Hidden Harbor Owner's Association, Inc.

c/o Reconcilable Differences, Inc.

109 Long Point Road

Cape Canaveral, FL 32920

321-799-0660

Fax: 321-799-0630

www.ReconcilableDifferences.net

FREQUENTLY ASKED QUESTIONS AND ANSWER SHEET

PHYSICAL ADDRESS:                                         5801 N. Atlantic Ave. Cape Canaveral, FL 32920

NUMBER OF BUILDINGS:                                   7 buildings (2 and 3-bedroom units)

NUMBER OF UNITS:                                             84

DATE ASSOCIATION WAS FORMED:               August 24, 1976

MAINTENANCE FEES for 2007:                         2 Bedroom Units: $350.00 per month

                                                                                    3 Bedroom Units: $394.00 per month

LATE FEES: Assessments unpaid for over thirty (30) days after due date shall bear interest at the rate of eight percent (8%) per annum until paid (per Declaration of Condominiums. Article 6 of the Bylaws, Fiscal Mgmnt, Paragraph C(2) states “Any assessment payment not made within ten (10) days after it is due shall be delinquent and in default. Paragraph C(6) states “Assessments and payments thereof which are not paid when due shall bear interest, from 10 days after due until paid, at the rate of eight percent (8%) per annum.

AMENITIES:                                                             Clubhouse, Swimming Pool, 2 Tennis Courts, 7.1 acres with 151 parking spaces.

VOTING RIGHTS:                                                   One vote per condominium unit owned as provided in Article II of the Bylaws.

Mandatory Membership in Association:          No Master Association

Amendments to the Declaration must be approved by fifty-six (56) unit owners. Amendments to the Articles must be approved by 75% of unit owners (63) and Amendments to the Bylaws must be approved by 2/3rd (56) of the members or a majority of those present at a meeting where a quorum of owners are in attendance.

BOARD MEMBERS:                                               Executive Board consists of 9 Directors

                                                                                     At least four (4) Board meetings shall be held during each fiscal year.

LEASING RESTRICTIONS:                                  Minimum three (3) months lease, per Article 15 of the Declaration of Condominiums which further states that a copy of said lease must be presented within 10 days of its execution.

INSURANCE AGENCY/AGENT:                          Statewide Insurance,  David Siperek 772-567-1700

UTILITIES PAID BY ASSOCIATION:                   Water, Sewer, Cable, Trash Removal, Outdoor Electricity.

PET RESTRICTION: One dog or one cat, not exceeding 20 pounds. No snakes or reptiles allowed. Small birds may be kept if not a nuisance. Pets must be leashed at all times while on Association property and pets are not permitted in the pool, tennis courts, recreation areas or in the open grassy common areas between the buildings, per Article 12, Use Restrictions, in the Declaration of Condominiums. Pets must be walked ONLY on the perimeter of the complex and no pets shall be left unattended on porches or on common property.

OTHER RESTRICTIONS: No signs of any type shall be shown on the common property or any unit. Parking is limited to automobiles in operating condition. Motorcycles, trailers, boats and commercial vehicles are prohibited without Board approval.

HURRICANE SHUTTER SPECIFICATIONS:  Shutter specifications were approved by Resolution dated April 1992. The only type of shutters allowed will be Rolldown, Track Bronze, Color Beige, and of non-rusting materials.

ANNUAL MEMBERS’ MEETINGS: shall be held at 6:00 p.m. on the fourth Wednesday in January  (Article 3 of the Bylaws).

 NOTE:

THE STATEMENTS CONTAINED HEREIN ARE ONLY SUMMARY IN NATURE. A PROSPECTIVE PURCHASER SHOULD REFER TO ALL REFERENCE EXHIBITS HERETO, THE SALES CONTRACT AND THE CONDOMINIUM DOCUMENTS.