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transferred, pledged, hypothecated, conveyed or alienated in any way except upon the transfer of
title to said Unit and then only to the transferee of title to such Unit. Any attempt to make a
prohibited transfer shall be void. Any transfer of title to a Unit shall operate automatically to
transfer the membership in the Association appurtenant thereto to the new Owner thereof.

9.3 Voting.

9.3.1 Number of Votes. The total voting power of all Owners shall be equal to
one hundred (100) votes, and the total number of votes available to Owners of anyone Unit shall
be equal to the Allocated Interest of such Unit.

9.3 .2 Multiple Owners. If only one of the multiple Owners of a Unit is present
at a meeting of the Association, the owner is entitled to cast all the votes allocated to that Unit. If
more than one of the multiple Owners are present, the votes allocated to that Unit may be cast
only in accordance with the agreement of a majority in interest of the multiple Owners. There is
majority agreement if anyone of the multiple Owners casts the votes allocated to that Unit
without protest being made promptly to the person presiding over the meeting by any of the other
Owners of the Unit.

9.3.3 Proxies. Votes allocated to a Unit may be cast pursuant to a proxy duly
executed by a Unit Owner. If a Unit is owned by more than one person, each owner of the Unit
may vote or register protest to the casting of votes by the other Owners of the Unit through a duly
executed proxy. A Unit Owner may not revoke a proxy given pursuant to this section except by
actual notice of revocation to the person presiding over a meeting of the association. A proxy is
void if it is not dated or purports to be revocable without notice. Unless stated otherwise in the
proxy, a proxy terminates eleven months after its date of issuance.

9.3.4 Association Owned Units. No votes allocated to a Unit owned by the
Association may be cast, and in determining the percentage of votes required to act on any
matter, the votes allocated to Units owned by the Association shall be disregarded.

9.3.5 Pledged Votes. If an Owner is in default under a first Mortgage on the
Unit for ninety (90) consecutive days or more, the Mortgagee shall automatically be authorized to
declare at any time thereafter that the Unit Owner has pledged his or her vote on all issues to the
Mortgagee during the continuance of the default. If the Board has been notified of any such
pledge to a Mortgagee, or in the event the record Owner or Owners have otherwise pledged their
vote regarding special matters to a Mortgagee under a duly recorded Mortgage, only the vote of
such Mortgagee or vendor, will be recognized in regard to the special matters upon which the
vote is so pledged, if a copy of the instrument with this pledge has been filed with the Board.
Amendments to this subsection shall only be effective upon the written consent of all the voting
Owners and their respective Mortgagees, if any.

9.3.6 Voting. At all meetings of the membership, whether regular or

special, the vote of at least a majority of the voting power shall prevail at any of such meetings at

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