6F 01191 THIRD AMENDMENT TO DECLARATION OF PRESTON ONE CONDOMINIUMS (A Condominium Regime in Collin County, Texas) STATE OF TEXAS essesses KNOW ALL MEN BY THESE PRESENTS THAT: COUNTY OF COLLIN § THIS THIRD AMENDMENT ΤΟ DECLARATION OF PRESTON ONE CONDOMINIUMS (the "Amendment), is made and entered into on this i6th day of August, 2016, by PRESTON OFFICE CONDOMINIUM, INC., a Texas non-profit corporation (the "Association"); and WITNESSETH: WHEREAS, Preston One Condominiums is a condominium regime in Collin County, Texas, created pursuant that the certain Declaration of Preston One Condominiums dated February 25, 2005 (the "Declaration"), recorded February 25, 2005, at Volume 05864, Page 01294, Official Public Records, Collin County, Texas, as amended by that certain Amendment to the Declaration of Preston One Condominiums dated effective March 1, 2005, recorded June 20, 2006, as Instrument No. 20060620000842530, Official Public records, Collin County, Texas, and as further amended by that certain Second Amendment to the Declaration of Preston One Condominiums dated effective November 5, 2013, recorded November 18, 2013, as Instrument No.
20131118001547400, Official Public records, Collin County, Texas (as so amended, the "Declaration"); WHEREAS, capitalized terms used in this Amendment and not otherwise defined herein shall have the meanings given to them in the Declaration; WHEREAS, under the Declaration, the Association has the power to enter into this Amendment on behalf of its Members, being all the Owners within the Condominium Regime on approval of this Amendment by the Owners of at least 67% of the outstanding Percentage Interests in the Common Elements of the Condominium Regime;
being all the Owners within the Condominium Regime on approval of this Amendment by the Owners of at least 67% of the outstanding Percentage Interests in the Common Elements of the Condominium Regime; WHEREAS, as shown by the Certificate of the Officers of the Association attached to this Amendment, the Owners of two-thirds or more of the Percentage Interests in the Common Elements of the Condominium Regime have voted in favor of, approved of and consented to this Amendment; WHEREAS, also as shown by the Certificate of the Officers of the Association attached to this Amendment, the Board of Directors of the Association has unanimously approved this Amendment and the action to be taken by the Association hereunder; NOW THEREFORE, in consideration of the premises, the Declaration is further amended to authorize and direct the Association to enter into, execute and deliver the Declaration of Condominium Regime for Preston One Master Condominiums (a Master Condominium Located 1 1 in Collin County, Texas) (the "Master Declaration"), on behalf of all its Members, being all the Owners within the Condominium Regime. The Master Declaration covers and relates to the following real property in Collin County, Texas (the “Property¨), which includes (among other land) the land covered by the Condominium Regime: BEING LOT 1R, BLOCK A, PRESTON ONE ADDITION, an addition of the City of Plano, Collin County, Texas, according to the plat thereof recorded in Cabinet 2006, Page 850, Plat Records, Collin County, Texas.
The Declaration is further amended to provide that the Association's power of attorney under the Declaration is amended to include the power to enter into the Master Declaration on behalf of all Owners.
e Declaration is further amended to provide that the Association's power of attorney under the Declaration is amended to include the power to enter into the Master Declaration on behalf of all Owners.
The Declaration is further amended to provide that subsequent to an affirmative vote of the Members on the Master Declaration, Preston One, L.P., and persons affiliated with Preston One, L.P., shall no longer be entitled to vote the interest assigned to any Units owned by Preston One, L.P. or such affiliate, on any issue submitted to a vote of the Members that involves the Master Association. If Preston One, L.P., shall sell any Unit, however, to a person not affiliated with Preston One, L.P., the voting rights related to such Unit shall automatically be restored.
The Declaration is further amended to provide that no owner of a financial interest in Preston One, L.P. shall be qualified to be a member of the Association's Board of Directors.
IN WITNESS WHEREOF the undersigned have executed this Amendment on behalf and as the act of the Association as of the day and year first written above.
PRESTON OFFICE CONDOMINIUM, INC.
By: Olufemi Owoseni, President, By: Rajiv Joseph Secretary By: Jepht Joseph Jackson, Treasurer 2 THE STATE OF TEXAS COUNTY OF Calli essesses This instrument was acknowledged before me on the 16 day Vof August.
2016, by OLUFEMI OWOSENI, President of PRESTON OFFICE CONDOMINIUM, INC., a Texas corporation, on behalf of such corporation.
SEAL & Vever MC/ Notary Public, State of Texas 2017 TEXAS -10-2017 COUNTY OF THE STATE OF TEXAS, My Commission Expire MALLORIE OTAR STATE This instrument was acknowledged before me on the 16 day of 2016, by RAJIV JOSEPH, Secretary of PRESTON OFFICE CONDOMINIUM, INC.ca Texas corporation, on behalf of such corporation.
MALLORIE OTAR STATE This instrument was acknowledged before me on the 16 day of 2016, by RAJIV JOSEPH, Secretary of PRESTON OFFICE CONDOMINIUM, INC.ca Texas corporation, on behalf of such corporation.
Notary Public, State of Texas 6-10-2017 SEAL My Commission Expires: THE STATE O ALLORIE MCMA SUB COUNTY GE OF TEXAS 55799 This instrument was acknowledged before me on the _, 2016, by JOSEPH JACKSO6-1920 reasurer of PRESTON OFFICE CONDOMINIUM, INC., a Texas corporation, on behalf of such corporation.
SEAL MALLORIE My Commission Expire EXP.
ON STATE OTA, MCMANI 1 Notary Public, State of Texas 2017 OF TEXAS 5579 06-10-2017 3 day of OFFICERS' CERTIFICATE We hereby certify that we are the duly elected and acting President, Secretary and Treasurer of PRESTON OFFICE CONDOMINIUM, INC., a Texas non-profit corporation (the "Association"), and that the above and foregoing Third Amendment to Declaration of Preston One Condominiums, a Condominium Regime in Collin County, Texas, has been approved by the vote of all of the members of the Board of Directors of the Association and by the vote and consent of members of the Association and owners within such Condominium Regime holding 67% or more of the Percentage Interests of the Common Elements in such Condominium Regime, such percentage vote and consent being sufficient to approve and make effective such amendment under the Declaration.
ستا Cluter Casem OLUFEMIOWOSENI, PRESIDENT RAJIV JOSEPH, M.D. SECRETARY THE STATE OF TEXAS COUNTY OF Calli essesses JOSEPH JACKSON, TREASURER This instrument was acknowledged before me on the 16 day OLUFEMI OWOSENI, PRESIDENT of PRESTON OFFICE CONDOMINIUM, INC., a Texas non-profit corporation.
SEAL MALLORIE NOTARY STATE MCMANU TEXAS Notary Public, State of Texas My Commission aires: 6-10-2017 06-10-2017
OWOSENI, PRESIDENT of PRESTON OFFICE CONDOMINIUM, INC., a Texas non-profit corporation.
SEAL MALLORIE NOTARY STATE MCMANU TEXAS Notary Public, State of Texas My Commission aires: 6-10-2017 06-10-2017 2016, by 4 THE STATE OF TEXAS COUNTY OF سكات § § This instrument was acknowledged before me on the day of UM, INC., a Texas 1/4 RAJIV JOSEPH, M.D., SECRETARY of PRESTON OFFICE CONDOMINIUM, INC., a Texas non-profit corporation.
MALLORIE OTARY MCMANU 52 6211/76 Notary Public, State of Texas 0-2017 , 2016, by SEAL My Commission Exp THE STATE OF COUNTY OF TATE 08-10-2017 This instrument was acknowledged before me on the To 6 day of Accent 2016, by JOSEPH JACKSON, TREASURER of PRESTON OFFICE CONDOMINIUM, INC., a Texas non-profit corporation.
SEAL MALLORIE NOTAR My Commission Expir TE OF 155 MCMANU TEXAS 57991.
20 Malline Menez Notary Public, State of Texas FXSENT OF DECLARANT ON NEXT PAGE FOLLOWING 10 5 CONSENT OF DECLARANT While the consent of Declarant does not appear to be required to give effect to the above and foregoing Third Amendment to Declaration of Preston One Condominiums, a Condominium Regime in Collin County, Texas, the undersigned Declarant nevertheless hereby consents thereto for the removal of doubt.
PRESTON ONE, LP By: Precision Southwest Development, LLC, General Partner By: John K. Washington, President THE STATE OF TEXAS COUNTY OF Cell ess cosess § 16 day cortugest.
2016, by This instrument was acknowledged before me on the JOHN K. WASHINGTON, President of PRECISION SOUTHWEST DEVELOPMENT, LLC, a Texas limited liability company, General Partner of PRESTON ONE, LP, a Texas limited partnership, on behalf of said limited liability company and partnership.
SEAL MCMANU MALLORIE OTAR N My Commission: Exp OF TEX WHEN RECORDED RETURN TO: Nancy Patterson. Esq.
ONE, LP, a Texas limited partnership, on behalf of said limited liability company and partnership.
SEAL MCMANU MALLORIE OTAR N My Commission: Exp OF TEX WHEN RECORDED RETURN TO: Nancy Patterson. Esq.
Fidelity National Title Company 5339 Spring Valley Road Dallas, Texas 75254 Notary Public, State of Texas 2017 6 URT OF COLLIN COUNTY TEXAS Filed and Recorded Official Public Records Stacey Kemp, County Clerk Collin County, TEXAS 08/29/2016 08:46:26 AM $46.00 DLAIRD 20160829001133870 Deacup himp