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Article I - Identification

These are the Bylaws of the unit ownership estates collectively known as "Spainnaker Point" created by virtue of the submission by declaration of the following described property to the Unit Ownership Estate Act of the State of Oklahoma (Title 60, Oklahome Statutes Annotated, Sections 501-30 inclusive):

EXHIBIT "A"
to
BYLAWS
SPINNAKER POINT

    A tract of land in a part of the NE/4 of the NE/4 of Section 32, AND the W/2 of the NW/4 of the NW/4 of Section 33, T-24-N, R-22-E of the Indian Base and Meridian, Delaware County, Oklahoma, being more particulalry described as follows, to-wit: CCOMMENCING at the Northwest corner ......

which Declaration has been recorded in the Office of the County Clerk of Delaware County, Oklahoma, simultaneous with the recording of these Bylaws.

    The administration of all of the above property and its use and occupancy shall be governed by these Bylaws which are the bylaws required by the provisions of the aforesaid Act and which are referred to therein.

    All present and future owners, mortgagees, lessees and occupants of unit ownership estates in Spinnaker Point and their employees and any other person who may use the facilities of the property in any manner are subject to these Bylaws, the Declaration and any rules and regulations promulgated pursuant to these Bylaws. The accep[tance of a deed or conveyance or the entering into of a lease or the act of occupancy of a unit shall constitute an agreement that these Bylaws, the rules and regulations and the provisions of the Declaration, as they may be amended from time to time, are accepted, ratified and will be complied with.

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