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<br />Declaration of Restrictions <br />Page Z <br /> <br />Isles Building and Zoning Department, and by referenee made a part of this <br />Declaration. <br /> <br />(3) That the apartment hotel will provide a management company for the life of the <br />building to ensure professional management and opemtions of the facility. <br /> <br />(4) Otv InsDectlon_ As fwther part of this Declaration, it is hereby uuderstood and <br />agreed that any official inspector of the City of Sunny Isles Building and Zoning, or <br />its agents duly authorized, may have the privilege at anytime during normal working <br />hoors of entering and inspecting the use of the premises to determine whether or not <br />the requirements of the building and zoning regulations and the conditions herein <br />agreed to are being complied with. <br /> <br />(5) Covenant Runnlnl! with the Land. This Declaration on the part of the Owners <br />shall constitute a covenant running with the land and may be recorded in the public <br />records of Miami-Dade County, Florida and shall remain in full force and effect and <br />be binding upon the Owners, and their heirs, successors and assigns until such time <br />as the same is modified or released, except that the covenants contained in provision <br />3 may not be modified. These restrictions dwing their lifetime shall be for the <br />benefit of, and limitation upon, all present and future owners of the real property and <br />for the public welfare. <br /> <br />(6) Inm. With the exception of paragraph 3, which is to run in pCIpctuity, this <br />Declaration is to run with the land and shall be binding OD all parties and all persons <br />claiming under it for a period of thirty (30) years from the date this Declaration is <br />recorded after which time it shall be extended automatically Declaration of <br />Restrictions for suc~ssive periods often (10) years each, unless an instrument signed <br />by a majority of the, then, owner(s) of the Property has been recorded agreeing to <br />change the covenant in whole, or in part, provided that the Declaration has first been <br />modified or released by Miami-Dade County. <br /> <br />(7) Modification. Amendment. Release. With the exception of paragraph 3, which may <br />not be modified, this Declaration may be modified, amended or released lIS to the <br />land herein described, or any portion thereof, by a written instrument executed by the, <br />then, owner or a majority of the owners of all of the Property provided that the same <br />is also approved by the City of Sunny Isles Beach, Florida, whichever by law has <br />jurisdiction over such matters, after public hearing. No modification that affects the <br />School Boiltd shall be permitted unless prior approval is obtained from the School <br />Board. <br /> <br />\7J2l2\107S4'<11l71l8 v2 <br />4/12101 <br />