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b_ ather Ac3ditions. Upon approval in writing of the Assaciation pur- suant to a vate of its me�nbers as provided in its Bylaws, the Qwner of any property who desir�s to add i� to the scheme of this beclaration and ta subject it to the jurisdictior� of the Assaciatian may fi�e of reco�d a suPpiementary declaration af covenar�ts and restrict�ons as in subsection (a) hereof. c. Merge�s. i��an a merge� or consoi.idatian of the AsSOCTation with an- other associ at� on as pravi ded i n it5 By-Laws ,�ts pra�er-ti e5 , ri ghts and abligatians r�ay, by operaLion of ]aw, be trans�Ferred ta anpther surviving o r consolidated assoc�ation ar, a3te�r�atively, the p�aperties, rights and obiigatia�s of anather assaciat�on may, by operatYOn of �aw, be added to the properti es, r� ghts ar�d obl igat�ans af the Associ at�on as a survi vi ng corpa�ation pursuant �o a r�erg�r. The surv� v� ng or consol idated associ a- t i on may admi r�i s'ter the cnvenants and r�st rTC�i ons estabT i st�ed by th i s llec�aratian witf3 .the Ezist�ng Property, together with the tavenar�ts and restr�ctTOns estab�ishea �pan any o�he� praperties as ot�e scheme, �ta such r�e�ger or consoiidation, however, shall effect any revocatiort, change ar addit�ons to the coverrants establish�d by ihis Declarati�r� w�th�n the Existing Property, except as hereinafter provided. ARTICLE iII MEMBERSHIP RN� YOiING RIGI�TS IN Tt�E ASSEiCIAtION Sectian 1. Me�i�erShip. Every }�e�son or ent7ty who is a rec�rd awner af a fe� or undi vided i ntecest i n any Lat wh� ch i� sub ject by covenants pf rec�rd to asses5�nent by the Association, iricluding contract seiier�, shall be a Me�nher of the Associaiion. Th� farega�ny is not intended ta incl�de persons or entities who hold an interest merely as security far �he performance o� an ab�igatzon. No Owner shall have r�ore than one membership. Sectior� 2. Yot3ng Rights. The Westwood Village Associati�n shai3 ha�e two Classes of voting �nem�e�ship: C3ass A. Class A memoers shail be a11 t�ose Owners as de�ined in 5ec- tian I, with the exception af the Develo�er. Cia�s A members shall b� entftled Co oRe �ate far each lpt in which t�e inte�est r�quirecf for mem- ber�hl p by 5ecti on 1. When r�ore than ane �er�o� hplds such inte�es� i n any Loi, all such persons shall �e members. �he vote for each Lat shall be exerci sed as they, among therns�� ves, dete�r�i Re, and by Associ ation By- Laws, but in no even� shajl more thdr� one vate �e cast with respect to any Lot. C1ass 8. Tt�e fl ev�loper shall be the sole Ciass B rtember. �1d55 B members shall be entitied to 125 V0�25 in the W�S�WOOC� Village Associa�- tion. i'he C�ass ��embersh�p sha�l cease and term�nate upan ti�e happening of eith�r of the foljowing events, whichever first occurs: a. Wfi�er� the last Lat w�thtn Westwood V� llage is soid, or b. On �ecember 31, 1973. From and after ti�e happenzng of either af these events, +�Mic�eve� f�rst accurs, the Class B inember snal�- �e deer�ed to be a Class A r�ember, e�tit�ed to one vote for each Loi � as p rovi ded for C3 as s A r�embers � i r� whi ch i t hol ds �the �inter�st req�ired far rnembership u�der Section 1. �-3- 11/2191 � SLOlt�00'd EL9�0691.59(X��i 1t��94 BDQ�lfiZ�64