OR 15469/3919

THIS INSTRUMENT PREPARED BY: LEONARD LUBART, ESQUIRE, GREENSPOON, MARDER, HIRSCHFELD & RAFKIN, P.A., Trade Centre South, Suite 700, 100 West Cypress Creek Road, Fort Lauderdale, Florida 33309

FIRST AMENDMENT TO DECLARATION OF CONDOMINIUM ESTABLISHING CASTLE BEACH CLUB, A CONDOMINIUM

WHEREAS, the Declaration of Condominium establishing Castle Beach Club, a Condominium, was recorded on November 16, 1991, in Official Records Book 15285, at Page 1869, of the Public Records of Dade County, Florida (the "Declaration"); and,

WHEREAS, the Developer is the owner of Units 433, 434, 435, 1101, 1102 and 1103; and,

WHEREAS, Article 4.02 of the Declaration provides as follows:

[Quoted text of 4.02 in full, matching the Declaration transcript's Article 4.02 verbatim.]

NOW, THEREFORE, the Declaration is amended as follows:

1. Unit 434 is eliminated. Units 433 and 435 are hereby enlarged by the construction of a wall dividing former Unit 434 in half and making each half of former Unit 434 a part of Units 433 and 435 as shown on the Floor Plans attached hereto as Exhibit "A" which replaces Sheet 12 of 40 in the original Declaration.

2. The undivided share in the Common Expenses and the percentage of sharing Common Expenses and owning Common Surplus for Units 433 and 435 shall now be equal to their original percentage plus one-half of the percentage allocated to former Unit 434.

3. Units 433 and 435 will have one vote each.

4. Unit 1102 is eliminated. Units 1101 and 1103 are hereby enlarged by the construction of a wall dividing former Unit 1102 in half and making each half of former Unit 1102 a part of Units 1101 [continues on next page]