletions are shown as
strike t through ):
Notwithstanding anything to the contrary herein contained, no amendment to these CC&Rs shall be effective which shall impair or prejudice the rights or priorities of Declarant, (including but not limited to rights of Repurchase and the Featured Builder program set forth