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LEGAL
DESCRIPTION:
An undivided interest in
Sedona Summit Resort, a Timeshare Resort (the “Project”), according to the
Second Amended and Restated Declaration of Dedication and Covenants,
Conditions, Restrictions, and Easements for Sedona Summit Resort, a
Timeshare Resort, duly recorded in the Official Records of Yavapai County,
Arizona, in Book 3659, Page 936, and all annexations, amendments, and
supplements thereto (the “Declaration”), and as shown on Arbitrary Plat A,
Page 1, together with the recurring (i) exclusive right during
alternate calendar years to reserve, use, and occupy a Full Unit or
Units or Partial Unit or Units within the Project; and (ii) non-exclusive
right to use and enjoy the Project’s Common Area and Common Furnishings,
for their intended purposes, during such Fixed Use Periods as is set forth
below (if Grantee has purchased a Fixed Use Period) or such Use Periods as
shall properly have been reserved in accordance with the provisions of the
then current Rules and Regulations promulgated by Sedona Summit Resort
Owners Association, all pursuant to the Declaration. For convenience in
inventory control, conveyancing, and titling, the interval interest is
allocated to one or more specific Unit(s); however, the Grantee shall NOT
have the right to use and occupy such specific Unit(s), only the right to
use and occupy a Unit.
Unit No.:
227P (Floating)
Biennial Even
Initial Use Year:
2003
Floating Time
Fixed Unit (if
applicable):
Fixed Event (if
applicable):
Fixed Use Period (if
applicable):
Number of Rights (if
applicable): N/A
Suite (if
applicable): Partial/Privacy
Undivided Interest in
Unit: 1/208
Interval Interest No. (if applicable): 2748
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