TABLE OF CONTENTS - 2004 BY-LAWS

                                                                     Page

ARTICLE I - NAME OF ORGANIZATION                                      1

ARTICLE II - PURPOSES                                                 1

ARTICLE III - MEMBERSHIP PROCESS                                      1

ARTICLE IV - MEMBERSHIP VOTING RIGHTS AND PRIVILEGES                  2

ARTICLE V - MEMBER MEETINGS                                           2

ARTICLE VI - ANNUAL MEMBER MEETING                                    3

ARTICLE VII - ELECTIONS                                               3

ARTICLE VIII - OFFICERS                                               4

ARTICLE IX - BOARD OF DIRECTORS                                       5

ARTICLE X - MEETINGS OF THE BOARD OF DIRECTORS                        5

ARTICLE XI - POLICIES AND ADMINISTRATION                              5

ARTICLE XII - SPIRITUAL AND EDUCATIONAL MTGS                          5

ARTICLE XIII - HOMESITES                                              6

ARTICLE XIV - DEBT OF MEMBERS                                         6

ARTICLE XV - GUESTS & RENTALS                                         7

ARTICLE XVI - ECONOMY OF THE COMMUNITY                                8